GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Renewi PLC (LSE:RWI) » Definitions » Days Payable

Renewi (LSE:RWI) Days Payable : 75.99 (As of Sep. 2023)


View and export this data going back to 1988. Start your Free Trial

What is Renewi Days Payable?

Renewi's average Accounts Payable for the six months ended in Sep. 2023 was £269 Mil. Renewi's Cost of Goods Sold for the six months ended in Sep. 2023 was £647 Mil. Hence, Renewi's Days Payable for the six months ended in Sep. 2023 was 75.99.

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

LSE:RWI' s Days Payable Range Over the Past 10 Years
Min: 27.21   Med: 51.6   Max: 88.5
Current: 88.5

During the past 13 years, Renewi's highest Days Payable was 88.50. The lowest was 27.21. And the median was 51.60.

LSE:RWI's Days Payable is ranked better than
55.75% of 226 companies
in the Waste Management industry
Industry Median: 72.98 vs LSE:RWI: 88.50

Renewi's Days Payable increased from Sep. 2022 (74.25) to Sep. 2023 (75.99). It may suggest that Renewi delayed paying its suppliers.


Renewi Days Payable Historical Data

The historical data trend for Renewi'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.

Renewi Days Payable Chart

Renewi Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.55 44.40 41.99 31.10 27.21

Renewi 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 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 79.58 75.74 74.25 71.41 75.99

Competitive Comparison of Renewi's Days Payable

For the Waste Management subindustry, Renewi'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.


Renewi's Days Payable Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Renewi's Days Payable distribution charts can be found below:

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



Renewi 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.

Renewi'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
=( (98.051 + 106.926) / 2 ) / 1375.039*365
=102.4885 / 1375.039*365
=27.21

Renewi'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
=( (106.926 + 431.681) / 2 ) / 646.745*365 / 2
=269.3035 / 646.745*365 / 2
=75.99

* 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.


Renewi Days Payable Related Terms

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


Renewi (LSE:RWI) Business Description

Traded in Other Exchanges
Address
Wavendon Business Park, Wavendon, Milton Keynes, Buckinghamshire, GBR, MK17 8LX
Renewi PLC is a waste-to-product company providing services such as collection, recycling, and treatment of commercial waste, reprocessing and recycling of contaminated soil and materials. The company's segment includes Commercial Waste, Mineralz & Water, Specialities and Group central services. It generates maximum revenue from the Commercial Waste segment. Geographically, it derives most of the revenue from the Netherlands and also has a presence in Belgium, UK, France, and Other Countries.

Renewi (LSE:RWI) Headlines

No Headlines