Vext Science (XCNQ:VEXT) Days Payable : 37.87 (As of Mar. 2024)

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What is Vext Science Days Payable?

Vext Science's average Accounts Payable for the three months ended in Mar. 2024 was C$3.96 Mil. Vext Science's Cost of Goods Sold for the three months ended in Mar. 2024 was C$9.55 Mil. Hence, Vext Science's Days Payable for the three months ended in Mar. 2024 was 37.87.

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

XCNQ:VEXT' s Days Payable Range Over the Past 10 Years
Min: 7.65 Med: 10.77 Max: 44.32
Current: 32.06

During the past 7 years, Vext Science's highest Days Payable was 44.32. The lowest was 7.65. And the median was 10.77.

XCNQ:VEXT's Days Payable is ranked worse than
89.21% of 973 companies
in the Drug Manufacturers industry
Industry Median: 88.69 vs XCNQ:VEXT: 32.06

Vext Science's Days Payable increased from Mar. 2023 (29.74) to Mar. 2024 (37.87). It may suggest that Vext Science delayed paying its suppliers.

Vext Science Days Payable Historical Data

The historical data trend for Vext Science'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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Vext Science Days Payable Chart

Vext Science Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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8.06

10.77

16.36

44.32

30.15

Vext Science Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															29.74	20.49	34.72	30.78	37.87

Competitive Comparison of Vext Science's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Vext Science'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.

Vext Science's Days Payable Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Vext Science's Days Payable falls into.

Vext Science 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.

Vext Science's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (2.308	+	2.74)	/	2 )	/	30.554	*	365
=	2.524					/	30.554	*	365
=	30.15

Vext Science'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
=	( (2.74	+	5.188)	/	2 )	/	9.551	*	365 / 4
=	3.964					/	9.551	*	365 / 4
=	37.87

Vext Science Days Payable Related Terms

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Vext Science (XCNQ:VEXT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Vext Science Inc (XCNQ:VEXT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

VEXTF:USA VV5:Germany

Address

4152 N. 39th Avenue, Phoenix, AZ, USA, 85019

Website

https://www.vextscience.com

Vext Science Inc provides management, advisory, cultivation, and dispensary services to entities in the medical cannabis field. The company's expertise spans from cultivation through to retail operations. Its revenue sources include management fees, professional services, product sales, equipment leasing and property leasing.

Executives

Caroline Marie-clothilde Williams

Director

Vext Science (XCNQ:VEXT) Headlines

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