CCL Industries (CCL Industries) Days Payable

: 80.96 (As of Dec. 2023)

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CCL Industries's average Accounts Payable for the three months ended in Dec. 2023 was $779 Mil. CCL Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was $878 Mil. Hence, CCL Industries's Days Payable for the three months ended in Dec. 2023 was 80.96.

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

CCDBF' s Days Payable Range Over the Past 10 Years
Min: 48 Med: 59.48 Max: 84.8
Current: 84.8

During the past 13 years, CCL Industries's highest Days Payable was 84.80. The lowest was 48.00. And the median was 59.48.

CCDBF's Days Payable is ranked better than
69.48% of 367 companies
in the Packaging & Containers industry
Industry Median: 57.59 vs CCDBF: 84.80

CCL Industries's Days Payable declined from Dec. 2022 (89.46) to Dec. 2023 (80.96). It may suggest that CCL Industries accelerated paying its suppliers.

CCL Industries Days Payable Historical Data

The historical data trend for CCL Industries'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.

CCL Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

59.26

58.29

62.36

67.11

64.61

CCL Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																89.46	84.26	95.99	96.89	80.96

Competitive Comparison

For the Packaging & Containers subindustry, CCL Industries'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.

CCL Industries Days Payable Distribution

For the Packaging & Containers industry and Consumer Cyclical sector, CCL Industries's Days Payable distribution charts can be found below:

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

CCL Industries 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.

CCL Industries'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
=	( (652.264	+	597.197)	/	2 )	/	3529.517	*	365
=	624.7305					/	3529.517	*	365
=	64.61

CCL Industries'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
=	( (961.57	+	597.197)	/	2 )	/	878.429	*	365 / 4
=	779.3835					/	878.429	*	365 / 4
=	80.96

CCL Industries Days Payable Related Terms

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CCL Industries (CCL Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » CCL Industries Inc (OTCPK:CCDBF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CCLLF:USA CCL.B:Canada CCL.A:Canada

Address

111 Gordon Baker Road, Suite 801, Toronto, ON, CAN, M2H 3R1

Website

https://www.cclind.com

CCL Industries Inc manufactures and sells packaging and packaging-related products. The company operates through various segments, which include The CCL segment, which generates the majority of revenue, sells pressure sensitive and extruded film materials used for labels on consumer packaging, healthcare, automotive, and consumer durable products. The Avery segment sells software, labels, tags, dividers, badges, and specialty card products under the Avery brand. The Checkpoint segment includes the manufacturing and selling of technology-driven, inventory management and labeling solutions. Innovia segment manufactures specialty films. Its geographical segments include Canada; USA and Puerto Rico; Mexico, Brazil, Chile and Argentina; Europe; and Asia, Australia, Africa and New Zealand.