Mr Price Group (JSE:MRP) Days Payable : 85.06 (As of Sep. 2023)

View and export this data going back to 1952. Start your Free Trial

What is Mr Price Group Days Payable?

Mr Price Group's average Accounts Payable for the six months ended in Sep. 2023 was R4,625 Mil. Mr Price Group's Cost of Goods Sold for the six months ended in Sep. 2023 was R9,922 Mil. Hence, Mr Price Group's Days Payable for the six months ended in Sep. 2023 was 85.06.

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

JSE:MRP' s Days Payable Range Over the Past 10 Years
Min: 24.68 Med: 32.07 Max: 70.22
Current: 70.22

During the past 13 years, Mr Price Group's highest Days Payable was 70.22. The lowest was 24.68. And the median was 32.07.

JSE:MRP's Days Payable is ranked better than
59.18% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 56.94 vs JSE:MRP: 70.22

Mr Price Group's Days Payable increased from Sep. 2022 (54.58) to Sep. 2023 (85.06). It may suggest that Mr Price Group delayed paying its suppliers.

Mr Price Group Days Payable Historical Data

The historical data trend for Mr Price Group'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.

Mr Price Group Days Payable Chart

Mr Price Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

25.87

32.39

37.01

29.37

46.65

Mr Price Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															48.63	42.52	54.58	52.72	85.06

Competitive Comparison of Mr Price Group's Days Payable

For the Apparel Retail subindustry, Mr Price Group'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.

Mr Price Group's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mr Price Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Mr Price Group's Days Payable falls into.

Mr Price Group 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.

Mr Price Group's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (1363	+	3530)	/	2 )	/	19144	*	365
=	2446.5					/	19144	*	365
=	46.65

Mr Price Group's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (3530	+	5719)	/	2 )	/	9922	*	365 / 2
=	4624.5					/	9922	*	365 / 2
=	85.06

Mr Price Group Days Payable Related Terms

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

Mr Price Group (JSE:MRP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Mr Price Group Ltd (JSE:MRP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MRPLY:USA

Address

65 Masabalala Yengwa Avenue, Upper Level Durban Station Complex, Stamford Hill, North Concourse, Durban, NL, ZAF, 4001

Website

https://www.mrpricegroup.com

Mr Price Group Ltd is a retailer that sells proprietary-branded apparel and home goods through more than a thousand stores and online channels. It operates almost exclusively in Africa, with the vast majority of sales coming from South Africa. Its stores are concept-specific: mrp, the company's primary store, sells clothes, shoes, and accessories targeting young men and women; mrpSport stores sell sports apparel, equipment, footwear, and accessories; Miladys sells clothing for family-oriented women; mrpHome sells homeware and furniture, and Sheet Street sells home textile and decor products.

Mr Price Group (JSE:MRP) Headlines

No Headlines