Emergence Global Enterprises (XCNQ:EMRG) Days Payable: 63.20 (As of Jul. 2022)

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What is Emergence Global Enterprises Days Payable?

Emergence Global Enterprises XCNQ:EMRG Days Payable is 63.20 as of Jul. 2022.

Emergence Global Enterprises's average Accounts Payable for the three months ended in Jul. 2022 was C$0.58 Mil. Emergence Global Enterprises's Cost of Goods Sold for the three months ended in Jul. 2022 was C$0.84 Mil. Hence, Emergence Global Enterprises's Days Payable for the three months ended in Jul. 2022 was 63.20.

The historical rank and industry rank for Emergence Global Enterprises's Days Payable or its related term are showing as below:

XCNQ:EMRG's Days Payable is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 43.93
* Ranked among companies with meaningful Days Payable only.

Emergence Global Enterprises's Days Payable declined from Jul. 2021 (119.68) to Jul. 2022 (63.20). It may suggest that Emergence Global Enterprises accelerated paying its suppliers.


Emergence Global Enterprises Days Payable Historical Data

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The historical data trend for Emergence Global Enterprises'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.

Emergence Global Enterprises Days Payable Chart

Emergence Global Enterprises Annual Data
Trend Apr12 Apr13 Apr14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 74.61

Emergence Global Enterprises Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
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 119.68 67.87 82.81 336.98 63.20

XCNQ:EMRG vs KHC, GIS, HRL: Days Payable Comparison

For the Packaged Foods subindustry, Emergence Global Enterprises'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.


Emergence Global Enterprises Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Emergence Global Enterprises's Days Payable distribution charts can be found below:

* The bar in red indicates where Emergence Global Enterprises's Days Payable falls into.



Emergence Global Enterprises 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.

Emergence Global Enterprises's Days Payable for the fiscal year that ended in Oct. 2021 is calculated as

Days Payable (A: Oct. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Oct. 2020 ) + Accounts Payable (A: Oct. 2021 )) / count ) / Cost of Goods Sold (A: Oct. 2021 )*Days in Period
=( (0.313 + 0.418) / 2 ) / 1.788*365
=0.3655 / 1.788*365
=74.61

Emergence Global Enterprises's Days Payable for the quarter that ended in Jul. 2022 is calculated as:

Days Payable (Q: Jul. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Apr. 2022 ) + Accounts Payable (Q: Jul. 2022 )) / count ) / Cost of Goods Sold (Q: Jul. 2022 )*Days in Period
=( (0.514 + 0.644) / 2 ) / 0.836*365 / 4
=0.579 / 0.836*365 / 4
=63.20

* 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 63.20 mean?
Emergence Global Enterprises (XCNQ:EMRG) has a Days Payable of 63.20 as of Jul. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Emergence Global Enterprises and its competitors.
Is Emergence Global Enterprises' Days Payable too high?
Emergence Global Enterprises' current Days Payable is 63.20. The Consumer Packaged Goods industry median Days Payable is 43.93. Emergence Global Enterprises' value of 63.20 is 43.9% above this industry median.
How does Emergence Global Enterprises' Days Payable compare to KHC and GIS?
Emergence Global Enterprises' Days Payable of 63.20 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Payable is 43.93. Emergence Global Enterprises' value of 63.20 is 43.9% 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 43.93, based on 1,893 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. Emergence Global Enterprises's current Days Payable of 63.20 is 43.9% 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 Emergence Global Enterprises and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 43.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emergence Global Enterprises's current Days Payable is 63.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emergence Global Enterprises stock overvalued right now?
Emergence Global Enterprises (XCNQ:EMRG) has a current Days Payable of 63.20. The current Days Payable is 63.20 and 43.9% above the Consumer Packaged Goods industry median of 43.93. 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 Emergence Global Enterprises (XCNQ:EMRG), the current Days Payable is 63.20 as of Jul. 2022. 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.

Emergence Global Enterprises Business Description

Address 14 Centre Street, Essex, ON, CAN, N8M 1N9
Emergence Global Enterprises Inc is engaged in the business activity of acquiring, creating and building reputable consumer brands using innovation, integrated platforms and full traceability for the health food marketplace. Business is organized into segments being; Nature and Alternative, Health and wellness, Fitness and nutrition and Product Development. Revenue consists of income from the sales of sports nutrition and health products to distributors and retailers.