Trulieve Cannabis (Trulieve Cannabis) Days Payable : 40.92 (As of Mar. 2024)

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What is Trulieve Cannabis Days Payable?

Trulieve Cannabis's average Accounts Payable for the three months ended in Mar. 2024 was $56 Mil. Trulieve Cannabis's Cost of Goods Sold for the three months ended in Mar. 2024 was $124 Mil. Hence, Trulieve Cannabis's Days Payable for the three months ended in Mar. 2024 was 40.92.

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

TCNNF' s Days Payable Range Over the Past 10 Years
Min: 10.27 Med: 25.13 Max: 86.19
Current: 50.67

During the past 10 years, Trulieve Cannabis's highest Days Payable was 86.19. The lowest was 10.27. And the median was 25.13.

TCNNF's Days Payable is ranked worse than
74.02% of 974 companies
in the Drug Manufacturers industry
Industry Median: 88.68 vs TCNNF: 50.67

Trulieve Cannabis's Days Payable increased from Mar. 2023 (36.62) to Mar. 2024 (40.92). It may suggest that Trulieve Cannabis delayed paying its suppliers.

Trulieve Cannabis Days Payable Historical Data

The historical data trend for Trulieve Cannabis'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.

Trulieve Cannabis Days Payable Chart

Trulieve Cannabis Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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80.44

34.67

12.00

10.57

14.89

Trulieve Cannabis 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															36.62	54.66	55.85	39.31	40.92

Competitive Comparison of Trulieve Cannabis's Days Payable

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

Trulieve Cannabis's Days Payable Distribution in the Drug Manufacturers Industry

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

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

Trulieve Cannabis 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.

Trulieve Cannabis'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
=	( (15.857	+	28.245)	/	2 )	/	540.565	*	365
=	22.051					/	540.565	*	365
=	14.89

Trulieve Cannabis'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
=	( (28.245	+	82.799)	/	2 )	/	123.817	*	365 / 4
=	55.522					/	123.817	*	365 / 4
=	40.92

Trulieve Cannabis Days Payable Related Terms

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Trulieve Cannabis (Trulieve Cannabis) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Trulieve Cannabis Corp (OTCPK:TCNNF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

T0A:Germany TRUL:Canada

Address

6749 Ben Bostic Road, Quincy, FL, USA, 32351

Website

https://www.trulieve.com

Trulieve Cannabis Corp is a vertically integrated seed to sale and fully licensed medical marijuana company. It is mainly engaged in the cultivation, possession, use, sale, and distribution of medical cannabis.

Executives

Timothy E Mullany	officer: Chief Financial Officer	3551 PLANO PARKWAY, THE COLONY TX 75056
Ryan Blust	officer: Chief Financial Officer	6749 BEN BOSTIC ROAD, QUINCY FL 32351
Joy Malivuk	officer: Chief Accounting Officer	6749 BEN BOSTIC ROAD, QUINCY FL 32351
Peter Healy	director	C/O TRULIEVE CANNABIS CORP., 6749 BEN BOSTIC ROAD, QUINCY FL 32351
Rebecca L. Young	officer: Chief Accounting Officer	C/O TRULIEVE CANNABIS CORP., 6749 BEN BOSTIC ROAD, QUINCY FL 32351
Kim A. Rivers	director, 10 percent owner, officer: Chief Executive Officer	C/O TRULIEVE CANNABIS CORP., 6749 BEN BOSTIC ROAD, QUINCY FL 32351
Thomas L Millner	director, 10 percent owner
Thad Beshears	director, 10 percent owner	C/O TRULIEVE CANNABIS CORP., 6749 BEN BOSTIC ROAD, QUINCY FL 32351
Kyle Landrum	officer: Chief Production Officer	C/O TRULIEVE CANNABIS CORP., 6749 BEN BOSTIC ROAD, QUINCY FL 32351
Timothy Morey	officer: Chief Sales Officer	C/O TRULIEVE CANNABIS CORP., 6749 BEN BOSTIC ROAD, QUINCY FL 32351
Eric Powers	officer: GC and Corporate Secretary	C/O TRULIEVE CANNABIS CORP., 6749 BEN BOSTIC ROAD, QUINCY FL 32351
Susan Thronson	director	C/O ANGIE'S LIST, INC., 1030 E. WASHINGTON STREET, INDIANPOLIS IN 46202
Alex D'amico	officer: Chief Financial Officer	10 EAST PASSAIC AVENUE, UNIT C-2, NUTLEY NJ 07110
Giannella Alvarez	director	C/O DOMTAR CORPORATION, 234 KINGSLEY PARK DRIVE, FORT MILL SC 29715
Jane C Morreau	director