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Gaia Grow (XCNQ:GAIA) Days Payable : 627.34 (As of Sep. 2022)


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What is Gaia Grow Days Payable?

Gaia Grow's average Accounts Payable for the three months ended in Sep. 2022 was C$0.33 Mil. Gaia Grow's Cost of Goods Sold for the three months ended in Sep. 2022 was C$0.05 Mil. Hence, Gaia Grow's Days Payable for the three months ended in Sep. 2022 was 627.34.

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

XCNQ:GAIA's Days Payable is not ranked *
in the Drug Manufacturers industry.
Industry Median: 88.69
* Ranked among companies with meaningful Days Payable only.

Gaia Grow's Days Payable increased from Sep. 2021 (0.00) to Sep. 2022 (627.34). It may suggest that Gaia Grow delayed paying its suppliers.


Gaia Grow Days Payable Historical Data

The historical data trend for Gaia Grow'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.

Gaia Grow Days Payable Chart

Gaia Grow Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Dec20 Dec21
Days Payable
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Gaia Grow Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 - - - 914.19 627.34

Competitive Comparison of Gaia Grow's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Gaia Grow'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.


Gaia Grow's Days Payable Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Gaia Grow's Days Payable falls into.



Gaia Grow 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.

Gaia Grow's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (0.047 + 0.269) / 2 ) / 0*365
=0.158 / 0*365
=N/A

Gaia Grow's Days Payable for the quarter that ended in Sep. 2022 is calculated as:

Days Payable (Q: Sep. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2022 ) + Accounts Payable (Q: Sep. 2022 )) / count ) / Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=( (0.254 + 0.406) / 2 ) / 0.048*365 / 4
=0.33 / 0.048*365 / 4
=627.34

* 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.


Gaia Grow Days Payable Related Terms

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Gaia Grow (XCNQ:GAIA) Business Description

Traded in Other Exchanges
N/A
Address
595 Howe Street, 10th Floor, Vancouver, BC, CAN
Gaia Grow Corp is a Canada based company engaged in producing hemp. Its main business focus is farming Industrial Hemp for Medical Purposes.
Executives
Frederick Pels Director