VRTHF (Indigenous Bloom Hemp) Days Payable: 0.00 (As of Feb. 2023)

What is Indigenous Bloom Hemp Days Payable?

Indigenous Bloom Hemp VRTHF -99.93% Days Payable is 0.00 as of Feb. 2023.

Indigenous Bloom Hemp's average Accounts Payable for the three months ended in Feb. 2023 was $0.77 Mil. Indigenous Bloom Hemp's Cost of Goods Sold for the three months ended in Feb. 2023 was $0.00 Mil.

The historical rank and industry rank for Indigenous Bloom Hemp's Days Payable or its related term are showing as below:

VRTHF's Days Payable is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 90.98
* Ranked among companies with meaningful Days Payable only.

Indigenous Bloom Hemp's Days Payable declined from Nov. 2021 (16,755.78) to Feb. 2023 (0.00). It may suggest that Indigenous Bloom Hemp accelerated paying its suppliers.

Indigenous Bloom Hemp Days Payable Related Terms

Indigenous Bloom Hemp Days Payable Historical Data

* Premium members only.

The historical data trend for Indigenous Bloom Hemp'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.

Indigenous Bloom Hemp Days Payable Chart

Indigenous Bloom Hemp Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

May22

Days Payable

Get a 7-Day Free Trial

0.00

1,586.55

Indigenous Bloom Hemp Quarterly Data
	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Nov21	Feb22	May22	Aug22	Feb23
Days Payable	Get a 7-Day Free Trial															16,755.78	7,930.45	656.52	33,922.19	0.00

VRTHF vs ZTS: Days Payable Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Indigenous Bloom Hemp'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.

Indigenous Bloom Hemp Days Payable vs Drug Manufacturers Industry

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

* The bar in red indicates where Indigenous Bloom Hemp's Days Payable falls into.

Save Embed

Indigenous Bloom Hemp 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.

Indigenous Bloom Hemp's Days Payable for the fiscal year that ended in May. 2022 is calculated as

	Days Payable (A: May. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Apr. 2021 )	+	Accounts Payable (A: May. 2022 ))	/	count )	/	Cost of Goods Sold (A: May. 2022 )	*	Days in Period
=	( (0.465	+	0.726)	/	2 )	/	0.137	*	365
=	0.5955					/	0.137	*	365
=	1,586.55

Indigenous Bloom Hemp's Days Payable for the quarter that ended in Feb. 2023 is calculated as:

	Days Payable (Q: Feb. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2022 )	+	Accounts Payable (Q: Feb. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2023 )	*	Days in Period
=	( (0.761	+	0.787)	/	2 )	/	0	*	365 / 4
=	0.774					/	0	*	365 / 4
=	N/A

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 0.00 mean?

Indigenous Bloom Hemp (VRTHF) has a Days Payable of 0.00 as of Feb. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Indigenous Bloom Hemp and its competitors.

Is Indigenous Bloom Hemp's Days Payable too high?

Indigenous Bloom Hemp's current Days Payable is 0.00.

How does Indigenous Bloom Hemp's Days Payable compare to ZTS?

Indigenous Bloom Hemp's Days Payable of 0.00 can be compared against companies in the Drug Manufacturers industry. The industry median Days Payable is 90.98. 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 90.98, based on 923 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 Indigenous Bloom Hemp and its competitors. For the Drug Manufacturers industry, the median Days Payable is 90.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indigenous Bloom Hemp'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 Indigenous Bloom Hemp stock overvalued right now?

Indigenous Bloom Hemp (VRTHF) 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 Indigenous Bloom Hemp (VRTHF), the current Days Payable is 0.00 as of Feb. 2023. 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.

Indigenous Bloom Hemp Business Description

Industry Healthcare Drug Manufacturers

Comparable Companies XCNQ:MJ XCNQ:PLNT.X XCNQ:OVAT XCNQ:GSL XCNQ:BIO TSXV:NU XCNQ:SE XCNQ:XCX XCNQ:MJRX XCNQ:MGW ZTS XTER:MRK TSE:4502 LSE:HLN NSE:SUNPHARMA TSE:4523 TSE:4507 SZSE:000538 XSWX:SDZ HKSE:03692

Address c/o 3200 650 West Georgia Street, Vancouver, BC, CAN, V6B 4P7

Website https://www.indigenousbloomcorporate.com

Indigenous Bloom Hemp Corp is in business to produce and sell hemp extracts.