DGL Group (ASX:DGL) Days Payable : 44.86 (As of Jun. 2024)

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What is DGL Group Days Payable?

DGL Group's average Accounts Payable for the six months ended in Jun. 2024 was A$36.1 Mil. DGL Group's Cost of Goods Sold for the six months ended in Jun. 2024 was A$147.0 Mil. Hence, DGL Group's Days Payable for the six months ended in Jun. 2024 was 44.86.

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

ASX:DGL' s Days Payable Range Over the Past 10 Years
Min: 42.51 Med: 49.7 Max: 52.57
Current: 44.73

During the past 4 years, DGL Group's highest Days Payable was 52.57. The lowest was 42.51. And the median was 49.70.

ASX:DGL's Days Payable is ranked worse than
66.53% of 1503 companies
in the Chemicals industry
Industry Median: 60.18 vs ASX:DGL: 44.73

DGL Group's Days Payable increased from Jun. 2023 (40.17) to Jun. 2024 (44.86). It may suggest that DGL Group delayed paying its suppliers.

DGL Group Days Payable Historical Data

The historical data trend for DGL Group'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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DGL Group Days Payable Chart

DGL Group Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Days Payable

49.45

52.57

49.95

42.51

DGL Group Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial			65.58	64.15	40.17	47.13	44.86

Competitive Comparison of DGL Group's Days Payable

For the Specialty Chemicals subindustry, DGL Group'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.

DGL Group's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, DGL Group's Days Payable distribution charts can be found below:

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

DGL Group 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.

DGL Group'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
=	( (25.831	+	36.212)	/	2 )	/	266.337	*	365
=	31.0215					/	266.337	*	365
=	42.51

DGL Group's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (36.037	+	36.212)	/	2 )	/	146.976	*	365 / 2
=	36.1245					/	146.976	*	365 / 2
=	44.86

DGL Group Days Payable Related Terms

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DGL Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » DGL Group Ltd (ASX:DGL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

80 George Street, Level 1, Parramatta, NSW, AUS, 2150

Website

https://www.dglgroup.com

DGL Group Ltd is an investment holding company. The company's segment includes Chemical Manufacturing, Logistics and Environmental Services. It generates maximum revenue from the Chemical Manufacturing segment. The Chemical Manufacturing segment produces its own range of speciality chemicals and undertaken formulation and contract manufacturing on behalf of third parties.