Restaurant Brands NZ (Restaurant Brands NZ) Days Payable : 26.46 (As of Dec. 2023)

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What is Restaurant Brands NZ Days Payable?

Restaurant Brands NZ's average Accounts Payable for the six months ended in Dec. 2023 was $53.6 Mil. Restaurant Brands NZ's Cost of Goods Sold for the six months ended in Dec. 2023 was $369.7 Mil. Hence, Restaurant Brands NZ's Days Payable for the six months ended in Dec. 2023 was 26.46.

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

RTBRF' s Days Payable Range Over the Past 10 Years
Min: 14.74 Med: 17 Max: 23.81
Current: 23.81

During the past 13 years, Restaurant Brands NZ's highest Days Payable was 23.81. The lowest was 14.74. And the median was 17.00.

RTBRF's Days Payable is ranked worse than
77.06% of 340 companies
in the Restaurants industry
Industry Median: 38.325 vs RTBRF: 23.81

Restaurant Brands NZ's Days Payable declined from Dec. 2022 (27.85) to Dec. 2023 (26.46). It may suggest that Restaurant Brands NZ accelerated paying its suppliers.

Restaurant Brands NZ Days Payable Historical Data

The historical data trend for Restaurant Brands NZ'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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Restaurant Brands NZ Days Payable Chart

Restaurant Brands NZ Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Dec20

Dec21

Dec22

Dec23

Days Payable

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15.28

15.82

17.72

17.39

17.30

Restaurant Brands NZ Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															29.33	30.33	27.85	27.91	26.46

Competitive Comparison of Restaurant Brands NZ's Days Payable

For the Restaurants subindustry, Restaurant Brands NZ'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.

Restaurant Brands NZ's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Restaurant Brands NZ's Days Payable distribution charts can be found below:

* The bar in red indicates where Restaurant Brands NZ's Days Payable falls into.

Restaurant Brands NZ 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.

Restaurant Brands NZ'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
=	( (34.37	+	34.372)	/	2 )	/	725.172	*	365
=	34.371					/	725.172	*	365
=	17.30

Restaurant Brands NZ'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
=	( (72.812	+	34.372)	/	2 )	/	369.682	*	365 / 2
=	53.592					/	369.682	*	365 / 2
=	26.46

Restaurant Brands NZ Days Payable Related Terms

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

Restaurant Brands NZ (Restaurant Brands NZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Restaurant Brands NZ Ltd (OTCPK:RTBRF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

RBD:New Zealand RBD:Australia

Address

666 Great South Road, Level 3, Level 3, Building 7, Central Park, Penrose, Auckland, NTL, NZL, 1051

Website

https://www.restaurantbrands.co.nz

Restaurant Brands NZ Ltd, together with its subsidiaries, operates quick service and takeaway restaurant concepts. The company's business includes KFC and Carl's Jr. It has various brands, consisting of KFC New Zealand, KFC Australia, Taco Bell, and Carl's Jr. stores. The company has purchased approximately more than 90 KFC stores in New South Wales, Australia, and also acquired the New Zealand franchise for Carl's Jr.

Restaurant Brands NZ (Restaurant Brands NZ) Headlines

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