RBGPF (Reckitt Benckiser Group) Days Payable : 235.64 (As of Jun. 2024)

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What is Reckitt Benckiser Group Days Payable?

Reckitt Benckiser Group's average Accounts Payable for the six months ended in Jun. 2024 was $4,642 Mil. Reckitt Benckiser Group's Cost of Goods Sold for the six months ended in Jun. 2024 was $3,595 Mil. Hence, Reckitt Benckiser Group's Days Payable for the six months ended in Jun. 2024 was 235.64.

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

RBGPF' s Days Payable Range Over the Past 10 Years
Min: 96.67 Med: 155.59 Max: 264.56
Current: 264.56

During the past 13 years, Reckitt Benckiser Group's highest Days Payable was 264.56. The lowest was 96.67. And the median was 155.59.

RBGPF's Days Payable is ranked better than
95.71% of 1820 companies
in the Consumer Packaged Goods industry
Industry Median: 45.78 vs RBGPF: 264.56

Reckitt Benckiser Group's Days Payable increased from Jun. 2023 (219.26) to Jun. 2024 (235.64). It may suggest that Reckitt Benckiser Group delayed paying its suppliers.

Reckitt Benckiser Group Days Payable Historical Data

The historical data trend for Reckitt Benckiser Group'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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Reckitt Benckiser Group Days Payable Chart

Reckitt Benckiser Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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166.64

205.32

181.74

138.38

139.54

Reckitt Benckiser Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial															239.15	220.87	219.26	231.29	235.64

Competitive Comparison of Reckitt Benckiser Group's Days Payable

For the Household & Personal Products subindustry, Reckitt Benckiser Group'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.

Reckitt Benckiser Group's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Reckitt Benckiser Group's Days Payable falls into.

Reckitt Benckiser Group 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.

Reckitt Benckiser Group's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (2881.851	+	2777.215)	/	2 )	/	7401.265	*	365
=	2829.533					/	7401.265	*	365
=	139.54

Reckitt Benckiser Group's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (2777.215	+	6507.634)	/	2 )	/	3595.42	*	365 / 2
=	4642.4245					/	3595.42	*	365 / 2
=	235.64

Reckitt Benckiser Group Days Payable Related Terms

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Reckitt Benckiser Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Reckitt Benckiser Group PLC (OTCPK:RBGPF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

RBGLY:USA RKTl:UK RKT:UK 3RB:Germany

Address

103-105 Bath Road, Slough, Berkshire, GBR, SL1 3UH

Website

https://www.reckitt.com

Reckitt Benckiser was formed in 1999 through the merger of the British firm Reckitt & Colman and Dutch-based Benckiser. Recently rebranded under the corporate name Reckitt, it sells a portfolio that includes a variety of household and consumer health brands, such as Lysol, Finish, Durex, and Mucinex, many of which hold the number-one or -two positions in their categories globally. Reckitt has repositioned its portfolio and has entered the infant formula market through the acquisition of Mead Johnson in 2017, expanded its consumer health presence by acquiring Schiff Nutrition, K-Y, and Biofreeze, and has exited the food industry. The firm operates in 60 countries and sells products in more than 200, generating around 35% of sales from emerging markets.