Irwin Naturals (XCNQ:IWIN) Days Payable : 79.98 (As of Sep. 2023)

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What is Irwin Naturals Days Payable?

Irwin Naturals's average Accounts Payable for the three months ended in Sep. 2023 was C$13.4 Mil. Irwin Naturals's Cost of Goods Sold for the three months ended in Sep. 2023 was C$15.2 Mil. Hence, Irwin Naturals's Days Payable for the three months ended in Sep. 2023 was 79.98.

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

XCNQ:IWIN' s Days Payable Range Over the Past 10 Years
Min: 24.28 Med: 31.3 Max: 66.14
Current: 66.14

During the past 3 years, Irwin Naturals's highest Days Payable was 66.14. The lowest was 24.28. And the median was 31.30.

XCNQ:IWIN's Days Payable is ranked better than
51.94% of 593 companies
in the Healthcare Providers & Services industry
Industry Median: 62.91 vs XCNQ:IWIN: 66.14

Irwin Naturals's Days Payable increased from Sep. 2022 (60.09) to Sep. 2023 (79.98). It may suggest that Irwin Naturals delayed paying its suppliers.

Irwin Naturals Days Payable Historical Data

The historical data trend for Irwin Naturals'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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Irwin Naturals Days Payable Chart

Irwin Naturals Annual Data

Trend

Dec20

Dec21

Dec22

Days Payable

24.28

31.30

52.01

Irwin Naturals Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial									60.09	56.62	61.30	69.05	79.98

Competitive Comparison of Irwin Naturals's Days Payable

For the Pharmaceutical Retailers subindustry, Irwin Naturals'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.

Irwin Naturals's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Irwin Naturals's Days Payable distribution charts can be found below:

* The bar in red indicates where Irwin Naturals's Days Payable falls into.

Irwin Naturals 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.

Irwin Naturals's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (7.712	+	11.152)	/	2 )	/	66.194	*	365
=	9.432					/	66.194	*	365
=	52.01

Irwin Naturals's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (14.814	+	11.918)	/	2 )	/	15.249	*	365 / 4
=	13.366					/	15.249	*	365 / 4
=	79.98

Irwin Naturals Days Payable Related Terms

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Irwin Naturals (XCNQ:IWIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Irwin Naturals Inc (XCNQ:IWIN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

IWINF:USA

Address

5310 Beethoven Street, Los Angeles, CA, USA, 90066

Website

https://www.irwinnaturals.com

Irwin Naturals Inc develops vitamins and other health supplements and distributes these products in the United States and Canada through two main channels: health food stores and mass market retailers. The company has three operating segments namely Products; Clinics and Corporate. It generates maximum revenue from the Products segment.

Irwin Naturals (XCNQ:IWIN) Headlines

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