Cantourage Group SE (XTER:HIGH) Days Payable : 0.00 (As of Dec. 2023)

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What is Cantourage Group SE Days Payable?

Cantourage Group SE's average Accounts Payable for the six months ended in Dec. 2023 was €1.39 Mil. Cantourage Group SE's Cost of Goods Sold for the six months ended in Dec. 2023 was €0.00 Mil.

The historical rank and industry rank for Cantourage Group SE's Days Payable or its related term are showing as below:

During the past 5 years, Cantourage Group SE's highest Days Payable was 56.58. The lowest was 45.80. And the median was 51.19.

XTER:HIGH's Days Payable is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 86.3
* Ranked among companies with meaningful Days Payable only.

Cantourage Group SE's Days Payable stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Cantourage Group SE Days Payable Historical Data

The historical data trend for Cantourage Group SE'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.

* Premium members only.

Cantourage Group SE Days Payable Chart

Cantourage Group SE Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

56.58

45.80

32.09

Cantourage Group SE Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Cantourage Group SE's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Cantourage Group SE'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.

Cantourage Group SE's Days Payable Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Cantourage Group SE's Days Payable falls into.

Cantourage Group SE 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.

Cantourage Group SE'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
=	( (0.167	+	2.672)	/	2 )	/	16.147	*	365
=	1.4195					/	16.147	*	365
=	32.09

Cantourage Group SE's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.104	+	2.672)	/	2 )	/	0	*	365 / 2
=	1.388					/	0	*	365 / 2
=	N/A

Cantourage Group SE Days Payable Related Terms

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Cantourage Group SE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Cantourage Group SE (XTER:HIGH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HIGH:Germany

Address

Feurigstrasse 54, Berlin, DEU, 10827

Website

https://www.cantourage.com

Cantourage Group SE is a medical cannabis company. The company offers products in all relevant market segments: dried flowers, extracts, Dronabinol, and pharma-grade Cannabidiol.

Executives

Patrick Hoffmann	Supervisory Board
Dr. Florian Kainzinger	Supervisory Board
Dr. / Dr. Florian / Michael Kainzinger / Ruoff	Supervisory Board
Dr. / Dr. Florian /michael Kainzinger / Ruoff	Supervisory Board
Dr. / Herr Florian / Patrick Holzapfel / Hoffmann	Supervisory Board
Dr. Florian Holzapfel	Supervisory Board
Dr. Michael Ruoff	Supervisory Board