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JM Smucker Co (STU:JM2) Days Payable : 80.44 (As of Jan. 2025)


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What is JM Smucker Co Days Payable?

JM Smucker Co's average Accounts Payable for the three months ended in Jan. 2025 was €1,114 Mil. JM Smucker Co's Cost of Goods Sold for the three months ended in Jan. 2025 was €1,263 Mil. Hence, JM Smucker Co's Days Payable for the three months ended in Jan. 2025 was 80.44.

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

STU:JM2' s Days Payable Range Over the Past 10 Years
Min: 32.49   Med: 46.56   Max: 98.36
Current: 85.18

During the past 13 years, JM Smucker Co's highest Days Payable was 98.36. The lowest was 32.49. And the median was 46.56.

STU:JM2's Days Payable is ranked better than
77.63% of 1828 companies
in the Consumer Packaged Goods industry
Industry Median: 45.835 vs STU:JM2: 85.18

JM Smucker Co's Days Payable declined from Jan. 2024 (82.50) to Jan. 2025 (80.44). It may suggest that JM Smucker Co accelerated paying its suppliers.


JM Smucker Co Days Payable Historical Data

The historical data trend for JM Smucker Co'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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JM Smucker Co Days Payable Chart

JM Smucker Co Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.48 71.09 73.26 82.98 97.28

JM Smucker Co Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 82.50 90.73 89.15 81.80 80.44

Competitive Comparison of JM Smucker Co's Days Payable

For the Packaged Foods subindustry, JM Smucker Co'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.


JM Smucker Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, JM Smucker Co's Days Payable distribution charts can be found below:

* The bar in red indicates where JM Smucker Co's Days Payable falls into.


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JM Smucker Co 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.

JM Smucker Co's Days Payable for the fiscal year that ended in Apr. 2024 is calculated as

Days Payable (A: Apr. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Apr. 2023 ) + Accounts Payable (A: Apr. 2024 )) / count ) / Cost of Goods Sold (A: Apr. 2024 )*Days in Period
=( (1270.051 + 1245.338) / 2 ) / 4718.995*365
=1257.6945 / 4718.995*365
=97.28

JM Smucker Co's Days Payable for the quarter that ended in Jan. 2025 is calculated as:

Days Payable (Q: Jan. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2024 ) + Accounts Payable (Q: Jan. 2025 )) / count ) / Cost of Goods Sold (Q: Jan. 2025 )*Days in Period
=( (1132.628 + 1094.768) / 2 ) / 1263.431*365 / 4
=1113.698 / 1263.431*365 / 4
=80.44

* 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.


JM Smucker Co Days Payable Related Terms

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JM Smucker Co Business Description

Traded in Other Exchanges
Address
One Strawberry Lane, Orrville, OH, USA, 44667-0280
J.M. Smucker is a packaged food company that primarily sells through the US retail channel (78% of fiscal 2024 revenue came through its retail pet foods, coffee, and frozen handheld/spreads segments), with the remaining share consisting of Hostess and international (primarily Canada). Retail coffee is its largest category (33% of sales) with brands Folgers and Dunkin'. Pet foods (22% of sales) holds leading brands like Milk-Bone and Meow Mix. Of its remaining, approximately 22% comes from consumer foods, primarily peanut butter and jelly, through brands Jif and Smucker's. The company acquired Hostess Brands in fiscal 2024 to boost its snack and convenience store presence.

JM Smucker Co Headlines

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