Universal (Universal) Days Payable : 11.18 (As of Dec. 2023)

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What is Universal Days Payable?

Universal's average Accounts Payable for the three months ended in Dec. 2023 was $80 Mil. Universal's Cost of Goods Sold for the three months ended in Dec. 2023 was $655 Mil. Hence, Universal's Days Payable for the three months ended in Dec. 2023 was 11.18.

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

UVV' s Days Payable Range Over the Past 10 Years
Min: 18.47 Med: 33.11 Max: 38.33
Current: 18.47

During the past 13 years, Universal's highest Days Payable was 38.33. The lowest was 18.47. And the median was 33.11.

UVV's Days Payable is ranked worse than
81.63% of 49 companies
in the Tobacco Products industry
Industry Median: 45.42 vs UVV: 18.47

Universal's Days Payable declined from Dec. 2022 (26.37) to Dec. 2023 (11.18). It may suggest that Universal accelerated paying its suppliers.

Universal Days Payable Historical Data

The historical data trend for Universal'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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Universal Days Payable Chart

Universal Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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32.62

33.59

32.11

33.88

22.72

Universal 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															26.37	23.75	18.93	14.47	11.18

Competitive Comparison of Universal's Days Payable

For the Tobacco subindustry, Universal'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.

Universal's Days Payable Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Universal's Days Payable distribution charts can be found below:

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

Universal 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.

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

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (173.799	+	89.043)	/	2 )	/	2111.539	*	365
=	131.421					/	2111.539	*	365
=	22.72

Universal'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
=	( (70.903	+	89.423)	/	2 )	/	654.556	*	365 / 4
=	80.163					/	654.556	*	365 / 4
=	11.18

Universal Days Payable Related Terms

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Universal (Universal) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Universal Corp (NYSE:UVV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

UVV:Germany UVV:Germany

Address

9201 Forest Hill Avenue, Richmond, VA, USA, 23235

Website

http://www.universalcorp.com

Universal Corp is a global leaf tobacco supplier. The company procures leaf tobacco from farmers, processes it, and sells it to companies that manufacture consumer tobacco products. Universal does not manufacture or sell any consumer products itself. The company's segment includes Tobacco Operations and Ingredients Operations. It generates maximum revenue from the Tobacco Operations segment. Geographically, it derives a majority of revenue from the United States.

Executives

Candace C Formacek	officer: Vice President & Treasurer	PO BOX 25099, RICHMOND VA 23260
Robert C Sledd	director	9201 FOREST HILL AVENUE, RICHMOND VA 23235
Airton L Hentschke	officer: SVP & COO	9201 FOREST HILL AVENUE, RICHMOND VA 23235
Lennart R. Freeman	director	9201 FOREST HILL AVENUE, RICHMOND VA 23235
Mckeen Starke	officer: Senior VP & Sales Director	9201 FOREST HILL AVENUE, RICHMOND VA 23235
Preston Douglas Wigner	officer: VP, General Counsel & Secy	9201 FOREST HILL AVENUE, PO BOX 25099, RICHMOND VA 23260
Schick Arthur J. Jr.	director	9201 FOREST HILL AVENUE, RICHMOND VA 23235
Theodore G Broome	other: Subsidiary Officer	PO BOX 25099, RICHMOND VA 23260
Thomas H Johnson	director	9201 FOREST HILL AVENUE, RICHMOND VA 23235
Diana F Cantor	director	9201 FOREST HILL AVENUE, RICHMOND VA 23235
Michael T Lawton	director	DOMINO'S PIZZA, 30 FRANK LLOYD WRIGHT DRIVE, ANN ARBOR MI 48106
Tullidge Thomas H Jr	director	PO BOX 25099, RICHMOND VA 23260
Jacqueline T. Williams	director	UNIVERSAL CORP., 9201 FOREST HILL AVENUE, RICHMOND VA 23235
Scott J Bleicher	officer: Vice President and Controller	PO BOX 25099, RICHMOND VA 23260
John Patrick O'keefe	other: Subsidiary Officer	9201 FOREST HILL AVENUE, RICHMOND VA 23235