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Marudai Food Co (FRA:MFL) Days Payable : 49.73 (As of Mar. 2024)


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What is Marudai Food Co Days Payable?

Marudai Food Co's average Accounts Payable for the three months ended in Mar. 2024 was €153 Mil. Marudai Food Co's Cost of Goods Sold for the three months ended in Mar. 2024 was €280 Mil. Hence, Marudai Food Co's Days Payable for the three months ended in Mar. 2024 was 49.73.

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

FRA:MFL' s Days Payable Range Over the Past 10 Years
Min: 39.71   Med: 43.64   Max: 46.23
Current: 43.82

During the past 13 years, Marudai Food Co's highest Days Payable was 46.23. The lowest was 39.71. And the median was 43.64.

FRA:MFL's Days Payable is ranked worse than
52.91% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 46.08 vs FRA:MFL: 43.82

Marudai Food Co's Days Payable increased from Mar. 2023 (48.39) to Mar. 2024 (49.73). It may suggest that Marudai Food Co delayed paying its suppliers.


Marudai Food Co Days Payable Historical Data

The historical data trend for Marudai Food 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.

* Premium members only.

Marudai Food Co Days Payable Chart

Marudai Food Co 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 43.15 43.99 40.42 41.62 43.34

Marudai Food Co 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 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 48.39 43.20 44.25 44.41 49.73

Competitive Comparison of Marudai Food Co's Days Payable

For the Packaged Foods subindustry, Marudai Food 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.


Marudai Food Co's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Marudai Food Co's Days Payable falls into.



Marudai Food 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.

Marudai Food Co'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
=( (145.022 + 138.112) / 2 ) / 1192.118*365
=141.567 / 1192.118*365
=43.34

Marudai Food Co'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
=( (167.24 + 138.112) / 2 ) / 280.166*365 / 4
=152.676 / 280.166*365 / 4
=49.73

* 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.


Marudai Food Co Days Payable Related Terms

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Marudai Food Co (FRA:MFL) Business Description

Traded in Other Exchanges
Address
21-3, Midori-cho, Takatsuki-shi, Osaka, JPN
Marudai Food Co Ltd is a food manufacturing company, which through its subsidiaries, is engaged in the manufacturing and sale of hams and sausages, including bone-less hams, bacon, wiener sausages, fish hams and sausages.