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Nufarm (Nufarm) Days Payable : 163.03 (As of Sep. 2023)


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What is Nufarm Days Payable?

Nufarm's average Accounts Payable for the six months ended in Sep. 2023 was $639 Mil. Nufarm's Cost of Goods Sold for the six months ended in Sep. 2023 was $715 Mil. Hence, Nufarm's Days Payable for the six months ended in Sep. 2023 was 163.03.

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

NUFMF' s Days Payable Range Over the Past 10 Years
Min: 96.77   Med: 128.03   Max: 166.55
Current: 153.04

During the past 13 years, Nufarm's highest Days Payable was 166.55. The lowest was 96.77. And the median was 128.03.

NUFMF's Days Payable is ranked better than
80.43% of 235 companies
in the Agriculture industry
Industry Median: 79.24 vs NUFMF: 153.04

Nufarm's Days Payable declined from Sep. 2022 (194.11) to Sep. 2023 (163.03). It may suggest that Nufarm accelerated paying its suppliers.

Nufarm Days Payable Historical Data

The historical data trend for Nufarm'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.

Nufarm Days Payable Chart

Nufarm Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Sep21 Sep22 Sep23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 153.27 165.68 124.55 134.42 138.64

Nufarm Semi-Annual Data
Jul13 Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 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 151.27 121.22 194.11 164.18 163.03

Competitive Comparison of Nufarm's Days Payable

For the Agricultural Inputs subindustry, Nufarm'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.

Nufarm's Days Payable Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Nufarm's Days Payable distribution charts can be found below:

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


Nufarm 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.

Nufarm's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

Days Payable (A: Sep. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2022 ) + Accounts Payable (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (765.478 + 432.749) / 2 ) / 1577.276*365
=599.1135 / 1577.276*365
=138.64

Nufarm'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
=( (845.316 + 432.749) / 2 ) / 715.362*365 / 2
=639.0325 / 715.362*365 / 2
=163.03

* 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.

Nufarm Days Payable Related Terms

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Nufarm (Nufarm) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Nufarm Ltd (OTCPK:NUFMF) » Definitions » Days Payable
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ASX:HFR ASX:MNB ASX:RLF ASX:TGH ASX:FTZ ASX:NRZ CTVA TSX:NTR CF SAU:2020 SZSE:000792 MOS MIC:PHOR OSL:YAR FMC NSE:PIIND MIC:AKRN ADX:FERTIGLB XTAE:ICL BOM:590024
Traded in Other Exchanges
NUF:Australia
Address
103-105 Pipe Road, Laverton North, Melbourne, VIC, AUS, 3026
Website
https://www.nufarm.com
Nufarm Limited is a global crop-protection company that develops, manufactures, and sells a range of crop-protection products, including herbicides, insecticides, and fungicides. Nufarm sells its products in most of the world's major agricultural regions, and operates primarily in the off-patent segment of the crop-protection market. Nufarm operates along two business lines: crop protection and seed technologies.