Marshall Monteagle (JSE:MMP) Days Payable : 66.78 (As of Sep. 2023)

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What is Marshall Monteagle Days Payable?

Marshall Monteagle's average Accounts Payable for the six months ended in Sep. 2023 was R351 Mil. Marshall Monteagle's Cost of Goods Sold for the six months ended in Sep. 2023 was R960 Mil. Hence, Marshall Monteagle's Days Payable for the six months ended in Sep. 2023 was 66.78.

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

JSE:MMP' s Days Payable Range Over the Past 10 Years
Min: 52.9 Med: 71.33 Max: 114.52
Current: 74.68

During the past 13 years, Marshall Monteagle's highest Days Payable was 114.52. The lowest was 52.90. And the median was 71.33.

JSE:MMP's Days Payable is ranked better than
70.83% of 144 companies
in the Industrial Distribution industry
Industry Median: 53.42 vs JSE:MMP: 74.68

Marshall Monteagle's Days Payable declined from Sep. 2022 (69.53) to Sep. 2023 (66.78). It may suggest that Marshall Monteagle accelerated paying its suppliers.

Marshall Monteagle Days Payable Historical Data

The historical data trend for Marshall Monteagle'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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Marshall Monteagle Days Payable Chart

Marshall Monteagle Annual Data

Trend

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Mar23

Days Payable

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63.10

114.52

95.18

66.57

52.90

Marshall Monteagle Semi-Annual Data
	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															82.90	61.33	69.53	79.50	66.78

Competitive Comparison of Marshall Monteagle's Days Payable

For the Industrial Distribution subindustry, Marshall Monteagle'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.

Marshall Monteagle's Days Payable Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Marshall Monteagle's Days Payable distribution charts can be found below:

* The bar in red indicates where Marshall Monteagle's Days Payable falls into.

Marshall Monteagle 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.

Marshall Monteagle's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2020 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (210.613	+	292.079)	/	2 )	/	1734.177	*	365
=	251.346					/	1734.177	*	365
=	52.90

Marshall Monteagle'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
=	( (292.079	+	410.456)	/	2 )	/	959.987	*	365 / 2
=	351.2675					/	959.987	*	365 / 2
=	66.78

Marshall Monteagle Days Payable Related Terms

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Marshall Monteagle (JSE:MMP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Marshall Monteagle PLC (JSE:MMP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

66-72 Esplanade, 2nd Floor, Gaspe House, Saint Helier, JEY, JE1 1GH

Website

https://www.monteaglegroup.com

Marshall Monteagle PLC operates trading businesses involved in the importation and distribution of hand tools, machinery and non-perishable food products, coffee roasting, importing and exporting and trading in metals and minerals. It is also involved in the property business. The company generates the majority of its revenue from the Import and distribution segment, which is engaged in Trade in non-perishable products, such as food, food ingredients, household consumer products, metal and minerals, manufacturing inputs, and tools; primarily imports to South Africa and Latin America, and exports from South Africa.