NEPTF (Neptune Wellness Solutions) Days Payable: 425.36 (As of Dec. 2023)


NEPTF Neptune Wellness Solutions Inc NEPTF
16 GF Score
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What is Neptune Wellness Solutions Days Payable?

Neptune Wellness Solutions NEPTF -99.00% 16 Days Payable is 425.36 as of Dec. 2023. GuruFocus rates NEPTF with a GF Score™ of 16/100.

Neptune Wellness Solutions's average Accounts Payable for the three months ended in Dec. 2023 was $30.60 Mil. Neptune Wellness Solutions's Cost of Goods Sold for the three months ended in Dec. 2023 was $6.57 Mil. Hence, Neptune Wellness Solutions's Days Payable for the three months ended in Dec. 2023 was 425.36.

The historical rank and industry rank for Neptune Wellness Solutions's Days Payable or its related term are showing as below:

NEPTF's Days Payable is not ranked *
in the Drug Manufacturers industry.
Industry Median: 90.835
* Ranked among companies with meaningful Days Payable only.

Neptune Wellness Solutions's Days Payable increased from Dec. 2022 (198.54) to Dec. 2023 (425.36). It may suggest that Neptune Wellness Solutions delayed paying its suppliers.

Neptune Wellness Solutions Days Payable Historical Data

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The historical data trend for Neptune Wellness Solutions'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.

Neptune Wellness Solutions Days Payable Chart

Neptune Wellness Solutions Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.51 48.49 45.91 73.94 103.34

Neptune Wellness Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 198.54 131.81 245.73 290.77 425.36

NEPTF vs CPMD, CLVR, THCT: Days Payable Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Neptune Wellness Solutions'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.

Neptune Wellness Solutions Days Payable vs Drug Manufacturers Industry

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

* The bar in red indicates where Neptune Wellness Solutions's Days Payable falls into.


NEPTF
16GF Score
Neptune Wellness Solutions Inc NEPTF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Neptune Wellness Solutions 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.

Neptune Wellness Solutions's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (10.668 + 20.526) / 2 ) / 55.089*365
=15.597 / 55.089*365
=103.34

Neptune Wellness Solutions's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (29.833 + 31.372) / 2 ) / 6.565*365 / 4
=30.6025 / 6.565*365 / 4
=425.36

* 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 425.36 mean?
Neptune Wellness Solutions (NEPTF) has a Days Payable of 425.36 as of Dec. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Neptune Wellness Solutions and its competitors.
Is Neptune Wellness Solutions' Days Payable too high?
Neptune Wellness Solutions' current Days Payable is 425.36. The Drug Manufacturers industry median Days Payable is 90.84. Neptune Wellness Solutions' value of 425.36 is 368.3% above this industry median. Overall, Neptune Wellness Solutions has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Neptune Wellness Solutions' Days Payable compare to CPMD and CLVR?
Neptune Wellness Solutions' Days Payable of 425.36 can be compared against companies in the Drug Manufacturers industry. The industry median Days Payable is 90.84. Neptune Wellness Solutions' value of 425.36 is 368.3% 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 90.84, based on 920 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. Neptune Wellness Solutions's current Days Payable of 425.36 is 368.3% 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 Neptune Wellness Solutions and its competitors. For the Drug Manufacturers industry, the median Days Payable is 90.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neptune Wellness Solutions's current Days Payable is 425.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neptune Wellness Solutions stock overvalued right now?
Neptune Wellness Solutions (NEPTF) has a current Days Payable of 425.36. The current Days Payable is 425.36 and 368.3% above the Drug Manufacturers industry median of 90.84. Neptune Wellness Solutions' overall GF Score™ is 16/100. 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 Neptune Wellness Solutions (NEPTF), the current Days Payable is 425.36 as of Dec. 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.

Neptune Wellness Solutions Business Description

Address 545 Promenade du Centropolis, Suite 100, Laval, QC, CAN, H7T 0A3
Neptune Wellness Solutions Inc is a consumer-packaged goods company that aims to innovate health and wellness products. It focuses on developing a portfolio of high-quality, affordable consumer products that align with the latest market trends for natural, sustainable, plant-based and purpose-driven lifestyle brands. The company's products include organic food and beverage brands such as Sprout Organics, Nosh, and Nurturme, as well as nutraceuticals brands like Biodroga and Forest Remedies. The company derives maximum revenue from United States.
16GF Score

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