JBS (JBSAY) Days Payable : 31.05 (As of Dec. 2023)

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What is JBS Days Payable?

JBS's average Accounts Payable for the three months ended in Dec. 2023 was $5,956 Mil. JBS's Cost of Goods Sold for the three months ended in Dec. 2023 was $17,506 Mil. Hence, JBS's Days Payable for the three months ended in Dec. 2023 was 31.05.

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

JBSAY' s Days Payable Range Over the Past 10 Years
Min: 22.02 Med: 29.83 Max: 38.54
Current: 33.9

During the past 13 years, JBS's highest Days Payable was 38.54. The lowest was 22.02. And the median was 29.83.

JBSAY's Days Payable is ranked worse than
65.96% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 45.7 vs JBSAY: 33.90

JBS's Days Payable declined from Dec. 2022 (31.56) to Dec. 2023 (31.05). It may suggest that JBS accelerated paying its suppliers.

JBS Days Payable Historical Data

The historical data trend for JBS'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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JBS Days Payable Chart

JBS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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32.81

38.00

36.59

37.16

35.79

JBS 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															31.56	36.01	32.16	32.95	31.05

Competitive Comparison of JBS's Days Payable

For the Packaged Foods subindustry, JBS'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.

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

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

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

JBS 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.

JBS'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
=	( (6531.731	+	6205.119)	/	2 )	/	64950.972	*	365
=	6368.425					/	64950.972	*	365
=	35.79

JBS'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
=	( (5707.743	+	6205.119)	/	2 )	/	17506.36	*	365 / 4
=	5956.431					/	17506.36	*	365 / 4
=	31.05

JBS Days Payable Related Terms

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JBS (JBSAY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » JBS SA (OTCPK:JBSAY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

YJ3A:Germany JBSS3:Brazil

Address

Avenue Marginal Direita do Tiete, 500, Bloco 3, Vila Jaguara, Sao Paulo, SP, BRA, 05118-100

Website

https://www.jbs.com.br

JBS SA is an international company involved in beef, lamb, and poultry processing. It is originally from Brazil. JBS is one of the world's exporters of animal protein, selling to more than 150 countries. Sales offices are in Brazil, the United States, Australia, Canada, Argentina, Uruguay, Paraguay, Mexico, Italy, Ireland, the United Kingdom, France, the Netherlands, China, and Russia, among others. The company also sells hygiene and cleaning products, collagen, metal packaging, and biodiesel, among others.