United Malt Group (ASX:UMG) Days Payable : 53.13 (As of Mar. 2023)

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What is United Malt Group Days Payable?

United Malt Group's average Accounts Payable for the six months ended in Mar. 2023 was A$174 Mil. United Malt Group's Cost of Goods Sold for the six months ended in Mar. 2023 was A$598 Mil. Hence, United Malt Group's Days Payable for the six months ended in Mar. 2023 was 53.13.

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

ASX:UMG' s Days Payable Range Over the Past 10 Years
Min: 39.08 Med: 49.21 Max: 50.01
Current: 50.01

During the past 4 years, United Malt Group's highest Days Payable was 50.01. The lowest was 39.08. And the median was 49.21.

ASX:UMG's Days Payable is not ranked
in the Beverages - Alcoholic industry.
Industry Median: 78.91 vs ASX:UMG: 50.01

United Malt Group's Days Payable increased from Mar. 2022 (46.70) to Mar. 2023 (53.13). It may suggest that United Malt Group delayed paying its suppliers.

United Malt Group Days Payable Historical Data

The historical data trend for United Malt 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.

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United Malt Group Days Payable Chart

United Malt Group Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Days Payable

49.21

39.08

49.99

United Malt Group Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Days Payable	Get a 7-Day Free Trial			42.52	42.79	46.70	51.46	53.13

Competitive Comparison of United Malt Group's Days Payable

For the Beverages - Brewers subindustry, United Malt 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.

United Malt Group's Days Payable Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, United Malt Group's Days Payable distribution charts can be found below:

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

United Malt 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.

United Malt Group's Days Payable for the fiscal year that ended in Sep. 2022 is calculated as

	Days Payable (A: Sep. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2021 )	+	Accounts Payable (A: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2022 )	*	Days in Period
=	( (109.4	+	195.7)	/	2 )	/	1113.9	*	365
=	152.55					/	1113.9	*	365
=	49.99

United Malt Group's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

	Days Payable (Q: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2022 )	+	Accounts Payable (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (195.7	+	152.7)	/	2 )	/	598.4	*	365 / 2
=	174.2					/	598.4	*	365 / 2
=	53.13

United Malt Group Days Payable Related Terms

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United Malt Group (ASX:UMG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » United Malt Group Ltd (ASX:UMG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

18110 SE 34th Street, Suite 240, Vancouver, WA, USA, 98683

Website

https://www.unitedmalt.com

United Malt processes grains into malt, primarily for brewing into beer. The company is the fourth largest global malt processor and works with some of the world's largest breweries and distillers as well as fast growing craft producers. The business has capacity to process about 1.25 million metric tons of malt annually, primarily housed in the U.S. and Canada, serving the North American beer market, with additional facilities in Australia (serving both domestic brewing and exports to Asia) and the U.K. (selling to Scotch whisky distillers).

United Malt Group (ASX:UMG) Headlines

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