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Bunge (BGEPF.PFD) Days Payable : 29.71 (As of Mar. 2024)


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What is Bunge Days Payable?

Bunge's average Accounts Payable for the three months ended in Mar. 2024 was $4,083.50 Mil. Bunge's Cost of Goods Sold for the three months ended in Mar. 2024 was $12,541.00 Mil. Hence, Bunge's Days Payable for the three months ended in Mar. 2024 was 29.71.

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

BGEPF.PFD' s Days Payable Range Over the Past 10 Years
Min: 22.53   Med: 26.69   Max: 30.07
Current: 30.07

During the past 13 years, Bunge's highest Days Payable was 30.07. The lowest was 22.53. And the median was 26.69.

BGEPF.PFD's Days Payable is ranked worse than
71.6% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 45.62 vs BGEPF.PFD: 30.07

Bunge's Days Payable declined from Mar. 2023 (31.81) to Mar. 2024 (29.71). It may suggest that Bunge accelerated paying its suppliers.


Bunge Days Payable Historical Data

The historical data trend for Bunge'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.

Bunge Days Payable Chart

Bunge Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.51 25.89 22.53 24.80 26.86

Bunge Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.81 32.42 28.46 25.47 29.71

Competitive Comparison of Bunge's Days Payable

For the Farm Products subindustry, Bunge'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.


Bunge's Days Payable Distribution in the Consumer Packaged Goods Industry

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

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



Bunge 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.

Bunge'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 + 3664) / 2 ) / 54695*365
=4025 / 54695*365
=26.86

Bunge's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (3664 + 4503) / 2 ) / 12541*365 / 4
=4083.5 / 12541*365 / 4
=29.71

* 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.


Bunge Days Payable Related Terms

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Bunge (BGEPF.PFD) Business Description

Traded in Other Exchanges
Address
1391 Timberlake Manor Parkway, Chesterfield, MO, USA, 63017
Bunge Global SA formerly Bunge Ltd is a global agribusiness and food company with operations along the farm-to-consumer food chain. The company segments include Agribusiness; Refined and Specialty Oils; Milling; Sugar and Bioenergy and Corporate and Other. It generates maximum revenue from the Agribusiness segment. The company is a leading oilseed processor and seller of packaged vegetable oils and other food and ingredients products.