Macro Group Pharmaceuticals (Macro Capital) Co (CAI:MCRO) Days Payable : 89.86 (As of Sep. 2023)

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What is Macro Group Pharmaceuticals (Macro Capital) Co Days Payable?

Macro Group Pharmaceuticals (Macro Capital) Co's average Accounts Payable for the three months ended in Sep. 2023 was E£66.0 Mil. Macro Group Pharmaceuticals (Macro Capital) Co's Cost of Goods Sold for the three months ended in Sep. 2023 was E£67.0 Mil. Hence, Macro Group Pharmaceuticals (Macro Capital) Co's Days Payable for the three months ended in Sep. 2023 was 89.86.

The historical rank and industry rank for Macro Group Pharmaceuticals (Macro Capital) Co's Days Payable or its related term are showing as below:

CAI:MCRO' s Days Payable Range Over the Past 10 Years
Min: 113.19 Med: 114.53 Max: 148.7
Current: 148.7

During the past 3 years, Macro Group Pharmaceuticals (Macro Capital) Co's highest Days Payable was 148.70. The lowest was 113.19. And the median was 114.53.

CAI:MCRO's Days Payable is ranked better than
89.8% of 1794 companies
in the Consumer Packaged Goods industry
Industry Median: 46.18 vs CAI:MCRO: 148.70

Macro Group Pharmaceuticals (Macro Capital) Co's Days Payable declined from Mar. 2022 (119.63) to Sep. 2023 (89.86). It may suggest that Macro Group Pharmaceuticals (Macro Capital) Co accelerated paying its suppliers.

Macro Group Pharmaceuticals (Macro Capital) Co Days Payable Historical Data

The historical data trend for Macro Group Pharmaceuticals (Macro Capital) Co'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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Macro Group Pharmaceuticals (Macro Capital) Co Days Payable Chart

Macro Group Pharmaceuticals (Macro Capital) Co Annual Data

Trend

Dec20

Dec21

Dec22

Days Payable

115.87

113.19

Macro Group Pharmaceuticals (Macro Capital) Co Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Sep23
Days Payable	Get a 7-Day Free Trial						119.63	88.74	85.64	113.21	89.86

Competitive Comparison of Macro Group Pharmaceuticals (Macro Capital) Co's Days Payable

For the Household & Personal Products subindustry, Macro Group Pharmaceuticals (Macro Capital) Co'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.

Macro Group Pharmaceuticals (Macro Capital) Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Macro Group Pharmaceuticals (Macro Capital) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Macro Group Pharmaceuticals (Macro Capital) Co's Days Payable falls into.

Macro Group Pharmaceuticals (Macro Capital) Co 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.

Macro Group Pharmaceuticals (Macro Capital) Co's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (38.217	+	65.958)	/	2 )	/	167.969	*	365
=	52.0875					/	167.969	*	365
=	113.19

Macro Group Pharmaceuticals (Macro Capital) Co's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (65.958	+	0)	/	1 )	/	66.979	*	365 / 4
=	65.958					/	66.979	*	365 / 4
=	89.86

Macro Group Pharmaceuticals (Macro Capital) Co Days Payable Related Terms

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Macro Group Pharmaceuticals (Macro Capital) Co (CAI:MCRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Macro Group Pharmaceuticals (Macro Capital) Co (CAI:MCRO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

83, Al Moltaka Al Arabi, Sheraton, Cairo, EGY

Website

https://www.macro-egy.com

Macro Group Pharmaceuticals (Macro Capital) Co is principally engaged in the manufacture and sale of cosmeceutical and ventured into nutraceutical products.