California Nanotechnologies (TSXV:CNO) Days Payable: 114.02 (As of Feb. 2026) — 31% Below Median

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TSXV:CNO California Nanotechnologies Corp TSXV:CNO
41 GF Score
Price C$0.34
GF Value C$0.30
Valuation Modestly Overvalued
! 7 Warning Signs
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What is California Nanotechnologies Days Payable?

California Nanotechnologies TSXV:CNO -2.86% 41 Days Payable is 114.02 as of Feb. 2026, which is 31% below its 10-year median of 164.59. GuruFocus rates TSXV:CNO with a GF Score™ of 41/100 and a GF Value™ of C$0.30 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,554 Chemicals companies, California Nanotechnologies ranks better than 87.58% on this metric.

California Nanotechnologies's average Accounts Payable for the three months ended in Feb. 2026 was C$0.60 Mil. California Nanotechnologies's Cost of Goods Sold for the three months ended in Feb. 2026 was C$0.48 Mil. Hence, California Nanotechnologies's Days Payable for the three months ended in Feb. 2026 was 114.02.

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

TSXV:CNO' s Days Payable Range Over the Past 10 Years
Min: 89.56   Med: 164.59   Max: 252.39
Current: 143.05

During the past 13 years, California Nanotechnologies's highest Days Payable was 252.39. The lowest was 89.56. And the median was 164.59.

TSXV:CNO's Days Payable is ranked better than
87.58% of 1554 companies
in the Chemicals industry
Industry Median: 59.565 vs TSXV:CNO: 143.05

California Nanotechnologies's Days Payable declined from Feb. 2025 (195.26) to Feb. 2026 (114.02). It may suggest that California Nanotechnologies accelerated paying its suppliers.


California Nanotechnologies Days Payable Historical Data

* Premium members only.

The historical data trend for California Nanotechnologies'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.

California Nanotechnologies Days Payable Chart

California Nanotechnologies Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 178.96 193.82 89.56 118.10 172.11

California Nanotechnologies Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 195.26 190.07 126.08 119.00 114.02

TSXV:CNO vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, California Nanotechnologies'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.


California Nanotechnologies Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, California Nanotechnologies's Days Payable distribution charts can be found below:

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


TSXV:CNO
41GF Score
California Nanotechnologies Corp TSXV:CNO
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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California Nanotechnologies 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.

California Nanotechnologies's Days Payable for the fiscal year that ended in Feb. 2026 is calculated as

Days Payable (A: Feb. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Feb. 2025 ) + Accounts Payable (A: Feb. 2026 )) / count ) / Cost of Goods Sold (A: Feb. 2026 )*Days in Period
=( (1.155 + 0.502) / 2 ) / 1.757*365
=0.8285 / 1.757*365
=172.11

California Nanotechnologies's Days Payable for the quarter that ended in Feb. 2026 is calculated as:

Days Payable (Q: Feb. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2025 ) + Accounts Payable (Q: Feb. 2026 )) / count ) / Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=( (0.7 + 0.502) / 2 ) / 0.481*365 / 4
=0.601 / 0.481*365 / 4
=114.02

* 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 114.02 mean?
California Nanotechnologies (TSXV:CNO) has a Days Payable of 114.02 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on California Nanotechnologies and its competitors. This is 31% below median its historical median of 164.59. Over the past decade, California Nanotechnologies' Days Payable has ranged from 89.56 to 252.39. According to the industry distribution chart, California Nanotechnologies ranks #193 out of 1554 companies in the Chemicals industry, placing it in the top 12.4%.
Is California Nanotechnologies' Days Payable too high?
California Nanotechnologies' current Days Payable of 114.02 is 31% below median its 10-year median of 164.59. Over the past 10 years, this metric has ranged from a low of 89.56 to a high of 252.39. The Chemicals industry median Days Payable is 59.57. California Nanotechnologies' value of 114.02 is 91.4% above this industry median. Based on the distribution chart, California Nanotechnologies ranks #193 out of 1554 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, California Nanotechnologies has a GF Score™ of 41/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does California Nanotechnologies' Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, California Nanotechnologies ranks #193 out of 1554 companies for Days Payable. This places California Nanotechnologies in the top 12% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.57. California Nanotechnologies' value of 114.02 is 91.4% above this benchmark. Historically, California Nanotechnologies' own Days Payable has ranged from 89.56 to 252.39 over the past decade. While the company's 10-year median is 164.59 vs. the industry median of 59.57, California Nanotechnologies has consistently been above 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.57, based on 1,554 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. California Nanotechnologies's current Days Payable of 114.02 is 91.4% 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 California Nanotechnologies and its competitors. For the Chemicals industry, the median Days Payable is 59.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. California Nanotechnologies's current Days Payable is 114.02, which is 31% below median its own 10-year median of 164.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is California Nanotechnologies stock overvalued right now?
Based on GuruFocus' analysis, California Nanotechnologies (TSXV:CNO) is currently considered Modestly Overvalued. The stock's GF Value™ is C$0.30, compared to a current price of C$0.34 — trading 13.3% above its estimated fair value. The current Days Payable is 114.02, which is 31% below median its 10-year median of 164.59 and 91.4% above the Chemicals industry median of 59.57. California Nanotechnologies' overall GF Score™ is 41/100 with 7 warning signs to review. 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 California Nanotechnologies (TSXV:CNO), the current Days Payable is 114.02 as of Feb. 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.

Is California Nanotechnologies (TSXV:CNO) Overvalued in 2026?

Based on GuruFocus' analysis, California Nanotechnologies stock appears to be overvalued. The current stock price of C$0.34 is trading 13.3% above its estimated GF Value™ of C$0.30. GuruFocus considers California Nanotechnologies to be Modestly Overvalued.

Key valuation signals for TSXV:CNO:

  • Days Payable: 114.02 (31% below median its 10-year median of 164.59)
  • GF Value™: C$0.30 vs. price of C$0.34 (13.3% above fair value)
  • GF Score™: 41/100 with 7 warning signs
  • Industry Position: 91.4% above the Chemicals median (#193 of 1554)

No single metric tells the full story. See the TSXV:CNO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


California Nanotechnologies Business Description

Other Exchanges CANOF:USAR14:Germany
Address 110 Yonge Street, Suite 1601, Toronto, ON, CAN, M5C 1T4
California Nanotechnologies Corp engages in the production, and research and development of nanostructured components and materials. Its products include High-Strength Graphite Spark tooling, Plasma Sintering Tooling, Tungsten Carbide Tooling, Carbon Graphite Foil, Carbon Felt and Yarn, and others.
41GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$0.34
Price
C$0.30
GF Value