Mennica Polska (WAR:MNC) Days Payable : 26.45 (As of Mar. 2024)

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What is Mennica Polska Days Payable?

Mennica Polska's average Accounts Payable for the three months ended in Mar. 2024 was zł82 Mil. Mennica Polska's Cost of Goods Sold for the three months ended in Mar. 2024 was zł284 Mil. Hence, Mennica Polska's Days Payable for the three months ended in Mar. 2024 was 26.45.

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

WAR:MNC' s Days Payable Range Over the Past 10 Years
Min: 15.92 Med: 32.96 Max: 52.16
Current: 27.39

During the past 13 years, Mennica Polska's highest Days Payable was 52.16. The lowest was 15.92. And the median was 32.96.

WAR:MNC's Days Payable is ranked worse than
91.03% of 2931 companies
in the Industrial Products industry
Industry Median: 76.42 vs WAR:MNC: 27.39

Mennica Polska's Days Payable declined from Mar. 2023 (45.60) to Mar. 2024 (26.45). It may suggest that Mennica Polska accelerated paying its suppliers.

Mennica Polska Days Payable Historical Data

The historical data trend for Mennica Polska'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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Mennica Polska Days Payable Chart

Mennica Polska Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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40.12

22.69

15.92

44.81

52.16

Mennica Polska Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															45.60	27.44	35.49	24.80	26.45

Competitive Comparison of Mennica Polska's Days Payable

For the Metal Fabrication subindustry, Mennica Polska'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.

Mennica Polska's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mennica Polska's Days Payable distribution charts can be found below:

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

Mennica Polska 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.

Mennica Polska'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
=	( (220.937	+	84.881)	/	2 )	/	1069.963	*	365
=	152.909					/	1069.963	*	365
=	52.16

Mennica Polska's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (84.881	+	79.593)	/	2 )	/	283.698	*	365 / 4
=	82.237					/	283.698	*	365 / 4
=	26.45

Mennica Polska Days Payable Related Terms

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Mennica Polska (WAR:MNC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mennica Polska SA (WAR:MNC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

al Jana Pawla II 23, Atrium International Business Center, 3rd floor, Warsaw, POL, 00-854

Website

http://www.mennica.com.pl

Mennica Polska SA is a metal processing company in Poland. It is one of the country's leading producers and distributors of mint and engraving/medal products. The activities of the company are focused on four markets, namely mint products, precious metals processing, ICT services and property development. Mennica's core activity is the production of coins in circulation in Poland. Additionally, it also produces badges, medals, and token coins. In its precious metals segment, the company manufactures catalytic gauzes, paints, equipment for glass furnaces, rolled and drawn precious metal products. The Electronic payment segment deals with the operation of card systems, the sale of public transport tickets and other payment systems.

Mennica Polska (WAR:MNC) Headlines

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