PHOT (GrowLife) Days Payable: 1,572.47 (As of Jun. 2023)


PHOT GrowLife Inc PHOT
12 GF Score
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What is GrowLife Days Payable?

GrowLife PHOT 12 Days Payable is 1,572.47 as of Jun. 2023. GuruFocus rates PHOT with a GF Score™ of 12/100.

GrowLife's average Accounts Payable for the three months ended in Jun. 2023 was $0.74 Mil. GrowLife's Cost of Goods Sold for the three months ended in Jun. 2023 was $0.04 Mil. Hence, GrowLife's Days Payable for the three months ended in Jun. 2023 was 1,572.47.

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

PHOT's Days Payable is not ranked *
in the Industrial Distribution industry.
Industry Median: 56.57
* Ranked among companies with meaningful Days Payable only.

GrowLife's Days Payable increased from Jun. 2022 (0.00) to Jun. 2023 (1,572.47). It may suggest that GrowLife delayed paying its suppliers.

GrowLife Days Payable Historical Data

* Premium members only.

The historical data trend for GrowLife'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.

GrowLife Days Payable Chart

GrowLife Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.36 71.18 104.53 0.00 0.00

GrowLife Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.00 580.65 0.00 1,693.69 1,572.47

PHOT vs MJHI, GWW, FERG: Days Payable Comparison

For the Industrial Distribution subindustry, GrowLife'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.

GrowLife Days Payable vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, GrowLife's Days Payable distribution charts can be found below:

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


PHOT
12GF Score
GrowLife Inc PHOT
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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GrowLife 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.

GrowLife'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
=( (0.83 + 0.851) / 2 ) / 0*365
=0.8405 / 0*365
=N/A

GrowLife's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2023 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (0.671 + 0.811) / 2 ) / 0.043*365 / 4
=0.741 / 0.043*365 / 4
=1,572.47

* 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 1,572.47 mean?
GrowLife (PHOT) has a Days Payable of 1,572.47 as of Jun. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on GrowLife and its competitors.
Is GrowLife's Days Payable too high?
GrowLife's current Days Payable is 1,572.47. The Industrial Distribution industry median Days Payable is 56.57. GrowLife's value of 1,572.47 is 2679.7% above this industry median. Overall, GrowLife has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does GrowLife's Days Payable compare to MJHI and GWW?
GrowLife's Days Payable of 1,572.47 can be compared against companies in the Industrial Distribution industry. The industry median Days Payable is 56.57. GrowLife's value of 1,572.47 is 2679.7% 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 an Industrial Distribution company?
The median Days Payable among Industrial Distribution companies is 56.57, based on 153 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. GrowLife's current Days Payable of 1,572.47 is 2679.7% 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 GrowLife and its competitors. For the Industrial Distribution industry, the median Days Payable is 56.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GrowLife's current Days Payable is 1,572.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GrowLife stock overvalued right now?
GrowLife (PHOT) has a current Days Payable of 1,572.47. The current Days Payable is 1,572.47 and 2679.7% above the Industrial Distribution industry median of 56.57. GrowLife's overall GF Score™ is 12/100. 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 GrowLife (PHOT), the current Days Payable is 1,572.47 as of Jun. 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.

GrowLife Business Description

Address 11335 North East 122nd Way, Suite 105, Kirkland, WA, USA, 98034
GrowLife Inc. is a producer and supplier of gourmet fresh mushrooms, functional mushroom products, and mycological supplies.
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