Doseology Sciences (XCNQ:MOOD) Days Payable : 12.17 (As of Mar. 2024)

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What is Doseology Sciences Days Payable?

Doseology Sciences's average Accounts Payable for the three months ended in Mar. 2024 was C$0.00 Mil. Doseology Sciences's Cost of Goods Sold for the three months ended in Mar. 2024 was C$0.03 Mil. Hence, Doseology Sciences's Days Payable for the three months ended in Mar. 2024 was 12.17.

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

XCNQ:MOOD' s Days Payable Range Over the Past 10 Years
Min: 169.15 Med: 5194.58 Max: 10220
Current: 185.82

During the past 4 years, Doseology Sciences's highest Days Payable was 10220.00. The lowest was 169.15. And the median was 5194.58.

XCNQ:MOOD's Days Payable is ranked better than
56.45% of 721 companies
in the Biotechnology industry
Industry Median: 148.78 vs XCNQ:MOOD: 185.82

Doseology Sciences's Days Payable declined from Mar. 2023 (507.58) to Mar. 2024 (12.17). It may suggest that Doseology Sciences accelerated paying its suppliers.

Doseology Sciences Days Payable Historical Data

The historical data trend for Doseology Sciences'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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Doseology Sciences Days Payable Chart

Doseology Sciences Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Days Payable

169.15

10,220.00

Doseology Sciences Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial											507.58	-	96.62	456.25	12.17

Competitive Comparison of Doseology Sciences's Days Payable

For the Biotechnology subindustry, Doseology Sciences'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.

Doseology Sciences's Days Payable Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Doseology Sciences's Days Payable distribution charts can be found below:

* The bar in red indicates where Doseology Sciences's Days Payable falls into.

Doseology Sciences 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.

Doseology Sciences's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0.091	+	0.021)	/	2 )	/	0.002	*	365
=	0.056					/	0.002	*	365
=	10,220.00

Doseology Sciences's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0.005	+	0.003)	/	2 )	/	0.03	*	365 / 4
=	0.004					/	0.03	*	365 / 4
=	12.17

Doseology Sciences Days Payable Related Terms

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Doseology Sciences (XCNQ:MOOD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Doseology Sciences Inc (XCNQ:MOOD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

DOSEF:USA

Address

116 - 5100 Anderson Way, Unit 197, Vernon, BC, CAN, V1T 0C4

Website

https://www.doseology.com

Doseology Sciences Inc is a diversified life sciences company, on a mission to reimagine mental health therapies through innovation, technology and sustainability. With a focus on the psychedelic and non-psychedelic compounds, also sale of its branded functional mushroom products. Doseology offers cutting-edge therapeutic products and services, with the aim of making a meaningful impact on the mental health pandemic and improving overall health.

Doseology Sciences (XCNQ:MOOD) Headlines

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