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McColl's Retail Group (LSE:MCLS) Days Payable : 71.43 (As of May. 2021)


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What is McColl's Retail Group Days Payable?

McColl's Retail Group's average Accounts Payable for the six months ended in May. 2021 was £172 Mil. McColl's Retail Group's Cost of Goods Sold for the six months ended in May. 2021 was £438 Mil. Hence, McColl's Retail Group's Days Payable for the six months ended in May. 2021 was 71.43.

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

LSE:MCLS's Days Payable is not ranked *
in the Retail - Defensive industry.
Industry Median: 43.72
* Ranked among companies with meaningful Days Payable only.

McColl's Retail Group's Days Payable declined from May. 2020 (80.10) to May. 2021 (71.43). It may suggest that McColl's Retail Group accelerated paying its suppliers.


McColl's Retail Group Days Payable Historical Data

The historical data trend for McColl's Retail 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.

McColl's Retail Group Days Payable Chart

McColl's Retail Group Annual Data
Trend Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.77 47.33 56.74 69.07 63.22

McColl's Retail Group Semi-Annual Data
Nov11 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21
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 75.86 79.08 80.10 68.96 71.43

Competitive Comparison of McColl's Retail Group's Days Payable

For the Grocery Stores subindustry, McColl's Retail 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.


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

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

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



McColl's Retail 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.

McColl's Retail Group's Days Payable for the fiscal year that ended in Nov. 2020 is calculated as

Days Payable (A: Nov. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Nov. 2019 ) + Accounts Payable (A: Nov. 2020 )) / count ) / Cost of Goods Sold (A: Nov. 2020 )*Days in Period
=( (175 + 156.6) / 2 ) / 957.2*365
=165.8 / 957.2*365
=63.22

McColl's Retail Group's Days Payable for the quarter that ended in May. 2021 is calculated as:

Days Payable (Q: May. 2021 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2020 ) + Accounts Payable (Q: May. 2021 )) / count ) / Cost of Goods Sold (Q: May. 2021 )*Days in Period
=( (156.6 + 186.6) / 2 ) / 438.4*365 / 2
=171.6 / 438.4*365 / 2
=71.43

* 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.


McColl's Retail Group Days Payable Related Terms

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McColl's Retail Group (LSE:MCLS) Business Description

Traded in Other Exchanges
N/A
Address
One London Road, Ground Floor West, Brentwood, Essex, GBR, CM14 4QW
McColl's Retail Group PLC is a retailer operator of convenience and newsagent stores. The company's products and services include everyday groceries, milk, baked beans, fruit pots, snacks, and ready meals, Lotto, Paypoint, and beers, wines, and spirits. The group operates more than 800 convenience stores and approximately 400 newsagent stores. It derives most of the revenue from convenience stores.

McColl's Retail Group (LSE:MCLS) Headlines

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