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Glanbia (MEX:GLB N) Days Payable : 54.25 (As of Dec. 2024)


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What is Glanbia Days Payable?

Glanbia's average Accounts Payable for the six months ended in Dec. 2024 was MXN9,071 Mil. Glanbia's Cost of Goods Sold for the six months ended in Dec. 2024 was MXN30,518 Mil. Hence, Glanbia's Days Payable for the six months ended in Dec. 2024 was 54.25.

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

MEX:GLB N' s Days Payable Range Over the Past 10 Years
Min: 25.43   Med: 41.19   Max: 64.83
Current: 55.06

During the past 13 years, Glanbia's highest Days Payable was 64.83. The lowest was 25.43. And the median was 41.19.

MEX:GLB N's Days Payable is ranked better than
57.46% of 1829 companies
in the Consumer Packaged Goods industry
Industry Median: 48.29 vs MEX:GLB N: 55.06

Glanbia's Days Payable increased from Dec. 2023 (39.15) to Dec. 2024 (54.25). It may suggest that Glanbia delayed paying its suppliers.


Glanbia Days Payable Historical Data

The historical data trend for Glanbia'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.

Glanbia Days Payable Chart

Glanbia Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.43 46.54 43.71 30.65 39.08

Glanbia Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 45.26 41.97 39.15 64.62 54.25

Competitive Comparison of Glanbia's Days Payable

For the Packaged Foods subindustry, Glanbia'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.


Glanbia's Days Payable Distribution in the Consumer Packaged Goods Industry

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

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


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Glanbia 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.

Glanbia's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (4756.184 + 7186.874) / 2 ) / 55774.398*365
=5971.529 / 55774.398*365
=39.08

Glanbia's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (10955.422 + 7186.874) / 2 ) / 30518.145*365 / 2
=9071.148 / 30518.145*365 / 2
=54.25

* 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.


Glanbia Days Payable Related Terms

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Glanbia Business Description

Address
Ring Road, Glanbia House, Kilkenny, IRL, R95 E866
Glanbia PLC is a ingredient and branded performance nutrition manufacturer company. Company offer an incredible breadth of expertise in nutrition. It works with food and beverage companies and sell the products across the globe . The company segments include Glanbia Performance Nutrition, Glanbia Nutritionals and All other segments. The company generates majority of the revenue from Glanbia Nutritional segment.

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