Lumiera Health (TSXV:NHP.H) Days Payable : 165.19 (As of Aug. 2023)

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What is Lumiera Health Days Payable?

Lumiera Health's average Accounts Payable for the three months ended in Aug. 2023 was C$0.11 Mil. Lumiera Health's Cost of Goods Sold for the three months ended in Aug. 2023 was C$0.06 Mil. Hence, Lumiera Health's Days Payable for the three months ended in Aug. 2023 was 165.19.

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

TSXV:NHP.H' s Days Payable Range Over the Past 10 Years
Min: 82.82 Med: 469.09 Max: 1051.27
Current: 107.95

During the past 10 years, Lumiera Health's highest Days Payable was 1051.27. The lowest was 82.82. And the median was 469.09.

TSXV:NHP.H's Days Payable is not ranked
in the Drug Manufacturers industry.
Industry Median: 88.68 vs TSXV:NHP.H: 107.95

Lumiera Health's Days Payable increased from Aug. 2022 (132.62) to Aug. 2023 (165.19). It may suggest that Lumiera Health delayed paying its suppliers.

Lumiera Health Days Payable Historical Data

The historical data trend for Lumiera Health'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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Lumiera Health Days Payable Chart

Lumiera Health Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Nov18

Nov19

Nov20

Nov21

Nov22

Days Payable

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1,051.27

469.09

82.82

Lumiera Health Quarterly Data
	Sep18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23
Days Payable	Get a 7-Day Free Trial															132.62	41.70	1,140.63	168.02	165.19

Competitive Comparison of Lumiera Health's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Lumiera Health'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.

Lumiera Health's Days Payable Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Lumiera Health's Days Payable falls into.

Lumiera Health 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.

Lumiera Health's Days Payable for the fiscal year that ended in Nov. 2022 is calculated as

	Days Payable (A: Nov. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Nov. 2021 )	+	Accounts Payable (A: Nov. 2022 ))	/	count )	/	Cost of Goods Sold (A: Nov. 2022 )	*	Days in Period
=	( (0.069	+	0.152)	/	2 )	/	0.487	*	365
=	0.1105					/	0.487	*	365
=	82.82

Lumiera Health's Days Payable for the quarter that ended in Aug. 2023 is calculated as:

	Days Payable (Q: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: May. 2023 )	+	Accounts Payable (Q: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Aug. 2023 )	*	Days in Period
=	( (0.109	+	0.101)	/	2 )	/	0.058	*	365 / 4
=	0.105					/	0.058	*	365 / 4
=	165.19

Lumiera Health Days Payable Related Terms

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

Lumiera Health (TSXV:NHP.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Lumiera Health Inc (TSXV:NHP.H) » Definitions » Days Payable

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Address

4500 Kimber, Suite 26, Saint-Hubert, QC, CAN, J3Y 8K5

Website

https://www.lumiera.ca

Lumiera Health Inc is a natural health products company. The company is developing products focusing on the endocannabinoid system and providing treatments for chronic pain and inflammation.

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