Elders (Elders) Days Payable : 88.56 (As of Sep. 2023)

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What is Elders Days Payable?

Elders's average Accounts Payable for the six months ended in Sep. 2023 was $424 Mil. Elders's Cost of Goods Sold for the six months ended in Sep. 2023 was $873 Mil. Hence, Elders's Days Payable for the six months ended in Sep. 2023 was 88.56.

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

EDESY' s Days Payable Range Over the Past 10 Years
Min: 70.73 Med: 80.46 Max: 92.48
Current: 85.36

During the past 13 years, Elders's highest Days Payable was 92.48. The lowest was 70.73. And the median was 80.46.

EDESY's Days Payable is ranked better than
77.81% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 45.62 vs EDESY: 85.36

Elders's Days Payable increased from Sep. 2022 (86.25) to Sep. 2023 (88.56). It may suggest that Elders delayed paying its suppliers.

Elders Days Payable Historical Data

The historical data trend for Elders'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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Elders Days Payable Chart

Elders Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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91.09

82.29

89.39

79.13

77.61

Elders Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															95.73	103.83	86.25	93.48	88.56

Competitive Comparison of Elders's Days Payable

For the Farm Products subindustry, Elders'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.

Elders's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Elders's Days Payable distribution charts can be found below:

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

Elders 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.

Elders's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (411.637	+	330.801)	/	2 )	/	1745.872	*	365
=	371.219					/	1745.872	*	365
=	77.61

Elders'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
=	( (516.776	+	330.801)	/	2 )	/	873.361	*	365 / 2
=	423.7885					/	873.361	*	365 / 2
=	88.56

Elders Days Payable Related Terms

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Elders (Elders) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Elders Ltd (OTCPK:EDESY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

FTZ:Germany ELD:Australia

Address

80 Grenfell Street, Level 10, Adelaide, SA, AUS, 5000

Website

https://www.elders.com.au

Elders Ltd is a farm products company. The company's operating segments include Branch Network; Wholesale Products; Feed and Processing Services and Corporate Services and Other Costs. It generates maximum revenue from the Branch Network segment. The Branch Network segment includes the provision of products and services through a common distribution channel, including agricultural retail products, agency services, and financial services.