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Carrefour (LTS:0NPH) Days Payable

: 90.91 (As of Dec. 2023)
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Carrefour's average Accounts Payable for the six months ended in Dec. 2023 was €17,318 Mil. Carrefour's Cost of Goods Sold for the six months ended in Dec. 2023 was €34,764 Mil. Hence, Carrefour's Days Payable for the six months ended in Dec. 2023 was 90.91.

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

LTS:0NPH' s Days Payable Range Over the Past 10 Years
Min: 92.72   Med: 104.2   Max: 112.13
Current: 93.76

During the past 13 years, Carrefour's highest Days Payable was 112.13. The lowest was 92.72. And the median was 104.20.

LTS:0NPH's Days Payable is ranked better than
89.97% of 309 companies
in the Retail - Defensive industry
Industry Median: 44.76 vs LTS:0NPH: 93.76

Carrefour's Days Payable increased from Dec. 2022 (86.25) to Dec. 2023 (90.91). It may suggest that Carrefour delayed paying its suppliers.


Carrefour Days Payable Historical Data

The historical data trend for Carrefour'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.

Carrefour Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 110.35 106.16 101.31 92.72 96.22

Carrefour 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 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 95.56 93.21 86.25 94.22 90.91

Competitive Comparison

For the Grocery Stores subindustry, Carrefour'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.


Carrefour Days Payable Distribution

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

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



Carrefour 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.

Carrefour'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
=( (17985 + 18013) / 2 ) / 68280*365
=17999 / 68280*365
=96.22

Carrefour'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
=( (16622 + 18013) / 2 ) / 34764*365 / 2
=17317.5 / 34764*365 / 2
=90.91

* 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.


Carrefour Days Payable Related Terms

Thank you for viewing the detailed overview of Carrefour's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Carrefour (LTS:0NPH) Business Description

Address
93 Avenue de Paris, Massy Cedex, Paris, FRA, 91300
Carrefour is a multiformat retailer with operations in more than 30 countries, with tens of thousands of shops globally, over 1,000 drive-thru locations, and about 340,000 employees. Although hypermarkets still account for the bulk of sales in France, the company, founded in 1959, is expanding away from its initial large hypermarket style. Due to its emphasis on creating smaller stores, its exposure to the nonfood sector has decreased. Approximately 73% of sales are generated in Europe, and the rest in Latin America (27%).

Carrefour (LTS:0NPH) Headlines

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