Little Green Pharma (ASX:LGP) Days Payable : 62.91 (As of Sep. 2023)

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What is Little Green Pharma Days Payable?

Little Green Pharma's average Accounts Payable for the six months ended in Sep. 2023 was A$2.56 Mil. Little Green Pharma's Cost of Goods Sold for the six months ended in Sep. 2023 was A$7.43 Mil. Hence, Little Green Pharma's Days Payable for the six months ended in Sep. 2023 was 62.91.

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

ASX:LGP' s Days Payable Range Over the Past 10 Years
Min: 69.49 Med: 373.77 Max: 482.73
Current: 125.82

During the past 4 years, Little Green Pharma's highest Days Payable was 482.73. The lowest was 69.49. And the median was 373.77.

ASX:LGP's Days Payable is ranked better than
67.45% of 974 companies
in the Drug Manufacturers industry
Industry Median: 89.345 vs ASX:LGP: 125.82

Little Green Pharma's Days Payable declined from Dec. 2021 (197.80) to Sep. 2023 (62.91). It may suggest that Little Green Pharma accelerated paying its suppliers.

Little Green Pharma Days Payable Historical Data

The historical data trend for Little Green 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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Little Green Pharma Days Payable Chart

Little Green Pharma Annual Data

Trend

Jun19

Jun20

Jun21

Mar23

Days Payable

482.73

373.77

69.49

Little Green Pharma Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial			231.87	-	197.80	-	62.91

Competitive Comparison of Little Green Pharma's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Little Green 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.

Little Green Pharma's Days Payable Distribution in the Drug Manufacturers Industry

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

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

Little Green 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.

Little Green Pharma's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2021 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (1.042	+	1.848)	/	2 )	/	7.59	*	365
=	1.445					/	7.59	*	365
=	69.49

Little Green Pharma'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: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (1.848	+	3.277)	/	2 )	/	7.434	*	365 / 2
=	2.5625					/	7.434	*	365 / 2
=	62.91

Little Green Pharma Days Payable Related Terms

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Little Green Pharma (ASX:LGP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Little Green Pharma Ltd (ASX:LGP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

66 Kings Park Road, Level 2, Suite 2, West Perth, Perth, WA, AUS, 6005

Website

https://www.littlegreenpharma.com

Little Green Pharma Ltd is engaged in the vertically integrated medicinal cannabis business. The business activities of the company include cultivation, production, research and development, manufacturing, and distribution of medicinal cannabis products. The company's two key types of products available at Little Green Pharma are oils (which are ingested) and flowers (which are usually inhaled through vaporizing). The company offers LGP-branded medicinal cannabis oil products in the Australian and European markets.

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