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Matthews International Corp  (NAS:MATW) Days Payable: 24.22 (As of Jun. 2017)

Matthews International Corp's payable for the three months ended in Jun. 2017 was $65 Mil. Matthews International Corp's Cost of Goods Sold for the three months ended in Jun. 2017 was $246 Mil. Hence, Matthews International Corp's days payable for the three months ended in Jun. 2017 was 24.22.

NAS:MATW' s Days Payable Range Over the Past 10 Years
Min: 17.79   Max: 36.82
Current: 25.31

17.79
36.82

During the past 13 years, Matthews International Corp's highest Days Payable was 36.82. The lowest was 17.79. And the median was 26.42.

NAS:MATW's Days Payable is ranked lower than
57% of the 72 Companies
in the Global industry.

( Industry Median: 29.96 vs. NAS:MATW: 25.31 )

Matthews International Corp's days payable increased from Jun. 2016 (22.39) to Jun. 2017 (24.22). It may suggest that Matthews International Corp delayed paying its suppliers.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Matthews International Corp Annual Data

Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.68 26.25 36.82 28.04 22.96

Matthews International Corp Quarterly Data

Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 22.39 23.04 24.20 23.52 24.22

Competitive Comparison
* 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.


Calculation

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Matthews International Corp's Days Payable for the fiscal year that ended in Sep. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=58.118/924.01*365
=22.96

Matthews International Corp's Days Payable for the quarter that ended in Jun. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=65.171/245.536*365 / 4
=24.22

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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