Jamaica Broilers Group (XJAM:JBG) Days Payable : 58.27 (As of Oct. 2023)

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What is Jamaica Broilers Group Days Payable?

Jamaica Broilers Group's average Accounts Payable for the three months ended in Oct. 2023 was JMD11,247 Mil. Jamaica Broilers Group's Cost of Goods Sold for the three months ended in Oct. 2023 was JMD17,613 Mil. Hence, Jamaica Broilers Group's Days Payable for the three months ended in Oct. 2023 was 58.27.

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

XJAM:JBG' s Days Payable Range Over the Past 10 Years
Min: 35.28 Med: 44.6 Max: 72.06
Current: 62.73

During the past 13 years, Jamaica Broilers Group's highest Days Payable was 72.06. The lowest was 35.28. And the median was 44.60.

XJAM:JBG's Days Payable is ranked better than
66.11% of 1794 companies
in the Consumer Packaged Goods industry
Industry Median: 46.18 vs XJAM:JBG: 62.73

Jamaica Broilers Group's Days Payable declined from Oct. 2022 (64.74) to Oct. 2023 (58.27). It may suggest that Jamaica Broilers Group accelerated paying its suppliers.

Jamaica Broilers Group Days Payable Historical Data

The historical data trend for Jamaica Broilers 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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Jamaica Broilers Group Days Payable Chart

Jamaica Broilers Group Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Days Payable

Get a 7-Day Free Trial

38.34

55.12

65.65

66.30

72.06

Jamaica Broilers Group Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Days Payable	Get a 7-Day Free Trial															64.74	59.06	68.20	66.85	58.27

Competitive Comparison of Jamaica Broilers Group's Days Payable

For the Farm Products subindustry, Jamaica Broilers 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.

Jamaica Broilers Group's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Jamaica Broilers Group's Days Payable falls into.

Jamaica Broilers 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.

Jamaica Broilers Group's Days Payable for the fiscal year that ended in Apr. 2023 is calculated as

	Days Payable (A: Apr. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Apr. 2022 )	+	Accounts Payable (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (12701.305	+	14132.342)	/	2 )	/	67958.718	*	365
=	13416.8235					/	67958.718	*	365
=	72.06

Jamaica Broilers Group's Days Payable for the quarter that ended in Oct. 2023 is calculated as:

	Days Payable (Q: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jul. 2023 )	+	Accounts Payable (Q: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
=	( (11769.59	+	10724.843)	/	2 )	/	17612.729	*	365 / 4
=	11247.2165					/	17612.729	*	365 / 4
=	58.27

Jamaica Broilers Group Days Payable Related Terms

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Jamaica Broilers Group (XJAM:JBG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Jamaica Broilers Group Ltd (XJAM:JBG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Content, McCook’s Pen, Saint Catherine, JAM

Website

https://www.jamaicabroilersgroup.com

Jamaica Broilers Group Ltd is a Jamaica-based company engaged in the production and distribution of poultry products, animal feeds, and agricultural items. Its segments consist of Jamaica operations, US operations, Haiti operations, and Other Caribbean operations. The company's brands include Reggae Jammin, The Best Dressed Chicken, Hamilton's Smokehouse, Le Chic Poulet, Hi-Pro, International Poultry Breeders, Wincorp International, and Jamaica Egg Services. The majority of the revenue is derived from its Jamaica operations.

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