Cherkizovo Group PJSC (MIC:GCHE) Days Payable: 47.86 (As of Dec. 2023)

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MIC:GCHE Cherkizovo Group PJSC MIC:GCHE
17 GF Score
Price ₽2,960.00
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What is Cherkizovo Group PJSC Days Payable?

Cherkizovo Group PJSC MIC:GCHE -0.84% 17 Days Payable is 47.86 as of Dec. 2023. GuruFocus rates MIC:GCHE with a GF Score™ of 17/100.

Cherkizovo Group PJSC's average Accounts Payable for the six months ended in Dec. 2023 was ₽21,894 Mil. Cherkizovo Group PJSC's Cost of Goods Sold for the six months ended in Dec. 2023 was ₽83,480 Mil. Hence, Cherkizovo Group PJSC's Days Payable for the six months ended in Dec. 2023 was 47.86.

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

MIC:GCHE's Days Payable is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 44.15
* Ranked among companies with meaningful Days Payable only.

Cherkizovo Group PJSC's Days Payable increased from Dec. 2022 (40.57) to Dec. 2023 (47.86). It may suggest that Cherkizovo Group PJSC delayed paying its suppliers.

Cherkizovo Group PJSC Days Payable Historical Data

* Premium members only.

The historical data trend for Cherkizovo Group PJSC'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.

Cherkizovo Group PJSC Days Payable Chart

Cherkizovo Group PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.60 54.05 52.55 49.55 53.54

Cherkizovo Group PJSC 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 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 44.52 39.49 40.57 51.54 47.86

MIC:GCHE vs KHC, GIS, K: Days Payable Comparison

For the Packaged Foods subindustry, Cherkizovo Group PJSC'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.

Cherkizovo Group PJSC Days Payable vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Cherkizovo Group PJSC's Days Payable falls into.


MIC:GCHE
17GF Score
Cherkizovo Group PJSC MIC:GCHE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Cherkizovo Group PJSC 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.

Cherkizovo Group PJSC'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
=( (20340 + 24653) / 2 ) / 153363*365
=22496.5 / 153363*365
=53.54

Cherkizovo Group PJSC'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
=( (19135 + 24653) / 2 ) / 83480*365 / 2
=21894 / 83480*365 / 2
=47.86

* 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 47.86 mean?
Cherkizovo Group PJSC (MIC:GCHE) has a Days Payable of 47.86 as of Dec. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Cherkizovo Group PJSC and its competitors.
Is Cherkizovo Group PJSC's Days Payable too high?
Cherkizovo Group PJSC's current Days Payable is 47.86. The Consumer Packaged Goods industry median Days Payable is 44.15. Cherkizovo Group PJSC's value of 47.86 is 8.4% above this industry median. Overall, Cherkizovo Group PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Cherkizovo Group PJSC's Days Payable compare to KHC and GIS?
Cherkizovo Group PJSC's Days Payable of 47.86 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Payable is 44.15. Cherkizovo Group PJSC's value of 47.86 is 8.4% above this benchmark. 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 44.15, based on 1,889 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. Cherkizovo Group PJSC's current Days Payable of 47.86 is 8.4% 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 Cherkizovo Group PJSC and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cherkizovo Group PJSC's current Days Payable is 47.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cherkizovo Group PJSC stock overvalued right now?
Cherkizovo Group PJSC (MIC:GCHE) has a current Days Payable of 47.86. The current Days Payable is 47.86 and 8.4% above the Consumer Packaged Goods industry median of 44.15. Cherkizovo Group PJSC's overall GF Score™ is 17/100. 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 Cherkizovo Group PJSC (MIC:GCHE), the current Days Payable is 47.86 as of Dec. 2023. 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.

Cherkizovo Group PJSC Business Description

Address 1, Cherkizovskaya Street, Topkanovo Village, Kashira, Moscow, RUS, 142931
Cherkizovo Group PJSC is an integrated diversified meat producer in the Russian Federation. Its business segments are Meat Processing, Chicken, Pork, Grain, and Other. The company generates maximum revenue from the Poultry segment. Its Poultry segment operations consist of breeding, raising and processing broilers, as well as sales of chilled and frozen chicken products. The Meat processing segment operations include the production of two distinct product lines: the Sausages product line, which comprises a wide range of processed meat products, including sausages, ham, hot dogs, and the Pork product line, which comprises production and sales of pork meat.
17GF Score

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