Tiger Brands (Tiger Brands) Days Payable : 60.33 (As of Sep. 2023)

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What is Tiger Brands Days Payable?

Tiger Brands's average Accounts Payable for the six months ended in Sep. 2023 was $225 Mil. Tiger Brands's Cost of Goods Sold for the six months ended in Sep. 2023 was $681 Mil. Hence, Tiger Brands's Days Payable for the six months ended in Sep. 2023 was 60.33.

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

TBLMY' s Days Payable Range Over the Past 10 Years
Min: 30.1 Med: 42.65 Max: 65.38
Current: 52.56

During the past 13 years, Tiger Brands's highest Days Payable was 65.38. The lowest was 30.10. And the median was 42.65.

TBLMY's Days Payable is ranked better than
57.69% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.77 vs TBLMY: 52.56

Tiger Brands's Days Payable declined from Sep. 2022 (70.07) to Sep. 2023 (60.33). It may suggest that Tiger Brands accelerated paying its suppliers.

Tiger Brands Days Payable Historical Data

The historical data trend for Tiger Brands'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.

Tiger Brands Days Payable Chart

Tiger Brands Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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59.43

60.81

58.88

73.52

43.29

Tiger Brands 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															83.87	77.89	70.07	58.22	60.33

Competitive Comparison of Tiger Brands's Days Payable

For the Packaged Foods subindustry, Tiger Brands'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.

Tiger Brands's Days Payable Distribution in the Consumer Packaged Goods Industry

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

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

Tiger Brands 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.

Tiger Brands's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (191.166	+	147.145)	/	2 )	/	1426.164	*	365
=	169.1555					/	1426.164	*	365
=	43.29

Tiger Brands'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
=	( (302.878	+	147.145)	/	2 )	/	680.655	*	365 / 2
=	225.0115					/	680.655	*	365 / 2
=	60.33

Tiger Brands Days Payable Related Terms

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Tiger Brands (Tiger Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tiger Brands Ltd (OTCPK:TBLMY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TBS:South Africa TBLMF:USA UG5A:Germany

Address

3010 William Nicol Drive, P.O. Box 78056, Bryanston, Sandton, Johannesburg, GT, ZAF, 2146

Website

https://www.tigerbrands.com

Tiger Brands Ltd is an African manufacturer of branded food, home-care, and personal-care products. Present in 22 African countries, the company also has global distribution in the rest of the world: Germany, the United Kingdom, Sweden, Ireland, Canada, Sweden, the Philippines, Singapore, and Taiwan, among others. The product offering includes perishables, personal-care products, home-care products, snacks, baby care, beverages, grains, groceries, and out-of-home meals. The company reports under the following segments: grains, consumer brands, Home, Personal Care and Baby (HPCB), and export and international. The Grains segment is the largest segment. Some of the best-known brands are Oros, Hall's, Rose's, Ace, Albany, Purity, Ice Cap, Hugo's, and All Good.

Tiger Brands (Tiger Brands) Headlines

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