Beyond Meat (WBO:BYND) Days Payable

: 34.53 (As of Dec. 2023)

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Beyond Meat's average Accounts Payable for the three months ended in Dec. 2023 was €54.7 Mil. Beyond Meat's Cost of Goods Sold for the three months ended in Dec. 2023 was €144.5 Mil. Hence, Beyond Meat's Days Payable for the three months ended in Dec. 2023 was 34.53.

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

WBO:BYND' s Days Payable Range Over the Past 10 Years
Min: 40.68 Med: 49.48 Max: 64.15
Current: 43.49

During the past 8 years, Beyond Meat's highest Days Payable was 64.15. The lowest was 40.68. And the median was 49.48.

WBO:BYND's Days Payable is ranked worse than
53.11% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.81 vs WBO:BYND: 43.49

Beyond Meat's Days Payable declined from Dec. 2022 (70.90) to Dec. 2023 (34.53). It may suggest that Beyond Meat accelerated paying its suppliers.

Beyond Meat Days Payable Historical Data

The historical data trend for Beyond Meat'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.

Beyond Meat Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

40.31

52.95

62.16

49.48

48.39

Beyond Meat Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																70.90	51.44	37.06	55.69	34.53

Competitive Comparison

For the Packaged Foods subindustry, Beyond Meat'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.

Beyond Meat Days Payable Distribution

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

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

Beyond Meat 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.

Beyond Meat'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
=	( (52.203	+	51.381)	/	2 )	/	390.671	*	365
=	51.792					/	390.671	*	365
=	48.39

Beyond Meat'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
=	( (57.964	+	51.381)	/	2 )	/	144.463	*	365 / 4
=	54.6725					/	144.463	*	365 / 4
=	34.53

Beyond Meat Days Payable Related Terms

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Beyond Meat (WBO:BYND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Beyond Meat Inc (WBO:BYND) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BYND:USA BYND:Mexico 1BYND:Italy 0Q3:Germany B2YN34:Brazil

Address

119 Standard Street, El Segundo, CA, USA, 90245

Website

https://www.beyondmeat.com

Beyond Meat Inc is a provider of plant-based meats, such as burgers, sausage, ground beef, and chicken. Unlike other vegetarian products, Beyond Meat seeks to replicate the look, cook, and taste of meat targeted to omnivores and vegetarians alike and is sold in the meat case. The products are widely available across the U.S. and Canada and in 83 additional countries as well. International revenue represented 31% of 2021 sales. The firm's products are available in retail stores and the food service channel. In 2019, before the pandemic struck, sales were evenly split between these two channels, although the mix stood at 70% retail/30% food service in 2021. We think the recovery from the crisis and new deals with McDonald's and Yum Brands will return food-service sales to 50% in time.