SSMTF (Sensible Meats) Days Payable: 0.00 (As of Aug. 2024)


What is Sensible Meats Days Payable?

Sensible Meats SSMTF Days Payable is 0.00 as of Aug. 2024.

Sensible Meats's average Accounts Payable for the three months ended in Aug. 2024 was $0.01 Mil. Sensible Meats's Cost of Goods Sold for the three months ended in Aug. 2024 was $0.00 Mil.

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

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

Sensible Meats's Days Payable stayed the same from Aug. 2023 (0.00) to Aug. 2024 (0.00). stayed the same

Sensible Meats Days Payable Historical Data

* Premium members only.

The historical data trend for Sensible Meats'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.

Sensible Meats Days Payable Chart

Sensible Meats Annual Data
Trend Nov21 Nov22 Nov23
Days Payable
0.00 0.00 0.00

Sensible Meats Quarterly Data
Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

SSMTF vs TLCC, AJYG, RIBT: Days Payable Comparison

For the Packaged Foods subindustry, Sensible Meats'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.

Sensible Meats Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sensible Meats's Days Payable distribution charts can be found below:

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


Sensible Meats 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.

Sensible Meats's Days Payable for the fiscal year that ended in Nov. 2023 is calculated as

Days Payable (A: Nov. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Nov. 2022 ) + Accounts Payable (A: Nov. 2023 )) / count ) / Cost of Goods Sold (A: Nov. 2023 )*Days in Period
=( (0.016 + 0.001) / 2 ) / 0*365
=0.0085 / 0*365
=N/A

Sensible Meats's Days Payable for the quarter that ended in Aug. 2024 is calculated as:

Days Payable (Q: Aug. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: May. 2024 ) + Accounts Payable (Q: Aug. 2024 )) / count ) / Cost of Goods Sold (Q: Aug. 2024 )*Days in Period
=( (0.014 + 0.01) / 2 ) / 0*365 / 4
=0.012 / 0*365 / 4
=N/A

* 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?
Sensible Meats (SSMTF) has a Days Payable of 0.00 as of Aug. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Sensible Meats and its competitors.
Is Sensible Meats' Days Payable too high?
Sensible Meats' current Days Payable is 0.00.
How does Sensible Meats' Days Payable compare to TLCC and AJYG?
Sensible Meats' 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 Sensible Meats 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. Sensible Meats'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 Sensible Meats stock overvalued right now?
Sensible Meats (SSMTF) 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 Sensible Meats (SSMTF), the current Days Payable is 0.00 as of Aug. 2024. 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.

Sensible Meats Business Description

Address 1450, 789 West Pender Street, Calgary, BC, CAN, V6C 1H2
Sensible Meats Inc is a plant-based food company that has designed and developed plant-based meat food alternatives and intends to distribute and sell its line of plant-based hot dogs. The company's first and primary product is a line of plant-based hotdogs.