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CBYDF (Corby Spirit and Wine) Days Payable : 107.18 (As of Sep. 2024)


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What is Corby Spirit and Wine Days Payable?

Corby Spirit and Wine's average Accounts Payable for the three months ended in Sep. 2024 was $27.9 Mil. Corby Spirit and Wine's Cost of Goods Sold for the three months ended in Sep. 2024 was $23.7 Mil. Hence, Corby Spirit and Wine's Days Payable for the three months ended in Sep. 2024 was 107.18.

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

CBYDF' s Days Payable Range Over the Past 10 Years
Min: 111.91   Med: 152.64   Max: 241.92
Current: 111.91

During the past 13 years, Corby Spirit and Wine's highest Days Payable was 241.92. The lowest was 111.91. And the median was 152.64.

CBYDF's Days Payable is ranked better than
59.61% of 203 companies
in the Beverages - Alcoholic industry
Industry Median: 81.41 vs CBYDF: 111.91

Corby Spirit and Wine's Days Payable declined from Sep. 2023 (126.67) to Sep. 2024 (107.18). It may suggest that Corby Spirit and Wine accelerated paying its suppliers.


Corby Spirit and Wine Days Payable Historical Data

The historical data trend for Corby Spirit and Wine'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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Corby Spirit and Wine Days Payable Chart

Corby Spirit and Wine Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 146.76 175.33 236.80 246.22 149.89

Corby Spirit and Wine 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 126.67 123.70 138.06 96.35 107.18

Competitive Comparison of Corby Spirit and Wine's Days Payable

For the Beverages - Wineries & Distilleries subindustry, Corby Spirit and Wine'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.


Corby Spirit and Wine's Days Payable Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Corby Spirit and Wine's Days Payable distribution charts can be found below:

* The bar in red indicates where Corby Spirit and Wine's Days Payable falls into.



Corby Spirit and Wine 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.

Corby Spirit and Wine'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
=( (36.202 + 32.05) / 2 ) / 83.099*365
=34.126 / 83.099*365
=149.89

Corby Spirit and Wine'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
=( (32.05 + 23.732) / 2 ) / 23.746*365 / 4
=27.891 / 23.746*365 / 4
=107.18

* 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.


Corby Spirit and Wine Days Payable Related Terms

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Corby Spirit and Wine Business Description

Traded in Other Exchanges
Address
225 King Street West, Suite 1100, Toronto, ON, CAN, M5V 3M2
Corby Spirit and Wine Ltd is a Canadian manufacturer, marketer and importer of spirits and wines. The company derives its revenues from the sale of its owned-brands in Canada and other international markets, as well as earning commissions from the representation of selected non-owned brands in the Canadian marketplace. The company also supplements these primary sources of revenue with other ancillary activities incidental to its core business, such as logistics fees. The company has two reportable segments: Case Goods and Commissions. The Case Goods segment derives its revenue from the production and distribution of its owned beverage alcohol brands. The Commissions segment earns commission income from the representation of non-owned beverage alcohol brands in Canada.