VRNOF (Verano Holdings) Days Payable : 35.32 (As of Mar. 2025)

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What is Verano Holdings Days Payable?

Verano Holdings's average Accounts Payable for the three months ended in Mar. 2025 was $42.7 Mil. Verano Holdings's Cost of Goods Sold for the three months ended in Mar. 2025 was $110.2 Mil. Hence, Verano Holdings's Days Payable for the three months ended in Mar. 2025 was 35.32.

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

VRNOF' s Days Payable Range Over the Past 10 Years
Min: 0.24 Med: 28.48 Max: 33.22
Current: 30.23

During the past 6 years, Verano Holdings's highest Days Payable was 33.22. The lowest was 0.24. And the median was 28.48.

VRNOF's Days Payable is ranked worse than
90.02% of 922 companies
in the Drug Manufacturers industry
Industry Median: 88.03 vs VRNOF: 30.23

Verano Holdings's Days Payable increased from Mar. 2024 (25.09) to Mar. 2025 (35.32). It may suggest that Verano Holdings delayed paying its suppliers.

Verano Holdings Days Payable Historical Data

The historical data trend for Verano 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.

Verano Holdings Days Payable Chart

Verano Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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0.24

20.31

34.26

28.28

29.90

Verano Holdings Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial															25.09	22.60	28.71	33.98	35.32

Competitive Comparison of Verano Holdings's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Verano 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.

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

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

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

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Verano 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.

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

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (31.281	+	39.927)	/	2 )	/	434.654	*	365
=	35.604					/	434.654	*	365
=	29.90

Verano Holdings's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

	Days Payable (Q: Mar. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2024 )	+	Accounts Payable (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (39.927	+	45.401)	/	2 )	/	110.228	*	365 / 4
=	42.664					/	110.228	*	365 / 4
=	35.32

Verano Holdings Days Payable Related Terms

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Verano Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Verano Holdings Corp (OTCPK:VRNOF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

76U0:Germany VRNO:Canada

Address

214 West Hill Street, Suite 400, Chicago, IL, USA, 60610

Website

https://www.veranogrown.com

Verano Holdings Corp is a vertically integrated multi-state cannabis operator in the United States. The Company has two reportable segments: (i) cultivation (wholesale) and (ii) retail. The company's consumer brands include Encore, Avexia, MUV, Savvy, BITS and Verano. The company's retail dispensaries operate under brands including Zen Leaf and MUV. The company derives its revenues from Retail segment.

Executives

James Angelo Leventis	officer: See Remarks	224 WEST HILL STREET, SUITE 400, CHICAGO IL 60610
Josh Heine	officer: VP, Corporate Controller	224 W HILL STREET, SUITE 400, CHICAGO IL 60610
Brett Andrew Summerer	officer: Chief Financial Officer	6301 S COUNTY LINE ROAD, BURR RIDGE IL 60527
John Allen Tipton	director, officer: See Remarks	6210 GLEN ABBEY LANE, BRADENTON FL 34202
Lawrence Randall Hirsh	director	4694 CARLTON DUNES DRIVE, UNIT 10, FERNANDINA BEACH FL 32034
Destiny Lynn Thompson	officer: Chief People Officer	1837 WEST IOWA, UNIT 2, CHICAGO IL 60622
Cristina Maria Nunez	director	1301 NE 101 STREET, MIAMI SHORES FL 33138
Mcdermott Edward Aloysious Iii	officer: Chief Operating Officer	905 REED COURT, LAKEWOOD CO 80214
Darren Henry Weiss	officer: President	3507 ROUND HOLLOW RD, PIKESVILLE MD 21208
Aaron Nathaniel Miles	officer: Chief Investment Officer	850 N MILWAUKEE AVE, APT 302, CHICAGO IL 60642
George Peter Archos	director, 10 percent owner, officer: Chief Executive Officer	415 N DEARBORN ST, STE 400, CHICAGO IL 60654
Laura Marie Kalesnik	officer: See Remarks	6223 ROYAL CREST DRIVE, DALLAS TX 75230
Frederick Charles Mueller	director	C/O VERANO HOLDINGS CORP., 415 NORTH DEARBORN STREET 4TH FLOOR, CHICAGO IL 60654
Richard C Tarapchak	officer: Corporate Controller	4201 WINFIELD ROAD, WARRENVILLE IL 60555
Richard Michael Smullen	director	16427 DAYSAILOR TRAIL, LAKEWOOD RANCH FL 34202