Aequus Pharmaceuticals (Aequus Pharmaceuticals) Days Payable : 1,593.37 (As of Mar. 2024)

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What is Aequus Pharmaceuticals Days Payable?

Aequus Pharmaceuticals's average Accounts Payable for the three months ended in Mar. 2024 was $0.23 Mil. Aequus Pharmaceuticals's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.01 Mil. Hence, Aequus Pharmaceuticals's Days Payable for the three months ended in Mar. 2024 was 1,593.37.

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

AQSZF' s Days Payable Range Over the Past 10 Years
Min: 429.93 Med: 595.18 Max: 3137.87
Current: 3137.87

During the past 11 years, Aequus Pharmaceuticals's highest Days Payable was 3137.87. The lowest was 429.93. And the median was 595.18.

AQSZF's Days Payable is ranked better than
97.64% of 974 companies
in the Drug Manufacturers industry
Industry Median: 88.685 vs AQSZF: 3137.87

Aequus Pharmaceuticals's Days Payable increased from Dec. 2022 (170.26) to Mar. 2024 (1,593.37). It may suggest that Aequus Pharmaceuticals delayed paying its suppliers.

Aequus Pharmaceuticals Days Payable Historical Data

The historical data trend for Aequus 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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Aequus Pharmaceuticals Days Payable Chart

Aequus Pharmaceuticals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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1,377.05

445.58

591.48

Aequus Pharmaceuticals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															170.26	211.83	4,186.09	2,368.35	1,593.37

Competitive Comparison of Aequus Pharmaceuticals's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Aequus 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.

Aequus Pharmaceuticals's Days Payable Distribution in the Drug Manufacturers Industry

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

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

Aequus 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.

Aequus Pharmaceuticals'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
=	( (0.065	+	0.204)	/	2 )	/	0.083	*	365
=	0.1345					/	0.083	*	365
=	591.48

Aequus Pharmaceuticals'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
=	( (0.204	+	0.25)	/	2 )	/	0.013	*	365 / 4
=	0.227					/	0.013	*	365 / 4
=	1,593.37

Aequus Pharmaceuticals Days Payable Related Terms

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Aequus Pharmaceuticals (Aequus Pharmaceuticals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Aequus Pharmaceuticals Inc (OTCPK:AQSZF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AEQ:Germany AQS:Canada

Address

200 Granville Street, Suite 2820, Vancouver, BC, CAN, V6C 1S4

Website

https://www.aequuspharma.ca

Aequus Pharmaceuticals Inc is a Canada-based specialty pharmaceutical company. The firm's operating segments are the Commercial platform and Development pipeline. It generates a majority of its revenue from the Commercial platform segment. The Company earns revenues from the sale of dry eye products and by providing promotional services to sell third-party-owned products, namely Tacrolimus IR and Vistitan.