Diageo (Diageo) Days Payable : 229.06 (As of Dec. 2023)

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What is Diageo Days Payable?

Diageo's average Accounts Payable for the six months ended in Dec. 2023 was $5,323 Mil. Diageo's Cost of Goods Sold for the six months ended in Dec. 2023 was $4,241 Mil. Hence, Diageo's Days Payable for the six months ended in Dec. 2023 was 229.06.

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

DEO' s Days Payable Range Over the Past 10 Years
Min: 70.6 Med: 117.28 Max: 257.2
Current: 257.2

During the past 13 years, Diageo's highest Days Payable was 257.20. The lowest was 70.60. And the median was 117.28.

DEO's Days Payable is ranked better than
91.63% of 203 companies
in the Beverages - Alcoholic industry
Industry Median: 80.66 vs DEO: 257.20

Diageo's Days Payable increased from Dec. 2022 (227.65) to Dec. 2023 (229.06). It may suggest that Diageo delayed paying its suppliers.

Diageo Days Payable Historical Data

The historical data trend for Diageo'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.

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Diageo Days Payable Chart

Diageo Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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122.11

120.66

115.90

152.87

139.15

Diageo 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	Get a 7-Day Free Trial															228.27	293.40	227.65	221.76	229.06

Competitive Comparison of Diageo's Days Payable

For the Beverages - Wineries & Distilleries subindustry, Diageo'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.

Diageo's Days Payable Distribution in the Beverages - Alcoholic Industry

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

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

Diageo 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.

Diageo's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (3280.856	+	3353.809)	/	2 )	/	8701.739	*	365
=	3317.3325					/	8701.739	*	365
=	139.15

Diageo'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
=	( (3353.809	+	7292)	/	2 )	/	4241	*	365 / 2
=	5322.9045					/	4241	*	365 / 2
=	229.06

Diageo Days Payable Related Terms

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Diageo (Diageo) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Diageo PLC (NYSE:DEO) » Definitions » Days Payable

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Address

16 Great Marlborough Street, London, GBR, W1F 7HS

Website

https://www.diageo.com

The product of a merger between Grand Metropolitan and Guinness in 1997, Diageo is one of the world's leading producers of branded premium spirits, approximately level with Kweichow Moutai in revenue terms. It also produces and markets beer and wine. Brands include Johnnie Walker blended scotch, Smirnoff vodka, Crown Royal Canadian whiskey, Captain Morgan rum, Casamigos tequila, Tanqueray gin, Baileys Irish Cream, and Guinness stout. Diageo also owns 34% of premium champagne and cognac maker Moet Hennessy, a subsidiary of French luxury-goods maker LVMH Moet Hennessy-Louis Vuitton, and a near-56% stake in India's United Spirits.