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

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What is Indigenous Bloom Hemp Days Payable?

Indigenous Bloom Hemp's average Accounts Payable for the three months ended in Feb. 2023 was C$1.02 Mil. Indigenous Bloom Hemp's Cost of Goods Sold for the three months ended in Feb. 2023 was C$0.00 Mil.

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

XCNQ:IBH's Days Payable is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 87.765
* Ranked among companies with meaningful Days Payable only.

Indigenous Bloom Hemp's Days Payable declined from Nov. 2021 (16,826.50) to Feb. 2023 (0.00). It may suggest that Indigenous Bloom Hemp accelerated paying its suppliers.

Indigenous Bloom Hemp Days Payable Historical Data

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.

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Indigenous Bloom Hemp Days Payable Chart

Indigenous Bloom Hemp Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

May22

Days Payable

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1,569.91

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															16,826.50	7,873.57	653.54	43,708.75	-

Competitive Comparison of Indigenous Bloom Hemp's Days Payable

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's Days Payable Distribution in the 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.

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
=	( (0.581	+	0.933)	/	2 )	/	0.176	*	365
=	0.757					/	0.176	*	365
=	1,569.91

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
=	( (0.983	+	1.059)	/	2 )	/	0	*	365 / 4
=	1.021					/	0	*	365 / 4
=	N/A

Indigenous Bloom Hemp Days Payable Related Terms

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Indigenous Bloom Hemp (XCNQ:IBH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Indigenous Bloom Hemp Corp (XCNQ:IBH) » Definitions » Days Payable

Comparable Companies

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VRTHF:USA

Address

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. It is engaged in the farming and cultivation of hemp biomass for third-party processing to extract cannabidiol (CBD) oils, distillate or isolate. The resulting solution can then be used for the production of many CBD products.

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