Australian Agricultural Co (Australian Agricultural Co) Days Payable : 25.21 (As of Sep. 2023)

View and export this data going back to . Start your Free Trial

What is Australian Agricultural Co Days Payable?

Australian Agricultural Co's average Accounts Payable for the six months ended in Sep. 2023 was $19.4 Mil. Australian Agricultural Co's Cost of Goods Sold for the six months ended in Sep. 2023 was $140.7 Mil. Hence, Australian Agricultural Co's Days Payable for the six months ended in Sep. 2023 was 25.21.

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

ASAGF' s Days Payable Range Over the Past 10 Years
Min: 15.82 Med: 20.47 Max: 64.2
Current: 30.76

During the past 13 years, Australian Agricultural Co's highest Days Payable was 64.20. The lowest was 15.82. And the median was 20.47.

ASAGF's Days Payable is ranked worse than
70.32% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 45.62 vs ASAGF: 30.76

Australian Agricultural Co's Days Payable declined from Sep. 2022 (1,066.48) to Sep. 2023 (25.21). It may suggest that Australian Agricultural Co accelerated paying its suppliers.

Australian Agricultural Co Days Payable Historical Data

The historical data trend for Australian Agricultural Co'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.

Australian Agricultural Co Days Payable Chart

Australian Agricultural Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

19.65

52.04

53.80

67.44

Australian Agricultural Co 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															-	-	1,066.48	37.13	25.21

Competitive Comparison of Australian Agricultural Co's Days Payable

For the Farm Products subindustry, Australian Agricultural Co'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.

Australian Agricultural Co's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Australian Agricultural Co's Days Payable falls into.

Australian Agricultural Co 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.

Australian Agricultural Co'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
=	( (15.813	+	15.409)	/	2 )	/	84.492	*	365
=	15.611					/	84.492	*	365
=	67.44

Australian Agricultural Co'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
=	( (15.409	+	23.451)	/	2 )	/	140.67	*	365 / 2
=	19.43					/	140.67	*	365 / 2
=	25.21

Australian Agricultural Co Days Payable Related Terms

Thank you for viewing the detailed overview of Australian Agricultural Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Australian Agricultural Co (Australian Agricultural Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Australian Agricultural Co Ltd (OTCPK:ASAGF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AAYYY:USA AY5:Germany AAC:Australia

Address

76 Skyring Terrace, Level 1, Tower A, Gasworks Plaza, Newstead, Brisbane, QLD, AUS, 4006

Website

https://www.aaco.com.au

Australian Agricultural Co Ltd raises cattle in Australia to process and export all over the world. It specializes in grass-fed beef, grain-fed beef, and a Japanese-style beef. The company invests in research and technologies to ensure high quality and enhance productivity. The technologies may focus on performance evaluations, feed efficiency, or disease testing. More opportunities for gathering data exist because the cattle are owned throughout the entire supply chain. The company's processing facility works to get the beef out on a timely basis and will turn to third parties in times of a shortage. The company distributes the beef by tailoring its route-to-market model to capitalize on regional opportunities.