Wesfarmers (ASX:WES) Days Payable : 68.40 (As of Dec. 2023)

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What is Wesfarmers Days Payable?

Wesfarmers's average Accounts Payable for the six months ended in Dec. 2023 was A$5,537 Mil. Wesfarmers's Cost of Goods Sold for the six months ended in Dec. 2023 was A$14,773 Mil. Hence, Wesfarmers's Days Payable for the six months ended in Dec. 2023 was 68.40.

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

ASX:WES' s Days Payable Range Over the Past 10 Years
Min: 47.39 Med: 59.82 Max: 107.56
Current: 71.19

During the past 13 years, Wesfarmers's highest Days Payable was 107.56. The lowest was 47.39. And the median was 59.82.

ASX:WES's Days Payable is ranked better than
59.72% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.94 vs ASX:WES: 71.19

Wesfarmers's Days Payable increased from Dec. 2022 (67.08) to Dec. 2023 (68.40). It may suggest that Wesfarmers delayed paying its suppliers.

Wesfarmers Days Payable Historical Data

The historical data trend for Wesfarmers'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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Wesfarmers Days Payable Chart

Wesfarmers Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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107.56

72.10

72.05

74.72

67.12

Wesfarmers 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															77.68	78.06	67.08	72.07	68.40

Competitive Comparison of Wesfarmers's Days Payable

For the Home Improvement Retail subindustry, Wesfarmers'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.

Wesfarmers's Days Payable Distribution in the Retail - Cyclical Industry

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

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

Wesfarmers 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.

Wesfarmers'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
=	( (5362	+	5268)	/	2 )	/	28905	*	365
=	5315					/	28905	*	365
=	67.12

Wesfarmers'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
=	( (5268	+	5805)	/	2 )	/	14773	*	365 / 2
=	5536.5					/	14773	*	365 / 2
=	68.40

Wesfarmers Days Payable Related Terms

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Wesfarmers (ASX:WES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Wesfarmers Ltd (ASX:WES) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

WFAFY:USA WFAFF:USA WF3:Germany

Address

123 St Georges Terrace, Level 14, Brookfield Place Tower 2, Perth, WA, AUS, 6000

Website

https://www.wesfarmers.com.au

Wesfarmers is Australia's largest conglomerate. Its retail operations include the Bunnings hardware chain (number one in market share), discount department stores Kmart and Target (number one and three) and Officeworks in office supplies (number one). These activities account for the vast majority of group earnings before taxes. Other operations include chemicals, fertilisers, industrial and medical gases, LPG production and distribution, and industrial and safety supplies. Management is focused on generating cash and creating shareholder wealth in the long term.