YOURF (YourWay Cannabis Brands) Days Payable: 16.04 (As of Sep. 2021)


What is YourWay Cannabis Brands Days Payable?

YourWay Cannabis Brands YOURF -90.00% Days Payable is 16.04 as of Sep. 2021.

YourWay Cannabis Brands's average Accounts Payable for the three months ended in Sep. 2021 was $1.94 Mil. YourWay Cannabis Brands's Cost of Goods Sold for the three months ended in Sep. 2021 was $11.01 Mil. Hence, YourWay Cannabis Brands's Days Payable for the three months ended in Sep. 2021 was 16.04.

The historical rank and industry rank for YourWay Cannabis Brands's Days Payable or its related term are showing as below:

YOURF's Days Payable is not ranked *
in the Drug Manufacturers industry.
Industry Median: 90.835
* Ranked among companies with meaningful Days Payable only.

YourWay Cannabis Brands's Days Payable declined from Sep. 2020 (17.96) to Sep. 2021 (16.04). It may suggest that YourWay Cannabis Brands accelerated paying its suppliers.

YourWay Cannabis Brands Days Payable Historical Data

* Premium members only.

The historical data trend for YourWay Cannabis Brands'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.

YourWay Cannabis Brands Days Payable Chart

YourWay Cannabis Brands Annual Data
Trend Dec19 Dec20
Days Payable
84.97 19.20

YourWay Cannabis Brands Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Days Payable Get a 7-Day Free Trial Premium Member Only 17.96 17.75 15.29 18.14 16.04

YOURF vs ZTS, CTLT, VTRS: Days Payable Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, YourWay Cannabis Brands'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.

YourWay Cannabis Brands Days Payable vs Drug Manufacturers Industry

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

* The bar in red indicates where YourWay Cannabis Brands's Days Payable falls into.


YourWay Cannabis Brands 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.

YourWay Cannabis Brands's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

Days Payable (A: Dec. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2019 ) + Accounts Payable (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (0.274 + 2.613) / 2 ) / 27.446*365
=1.4435 / 27.446*365
=19.20

YourWay Cannabis Brands's Days Payable for the quarter that ended in Sep. 2021 is calculated as:

Days Payable (Q: Sep. 2021 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2021 ) + Accounts Payable (Q: Sep. 2021 )) / count ) / Cost of Goods Sold (Q: Sep. 2021 )*Days in Period
=( (1.354 + 2.516) / 2 ) / 11.005*365 / 4
=1.935 / 11.005*365 / 4
=16.04

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 16.04 mean?
YourWay Cannabis Brands (YOURF) has a Days Payable of 16.04 as of Sep. 2021. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on YourWay Cannabis Brands and its competitors.
Is YourWay Cannabis Brands' Days Payable too high?
YourWay Cannabis Brands' current Days Payable is 16.04. The Drug Manufacturers industry median Days Payable is 90.84. YourWay Cannabis Brands' value of 16.04 is 82.3% below this industry median.
How does YourWay Cannabis Brands' Days Payable compare to ZTS and CTLT?
YourWay Cannabis Brands' Days Payable of 16.04 can be compared against companies in the Drug Manufacturers industry. The industry median Days Payable is 90.84. YourWay Cannabis Brands' value of 16.04 is 82.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Drug Manufacturers company?
The median Days Payable among Drug Manufacturers companies is 90.84, based on 920 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. YourWay Cannabis Brands's current Days Payable of 16.04 is 82.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on YourWay Cannabis Brands and its competitors. For the Drug Manufacturers industry, the median Days Payable is 90.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. YourWay Cannabis Brands's current Days Payable is 16.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is YourWay Cannabis Brands stock overvalued right now?
YourWay Cannabis Brands (YOURF) has a current Days Payable of 16.04. The current Days Payable is 16.04 and 82.3% below the Drug Manufacturers industry median of 90.84. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For YourWay Cannabis Brands (YOURF), the current Days Payable is 16.04 as of Sep. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

YourWay Cannabis Brands Business Description

Address 885 W Georgia Street, Suite 2200, Vancouver, BC, CAN, V6C 3E8
YourWay Cannabis Brands Inc is a multi-state operator with sales and operations in Arizona and California. Through building own brands, partnering with others, and providing white-labelled product, company is dedicated towards expanding the reach; remolding the cannabis industry and ultimately, redefining the way consumers and cannabis brands interact.