Ceylon Grain Elevators (COL:GRAN.N0000) Days Payable : 38.84 (As of Mar. 2024)

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What is Ceylon Grain Elevators Days Payable?

Ceylon Grain Elevators's average Accounts Payable for the three months ended in Mar. 2024 was රු1,791 Mil. Ceylon Grain Elevators's Cost of Goods Sold for the three months ended in Mar. 2024 was රු4,207 Mil. Hence, Ceylon Grain Elevators's Days Payable for the three months ended in Mar. 2024 was 38.84.

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

COL:GRAN.N0000' s Days Payable Range Over the Past 10 Years
Min: 3.4 Med: 7.87 Max: 45.07
Current: 45.07

During the past 13 years, Ceylon Grain Elevators's highest Days Payable was 45.07. The lowest was 3.40. And the median was 7.87.

COL:GRAN.N0000's Days Payable is ranked worse than
51.34% of 1792 companies
in the Consumer Packaged Goods industry
Industry Median: 46.105 vs COL:GRAN.N0000: 45.07

Ceylon Grain Elevators's Days Payable increased from Mar. 2023 (27.17) to Mar. 2024 (38.84). It may suggest that Ceylon Grain Elevators delayed paying its suppliers.

Ceylon Grain Elevators Days Payable Historical Data

The historical data trend for Ceylon Grain Elevators'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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Ceylon Grain Elevators Days Payable Chart

Ceylon Grain Elevators Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

3.40

5.94

6.43

9.72

9.31

Ceylon Grain Elevators Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															27.17	39.88	53.65	36.25	38.84

Competitive Comparison of Ceylon Grain Elevators's Days Payable

For the Farm Products subindustry, Ceylon Grain Elevators'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.

Ceylon Grain Elevators's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Ceylon Grain Elevators's Days Payable falls into.

Ceylon Grain Elevators 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.

Ceylon Grain Elevators's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (237.364	+	522.088)	/	2 )	/	14890.192	*	365
=	379.726					/	14890.192	*	365
=	9.31

Ceylon Grain Elevators's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (522.088	+	3059.08)	/	2 )	/	4207.161	*	365 / 4
=	1790.584					/	4207.161	*	365 / 4
=	38.84

Ceylon Grain Elevators Days Payable Related Terms

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Ceylon Grain Elevators (COL:GRAN.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ceylon Grain Elevators PLC (COL:GRAN.N0000) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 15, Rock House Lane, Colombo, LKA, 15

Website

https://www.prima.com.lk

Ceylon Grain Elevators PLC is engaged in poultry activities. Its segments include Milling and farming, Poultry breeding and commercial, and others. The majority of the revenue is generated from the Milling and farming segment which includes manufacturing and selling poultry feed, other animal feed, poultry processing, importing, and selling drugs and vaccines. The Poultry breeding and commercial segment include the breeding of commercial day-old chicks and broiler farming and provision of hatchery services and the Others segment includes the provision of warehouse facilities and trading.

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