Metcash (Metcash) Days Payable : 68.04 (As of Oct. 2023)

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What is Metcash Days Payable?

Metcash's average Accounts Payable for the six months ended in Oct. 2023 was $1,628 Mil. Metcash's Cost of Goods Sold for the six months ended in Oct. 2023 was $4,366 Mil. Hence, Metcash's Days Payable for the six months ended in Oct. 2023 was 68.04.

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

MHTLY' s Days Payable Range Over the Past 10 Years
Min: 38.15 Med: 50.69 Max: 64.6
Current: 64.6

During the past 13 years, Metcash's highest Days Payable was 64.60. The lowest was 38.15. And the median was 50.69.

MHTLY's Days Payable is ranked better than
72.9% of 310 companies
in the Retail - Defensive industry
Industry Median: 44.27 vs MHTLY: 64.60

Metcash's Days Payable declined from Oct. 2022 (68.33) to Oct. 2023 (68.04). It may suggest that Metcash accelerated paying its suppliers.

Metcash Days Payable Historical Data

The historical data trend for Metcash'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.

Metcash Days Payable Chart

Metcash Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Days Payable

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59.79

66.70

53.86

61.07

63.41

Metcash Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Days Payable	Get a 7-Day Free Trial															64.16	59.18	68.33	59.03	68.04

Competitive Comparison of Metcash's Days Payable

For the Food Distribution subindustry, Metcash'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.

Metcash's Days Payable Distribution in the Retail - Defensive Industry

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

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

Metcash 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.

Metcash's Days Payable for the fiscal year that ended in Apr. 2023 is calculated as

	Days Payable (A: Apr. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Apr. 2022 )	+	Accounts Payable (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (1709.794	+	1535.05)	/	2 )	/	9338.528	*	365
=	1622.422					/	9338.528	*	365
=	63.41

Metcash's Days Payable for the quarter that ended in Oct. 2023 is calculated as:

	Days Payable (Q: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Apr. 2023 )	+	Accounts Payable (Q: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
=	( (1535.05	+	1720.114)	/	2 )	/	4365.863	*	365 / 2
=	1627.582					/	4365.863	*	365 / 2
=	68.04

Metcash Days Payable Related Terms

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Metcash (Metcash) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Metcash Ltd (OTCPK:MHTLY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MCSHF:USA MG9:Germany MTS:Australia

Address

1 Thomas Holt Drive, Macquarie Park, Sydney, NSW, AUS, 2113

Website

https://www.metcash.com

Metcash is a wholesale distribution and marketing company specialising in food, liquor, and hardware. Centralised wholesale distribution enables retailers to gain access to the combined scale of many retailers to negotiate material volume discounts.The food segment distributes of a range of products and services to independent supermarket and convenience stores. The hardware segment distributes hardware products to independent retail outlets and operates company-owned stores. The liquor segment distributes liquor products to independent retailers and pubs.