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PALM CI (XBRV:PALC) Days Payable : 48.45 (As of Dec. 2023)


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What is PALM CI Days Payable?

PALM CI's average Accounts Payable for the six months ended in Dec. 2023 was XOF13,355 Mil. PALM CI's Cost of Goods Sold for the six months ended in Dec. 2023 was XOF100,607 Mil. Hence, PALM CI's Days Payable for the six months ended in Dec. 2023 was 24.22.

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

XBRV:PALC' s Days Payable Range Over the Past 10 Years
Min: 37.07   Med: 48.45   Max: 108.64
Current: 48.45

During the past 13 years, PALM CI's highest Days Payable was 108.64. The lowest was 37.07. And the median was 48.45.

XBRV:PALC's Days Payable is ranked better than
52.65% of 1831 companies
in the Consumer Packaged Goods industry
Industry Median: 45.99 vs XBRV:PALC: 48.45

PALM CI's Days Payable declined from Dec. 2021 (62.71) to Dec. 2023 (48.45). It may suggest that PALM CI accelerated paying its suppliers.

PALM CI Days Payable Historical Data

The historical data trend for PALM CI'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.

* Premium members only.

PALM CI Days Payable Chart

PALM CI Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94.81 108.64 62.71 37.07 48.45

PALM CI Semi-Annual Data
Dec09 Dec10 Dec11 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 94.81 108.64 62.71 37.07 48.45

Competitive Comparison of PALM CI's Days Payable

For the Farm Products subindustry, PALM CI'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.

PALM CI's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where PALM CI's Days Payable falls into.


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PALM CI 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.

PALM CI'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
=( (9827.984 + 16881.067) / 2 ) / 100607.003*365
=13354.5255 / 100607.003*365
=48.45

PALM CI'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: Dec. 2022 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (9827.984 + 16881.067) / 2 ) / 100607.003*365 / 2
=13354.5255 / 100607.003*365 / 2
=24.22

* 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.

PALM CI Days Payable Related Terms

Thank you for viewing the detailed overview of PALM CI's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

PALM CI Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PALM CI (XBRV:PALC) » Definitions » Days Payable
Comparable Companies
SZSE:002714 ADM TSN SZSE:300498 BG OSL:MOWI SFD OSL:SALM SZSE:000876 BKK:CPF CALM ISX:CPIN XKLS:7084 XKLS:4065 SHSE:600598 SZSE:002157 SZSE:300972 SHSE:600095 XKLS:2089 XPAR:LOUP
Traded in Other Exchanges
N/A
Address
Siege Abidjan, boulevard du Havre, Abidjan, CIV
Website
https://www.palmafrique.com
PALM CI produces and markets crude palm oil. It also cultivates palm plants.