Brown-Forman (Brown-Forman) Days Payable

: 162.00 (As of Jan. 2024)

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Brown-Forman's average Accounts Payable for the three months ended in Jan. 2024 was $771 Mil. Brown-Forman's Cost of Goods Sold for the three months ended in Jan. 2024 was $434 Mil. Hence, Brown-Forman's Days Payable for the three months ended in Jan. 2024 was 162.00.

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

BF.A' s Days Payable Range Over the Past 10 Years
Min: 40.45 Med: 48.15 Max: 148.67
Current: 148.67

During the past 13 years, Brown-Forman's highest Days Payable was 148.67. The lowest was 40.45. And the median was 48.15.

BF.A's Days Payable is ranked better than
74.02% of 204 companies
in the Beverages - Alcoholic industry
Industry Median: 80.665 vs BF.A: 148.67

Brown-Forman's Days Payable increased from Jan. 2023 (153.45) to Jan. 2024 (162.00). It may suggest that Brown-Forman delayed paying its suppliers.

Brown-Forman Days Payable Historical Data

The historical data trend for Brown-Forman'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.

Brown-Forman Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Days Payable

47.91

41.49

40.45

46.16

55.36

Brown-Forman Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable																153.45	121.56	126.03	162.72	162.00

Competitive Comparison

For the Beverages - Wineries & Distilleries subindustry, Brown-Forman'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.

Brown-Forman Days Payable Distribution

For the Beverages - Alcoholic industry and Consumer Defensive sector, Brown-Forman's Days Payable distribution charts can be found below:

* The bar in red indicates where Brown-Forman's Days Payable falls into.

Brown-Forman 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.

Brown-Forman's Days Payable for the fiscal year that ended in Apr. 2023 is calculated as

	Days Payable (A: Apr. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Apr. 2022 )	+	Accounts Payable (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (218	+	308)	/	2 )	/	1734	*	365
=	263					/	1734	*	365
=	55.36

Brown-Forman's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (794	+	747)	/	2 )	/	434	*	365 / 4
=	770.5					/	434	*	365 / 4
=	162.00

Brown-Forman Days Payable Related Terms

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Brown-Forman (Brown-Forman) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Brown-Forman Corp (NYSE:BF.A) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BF.B:USA BF5A:Germany BF5B:Germany BF5B:Germany

Address

850 Dixie Highway, Louisville, KY, USA, 40210

Website

https://www.brown-forman.com

Brown-Forman is a U.S.-based manufacturer of premium distilled spirits that generates close to 70% of revenues in the whiskey category, under well-known Tennessee whiskey brand Jack Daniel's and bourbon brands Woodford Reserve and Old Forester. It also manufactures and distributes tequila, vodka, rum, gin, and premium wines. The company generates 47% of sales from its home market, while the bulk of international revenues come from Europe, Australia, and Latin America. The Brown family controls over 50% of the economic interests and a 67% voting power of the company.

Executives

De Chabert Ralph E	officer: SVP, Chief Diversity Officer	850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Augusta Brown Holland	director	850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Kelli Nelson	officer: SVP, Chief Accounting Officer	850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Chavanne Patrick Bousquet	director	767 FIFTH AVENUE, NEW YORK NY 10153
Matthew E Hamel	officer: EVP, Gen Counsel and Secretary	850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Michael Todman	director	C/O TMA LIMITED, LLC, 500 RENAISSANCE DRIVE, SUITE 103B, ST. JOSEPH MI 49085
Matias Bentel	officer: SVP, Chief Brands Officer	850 DIXIE HWY, LOUISVILLE KY 40210
John V. Hayes	officer: SVP/President, USA & Canada	850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Tracy L Skeans	director	1441 GARDINER LANE, LOUISVILLE KY 40213
Thomas Hinrichs	officer: SVP/Pres., Emerging Intl	850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Kirsten M Hawley	officer: SVP, Chief HR Officer	850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Kathleen M. Gutmann	director	55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Alejandro A Alvarez	officer: SVP, Chief Production Officer	850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Lawson E Whiting	director, officer: President & CEO	850 DIXIE HIGHWAY, LOUISVILLE KY 40228
John D. Cook	director	850 DIXIE HIGHWAY, LOUISVILLE KY 40210