PeakBirch Commerce (XCNQ:PKB) Days Payable : 872.94 (As of Jul. 2022)

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What is PeakBirch Commerce Days Payable?

PeakBirch Commerce's average Accounts Payable for the three months ended in Jul. 2022 was C$1.37 Mil. PeakBirch Commerce's Cost of Goods Sold for the three months ended in Jul. 2022 was C$0.14 Mil. Hence, PeakBirch Commerce's Days Payable for the three months ended in Jul. 2022 was 872.94.

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

XCNQ:PKB's Days Payable is not ranked ^*
in the Healthcare Providers & Services industry.
Industry Median: 62.12
* Ranked among companies with meaningful Days Payable only.

PeakBirch Commerce's Days Payable increased from Jul. 2021 (179.59) to Jul. 2022 (872.94). It may suggest that PeakBirch Commerce delayed paying its suppliers.

PeakBirch Commerce Days Payable Historical Data

The historical data trend for PeakBirch Commerce'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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PeakBirch Commerce Days Payable Chart

PeakBirch Commerce Annual Data

Trend

Oct20

Oct21

Days Payable

183.06

136.71

PeakBirch Commerce Quarterly Data
	Aug19	Aug20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22
Days Payable	Get a 7-Day Free Trial				179.59	-	399.71	1,001.02	872.94

Competitive Comparison of PeakBirch Commerce's Days Payable

For the Pharmaceutical Retailers subindustry, PeakBirch Commerce'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.

PeakBirch Commerce's Days Payable Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where PeakBirch Commerce's Days Payable falls into.

PeakBirch Commerce 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.

PeakBirch Commerce'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
=	( (0.812	+	1.251)	/	2 )	/	2.754	*	365
=	1.0315					/	2.754	*	365
=	136.71

PeakBirch Commerce'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
=	( (1.365	+	1.371)	/	2 )	/	0.143	*	365 / 4
=	1.368					/	0.143	*	365 / 4
=	872.94

PeakBirch Commerce Days Payable Related Terms

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PeakBirch Commerce (XCNQ:PKB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » PeakBirch Commerce Inc (XCNQ:PKB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

400, 837 West Hastings Street, Vancouver, BC, CAN, V6C 3N6

Website

https://www.peakbirch.com

PeakBirch Commerce Inc is engaged in the distribution of vaporizers and accessories for aromatherapy and other purposes. Its geographical segments include United States, Canada, and United Kingdom .