GWA Group (GWA Group) Days Payable : 77.44 (As of Dec. 2023)

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What is GWA Group Days Payable?

GWA Group's average Accounts Payable for the six months ended in Dec. 2023 was $34.9 Mil. GWA Group's Cost of Goods Sold for the six months ended in Dec. 2023 was $82.3 Mil. Hence, GWA Group's Days Payable for the six months ended in Dec. 2023 was 77.44.

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

GWAXY' s Days Payable Range Over the Past 10 Years
Min: 51.18 Med: 75.13 Max: 83.34
Current: 79.03

During the past 13 years, GWA Group's highest Days Payable was 83.34. The lowest was 51.18. And the median was 75.13.

GWAXY's Days Payable is ranked better than
57.64% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 66.76 vs GWAXY: 79.03

GWA Group's Days Payable declined from Dec. 2022 (88.13) to Dec. 2023 (77.44). It may suggest that GWA Group accelerated paying its suppliers.

GWA Group Days Payable Historical Data

The historical data trend for GWA Group'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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GWA Group Days Payable Chart

GWA Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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83.43

76.48

68.51

86.54

82.54

GWA Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															90.52	89.83	88.13	75.09	77.44

Competitive Comparison of GWA Group's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, GWA Group'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.

GWA Group's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, GWA Group's Days Payable distribution charts can be found below:

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

GWA Group 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.

GWA Group's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (46.41	+	30.587)	/	2 )	/	170.237	*	365
=	38.4985					/	170.237	*	365
=	82.54

GWA Group'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (30.587	+	39.288)	/	2 )	/	82.338	*	365 / 2
=	34.9375					/	82.338	*	365 / 2
=	77.44

GWA Group Days Payable Related Terms

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GWA Group (GWA Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » GWA Group Ltd (OTCPK:GWAXY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GWA:Australia

Address

188 Holt Street, Building 3B, Pinkenba, Brisbane, QLD, AUS, 4008

Website

https://www.gwagroup.com.au

GWA Group Ltd is a leading Australian designer of sanitary-ware and bathroom fittings, having undergone a significant divestment program to focus solely on front-of-wall bathroom and kitchen fittings markets. GWA's portfolio of brands includes Caroma, Dorf, Fowler, and Clark, with Caroma, in particular, enjoying the long history and high brand awareness in the Australian market. As part of GWA's efforts to reorient the business toward water supply solutions, the acquisition of Methven--a leading New Zealand shower and bathroom fittings manufacturer--was completed in April 2019.

GWA Group (GWA Group) Headlines

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