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Algernon Pharmaceuticals (XTER:BTI) Days Payable : 0.00 (As of May. 2024)


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What is Algernon Pharmaceuticals Days Payable?

Algernon Pharmaceuticals's average Accounts Payable for the three months ended in May. 2024 was €1.69 Mil. Algernon Pharmaceuticals's Cost of Goods Sold for the three months ended in May. 2024 was €0.00 Mil.

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

XTER:BTI's Days Payable is not ranked *
in the Biotechnology industry.
Industry Median: 135.18
* Ranked among companies with meaningful Days Payable only.

Algernon Pharmaceuticals's Days Payable stayed the same from May. 2023 (0.00) to May. 2024 (0.00). stayed the same


Algernon Pharmaceuticals Days Payable Historical Data

The historical data trend for Algernon Pharmaceuticals'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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Algernon Pharmaceuticals Days Payable Chart

Algernon Pharmaceuticals Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Days Payable
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Algernon Pharmaceuticals Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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Competitive Comparison of Algernon Pharmaceuticals's Days Payable

For the Biotechnology subindustry, Algernon Pharmaceuticals'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.


Algernon Pharmaceuticals's Days Payable Distribution in the Biotechnology Industry

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

* The bar in red indicates where Algernon Pharmaceuticals's Days Payable falls into.



Algernon Pharmaceuticals 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.

Algernon Pharmaceuticals's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

Days Payable (A: Aug. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2022 ) + Accounts Payable (A: Aug. 2023 )) / count ) / Cost of Goods Sold (A: Aug. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Algernon Pharmaceuticals's Days Payable for the quarter that ended in May. 2024 is calculated as:

Days Payable (Q: May. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Feb. 2024 ) + Accounts Payable (Q: May. 2024 )) / count ) / Cost of Goods Sold (Q: May. 2024 )*Days in Period
=( (2.181 + 1.191) / 2 ) / 0*365 / 4
=1.686 / 0*365 / 4
=N/A

* 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.


Algernon Pharmaceuticals Days Payable Related Terms

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Algernon Pharmaceuticals Business Description

Traded in Other Exchanges
Address
601 West Broadway, Suite 400, Vancouver, BC, CAN, V5Z 4C2
Algernon Pharmaceuticals Inc is a clinical-stage drug development company focused on the disease areas of stroke, idiopathic pulmonary fibrosis and chronic cough. The company's business model is capital efficient and strives to deliver maximum shareholder value. Algernon's approach to drug discovery is based on the concept of drug repurposing. It operates in two reportable segments: the development of repurposed therapeutic drugs in Canada, and the facilitation of the Company's drug candidates into off-label phase II clinical trials (humans) in Australia.