Amcor (AMCR) Days Payable : 84.00 (As of Sep. 2024)

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What is Amcor Days Payable?

Amcor's average Accounts Payable for the three months ended in Sep. 2024 was $2,480 Mil. Amcor's Cost of Goods Sold for the three months ended in Sep. 2024 was $2,694 Mil. Hence, Amcor's Days Payable for the three months ended in Sep. 2024 was 84.00.

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

AMCR' s Days Payable Range Over the Past 10 Years
Min: 78.98 Med: 93.13 Max: 127.25
Current: 78.98

During the past 13 years, Amcor's highest Days Payable was 127.25. The lowest was 78.98. And the median was 93.13.

AMCR's Days Payable is ranked better than
66.05% of 377 companies
in the Packaging & Containers industry
Industry Median: 57.14 vs AMCR: 78.98

Amcor's Days Payable increased from Sep. 2023 (80.03) to Sep. 2024 (84.00). It may suggest that Amcor delayed paying its suppliers.

Amcor Days Payable Historical Data

The historical data trend for Amcor'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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Amcor Days Payable Chart

Amcor Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Days Payable

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82.22

85.49

87.90

87.87

88.01

Amcor Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															80.03	79.04	76.06	78.34	84.00

Competitive Comparison of Amcor's Days Payable

For the Packaging & Containers subindustry, Amcor'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.

Amcor's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Amcor's Days Payable distribution charts can be found below:

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

Amcor 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.

Amcor's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

	Days Payable (A: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2023 )	+	Accounts Payable (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (2690	+	2580)	/	2 )	/	10928	*	365
=	2635					/	10928	*	365
=	88.01

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

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (2580	+	2380)	/	2 )	/	2694	*	365 / 4
=	2480					/	2694	*	365 / 4
=	84.00

Amcor Days Payable Related Terms

Thank you for viewing the detailed overview of Amcor's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Amcor Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Amcor PLC (NYSE:AMCR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AMCCF:USA 485:Germany 485:Germany 485B:Germany A1CR34:Brazil AMC:Australia

Address

83 Tower Road North, Warmley, Bristol, GBR, BS30 8XP

Website

https://www.amcor.com

Amcor is a global producer of plastic packaging primarily for the fast-moving consumer goods industry. About 90% of earnings are exposed to the flexible packaging business. This is soft disposable plastic for a variety of food, drink, healthcare, and hygiene products. The remainder of earnings are from the Latin and North American rigids business, which is primarily beverage bottling for the soft drink industry. Operating in more than 35 countries, Amcor has market share in its established regions of North America, Latin America, Europe, and Asia-Pacific. About half of group sales are derived from North America and the remainder is split equally between Western Europe and emerging markets. Australia and New Zealand sales make up less than 5% of group sales.

Executives

Nicholas T. Long	director	C/O 9341 COURTLAND DRIVE NE, ROCKFORD MI 49351
Andrea E. Bertone	director	C/O CORP. SECRETARY, PEABODY ENERGY CORP, 701 MARKET STREET, ST. LOUIS MO 63101
Julie Marie Sorrells	officer: V.P. & Corporate Controller	83 TOWER ROAD NORTH, WARMLEY BRISTOL X0 BS30 8XP
Arun Nayar	director	9 MARSHAL LANE, WESTON CT 06883
Foufopoulos - De Ridder Lucrece	director	83 TOWER ROAD NORTH, WARMLEY, BRISTOL X0 BS30 8XP
Ian Wilson	officer: Executive Vice President	C/O AMCOR PLC, 83 TOWER ROAD NORTH, WARMLEY, BRISTOL X0 BS308XP
Louis Fred Stephan	officer: President, Amcor Flexibles NA	2301 INDUSTRIAL DRIVE, NEENAH WI 54956
Ronald Stephen Delia	officer: Chief Executive Officer	C/O AMCOR PLC, 83 TOWER ROAD NORTH, WARMLEY, BRISTOL X0 BS308XP
Michael J Zacka	officer: President, Amcor Flex Europe	83 TOWER ROAD NORTH, WARMLEY, BRISTOL X0 BS30 8XP
Eric V Roegner	officer: President,Amcor Rigid Plastics	ARCONIC INC., 390 PARK AVENUE, NEW YORK NY 10022-4608
Michael Casamento	officer: Executive VP, Finance & CFO	C/O AMCOR PLC, 83 TOWER ROAD NORTH, WARMLEY, BRISTOL X0 BS308XP
Gonzalez Susana Suarez	officer: Ex. VP & Chief Human Resources	521 WEST 57TH STREET, NEW YORK NY 10019
Deborah Rasin	officer: General Counsel	TWO PRUDENTIAL PLAZA, SUITE 4100, CHICAGO IL 60601
Achal Agarwal	director	P.O. BOX 61900, DALLAS TX 75261-9100
Susan K Carter	director	C/O INGERSOLL-RAND COMPANY, 800-E BEATY STREET, DAVIDSON NC 28036