PGG Wrightson (NZSE:PGW) Days Payable : 79.01 (As of Dec. 2023)

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What is PGG Wrightson Days Payable?

PGG Wrightson's average Accounts Payable for the six months ended in Dec. 2023 was NZ$184.1 Mil. PGG Wrightson's Cost of Goods Sold for the six months ended in Dec. 2023 was NZ$425.2 Mil. Hence, PGG Wrightson's Days Payable for the six months ended in Dec. 2023 was 79.01.

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

NZSE:PGW' s Days Payable Range Over the Past 10 Years
Min: 73.79 Med: 93.95 Max: 130.94
Current: 110.6

During the past 13 years, PGG Wrightson's highest Days Payable was 130.94. The lowest was 73.79. And the median was 93.95.

NZSE:PGW's Days Payable is ranked better than
78.02% of 928 companies
in the Business Services industry
Industry Median: 46.74 vs NZSE:PGW: 110.60

PGG Wrightson's Days Payable declined from Dec. 2022 (95.75) to Dec. 2023 (79.01). It may suggest that PGG Wrightson accelerated paying its suppliers.

PGG Wrightson Days Payable Historical Data

The historical data trend for PGG Wrightson'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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PGG Wrightson Days Payable Chart

PGG Wrightson Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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130.94

90.21

85.19

90.26

73.79

PGG Wrightson 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															93.79	145.61	95.75	122.29	79.01

Competitive Comparison of PGG Wrightson's Days Payable

For the Specialty Business Services subindustry, PGG Wrightson'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.

PGG Wrightson's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, PGG Wrightson's Days Payable distribution charts can be found below:

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

PGG Wrightson 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.

PGG Wrightson'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
=	( (189.29	+	102.91)	/	2 )	/	722.676	*	365
=	146.1					/	722.676	*	365
=	73.79

PGG Wrightson'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
=	( (102.91	+	265.312)	/	2 )	/	425.247	*	365 / 2
=	184.111					/	425.247	*	365 / 2
=	79.01

PGG Wrightson Days Payable Related Terms

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PGG Wrightson (NZSE:PGW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » PGG Wrightson Ltd (NZSE:PGW) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PGWFF:USA

Address

1 Robin Mann Place, Christchurch Airport, Christchurch, CT, NZL, 8053

Website

https://www.pggwrightson.co.nz

PGG Wrightson Ltd is an agriculture solutions provider predominantly in New Zealand. The company's reportable segments are, Agency, Retail & Water, and Other. The company generates maximum revenue from the Retail and Water segment which includes the rural supplies and fruitfed retail operations, PGG Wrightson Water, PGW Consulting, Agritrade, and ancillary sales support, supply chain, and marketing functions. The Agency segment includes rural Livestock trading activities, export livestock, wool, insurance, real estate, and finance commission. The company principally operates in New Zealand.

PGG Wrightson (NZSE:PGW) Headlines

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