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Sanderson Farms Days Payable

: 16.33 (As of Apr. 2022)
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Sanderson Farms's average Accounts Payable for the three months ended in Apr. 2022 was $188 Mil. Sanderson Farms's Cost of Goods Sold for the three months ended in Apr. 2022 was $1,052 Mil. Hence, Sanderson Farms's Days Payable for the three months ended in Apr. 2022 was 16.33.

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

SAFM' s Days Payable Range Over the Past 10 Years
Min: 8.8   Med: 12.33   Max: 15.11
Current: 14.07

During the past 13 years, Sanderson Farms's highest Days Payable was 15.11. The lowest was 8.80. And the median was 12.33.

SAFM's Days Payable is ranked worse than
92.51% of 1722 companies
in the Consumer Packaged Goods industry
Industry Median: 47.59 vs SAFM: 14.07

Sanderson Farms's Days Payable increased from Apr. 2021 (12.96) to Apr. 2022 (16.33). It may suggest that Sanderson Farms delayed paying its suppliers.


Sanderson Farms Days Payable Historical Data

The historical data trend for Sanderson Farms'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.

Sanderson Farms Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.06 13.44 15.11 13.22 12.33

Sanderson Farms Quarterly Data
Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22
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 12.96 12.07 12.48 16.26 16.33

Competitive Comparison

For the Packaged Foods subindustry, Sanderson Farms'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.

   

Sanderson Farms Days Payable Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sanderson Farms's Days Payable distribution charts can be found below:

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



Sanderson Farms 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.

Sanderson Farms's Days Payable for the fiscal year that ended in Oct. 2021 is calculated as

Days Payable (A: Oct. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Oct. 2020 ) + Accounts Payable (A: Oct. 2021 )) / count ) / Cost of Goods Sold (A: Oct. 2021 )*Days in Period
=( (111.463 + 152.421) / 2 ) / 3904.995*365
=131.942 / 3904.995*365
=12.33

Sanderson Farms's Days Payable for the quarter that ended in Apr. 2022 is calculated as:

Days Payable (Q: Apr. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jan. 2022 ) + Accounts Payable (Q: Apr. 2022 )) / count ) / Cost of Goods Sold (Q: Apr. 2022 )*Days in Period
=( (206.895 + 169.621) / 2 ) / 1051.845*365 / 4
=188.258 / 1051.845*365 / 4
=16.33

* 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.


Sanderson Farms Days Payable Related Terms

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Sanderson Farms Business Description

Sanderson Farms logo
Traded in Other Exchanges
Address
127 Flynt Road, Laurel, MS, USA, 39443
Sanderson Farms Inc is a dressed-chicken processor in the United States, producing and selling a variety of fresh, frozen, and value-added chicken products to grocers, food-service operators, and distributors. Most revenue is generated in the Southeastern, Southwestern, Northeastern, and Western United States. The company's product portfolio consists of tray packs and large birds, catering to grocery and food-service customers. It sells chill-packed, ice-packed, bulk-packed, and frozen chicken in whole, cut-up, and boneless form under the brand name Sanderson Farms to retailers, distributors, and casual dining operators in the United States.
Executives
Perez Sonia director 127 FLYNT ROAD LAUREL MS 39443
Kelly Green Edith director 3131 DEMOCRAT ROAD BLDG B206 MEMPHIS TN 38118
Barksdale John David director 127 FLYNT ROAD LAUREL MS 39443
Mestayer Suzanne T director 1100 POYDRAS STREET NEW ORLEANS LA 70163
Rigney Tim officer: Controller/Secretary 127 FLYNT ROAD, P.O. BOX 988 LAUREL MS 39441
Mooney Dianne director 7449 ASHLAND LANE BIRMINGHAM AL 35242
Khayat Robert C director PO BOX 1848 UNIVERSITY MS 38677
Banks Fred L Jr director 111 EAST CAPITOL STREET SUITE 600 JACKSON MS 39201-2122
Cooley Toni D director 253 OLD JACKSON ROAD MADISON MS 39110
Bierbusse John director 3500 NORTH LAKE SHORE DRIVE #14A CHICAGO IL 60657
Zacharias Donald W director
Taylor Rowan director
Ritter Charles W Jr director C/O SANDERSON FARM 225 N 13TH AVE LAUREL MS 39441-0998
Pittman Jones Gail director C/O SANDERSON FARMS INC PO BOX 988 225 N 13TH AVE LAUREL MS 39441-0988
Livingston Phil K director C/O SANDERSON FARM 225 N 13TH AVE LAUREL MS 39441-0998

Sanderson Farms Headlines

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