Marsden Maritime Holdings (NZSE:MMH) Days Payable : 78.73 (As of Dec. 2023)

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What is Marsden Maritime Holdings Days Payable?

Marsden Maritime Holdings's average Accounts Payable for the six months ended in Dec. 2023 was NZ$0.60 Mil. Marsden Maritime Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was NZ$1.39 Mil. Hence, Marsden Maritime Holdings's Days Payable for the six months ended in Dec. 2023 was 78.73.

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

NZSE:MMH' s Days Payable Range Over the Past 10 Years
Min: 83.9 Med: 169.82 Max: 812.95
Current: 102.79

During the past 13 years, Marsden Maritime Holdings's highest Days Payable was 812.95. The lowest was 83.90. And the median was 169.82.

NZSE:MMH's Days Payable is ranked better than
63.89% of 1606 companies
in the Construction industry
Industry Median: 76.71 vs NZSE:MMH: 102.79

Marsden Maritime Holdings's Days Payable declined from Dec. 2022 (123.47) to Dec. 2023 (78.73). It may suggest that Marsden Maritime Holdings accelerated paying its suppliers.

Marsden Maritime Holdings Days Payable Historical Data

The historical data trend for Marsden Maritime Holdings'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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Marsden Maritime Holdings Days Payable Chart

Marsden Maritime Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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128.50

245.76

243.43

169.82

83.90

Marsden Maritime Holdings 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															387.46	182.82	123.47	104.38	78.73

Competitive Comparison of Marsden Maritime Holdings's Days Payable

For the Infrastructure Operations subindustry, Marsden Maritime Holdings'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.

Marsden Maritime Holdings's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Marsden Maritime Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Marsden Maritime Holdings's Days Payable falls into.

Marsden Maritime Holdings 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.

Marsden Maritime Holdings'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
=	( (0.906	+	0.447)	/	2 )	/	2.943	*	365
=	0.6765					/	2.943	*	365
=	83.90

Marsden Maritime Holdings'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
=	( (0.447	+	0.754)	/	2 )	/	1.392	*	365 / 2
=	0.6005					/	1.392	*	365 / 2
=	78.73

Marsden Maritime Holdings Days Payable Related Terms

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Marsden Maritime Holdings (NZSE:MMH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Marsden Maritime Holdings Ltd (NZSE:MMH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Marsden Bay Drive, Marsden Point, PO Box 196, Ruakaka, NTL, NZL, 0171

Website

https://www.marsdenmaritime.co.nz

Marsden Maritime Holdings Ltd is a New Zealand based company engaged in the operation of ports. It is focused on attracting business to the port area, through long-term lease arrangements on land owned adjacent to the port. The business segments of the group are Northport-related Operations, Property holdings, Marina and commercial and other activities. The organization operates in the geographical segment of the Greater Marsden Point Area. The company derives the majority of its revenue from the property holdings segment.

Marsden Maritime Holdings (NZSE:MMH) Headlines

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