MRVSY (Minerva) Days Payable : 60.36 (As of Dec. 2024)

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What is Minerva Days Payable?

Minerva's average Accounts Payable for the three months ended in Dec. 2024 was $930 Mil. Minerva's Cost of Goods Sold for the three months ended in Dec. 2024 was $1,406 Mil. Hence, Minerva's Days Payable for the three months ended in Dec. 2024 was 60.36.

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

MRVSY' s Days Payable Range Over the Past 10 Years
Min: 24.94 Med: 37.21 Max: 66.6
Current: 61.32

During the past 13 years, Minerva's highest Days Payable was 66.60. The lowest was 24.94. And the median was 37.21.

MRVSY's Days Payable is ranked better than
64.75% of 1830 companies
in the Consumer Packaged Goods industry
Industry Median: 45.835 vs MRVSY: 61.32

Minerva's Days Payable declined from Dec. 2023 (62.14) to Dec. 2024 (60.36). It may suggest that Minerva accelerated paying its suppliers.

Minerva Days Payable Historical Data

The historical data trend for Minerva'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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Minerva Days Payable Chart

Minerva Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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47.49

51.52

50.43

59.89

72.76

Minerva Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															62.14	61.11	64.30	61.40	60.36

Competitive Comparison of Minerva's Days Payable

For the Farm Products subindustry, Minerva'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.

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

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

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

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Minerva 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.

Minerva'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
=	( (760.755	+	1007.875)	/	2 )	/	4436.257	*	365
=	884.315					/	4436.257	*	365
=	72.76

Minerva'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: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (852.529	+	1007.875)	/	2 )	/	1406.361	*	365 / 4
=	930.202					/	1406.361	*	365 / 4
=	60.36

Minerva Days Payable Related Terms

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Minerva Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Minerva SA (OTCPK:MRVSY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

M0V:Germany BEEF3:Brazil

Address

Avenida Antonio Manco Bernardes s/n, Chacara Minerva, Barretos, SP, BRA, 14781-545

Website

https://www.minervafoods.com

Minerva SA produces and markets beef and other meat products out of South America. The company's activities include the slaughtering of livestock and processing of meat, the sale of fresh chilled, frozen, and processed meat and the exporting of live cattle. It has several different facilities to help with processing. Slaughtering and boning plants acquire the livestock and kick-start the process. A processing plant works on turning raw materials into finished products, and distribution centers are located around the globe to ensure quality and timely deliveries. International trading offices are strategically placed to help strengthen relationships in different regions.