Optimind Pharma (XCNQ:OMND) Days Payable : 0.00 (As of Nov. 2023)

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What is Optimind Pharma Days Payable?

Optimind Pharma's average Accounts Payable for the three months ended in Nov. 2023 was C$0.00 Mil. Optimind Pharma's Cost of Goods Sold for the three months ended in Nov. 2023 was C$0.00 Mil.

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

XCNQ:OMND's Days Payable is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 89.29
* Ranked among companies with meaningful Days Payable only.

Optimind Pharma's Days Payable stayed the same from Nov. 2022 (0.00) to Nov. 2023 (0.00). stayed the same

Optimind Pharma Days Payable Historical Data

The historical data trend for Optimind Pharma'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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Optimind Pharma Days Payable Chart

Optimind Pharma Annual Data

Trend

Feb22

Feb23

Days Payable

Optimind Pharma Quarterly Data
	Jun21	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Days Payable	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Optimind Pharma's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Optimind Pharma'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.

Optimind Pharma's Days Payable Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Optimind Pharma's Days Payable falls into.

Optimind Pharma 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.

Optimind Pharma's Days Payable for the fiscal year that ended in Feb. 2023 is calculated as

	Days Payable (A: Feb. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2022 )	+	Accounts Payable (A: Feb. 2023 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2023 )	*	Days in Period
=	( (0.132	+	0.092)	/	2 )	/	0	*	365
=	0.112					/	0	*	365
=	N/A

Optimind Pharma's Days Payable for the quarter that ended in Nov. 2023 is calculated as:

	Days Payable (Q: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2023 )	+	Accounts Payable (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

Optimind Pharma Days Payable Related Terms

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Optimind Pharma (XCNQ:OMND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Optimind Pharma Corp (XCNQ:OMND) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3000 - 77 King Street West, TD Centre, North Tower, PO Box 95, Toronto, ON, CAN, M5K 1G8

Website

https://www.optimindpharma.com

Optimind Pharma Corp is an emerging provider of psychedelic therapies for the masses. It helps people suffering from PTSD, Anxiety, Depression, and other mental illnesses and disabilities by providing ketamine-assisted-treatment and other psychedelic-enhanced-psychotherapy modalities.

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