Golden Agri-Resources (Golden Agri-Resources) Days Payable : 22.52 (As of Dec. 2023)

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What is Golden Agri-Resources Days Payable?

Golden Agri-Resources's average Accounts Payable for the six months ended in Dec. 2023 was $483 Mil. Golden Agri-Resources's Cost of Goods Sold for the six months ended in Dec. 2023 was $3,911 Mil. Hence, Golden Agri-Resources's Days Payable for the six months ended in Dec. 2023 was 22.52.

The historical rank and industry rank for Golden Agri-Resources's Days Payable or its related term are showing as below:

GARPF' s Days Payable Range Over the Past 10 Years
Min: 23.92 Med: 33.82 Max: 40.67
Current: 23.92

During the past 13 years, Golden Agri-Resources's highest Days Payable was 40.67. The lowest was 23.92. And the median was 33.82.

GARPF's Days Payable is ranked worse than
80.99% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 46.12 vs GARPF: 23.92

Golden Agri-Resources's Days Payable declined from Dec. 2022 (29.07) to Dec. 2023 (22.52). It may suggest that Golden Agri-Resources accelerated paying its suppliers.

Golden Agri-Resources Days Payable Historical Data

The historical data trend for Golden Agri-Resources'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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Golden Agri-Resources Days Payable Chart

Golden Agri-Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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40.44

35.78

29.94

27.41

25.27

Golden Agri-Resources 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															26.26	32.40	29.07	23.72	22.52

Competitive Comparison of Golden Agri-Resources's Days Payable

For the Farm Products subindustry, Golden Agri-Resources'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.

Golden Agri-Resources's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Golden Agri-Resources's Days Payable distribution charts can be found below:

* The bar in red indicates where Golden Agri-Resources's Days Payable falls into.

Golden Agri-Resources 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.

Golden Agri-Resources'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
=	( (583.828	+	510.604)	/	2 )	/	7904.901	*	365
=	547.216					/	7904.901	*	365
=	25.27

Golden Agri-Resources'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
=	( (454.427	+	510.604)	/	2 )	/	3910.745	*	365 / 2
=	482.5155					/	3910.745	*	365 / 2
=	22.52

Golden Agri-Resources Days Payable Related Terms

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Golden Agri-Resources (Golden Agri-Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Golden Agri-Resources Ltd (OTCPK:GARPF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GARPY:USA E5H:Singapore 4G3A:Germany

Address

C/o IQ EQ Corporate Services (Mauritius) Ltd, 33 Edith Cavell Street, Port Louis, MUS, 11324

Website

https://www.goldenagri.com.sg

Golden Agri-Resources Ltd is an integrated palm oil plantation company. It operates through two segments: Plantations and palm oil mills, and Palm, laurics, and others. The plantation and palm oil mills segment comprises the products from the upstream business. The Palm, laurics and others comprise the processing and merchandising of palm and oilseed-based products i.e. bulk, branded, oleo-chemicals and other vegetable oils. The majority of the revenue is generated from the Palm, laurics and other segments. The company generates the majority of its revenue from the Rest of Asia.