Nabati Foods Global (XCNQ:MEAL) Days Payable : 0.00 (As of Sep. 2023)

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What is Nabati Foods Global Days Payable?

Nabati Foods Global's average Accounts Payable for the three months ended in Sep. 2023 was C$2.66 Mil. Nabati Foods Global's Cost of Goods Sold for the three months ended in Sep. 2023 was C$0.00 Mil.

The historical rank and industry rank for Nabati Foods Global's Days Payable or its related term are showing as below:

XCNQ:MEAL' s Days Payable Range Over the Past 10 Years
Min: 84.04 Med: 201.22 Max: 241940.25
Current: 241940.25

During the past 3 years, Nabati Foods Global's highest Days Payable was 241940.25. The lowest was 84.04. And the median was 201.22.

XCNQ:MEAL's Days Payable is ranked better than
99.94% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 45.795 vs XCNQ:MEAL: 241940.25

Nabati Foods Global's Days Payable stayed the same from Sep. 2022 (0.00) to Sep. 2023 (0.00). stayed the same

Nabati Foods Global Days Payable Historical Data

The historical data trend for Nabati Foods Global'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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Nabati Foods Global Days Payable Chart

Nabati Foods Global Annual Data

Trend

Dec20

Dec21

Dec22

Days Payable

201.22

84.04

1,926.05

Nabati Foods Global Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial								-	60,920.78	-	-	-

Competitive Comparison of Nabati Foods Global's Days Payable

For the Packaged Foods subindustry, Nabati Foods Global'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.

Nabati Foods Global's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nabati Foods Global's Days Payable distribution charts can be found below:

* The bar in red indicates where Nabati Foods Global's Days Payable falls into.

Nabati Foods Global 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.

Nabati Foods Global's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (1.867	+	2.555)	/	2 )	/	0.419	*	365
=	2.211					/	0.419	*	365
=	1,926.05

Nabati Foods Global's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (2.653	+	2.676)	/	2 )	/	0	*	365 / 4
=	2.6645					/	0	*	365 / 4
=	N/A

Nabati Foods Global Days Payable Related Terms

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Nabati Foods Global (XCNQ:MEAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nabati Foods Global Inc (XCNQ:MEAL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

7UW:Germany

Address

1570 - 505 Burrard Street, Vancouver, BC, CAN, V7X 1M5

Website

https://www.nabati.ca

Nabati Foods Global Inc is an plant-based food technology company that designs, develops, produces, distributes and sells a variety of plant-based meat and other food alternatives.

Nabati Foods Global (XCNQ:MEAL) Headlines

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