MMNFQ (MedMen Enterprises) Days Payable: 126.56 (As of Mar. 2023)


What is MedMen Enterprises Days Payable?

MedMen Enterprises MMNFQ -90.00% Days Payable is 126.56 as of Mar. 2023.

MedMen Enterprises's average Accounts Payable for the three months ended in Mar. 2023 was $19.5 Mil. MedMen Enterprises's Cost of Goods Sold for the three months ended in Mar. 2023 was $14.1 Mil. Hence, MedMen Enterprises's Days Payable for the three months ended in Mar. 2023 was 126.56.

The historical rank and industry rank for MedMen Enterprises's Days Payable or its related term are showing as below:

MMNFQ's Days Payable is not ranked *
in the Drug Manufacturers industry.
Industry Median: 90.98
* Ranked among companies with meaningful Days Payable only.

MedMen Enterprises's Days Payable increased from Mar. 2022 (125.02) to Mar. 2023 (126.56). It may suggest that MedMen Enterprises delayed paying its suppliers.

MedMen Enterprises Days Payable Historical Data

* Premium members only.

The historical data trend for MedMen Enterprises's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

MedMen Enterprises Days Payable Chart

MedMen Enterprises Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 127.48 183.29 188.58 202.30 113.27

MedMen Enterprises Quarterly Data
Apr18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 125.02 106.18 118.88 121.89 126.56

MMNFQ vs ZTS, VTRS, NBIX: Days Payable Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, MedMen Enterprises's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

MedMen Enterprises Days Payable vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, MedMen Enterprises's Days Payable distribution charts can be found below:

* The bar in red indicates where MedMen Enterprises's Days Payable falls into.


MedMen Enterprises Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

MedMen Enterprises's Days Payable for the fiscal year that ended in Jun. 2022 is calculated as

Days Payable (A: Jun. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2021 ) + Accounts Payable (A: Jun. 2022 )) / count ) / Cost of Goods Sold (A: Jun. 2022 )*Days in Period
=( (23.621 + 20.497) / 2 ) / 71.085*365
=22.059 / 71.085*365
=113.27

MedMen Enterprises's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

Days Payable (Q: Mar. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (19.663 + 19.384) / 2 ) / 14.077*365 / 4
=19.5235 / 14.077*365 / 4
=126.56

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 126.56 mean?
MedMen Enterprises (MMNFQ) has a Days Payable of 126.56 as of Mar. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on MedMen Enterprises and its competitors.
Is MedMen Enterprises' Days Payable too high?
MedMen Enterprises' current Days Payable is 126.56. The Drug Manufacturers industry median Days Payable is 90.98. MedMen Enterprises' value of 126.56 is 39.1% above this industry median.
How does MedMen Enterprises' Days Payable compare to ZTS and VTRS?
MedMen Enterprises' Days Payable of 126.56 can be compared against companies in the Drug Manufacturers industry. The industry median Days Payable is 90.98. MedMen Enterprises' value of 126.56 is 39.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Drug Manufacturers company?
The median Days Payable among Drug Manufacturers companies is 90.98, based on 923 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MedMen Enterprises's current Days Payable of 126.56 is 39.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on MedMen Enterprises and its competitors. For the Drug Manufacturers industry, the median Days Payable is 90.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MedMen Enterprises's current Days Payable is 126.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MedMen Enterprises stock overvalued right now?
MedMen Enterprises (MMNFQ) has a current Days Payable of 126.56. The current Days Payable is 126.56 and 39.1% above the Drug Manufacturers industry median of 90.98. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For MedMen Enterprises (MMNFQ), the current Days Payable is 126.56 as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

MedMen Enterprises Business Description

Address 8740 S Sepulveda Boulevard, Suite 105, Los Angeles, CA, USA, 90045
MedMen Enterprises Inc is a American cannabis company dedicated to improving life with Cannabis for All. With operations across the United States in California, Nevada, Illinois, Arizona, Massachusetts, and New York, the company has MedMen and LuxLyte brands offering cannabis in consumer-preferred product forms for medical and recreational use. It produces and curates the consumer product assortment for retail operations in its local communities, and drives consumer loyalty with service and engaging in-store experience, combined with reward, delivery, and e-commerce programs.