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CRWKF (Cranswick) Days Payable : 39.91 (As of Sep. 2024)


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What is Cranswick Days Payable?

Cranswick's average Accounts Payable for the six months ended in Sep. 2024 was $327 Mil. Cranswick's Cost of Goods Sold for the six months ended in Sep. 2024 was $1,495 Mil. Hence, Cranswick's Days Payable for the six months ended in Sep. 2024 was 39.91.

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

CRWKF' s Days Payable Range Over the Past 10 Years
Min: 27.01   Med: 29.56   Max: 42.28
Current: 42.28

During the past 13 years, Cranswick's highest Days Payable was 42.28. The lowest was 27.01. And the median was 29.56.

CRWKF's Days Payable is ranked worse than
54.45% of 1820 companies
in the Consumer Packaged Goods industry
Industry Median: 45.78 vs CRWKF: 42.28

Cranswick's Days Payable increased from Sep. 2023 (38.94) to Sep. 2024 (39.91). It may suggest that Cranswick delayed paying its suppliers.

Cranswick Days Payable Historical Data

The historical data trend for Cranswick'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.

* Premium members only.

Cranswick Days Payable Chart

Cranswick Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.04 26.79 39.77 38.66 27.93

Cranswick Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 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 51.32 36.42 38.94 36.75 39.91

Competitive Comparison of Cranswick's Days Payable

For the Packaged Foods subindustry, Cranswick'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.

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

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

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


Cranswick 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.

Cranswick's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (203.398 + 228.717) / 2 ) / 2823.888*365
=216.0575 / 2823.888*365
=27.93

Cranswick'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: Mar. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (228.717 + 425) / 2 ) / 1494.577*365 / 2
=326.8585 / 1494.577*365 / 2
=39.91

* 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.

Cranswick Days Payable Related Terms

Thank you for viewing the detailed overview of Cranswick's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Cranswick Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Cranswick PLC (OTCPK:CRWKF) » Definitions » Days Payable
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Traded in Other Exchanges
CWKl:UK CWK:UK 0U6:Germany 0U6:Germany
Address
Ferriby Road, Crane Court, Hesslewood Country Office Park, East Yorkshire, Hessle, GBR, HU13 0PA
Website
https://www.cranswick.plc.uk
Cranswick PLC is a British supplier of fresh pork, sausages, and cooked meats through retail, food service, and manufacturing channels. The company operates through its food segment, which manufactures and supplies products to United Kingdom grocery retailers, the food-service sector, and other food producers. It has also started supplying pet food. Retail customers contribute about three-fourths of the company's total revenue, through retailers' own-label products. Cranswick's operations are focused on the production and supply of premium food products and are located in the U.K., with a small proportion of exports across continental Europe, and other parts of the world. The company is also engaged in pig-breeding and rearing operations.