Body and Mind (XCNQ:BAMM) Days Payable: 115.85 (As of Apr. 2024)

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XCNQ:BAMM Body and Mind Inc XCNQ:BAMM
14 GF Score
Price C$0.03
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What is Body and Mind Days Payable?

Body and Mind XCNQ:BAMM 14 Days Payable is 115.85 as of Apr. 2024. GuruFocus rates XCNQ:BAMM with a GF Score™ of 14/100.

Body and Mind's average Accounts Payable for the three months ended in Apr. 2024 was C$4.24 Mil. Body and Mind's Cost of Goods Sold for the three months ended in Apr. 2024 was C$3.34 Mil. Hence, Body and Mind's Days Payable for the three months ended in Apr. 2024 was 115.85.

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

XCNQ:BAMM's Days Payable is not ranked *
in the Drug Manufacturers industry.
Industry Median: 89.79
* Ranked among companies with meaningful Days Payable only.

Body and Mind's Days Payable declined from Apr. 2023 (132.55) to Apr. 2024 (115.85). It may suggest that Body and Mind accelerated paying its suppliers.


Body and Mind Days Payable Historical Data

* Premium members only.

The historical data trend for Body and Mind'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.

Body and Mind Days Payable Chart

Body and Mind Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 92.04 82.32 30.58 43.72 52.49

Body and Mind Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 132.55 33.03 76.28 114.10 115.85

XCNQ:BAMM vs AKAN, OWPC, PTPI: Days Payable Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Body and Mind'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.


Body and Mind Days Payable vs Drug Manufacturers Industry

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

* The bar in red indicates where Body and Mind's Days Payable falls into.


XCNQ:BAMM
14GF Score
Body and Mind Inc XCNQ:BAMM
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Body and Mind 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.

Body and Mind's Days Payable for the fiscal year that ended in Jul. 2023 is calculated as

Days Payable (A: Jul. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jul. 2022 ) + Accounts Payable (A: Jul. 2023 )) / count ) / Cost of Goods Sold (A: Jul. 2023 )*Days in Period
=( (2.823 + 3.653) / 2 ) / 22.517*365
=3.238 / 22.517*365
=52.49

Body and Mind's Days Payable for the quarter that ended in Apr. 2024 is calculated as:

Days Payable (Q: Apr. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jan. 2024 ) + Accounts Payable (Q: Apr. 2024 )) / count ) / Cost of Goods Sold (Q: Apr. 2024 )*Days in Period
=( (3.905 + 4.573) / 2 ) / 3.339*365 / 4
=4.239 / 3.339*365 / 4
=115.85

* 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 115.85 mean?
Body and Mind (XCNQ:BAMM) has a Days Payable of 115.85 as of Apr. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Body and Mind and its competitors.
Is Body and Mind's Days Payable too high?
Body and Mind's current Days Payable is 115.85. The Drug Manufacturers industry median Days Payable is 89.79. Body and Mind's value of 115.85 is 29% above this industry median. Overall, Body and Mind has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Body and Mind's Days Payable compare to AKAN and OWPC?
Body and Mind's Days Payable of 115.85 can be compared against companies in the Drug Manufacturers industry. The industry median Days Payable is 89.79. Body and Mind's value of 115.85 is 29% above this benchmark. 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 89.79, 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. Body and Mind's current Days Payable of 115.85 is 29% 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 Body and Mind and its competitors. For the Drug Manufacturers industry, the median Days Payable is 89.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Body and Mind's current Days Payable is 115.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Body and Mind stock overvalued right now?
Body and Mind (XCNQ:BAMM) has a current Days Payable of 115.85. The current Days Payable is 115.85 and 29% above the Drug Manufacturers industry median of 89.79. Body and Mind's overall GF Score™ is 14/100. 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 Body and Mind (XCNQ:BAMM), the current Days Payable is 115.85 as of Apr. 2024. 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.

Body and Mind Business Description

Address 750-1095 West Pender Street, Vancouver, BC, CAN, V6E 2M6
Body and Mind Inc is a multi-state cannabis operator, which has retail, distribution, cultivation, and/or processing operations in Nevada, California, Arkansas, Ohio and Illinois. It has developed the marquis lifestyle Body and Mind brand in Nevada with penetration into dispensaries and has expanded its brand and products to dispensaries in California. The Body and Mind brand appeals to a wide range of cannabis consumers with products including flowers, oils, extracts (wax, live resin, ambrosia), and edibles. The Company Operates in Three segments; Wholesale, Retail, and All others. The Majority of revenue is derived from the Retail segment.
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