Chalice Brands (XCNQ:CHAL) Days Payable : 84.27 (As of Sep. 2021)

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What is Chalice Brands Days Payable?

Chalice Brands's average Accounts Payable for the three months ended in Sep. 2021 was C$5.13 Mil. Chalice Brands's Cost of Goods Sold for the three months ended in Sep. 2021 was C$5.55 Mil. Hence, Chalice Brands's Days Payable for the three months ended in Sep. 2021 was 84.27.

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

XCNQ:CHAL's Days Payable is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 84.7
* Ranked among companies with meaningful Days Payable only.

Chalice Brands's Days Payable increased from Sep. 2020 (63.60) to Sep. 2021 (84.27). It may suggest that Chalice Brands delayed paying its suppliers.

Chalice Brands Days Payable Historical Data

The historical data trend for Chalice 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.

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Chalice Brands Days Payable Chart

Chalice Brands Annual Data

Trend

Mar14

Mar15

Dec16

Dec17

Dec18

Dec19

Dec20

Days Payable

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78.14

85.02

70.96

67.70

60.38

Chalice Brands Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Days Payable	Get a 7-Day Free Trial															63.60	78.32	107.78	95.19	84.27

Competitive Comparison of Chalice Brands's Days Payable

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

Chalice Brands's Days Payable Distribution in the Drug Manufacturers Industry

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

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

Chalice 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.

Chalice 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
=	( (2.061	+	4.36)	/	2 )	/	19.407	*	365
=	3.2105					/	19.407	*	365
=	60.38

Chalice 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
=	( (5.096	+	5.157)	/	2 )	/	5.551	*	365 / 4
=	5.1265					/	5.551	*	365 / 4
=	84.27

Chalice Brands Days Payable Related Terms

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Chalice Brands Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Chalice Brands Ltd (XCNQ:CHAL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

82 Richmond Street East, Toronto, ON, CAN, M5C 1P1

Website

https://www.chalicebrandsltd.com

Chalice Brands Ltd is a premier consumer-driven cannabis company specializing in production, processing, wholesale, distribution and retail, with twelve dispensaries owned and four dispensaries under management in Oregon. The company is committed to developing a dynamic portfolio built around the recognized brands of Chalice Farms, with a focus on health and wellness. It operates nationally through Fifth & Root and has operations in Oregon and California.

Executives

Karl Rickard Jr. Miller	Director
John Varghese	Director, Senior Officer
Richard G. Carl	Director
Andrew Charles Marchington	Senior Officer

Chalice Brands Headlines

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