MediPharm Labs (TSX:LABS) Days Payable: 81.81 (As of Jun. 2026) — 94% Above Median

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What is MediPharm Labs Days Payable?

MediPharm Labs TSX:LABS Days Payable is 81.81 as of Jun. 2026, which is 94% above its 10-year median of 42.17. The stock has 4 warning signs investors should review. Among 925 Drug Manufacturers companies, MediPharm Labs ranks worse than 63.89% on this metric.

MediPharm Labs's average Accounts Payable for the three months ended in Jun. 2026 was C$5.09 Mil. MediPharm Labs's Cost of Goods Sold for the three months ended in Jun. 2026 was C$5.67 Mil. Hence, MediPharm Labs's Days Payable for the three months ended in Jun. 2026 was 81.81.

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

TSX:LABS' s Days Payable Range Over the Past 10 Years
Min: 38.03   Med: 42.17   Max: 64.65
Current: 64.65

During the past 9 years, MediPharm Labs's highest Days Payable was 64.65. The lowest was 38.03. And the median was 42.17.

TSX:LABS's Days Payable is ranked worse than
63.89% of 925 companies
in the Drug Manufacturers industry
Industry Median: 88.85 vs TSX:LABS: 64.65

MediPharm Labs's Days Payable increased from Jun. 2025 (54.15) to Jun. 2026 (81.81). It may suggest that MediPharm Labs delayed paying its suppliers.


MediPharm Labs Days Payable Historical Data

* Premium members only.

The historical data trend for MediPharm Labs'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.

MediPharm Labs Days Payable Chart

MediPharm Labs Annual Data
Trend Sep17 Sep18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 42.17 49.59 38.03 39.85 52.44

MediPharm Labs Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 54.15 48.01 60.16 75.06 81.81

TSX:LABS vs ZTS: Days Payable Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, MediPharm Labs'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.


MediPharm Labs Days Payable vs Drug Manufacturers Industry

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

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



MediPharm Labs 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.

MediPharm Labs's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (4.237 + 4.715) / 2 ) / 31.156*365
=4.476 / 31.156*365
=52.44

MediPharm Labs's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (4.565 + 5.606) / 2 ) / 5.672*365 / 4
=5.0855 / 5.672*365 / 4
=81.81

* 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 81.81 mean?
MediPharm Labs (TSX:LABS) has a Days Payable of 81.81 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on MediPharm Labs and its competitors. This is 94% above median its historical median of 42.17. Over the past decade, MediPharm Labs' Days Payable has ranged from 38.03 to 64.65. According to the industry distribution chart, MediPharm Labs ranks #591 out of 925 companies in the Drug Manufacturers industry, placing it in the top 63.9%.
Is MediPharm Labs' Days Payable too high?
MediPharm Labs' current Days Payable of 81.81 is 94% above median its 10-year median of 42.17. Over the past 10 years, this metric has ranged from a low of 38.03 to a high of 64.65. The Drug Manufacturers industry median Days Payable is 88.85. MediPharm Labs' value of 81.81 is 7.9% below this industry median. Based on the distribution chart, MediPharm Labs ranks #591 out of 925 companies in the Drug Manufacturers industry, which is below the industry midpoint.
How does MediPharm Labs' Days Payable compare to ZTS?
According to the Drug Manufacturers industry distribution chart, MediPharm Labs ranks #591 out of 925 companies for Days Payable. This places MediPharm Labs in the lower half of its industry. The industry median Days Payable is 88.85. MediPharm Labs' value of 81.81 is 7.9% below this benchmark. Historically, MediPharm Labs' own Days Payable has ranged from 38.03 to 64.65 over the past decade. While the company's 10-year median is 42.17 vs. the industry median of 88.85, MediPharm Labs has consistently been below the industry average. 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 88.85, based on 925 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. MediPharm Labs's current Days Payable of 81.81 is 7.9% below 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 MediPharm Labs and its competitors. For the Drug Manufacturers industry, the median Days Payable is 88.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MediPharm Labs's current Days Payable is 81.81, which is 94% above median its own 10-year median of 42.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MediPharm Labs stock overvalued right now?
Based on GuruFocus' analysis, MediPharm Labs (TSX:LABS) is currently considered Modestly Overvalued. The stock's GF Value™ is C$0.07, compared to a current price of C$0.08 — trading 14.3% above its estimated fair value. The current Days Payable is 81.81, which is 94% above median its 10-year median of 42.17 and 7.9% below the Drug Manufacturers industry median of 88.85. 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 MediPharm Labs (TSX:LABS), the current Days Payable is 81.81 as of Jun. 2026. 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.

MediPharm Labs Business Description

Other Exchanges MEDIF:USAMLZ:Germany
Address 151 John Street, Barrie, ON, CAN, L4N 2L1
MediPharm Labs Corp and its subsidiaries produce cannabis, purified and pharmaceutical-like cannabis extracts, related derivative products, and cannabis-related medical information and services. Its operating subsidiaries hold cultivation, standard processing, and sale licences under the Cannabis Act (Canada), allowing the cultivation, sale, and distribution of cannabis oil, extracts, edibles, topicals, dried and fresh cannabis, and derivatives to authorized purchasers. Its subsidiary provides clinic services to Canadian patients requiring medical cannabis education and prescriptions. The company operates in one reportable segment, the production and sales of cannabis flower, and generates maximum revenue from Canada, with additional international sales.