4Front Ventures (XCNQ:FFNT) Days Payable : 102.12 (As of Mar. 2024)

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What is 4Front Ventures Days Payable?

4Front Ventures's average Accounts Payable for the three months ended in Mar. 2024 was C$17.1 Mil. 4Front Ventures's Cost of Goods Sold for the three months ended in Mar. 2024 was C$15.3 Mil. Hence, 4Front Ventures's Days Payable for the three months ended in Mar. 2024 was 102.12.

The historical rank and industry rank for 4Front Ventures's Days Payable or its related term are showing as below:

XCNQ:FFNT' s Days Payable Range Over the Past 10 Years
Min: 22.68 Med: 46.56 Max: 124.67
Current: 80.41

During the past 13 years, 4Front Ventures's highest Days Payable was 124.67. The lowest was 22.68. And the median was 46.56.

XCNQ:FFNT's Days Payable is ranked worse than
54.84% of 972 companies
in the Drug Manufacturers industry
Industry Median: 89.29 vs XCNQ:FFNT: 80.41

4Front Ventures's Days Payable increased from Mar. 2023 (82.79) to Mar. 2024 (102.12). It may suggest that 4Front Ventures delayed paying its suppliers.

4Front Ventures Days Payable Historical Data

The historical data trend for 4Front Ventures'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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4Front Ventures Days Payable Chart

4Front Ventures Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Dec20

Dec21

Dec22

Dec23

Days Payable

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124.67

46.56

22.68

42.54

80.22

4Front Ventures Quarterly Data
	Apr19	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															82.79	58.67	88.98	85.87	102.12

Competitive Comparison of 4Front Ventures's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, 4Front Ventures'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.

4Front Ventures's Days Payable Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, 4Front Ventures's Days Payable distribution charts can be found below:

* The bar in red indicates where 4Front Ventures's Days Payable falls into.

4Front Ventures 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.

4Front Ventures'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
=	( (15.081	+	15.314)	/	2 )	/	69.15	*	365
=	15.1975					/	69.15	*	365
=	80.22

4Front Ventures'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
=	( (15.314	+	18.825)	/	2 )	/	15.253	*	365 / 4
=	17.0695					/	15.253	*	365 / 4
=	102.12

4Front Ventures Days Payable Related Terms

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4Front Ventures (XCNQ:FFNT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » 4Front Ventures Corp (XCNQ:FFNT) » Definitions » Days Payable

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FFNTF:USA

Address

5060 North 40th Street, Suite 120, Phoenix, AZ, USA, 85018

Website

https://www.4frontventures.com

4Front Ventures Corp is a Canadian-based company. It is engaged in the cultivation, processing, extracting, manufacturing, and distribution of cannabis products. It operates in two segments: THC Cannabis and CBD Wellness. The THC Cannabis segment engages in the production and cultivation of THC cannabis, manufacturing and distribution of cannabis products to own dispensaries and third-party retail customers. The CBD Wellness segment encompasses the production and sale of CBD products to third-party customers.

4Front Ventures (XCNQ:FFNT) Headlines

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