Amcor (ASX:AMC) Days Payable : 80.37 (As of Dec. 2024)

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What is Amcor Days Payable?

Amcor's average Accounts Payable for the three months ended in Dec. 2024 was A$3,637 Mil. Amcor's Cost of Goods Sold for the three months ended in Dec. 2024 was A$4,129 Mil. Hence, Amcor's Days Payable for the three months ended in Dec. 2024 was 80.37.

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

ASX:AMC' s Days Payable Range Over the Past 10 Years
Min: 80.19 Med: 93.13 Max: 127.25
Current: 80.19

During the past 13 years, Amcor's highest Days Payable was 127.25. The lowest was 80.19. And the median was 93.13.

ASX:AMC's Days Payable is ranked better than
67.62% of 383 companies
in the Packaging & Containers industry
Industry Median: 59.74 vs ASX:AMC: 80.19

Amcor's Days Payable declined from Dec. 2023 (80.63) to Dec. 2024 (80.37). It may suggest that Amcor accelerated 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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81.95

89.71

84.67

85.77

87.53

Amcor Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															80.63	75.27	78.79	84.86	80.37

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.

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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
=	( (4008.1	+	3885.48)	/	2 )	/	16457.568	*	365
=	3946.79					/	16457.568	*	365
=	87.53

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

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (3515.26	+	3758.02)	/	2 )	/	4129.085	*	365 / 4
=	3636.64					/	4129.085	*	365 / 4
=	80.37

Amcor Days Payable Related Terms

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Amcor Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

AMCR:USA AMCCF:USA 485:Germany 485:Germany 485B:Germany 485B:Germany A1CR34:Brazil

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.