Nutrien (Nutrien) Days Payable

: 128.28 (As of Dec. 2023)

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Nutrien's average Accounts Payable for the three months ended in Dec. 2023 was $5,477 Mil. Nutrien's Cost of Goods Sold for the three months ended in Dec. 2023 was $3,896 Mil. Hence, Nutrien's Days Payable for the three months ended in Dec. 2023 was 128.28.

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

NTR' s Days Payable Range Over the Past 10 Years
Min: 28.9 Med: 64.49 Max: 100.61
Current: 100.44

During the past 13 years, Nutrien's highest Days Payable was 100.61. The lowest was 28.90. And the median was 64.49.

NTR's Days Payable is ranked better than
60.52% of 233 companies
in the Agriculture industry
Industry Median: 78.87 vs NTR: 100.44

Nutrien's Days Payable increased from Dec. 2022 (114.32) to Dec. 2023 (128.28). It may suggest that Nutrien delayed paying its suppliers.

Nutrien Days Payable Historical Data

The historical data trend for Nutrien'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.

Nutrien Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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88.47

98.20

95.66

89.19

99.97

Nutrien Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															114.32	126.13	-	-	128.28

Competitive Comparison

For the Agricultural Inputs subindustry, Nutrien'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.

Nutrien Days Payable Distribution

For the Agriculture industry and Basic Materials sector, Nutrien's Days Payable distribution charts can be found below:

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

Nutrien 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.

Nutrien'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
=	( (5797	+	5477)	/	2 )	/	20582	*	365
=	5637					/	20582	*	365
=	99.97

Nutrien'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	5477)	/	1 )	/	3896	*	365 / 4
=	5477					/	3896	*	365 / 4
=	128.28

Nutrien Days Payable Related Terms

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Nutrien (Nutrien) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Nutrien Ltd (NYSE:NTR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

NTR:Mexico POC:Germany N7T:Germany NTR:Canada

Address

211 19th Street East, Suite 1700, Saskatoon, SK, CAN, S7K 5R6

Website

https://www.nutrien.com

Created in 2018 as a result of the merger between PotashCorp and Agrium, Nutrien is the world's largest fertilizer producer by capacity. Nutrien produces the three main crop nutrients--nitrogen, potash, and phosphate--although its main focus is potash, where it is the global leader in installed capacity with a roughly 20% market share. The company is also the largest agricultural retailer in the United States, selling fertilizers, crop chemicals, seeds, and services directly to farm customers through its brick-and-mortar stores and online platforms.