MYLKF (The Planting Hope Co) Days Payable: 0.00 (As of Sep. 2023)


What is The Planting Hope Co Days Payable?

The Planting Hope Co MYLKF -99.99% Days Payable is 0.00 as of Sep. 2023.

The Planting Hope Co's average Accounts Payable for the three months ended in Sep. 2023 was $0.00 Mil. The Planting Hope Co's Cost of Goods Sold for the three months ended in Sep. 2023 was $1.16 Mil. Hence, The Planting Hope Co's Days Payable for the three months ended in Sep. 2023 was 0.00.

The historical rank and industry rank for The Planting Hope Co's Days Payable or its related term are showing as below:

MYLKF's Days Payable is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 44.145
* Ranked among companies with meaningful Days Payable only.

The Planting Hope Co's Days Payable declined from Sep. 2022 (144.09) to Sep. 2023 (0.00). It may suggest that The Planting Hope Co accelerated paying its suppliers.

The Planting Hope Co Days Payable Historical Data

* Premium members only.

The historical data trend for The Planting Hope Co'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.

The Planting Hope Co Days Payable Chart

The Planting Hope Co Annual Data
Trend Dec21 Dec22
Days Payable
377.49 146.74

The Planting Hope Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 144.09 248.87 230.47 0.00 0.00

MYLKF vs KHC, GIS: Days Payable Comparison

For the Packaged Foods subindustry, The Planting Hope Co'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.

The Planting Hope Co Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Planting Hope Co's Days Payable distribution charts can be found below:

* The bar in red indicates where The Planting Hope Co's Days Payable falls into.


The Planting Hope Co 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.

The Planting Hope Co's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (1.3 + 4.1) / 2 ) / 6.716*365
=2.7 / 6.716*365
=146.74

The Planting Hope Co's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 1.161*365 / 4
=0 / 1.161*365 / 4
=0.00

* 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 0.00 mean?
The Planting Hope Co (MYLKF) has a Days Payable of 0.00 as of Sep. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on The Planting Hope Co and its competitors.
Is The Planting Hope Co's Days Payable too high?
The Planting Hope Co's current Days Payable is 0.00.
How does The Planting Hope Co's Days Payable compare to KHC and GIS?
The Planting Hope Co's Days Payable of 0.00 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Payable is 44.15. 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.15, based on 1,882 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. 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 The Planting Hope Co and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Planting Hope Co's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Planting Hope Co stock overvalued right now?
The Planting Hope Co (MYLKF) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 The Planting Hope Co (MYLKF), the current Days Payable is 0.00 as of Sep. 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.

The Planting Hope Co Business Description

Address 725 Granville Street, Suite 400, Vancouver, BC, CAN, V7Y 1G5
The Planting Hope Co Inc develops, launches, and scales plant-based, nutritious, and planet-friendly food and beverage brands across the United States and Canada. The company's products fill key unmet needs in the skyrocketing plant-based food and beverage space. It focuses on nutrition, sustainability, and diversity, with an ongoing mission. Its brands include Hope and Sesame sesame milk, a sustainable dairy alternative that is nutritionally comparable to dairy milk; Mozaics real veggie chips, a popped alternative to fried potato chips featuring visible peas and beans as principal ingredients; Veggicopia single-serving plant-based dips cups and snack olives that have extended shelf-life, require no refrigeration and lowers the carbon footprint.