Mpact (JSE:MPT) Days Payable : 97.47 (As of Dec. 2023)

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What is Mpact Days Payable?

Mpact's average Accounts Payable for the six months ended in Dec. 2023 was R1,873 Mil. Mpact's Cost of Goods Sold for the six months ended in Dec. 2023 was R3,508 Mil. Hence, Mpact's Days Payable for the six months ended in Dec. 2023 was 97.47.

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

JSE:MPT' s Days Payable Range Over the Past 10 Years
Min: 65.07 Med: 91.67 Max: 110.22
Current: 90.91

During the past 13 years, Mpact's highest Days Payable was 110.22. The lowest was 65.07. And the median was 91.67.

JSE:MPT's Days Payable is ranked better than
73.28% of 363 companies
in the Packaging & Containers industry
Industry Median: 59.64 vs JSE:MPT: 90.91

Mpact's Days Payable increased from Dec. 2022 (90.09) to Dec. 2023 (97.47). It may suggest that Mpact delayed paying its suppliers.

Mpact Days Payable Historical Data

The historical data trend for Mpact'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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Mpact Days Payable Chart

Mpact Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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77.94

75.76

65.07

67.10

72.87

Mpact Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															97.28	92.96	90.09	102.53	97.47

Competitive Comparison of Mpact's Days Payable

For the Packaging & Containers subindustry, Mpact'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.

Mpact's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Mpact's Days Payable distribution charts can be found below:

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

Mpact 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.

Mpact'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
=	( (1338.7	+	1379.2)	/	2 )	/	6806.5	*	365
=	1358.95					/	6806.5	*	365
=	72.87

Mpact's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (2367.7	+	1379.2)	/	2 )	/	3507.9	*	365 / 2
=	1873.45					/	3507.9	*	365 / 2
=	97.47

Mpact Days Payable Related Terms

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Mpact (JSE:MPT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Mpact Ltd (JSE:MPT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

4th Floor, 3 Melrose Arch Boulevard, Johannesburg, ZAF, 2196

Website

https://www.mpact.co.za

Mpact Ltd manufactures and sells a variety of paper and plastics packaging products. The company organizes itself into two segments based on product type. The paper segment, which generates the majority of revenue, sells corrugated and paper board products used for packaging. The paper is made from a combination of recycled materials and bagasse, a fiber residue of the sugar cane plant. The plastics segment sells polyethylene terephthalate bottles and jars used for carbonated soft drinks, water, and food, as well as plastic jumbo bins, pallets, and crates. The vast majority of revenue comes from South Africa.

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