Guinness Nigeria (NSA:GUIN) Days Payable : 74.33 (As of Sep. 2023)

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What is Guinness Nigeria Days Payable?

Guinness Nigeria's average Accounts Payable for the three months ended in Sep. 2023 was ₦33,723 Mil. Guinness Nigeria's Cost of Goods Sold for the three months ended in Sep. 2023 was ₦41,399 Mil. Hence, Guinness Nigeria's Days Payable for the three months ended in Sep. 2023 was 74.33.

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

NSA:GUIN' s Days Payable Range Over the Past 10 Years
Min: 75.39 Med: 90.8 Max: 209.35
Current: 87.2

During the past 13 years, Guinness Nigeria's highest Days Payable was 209.35. The lowest was 75.39. And the median was 90.80.

NSA:GUIN's Days Payable is ranked better than
55.17% of 203 companies
in the Beverages - Alcoholic industry
Industry Median: 80.27 vs NSA:GUIN: 87.20

Guinness Nigeria's Days Payable declined from Sep. 2022 (94.21) to Sep. 2023 (74.33). It may suggest that Guinness Nigeria accelerated paying its suppliers.

Guinness Nigeria Days Payable Historical Data

The historical data trend for Guinness Nigeria'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.

Guinness Nigeria Days Payable Chart

Guinness Nigeria Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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81.39

91.65

75.39

89.95

82.10

Guinness Nigeria Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															94.21	91.87	106.20	83.90	74.33

Competitive Comparison of Guinness Nigeria's Days Payable

For the Beverages - Brewers subindustry, Guinness Nigeria'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.

Guinness Nigeria's Days Payable Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Guinness Nigeria's Days Payable distribution charts can be found below:

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

Guinness Nigeria 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.

Guinness Nigeria's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (33698.961	+	34368.756)	/	2 )	/	151307.788	*	365
=	34033.8585					/	151307.788	*	365
=	82.10

Guinness Nigeria'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: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (34368.756	+	33078.057)	/	2 )	/	41398.835	*	365 / 4
=	33723.4065					/	41398.835	*	365 / 4
=	74.33

Guinness Nigeria Days Payable Related Terms

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Guinness Nigeria (NSA:GUIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Guinness Nigeria PLC (NSA:GUIN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Cocoa Industries Road, Ikeja, Lagos, Ikeja, Lagos, NGA, 21071

Website

https://www.guinness-nigeria.com

Guinness Nigeria PLC is a beverage manufacturing company. The company is engaged in brewing, packaging, marketing and selling of various beverage brand including Guinness Foreign Extra Stout, Guinness Extra Smooth, Malta Guinness, Malta Guinness Low Sugar, Harp Lager, Smirnoff Ice, Satazenbrau Lager, Snapp, Orijin Spirit Mixed Drink, Orijin Bitters, and many more. Geographically, it derives a majority of revenue from Nigeria.

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