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Woolworths Group (Woolworths Group) Days Payable : 49.82 (As of Dec. 2023)


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What is Woolworths Group Days Payable?

Woolworths Group's average Accounts Payable for the six months ended in Dec. 2023 was $4,596 Mil. Woolworths Group's Cost of Goods Sold for the six months ended in Dec. 2023 was $16,837 Mil. Hence, Woolworths Group's Days Payable for the six months ended in Dec. 2023 was 49.82.

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

WOLWF' s Days Payable Range Over the Past 10 Years
Min: 35.85   Med: 43.8   Max: 52.82
Current: 52.82

During the past 13 years, Woolworths Group's highest Days Payable was 52.82. The lowest was 35.85. And the median was 43.80.

WOLWF's Days Payable is ranked better than
59.55% of 309 companies
in the Retail - Defensive industry
Industry Median: 43.96 vs WOLWF: 52.82

Woolworths Group's Days Payable declined from Dec. 2022 (50.75) to Dec. 2023 (49.82). It may suggest that Woolworths Group accelerated paying its suppliers.


Woolworths Group Days Payable Historical Data

The historical data trend for Woolworths 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.

* Premium members only.

Woolworths Group Days Payable Chart

Woolworths Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.01 44.89 46.85 44.65 42.93

Woolworths 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.97 56.13 50.75 50.59 49.82

Competitive Comparison of Woolworths Group's Days Payable

For the Grocery Stores subindustry, Woolworths 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.


Woolworths Group's Days Payable Distribution in the Retail - Defensive Industry

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

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



Woolworths 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.

Woolworths 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
=( (3665.495 + 3772.483) / 2 ) / 31622.819*365
=3718.989 / 31622.819*365
=42.93

Woolworths 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
=( (3772.483 + 5419.009) / 2 ) / 16836.68*365 / 2
=4595.746 / 16836.68*365 / 2
=49.82

* 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.


Woolworths Group Days Payable Related Terms

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Woolworths Group (Woolworths Group) Business Description

Traded in Other Exchanges
Address
1 Woolworths Way, P.O. Box 8000, Bella Vista, Baulkham Hills, Sydney, NSW, AUS, 2153
Woolworths is Australia's largest retailer. Operations include supermarkets in Australia and New Zealand, and the Big W discount department stores. The Australian food division constitutes the majority of group EBIT, followed by New Zealand supermarkets, while Big W is a minor contributor.

Woolworths Group (Woolworths Group) Headlines

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