Nestle (Nestle) Days Payable

: 114.08 (As of Dec. 2023)

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Nestle's average Accounts Payable for the six months ended in Dec. 2023 was $18,184 Mil. Nestle's Cost of Goods Sold for the six months ended in Dec. 2023 was $29,089 Mil. Hence, Nestle's Days Payable for the six months ended in Dec. 2023 was 114.08.

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

NSRGY' s Days Payable Range Over the Past 10 Years
Min: 100.82 Med: 114.47 Max: 140.66
Current: 115.94

During the past 13 years, Nestle's highest Days Payable was 140.66. The lowest was 100.82. And the median was 114.47.

NSRGY's Days Payable is ranked better than
85.78% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 45.835 vs NSRGY: 115.94

Nestle's Days Payable declined from Dec. 2022 (119.18) to Dec. 2023 (114.08). It may suggest that Nestle accelerated paying its suppliers.

Nestle Days Payable Historical Data

The historical data trend for Nestle'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.

Nestle Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

105.40

112.44

120.15

111.46

104.65

Nestle 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																129.78	136.64	119.18	120.48	114.08

Competitive Comparison

For the Packaged Foods subindustry, Nestle'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.

Nestle Days Payable Distribution

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

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

Nestle 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.

Nestle'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
=	( (16957.922	+	16414.2)	/	2 )	/	58196.115	*	365
=	16686.061					/	58196.115	*	365
=	104.65

Nestle'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
=	( (19953.354	+	16414.2)	/	2 )	/	29088.807	*	365 / 2
=	18183.777					/	29088.807	*	365 / 2
=	114.08

Nestle Days Payable Related Terms

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Nestle (Nestle) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nestle SA (OTCPK:NSRGY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

NSRGF:USA NESN:Mexico NESNz:UK 0QR4:UK NESM:Germany NESNE:Switzerland NESN:Switzerland

Address

Avenue Nestle 55, Vevey, CHE, CH-1800

Website

https://www.nestle.com

With a 150-year-plus history, Nestle is the largest food and beverage manufacturer in the world by sales, generating more than CHF 90 billion in annual revenue. Its diverse product portfolio includes brands such as Nestle, Nescafe, Perrier, Pure Life, and Purina. Nestle also owns around 20% of French cosmetics firm L'Oreal. The company employs 275,000 people around the world and has a vast portfolio of global products, with more than 30 brands each achieving more than CHF 1 billion in sales annually and a geographic presence that spans almost 190 countries.