Ricegrowers (ASX:SGLLV) Days Payable : 98.81 (As of Oct. 2023)

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What is Ricegrowers Days Payable?

Ricegrowers's average Accounts Payable for the six months ended in Oct. 2023 was A$300 Mil. Ricegrowers's Cost of Goods Sold for the six months ended in Oct. 2023 was A$554 Mil. Hence, Ricegrowers's Days Payable for the six months ended in Oct. 2023 was 98.81.

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

ASX:SGLLV' s Days Payable Range Over the Past 10 Years
Min: 67.62 Med: 80.53 Max: 112.68
Current: 112.68

During the past 5 years, Ricegrowers's highest Days Payable was 112.68. The lowest was 67.62. And the median was 80.53.

ASX:SGLLV's Days Payable is ranked better than
85.28% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.59 vs ASX:SGLLV: 112.68

Ricegrowers's Days Payable declined from Oct. 2022 (130.92) to Oct. 2023 (98.81). It may suggest that Ricegrowers accelerated paying its suppliers.

Ricegrowers Days Payable Historical Data

The historical data trend for Ricegrowers'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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Ricegrowers Days Payable Chart

Ricegrowers Annual Data

Trend

Apr19

Apr20

Apr21

Apr22

Apr23

Days Payable

67.62

75.95

85.69

80.53

86.26

Ricegrowers Semi-Annual Data
	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Days Payable	Get a 7-Day Free Trial					102.90	86.66	130.92	110.53	98.81

Competitive Comparison of Ricegrowers's Days Payable

For the Farm Products subindustry, Ricegrowers'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.

Ricegrowers's Days Payable Distribution in the Consumer Packaged Goods Industry

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

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

Ricegrowers 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.

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

	Days Payable (A: Apr. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Apr. 2022 )	+	Accounts Payable (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (217.672	+	238.067)	/	2 )	/	964.214	*	365
=	227.8695					/	964.214	*	365
=	86.26

Ricegrowers's Days Payable for the quarter that ended in Oct. 2023 is calculated as:

	Days Payable (Q: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Apr. 2023 )	+	Accounts Payable (Q: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
=	( (238.067	+	361.675)	/	2 )	/	553.841	*	365 / 2
=	299.871					/	553.841	*	365 / 2
=	98.81

Ricegrowers Days Payable Related Terms

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Ricegrowers (ASX:SGLLV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ricegrowers Ltd (ASX:SGLLV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

7H0:Germany

Address

57 Yanco Avenue, Leeton, NSW, AUS, 2705

Website

https://www.sunrice.com.au

Ricegrowers Ltd is engaged in offering varieties of rice and related products. The business activities of the company are operated under Rice Food, International Rice, Rice Food, Riviana, CopRice, and Corporate segments. The principal activities of the company and its entities consist of the purchase and storage of paddy rice, the milling, processing, manufacturing, procurement, distribution, and marketing of rice and related products, animal feed and nutrition products, groceries, and others. The company generates maximum revenue from the International Rice segment.

Ricegrowers (ASX:SGLLV) Headlines

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