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Greenyard NV (LTS:0JZ8) Days Payable : 60.01 (As of Sep. 2023)


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What is Greenyard NV Days Payable?

Greenyard NV's average Accounts Payable for the six months ended in Sep. 2023 was €776 Mil. Greenyard NV's Cost of Goods Sold for the six months ended in Sep. 2023 was €2,359 Mil. Hence, Greenyard NV's Days Payable for the six months ended in Sep. 2023 was 60.01.

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

LTS:0JZ8' s Days Payable Range Over the Past 10 Years
Min: 43.62   Med: 57.78   Max: 121.72
Current: 60.68

During the past 13 years, Greenyard NV's highest Days Payable was 121.72. The lowest was 43.62. And the median was 57.78.

LTS:0JZ8's Days Payable is ranked better than
69.9% of 309 companies
in the Retail - Defensive industry
Industry Median: 43.96 vs LTS:0JZ8: 60.68

Greenyard NV's Days Payable increased from Sep. 2022 (58.41) to Sep. 2023 (60.01). It may suggest that Greenyard NV delayed paying its suppliers.


Greenyard NV Days Payable Historical Data

The historical data trend for Greenyard NV'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.

Greenyard NV Days Payable Chart

Greenyard NV Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.17 54.85 55.05 57.23 55.90

Greenyard NV 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 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 61.05 59.86 58.41 59.11 60.01

Competitive Comparison of Greenyard NV's Days Payable

For the Food Distribution subindustry, Greenyard NV'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.


Greenyard NV's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Greenyard NV's Days Payable distribution charts can be found below:

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



Greenyard NV 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.

Greenyard NV's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (637.801 + 708.478) / 2 ) / 4395.409*365
=673.1395 / 4395.409*365
=55.90

Greenyard NV'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
=( (708.478 + 842.938) / 2 ) / 2359.221*365 / 2
=775.708 / 2359.221*365 / 2
=60.01

* 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.


Greenyard NV Days Payable Related Terms

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Greenyard NV (LTS:0JZ8) Business Description

Traded in Other Exchanges
Address
Strijbroek 10, Sint-Katelijne-Waver, BEL, BE-2860
Greenyard NV is a Belgium-based company that operates as a processor of field-fresh fruits and vegetables. It produces and supplies food products with a long shelf-life. The company's business is split into two segments, Fresh and Long Fresh. Fresh is mainly active in fresh products, fruit, and vegetables, flowers and plants, and logistics of fresh produce. There are two divisions in the Long Fresh segment, Frozen, and Prepared activities. Produce is frozen immediately after harvesting and preparation. At Prepared, it includes freshly preserved fruit, vegetables, mushrooms, and other ambient food products. The company's majority share of revenue is generated from Fresh products.

Greenyard NV (LTS:0JZ8) Headlines

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