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Ambari Brands (XCNQ:AMB) Days Payable : 1,934.50 (As of Sep. 2023)


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What is Ambari Brands Days Payable?

Ambari Brands's average Accounts Payable for the three months ended in Sep. 2023 was C$0.11 Mil. Ambari Brands's Cost of Goods Sold for the three months ended in Sep. 2023 was C$0.01 Mil. Hence, Ambari Brands's Days Payable for the three months ended in Sep. 2023 was 1,934.50.

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

XCNQ:AMB' s Days Payable Range Over the Past 10 Years
Min: 306.06   Med: 442.72   Max: 579.37
Current: 412.39

During the past 2 years, Ambari Brands's highest Days Payable was 579.37. The lowest was 306.06. And the median was 442.72.

XCNQ:AMB's Days Payable is ranked better than
95.74% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.77 vs XCNQ:AMB: 412.39

Ambari Brands's Days Payable increased from Jun. 2022 (538.38) to Sep. 2023 (1,934.50). It may suggest that Ambari Brands delayed paying its suppliers.


Ambari Brands Days Payable Historical Data

The historical data trend for Ambari 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.

* Premium members only.

Ambari Brands Days Payable Chart

Ambari Brands Annual Data
Trend Dec21 Dec22
Days Payable
579.37 306.06

Ambari Brands Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
Days Payable Get a 7-Day Free Trial Premium Member Only 538.38 275.87 206.43 287.87 1,934.50

Competitive Comparison of Ambari Brands's Days Payable

For the Specialty Retail subindustry, Ambari 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.


Ambari Brands's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Ambari Brands's Days Payable distribution charts can be found below:

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



Ambari 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.

Ambari Brands's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0.1 + 0.17) / 2 ) / 0.161*365
=0.135 / 0.161*365
=306.06

Ambari Brands'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
=( (0.095 + 0.117) / 2 ) / 0.005*365 / 4
=0.106 / 0.005*365 / 4
=1,934.50

* 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.


Ambari Brands Days Payable Related Terms

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Ambari Brands (XCNQ:AMB) Business Description

Traded in Other Exchanges
Address
905 West Pender Street, 6th Floor, Vancouver, BC, CAN, V6C 1L6
Ambari Brands Incy is an emerging cosmetic company. It is a luxury, performance-driven skincare company, whose line of products is based on its customized Blend, which combines high levels of active ingredients, smart adaptogens, and broad-spectrum CBD. The firm has developed three core products - the Gold Profection22 Mask, the PM Active12 Serum and the Complex4 Hydrator Cream. The company's products are currently sold directly through its e-commerce platform, as well as through select luxury retailers online.

Ambari Brands (XCNQ:AMB) Headlines

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