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Ayurcann Holdings (STU:3ZQ0) Days Payable : 156.36 (As of Sep. 2024)


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What is Ayurcann Holdings Days Payable?

Ayurcann Holdings's average Accounts Payable for the three months ended in Sep. 2024 was €5.85 Mil. Ayurcann Holdings's Cost of Goods Sold for the three months ended in Sep. 2024 was €3.41 Mil. Hence, Ayurcann Holdings's Days Payable for the three months ended in Sep. 2024 was 156.36.

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

STU:3ZQ0' s Days Payable Range Over the Past 10 Years
Min: 48.62   Med: 64.93   Max: 206.73
Current: 206.73

During the past 13 years, Ayurcann Holdings's highest Days Payable was 206.73. The lowest was 48.62. And the median was 64.93.

STU:3ZQ0's Days Payable is ranked better than
84.66% of 952 companies
in the Drug Manufacturers industry
Industry Median: 85.205 vs STU:3ZQ0: 206.73

Ayurcann Holdings's Days Payable increased from Sep. 2023 (140.78) to Sep. 2024 (156.36). It may suggest that Ayurcann Holdings delayed paying its suppliers.


Ayurcann Holdings Days Payable Historical Data

The historical data trend for Ayurcann Holdings'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.

* Premium members only.

Ayurcann Holdings Days Payable Chart

Ayurcann Holdings Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Jun21 Jun22 Jun23 Jun24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 120.83 46.57 62.94 68.69

Ayurcann Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 140.78 257.96 242.48 153.29 156.36

Competitive Comparison of Ayurcann Holdings's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Ayurcann Holdings'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.


Ayurcann Holdings's Days Payable Distribution in the Drug Manufacturers Industry

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

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



Ayurcann Holdings 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.

Ayurcann Holdings's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

Days Payable (A: Jun. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2023 ) + Accounts Payable (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (1.436 + 2.823) / 2 ) / 11.315*365
=2.1295 / 11.315*365
=68.69

Ayurcann Holdings's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (2.823 + 8.87) / 2 ) / 3.412*365 / 4
=5.8465 / 3.412*365 / 4
=156.36

* 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.


Ayurcann Holdings Days Payable Related Terms

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Ayurcann Holdings Business Description

Traded in Other Exchanges
Address
1080 Brock Road, Unit 6, Pickering, ON, CAN, L1W 3H3
Ayurcann Holdings Corp is engaged in providing post-harvest outsourcing solutions to licensed cannabis producers and the manufacture and distribution of cannabis products.

Ayurcann Holdings Headlines

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