FREEW (Whole Earth Brands) Days Payable: 47.63 (As of Jun. 2024) — Near Median

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FREEW Whole Earth Brands Inc FREEW
12 GF Score
Price $0.07
! 6 Warning Signs
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What is Whole Earth Brands Days Payable?

Whole Earth Brands FREEW +3.82% 12 Days Payable is 47.63 as of Jun. 2024, which is 3% above its 10-year median of 46.43. GuruFocus rates FREEW with a GF Score™ of 12/100. The stock has 6 warning signs investors should review.

Whole Earth Brands's average Accounts Payable for the three months ended in Jun. 2024 was $50.01 Mil. Whole Earth Brands's Cost of Goods Sold for the three months ended in Jun. 2024 was $95.81 Mil. Hence, Whole Earth Brands's Days Payable for the three months ended in Jun. 2024 was 47.63.

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

FREEW' s Days Payable Range Over the Past 10 Years
Min: 43.76   Med: 46.43   Max: 58.53
Current: 48

During the past 6 years, Whole Earth Brands's highest Days Payable was 58.53. The lowest was 43.76. And the median was 46.43.

FREEW's Days Payable is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 44.27 vs FREEW: 48.00

Whole Earth Brands's Days Payable increased from Jun. 2023 (47.40) to Jun. 2024 (47.63). It may suggest that Whole Earth Brands delayed paying its suppliers.


Whole Earth Brands Days Payable Historical Data

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The historical data trend for Whole Earth Brands'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.

Whole Earth Brands Days Payable Chart

Whole Earth Brands Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 58.53 0.00 43.76 46.85 46.01

Whole Earth Brands Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 47.40 49.18 44.03 56.54 47.63

FREEW vs MAMA, LWAY, FTLF: Days Payable Comparison

For the Packaged Foods subindustry, Whole Earth Brands'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.


Whole Earth Brands Days Payable vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Whole Earth Brands's Days Payable falls into.


FREEW
12GF Score
Whole Earth Brands Inc FREEW
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Whole Earth Brands 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.

Whole Earth Brands'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
=( (47.002 + 55.662) / 2 ) / 407.236*365
=51.332 / 407.236*365
=46.01

Whole Earth Brands's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (58.592 + 41.42) / 2 ) / 95.811*365 / 4
=50.006 / 95.811*365 / 4
=47.63

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 47.63 mean?
Whole Earth Brands (FREEW) has a Days Payable of 47.63 as of Jun. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Whole Earth Brands and its competitors. This is near median its historical median of 46.43. Over the past decade, Whole Earth Brands' Days Payable has ranged from 43.76 to 58.53.
Is Whole Earth Brands' Days Payable too high?
Whole Earth Brands' current Days Payable of 47.63 is near median its 10-year median of 46.43. Over the past 10 years, this metric has ranged from a low of 43.76 to a high of 58.53. The Consumer Packaged Goods industry median Days Payable is 44.27. Whole Earth Brands' value of 47.63 is 7.6% above this industry median. Overall, Whole Earth Brands has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Whole Earth Brands' Days Payable compare to MAMA and LWAY?
Whole Earth Brands' Days Payable of 47.63 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Payable is 44.27. Whole Earth Brands' value of 47.63 is 7.6% above this benchmark. Historically, Whole Earth Brands' own Days Payable has ranged from 43.76 to 58.53 over the past decade. While the company's 10-year median is 46.43 vs. the industry median of 44.27, Whole Earth Brands has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.27, based on 1,903 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Whole Earth Brands's current Days Payable of 47.63 is 7.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Whole Earth Brands and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Whole Earth Brands's current Days Payable is 47.63, which is near median its own 10-year median of 46.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Whole Earth Brands stock overvalued right now?
Whole Earth Brands (FREEW) has a current Days Payable of 47.63. The current Days Payable is 47.63, which is near median its 10-year median of 46.43 and 7.6% above the Consumer Packaged Goods industry median of 44.27. Whole Earth Brands' overall GF Score™ is 12/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Whole Earth Brands (FREEW), the current Days Payable is 47.63 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Whole Earth Brands Business Description

Address 125 South Wacker Drive, Suite 1250, Chicago, IL, USA, 60606
Whole Earth Brands Inc is a food company that provides access to high-quality, plant-based sweeteners, flavor enhancers and other foods through diverse portfolio of brands and products. The company operates in two segments namely, Branded CPG and Flavors & Ingredients. Its portfolio consists of three main product groups: sweeteners, adjacencies, and ingredients. Majority of the revenue is generated from the Branded CPG segment which provides a variety of sweetener formulations under brands such as Whole Earth, Pure Via, Wholesome, Swerve, Canderel, and Equal. Geographically, the company derives key revenue from North America and rest from Europe, Latin America, India, Middle East and Africa and other markets.
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