Maple Leaf Foods (Maple Leaf Foods) Days Payable : 49.22 (As of Dec. 2023)

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What is Maple Leaf Foods Days Payable?

Maple Leaf Foods's average Accounts Payable for the three months ended in Dec. 2023 was $419 Mil. Maple Leaf Foods's Cost of Goods Sold for the three months ended in Dec. 2023 was $777 Mil. Hence, Maple Leaf Foods's Days Payable for the three months ended in Dec. 2023 was 49.22.

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

MLFNF' s Days Payable Range Over the Past 10 Years
Min: 33.33 Med: 42.74 Max: 57.43
Current: 45.44

During the past 13 years, Maple Leaf Foods's highest Days Payable was 57.43. The lowest was 33.33. And the median was 42.74.

MLFNF's Days Payable is ranked worse than
50.31% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 45.62 vs MLFNF: 45.44

Maple Leaf Foods's Days Payable increased from Dec. 2022 (43.94) to Dec. 2023 (49.22). It may suggest that Maple Leaf Foods delayed paying its suppliers.

Maple Leaf Foods Days Payable Historical Data

The historical data trend for Maple Leaf Foods'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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Maple Leaf Foods Days Payable Chart

Maple Leaf Foods Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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42.67

47.40

48.55

44.14

42.46

Maple Leaf Foods Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															43.94	45.46	43.32	46.48	49.22

Competitive Comparison of Maple Leaf Foods's Days Payable

For the Packaged Foods subindustry, Maple Leaf Foods'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.

Maple Leaf Foods's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Maple Leaf Foods's Days Payable falls into.

Maple Leaf Foods 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.

Maple Leaf Foods'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
=	( (357.095	+	408.798)	/	2 )	/	3292.005	*	365
=	382.9465					/	3292.005	*	365
=	42.46

Maple Leaf Foods's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (429.846	+	408.798)	/	2 )	/	777.34	*	365 / 4
=	419.322					/	777.34	*	365 / 4
=	49.22

Maple Leaf Foods Days Payable Related Terms

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Maple Leaf Foods (Maple Leaf Foods) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Maple Leaf Foods Inc (OTCPK:MLFNF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

M1L:Germany MFI:Canada

Address

6985 Financial Drive, Mississauga, ON, CAN, L5N 0A1

Website

http://www.mapleleaffoods.com

Maple Leaf Foods Incs is a producer of food products under leading brands, including Maple Leaf, Maple Leaf PrimeMaple Leaf Natural Selections, Schneiders, Schneiders Country Naturals, Mina, Greenfield Natural Meat Co., Lightlife, and Field Roast. The Company's portfolio includes prepared meats, ready-to-cook and ready-toserve meals, and valued-added fresh pork and poultry, and plant protein products. Its main markets are Canada, the United States, Japan, and China. The key brands are Maple Leaf and Schneiders, Maple Leaf Prime Naturally, Shopsy, Mitchell's Gourmet Food, Larse, Parm, and Hygrade.