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Jushi Holdings (XCNQ:JUSH) Days Payable : 44.29 (As of Mar. 2024)


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What is Jushi Holdings Days Payable?

Jushi Holdings's average Accounts Payable for the three months ended in Mar. 2024 was C$21.8 Mil. Jushi Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was C$44.8 Mil. Hence, Jushi Holdings's Days Payable for the three months ended in Mar. 2024 was 44.29.

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

XCNQ:JUSH' s Days Payable Range Over the Past 10 Years
Min: 20.66   Med: 31.06   Max: 49.64
Current: 49.64

During the past 13 years, Jushi Holdings's highest Days Payable was 49.64. The lowest was 20.66. And the median was 31.06.

XCNQ:JUSH's Days Payable is ranked worse than
75.38% of 975 companies
in the Drug Manufacturers industry
Industry Median: 87.13 vs XCNQ:JUSH: 49.64

Jushi Holdings's Days Payable declined from Mar. 2023 (52.59) to Mar. 2024 (44.29). It may suggest that Jushi Holdings accelerated paying its suppliers.


Jushi Holdings Days Payable Historical Data

The historical data trend for Jushi Holdings'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.

Jushi Holdings Days Payable Chart

Jushi Holdings Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 31.92 20.66 30.20 44.03

Jushi Holdings Quarterly Data
Jun19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 52.59 60.06 51.46 40.41 44.29

Competitive Comparison of Jushi Holdings's Days Payable

For the Drug Manufacturers - Specialty & Generic subindustry, Jushi Holdings'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.


Jushi Holdings's Days Payable Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Jushi Holdings's Days Payable falls into.



Jushi Holdings 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.

Jushi Holdings'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
=( (28.954 + 20.638) / 2 ) / 205.556*365
=24.796 / 205.556*365
=44.03

Jushi Holdings'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
=( (20.638 + 22.893) / 2 ) / 44.843*365 / 4
=21.7655 / 44.843*365 / 4
=44.29

* 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.


Jushi Holdings Days Payable Related Terms

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Jushi Holdings (XCNQ:JUSH) Business Description

Traded in Other Exchanges
Address
301 Yamato Road, Suite 3250, Boca Raton, FL, USA, 33431
Jushi Holdings Inc is a vertically integrated multi-state cannabis and hemp operator across the United States. The company operates a diverse portfolio of branded cannabis and hemp-derived assets, built upon opportunistic acquisitions, distressed deals and competitive applications. Operating under the Jushi umbrella is the BEYOND / HELLO retail brand of cannabis dispensaries, hemp-based CBD brand, Nira, including its brands, The Lab: Concentrates and The Bank: Flower + Genetics, as well as its precision formulated line of medical cannabis products Nira Plus. Jushi strives to maximize shareholder value while delivering high premium products across all levels of the cannabis and hemp ecosystem.

Jushi Holdings (XCNQ:JUSH) Headlines

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