GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Downer EDI Ltd (ASX:DOW) » Definitions » Days Payable

Downer EDI (ASX:DOW) Days Payable : 592.82 (As of Dec. 2023)


View and export this data going back to 1990. Start your Free Trial

What is Downer EDI Days Payable?

Downer EDI's average Accounts Payable for the six months ended in Dec. 2023 was A$2,134 Mil. Downer EDI's Cost of Goods Sold for the six months ended in Dec. 2023 was A$657 Mil. Hence, Downer EDI's Days Payable for the six months ended in Dec. 2023 was 592.82.

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

ASX:DOW' s Days Payable Range Over the Past 10 Years
Min: 99.7   Med: 205.62   Max: 603.94
Current: 550.09

During the past 13 years, Downer EDI's highest Days Payable was 603.94. The lowest was 99.70. And the median was 205.62.

ASX:DOW's Days Payable is ranked better than
95.45% of 1603 companies
in the Construction industry
Industry Median: 74.72 vs ASX:DOW: 550.09

Downer EDI's Days Payable increased from Dec. 2022 (513.08) to Dec. 2023 (592.82). It may suggest that Downer EDI delayed paying its suppliers.


Downer EDI Days Payable Historical Data

The historical data trend for Downer EDI'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.

Downer EDI Days Payable Chart

Downer EDI 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 265.82 414.69 556.27 603.94 560.75

Downer EDI 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 615.23 536.65 513.08 536.39 592.82

Competitive Comparison of Downer EDI's Days Payable

For the Engineering & Construction subindustry, Downer EDI'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.


Downer EDI's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Downer EDI's Days Payable distribution charts can be found below:

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



Downer EDI 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.

Downer EDI'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
=( (2208.1 + 2272.4) / 2 ) / 1458.2*365
=2240.25 / 1458.2*365
=560.75

Downer EDI'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
=( (2272.4 + 1994.6) / 2 ) / 656.8*365 / 2
=2133.5 / 656.8*365 / 2
=592.82

* 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.


Downer EDI Days Payable Related Terms

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


Downer EDI (ASX:DOW) Business Description

Traded in Other Exchanges
Address
39 Delhi Road, Level 2, Triniti III, Triniti Business Campus, North Ryde, NSW, AUS, 2113
Downer operates engineering, construction, and maintenance; transport; technology and communications; utilities; and rail units. The future of Downer is focused on urban services, and mining and high-risk construction businesses have been sold. The engineering, construction, and maintenance business had exposure to mining and energy projects through consulting services. The mining division had provided contracted mining services. The rail division services and maintains passenger rolling stock, including locomotives and wagons.

Downer EDI (ASX:DOW) Headlines

From GuruFocus

Dow Inc Annual Shareholders Meeting Transcript

By GuruFocus Research 01-22-2024

Dow Inc at JPMorgan Industrials Conference Transcript

By GuruFocus Research 01-22-2024

Q2 2022 Dow Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2023 Dow Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2022 Dow Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q2 2020 Dow Inc Earnings Call Transcript

By GuruFocus Research 01-22-2024

Dow Inc Annual Shareholders Meeting Transcript

By GuruFocus Research 01-22-2024