Asahi Group Holdings (Asahi Group Holdings) Days Payable : 127.72 (As of Dec. 2023)

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What is Asahi Group Holdings Days Payable?

Asahi Group Holdings's average Accounts Payable for the three months ended in Dec. 2023 was $4,713 Mil. Asahi Group Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $3,367 Mil. Hence, Asahi Group Holdings's Days Payable for the three months ended in Dec. 2023 was 127.72.

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

ASBRF' s Days Payable Range Over the Past 10 Years
Min: 66.92 Med: 118.68 Max: 134.71
Current: 128.97

During the past 13 years, Asahi Group Holdings's highest Days Payable was 134.71. The lowest was 66.92. And the median was 118.68.

ASBRF's Days Payable is ranked better than
67.82% of 202 companies
in the Beverages - Alcoholic industry
Industry Median: 83.005 vs ASBRF: 128.97

Asahi Group Holdings's Days Payable increased from Dec. 2022 (121.65) to Dec. 2023 (127.72). It may suggest that Asahi Group Holdings delayed paying its suppliers.

Asahi Group Holdings Days Payable Historical Data

The historical data trend for Asahi Group Holdings'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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Asahi Group Holdings Days Payable Chart

Asahi Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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116.64

125.20

139.17

140.31

138.81

Asahi Group Holdings 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															121.65	141.30	123.31	124.31	127.72

Competitive Comparison of Asahi Group Holdings's Days Payable

For the Beverages - Brewers subindustry, Asahi Group Holdings'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.

Asahi Group Holdings's Days Payable Distribution in the Beverages - Alcoholic Industry

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

* The bar in red indicates where Asahi Group Holdings's Days Payable falls into.

Asahi Group Holdings 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.

Asahi Group Holdings'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
=	( (4386.983	+	4964.395)	/	2 )	/	12294.343	*	365
=	4675.689					/	12294.343	*	365
=	138.81

Asahi Group Holdings'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
=	( (4462.112	+	4964.395)	/	2 )	/	3367.328	*	365 / 4
=	4713.2535					/	3367.328	*	365 / 4
=	127.72

Asahi Group Holdings Days Payable Related Terms

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Asahi Group Holdings (Asahi Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Asahi Group Holdings Ltd (OTCPK:ASBRF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

2502:Japan ABW:Germany

Address

1-23-1, Azumabashi, Sumida-ku, Tokyo, JPN, 130-8602

Website

http://www.asahigroup-holdings.com

Asahi is a leading brewer in Japan with an estimated 36.5% market share by volume in Japan's beer and beer-like market, led by its Asahi Super Dry beer brand. It also operates a wide range of acholic and soft beverage products as well as packaged foods, mainly in Japan. It has made inroads into Europe through acquisitions of SABMiller's brands including Peroni and Pilsner Urquell in Western and Central Europe in 2016 and 2017. The acquisition of Carlton United Breweries has granted Asahi the leading market share in Australia's beer market with Great Northern the leading brand. East Asia including China and Southeast Asia are the other overseas markets where Asahi is growing. Overseas business represents nearly half of the group sales and 60% of business profits.