Kanabo Group (LSE:KNB) Days Payable : 58.88 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Kanabo Group Days Payable?

Kanabo Group's average Accounts Payable for the six months ended in Dec. 2023 was £0.13 Mil. Kanabo Group's Cost of Goods Sold for the six months ended in Dec. 2023 was £0.39 Mil. Hence, Kanabo Group's Days Payable for the six months ended in Dec. 2023 was 58.88.

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

LSE:KNB' s Days Payable Range Over the Past 10 Years
Min: 64.59 Med: 128.38 Max: 224.62
Current: 64.59

During the past 7 years, Kanabo Group's highest Days Payable was 224.62. The lowest was 64.59. And the median was 128.38.

LSE:KNB's Days Payable is ranked better than
51.18% of 592 companies
in the Healthcare Providers & Services industry
Industry Median: 62.1 vs LSE:KNB: 64.59

Kanabo Group's Days Payable declined from Dec. 2022 (105.32) to Dec. 2023 (58.88). It may suggest that Kanabo Group accelerated paying its suppliers.

Kanabo Group Days Payable Historical Data

The historical data trend for Kanabo Group'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.

* Premium members only.

Kanabo Group Days Payable Chart

Kanabo Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

224.62

168.67

88.09

75.78

Kanabo Group Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial								145.61	109.38	105.32	59.12	58.88

Competitive Comparison of Kanabo Group's Days Payable

For the Medical Care Facilities subindustry, Kanabo Group'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.

Kanabo Group's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Kanabo Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Kanabo Group's Days Payable falls into.

Kanabo Group 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.

Kanabo Group'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
=	( (0.153	+	0.163)	/	2 )	/	0.761	*	365
=	0.158					/	0.761	*	365
=	75.78

Kanabo Group's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.088	+	0.163)	/	2 )	/	0.389	*	365 / 2
=	0.1255					/	0.389	*	365 / 2
=	58.88

Kanabo Group Days Payable Related Terms

Thank you for viewing the detailed overview of Kanabo Group's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Kanabo Group (LSE:KNB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Kanabo Group PLC (LSE:KNB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

3WD:Germany

Address

137-139 Brent Street, Churchill House, London, GBR, NW4 4DJ

Website

https://www.kanabogroup.com

Kanabo Group PLC is a research and development company engaged in selling a range of THC-Free retail CBD products in the markets and it is in the process of developing medical cannabis products. Its reportable segments include Primary Care and Secondary Care. The Primary Care segment includes Tele pharma services provided by GPS and The Secondary Care segment includes the development and distribution of cannabis-derived medical and wellness products. Geographically company has a presence in the United Kingdom, Israel, and others.

Kanabo Group (LSE:KNB) Headlines

No Headlines