Prilepska Pivarnica AD (XMAE:PPIV) Days Payable : 46.10 (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Prilepska Pivarnica AD Days Payable?

Prilepska Pivarnica AD's average Accounts Payable for the three months ended in Mar. 2024 was MKD162 Mil. Prilepska Pivarnica AD's Cost of Goods Sold for the three months ended in Mar. 2024 was MKD320 Mil. Hence, Prilepska Pivarnica AD's Days Payable for the three months ended in Mar. 2024 was 46.10.

The historical rank and industry rank for Prilepska Pivarnica AD's Days Payable or its related term are showing as below:

XMAE:PPIV' s Days Payable Range Over the Past 10 Years
Min: 31.89 Med: 44.24 Max: 97.95
Current: 36.59

During the past 12 years, Prilepska Pivarnica AD's highest Days Payable was 97.95. The lowest was 31.89. And the median was 44.24.

XMAE:PPIV's Days Payable is not ranked
in the Beverages - Alcoholic industry.
Industry Median: 77.86 vs XMAE:PPIV: 36.59

Prilepska Pivarnica AD's Days Payable increased from Mar. 2023 (37.57) to Mar. 2024 (46.10). It may suggest that Prilepska Pivarnica AD delayed paying its suppliers.

Prilepska Pivarnica AD Days Payable Historical Data

The historical data trend for Prilepska Pivarnica AD'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.

Prilepska Pivarnica AD Days Payable Chart

Prilepska Pivarnica AD Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

35.95

44.76

41.46

34.67

31.89

Prilepska Pivarnica AD 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															37.57	49.83	37.15	37.52	46.10

Competitive Comparison of Prilepska Pivarnica AD's Days Payable

For the Beverages - Brewers subindustry, Prilepska Pivarnica AD'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.

Prilepska Pivarnica AD's Days Payable Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Prilepska Pivarnica AD's Days Payable distribution charts can be found below:

* The bar in red indicates where Prilepska Pivarnica AD's Days Payable falls into.

Prilepska Pivarnica AD 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.

Prilepska Pivarnica AD'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
=	( (113.999	+	161.615)	/	2 )	/	1577.507	*	365
=	137.807					/	1577.507	*	365
=	31.89

Prilepska Pivarnica AD'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
=	( (161.615	+	0)	/	1 )	/	319.869	*	365 / 4
=	161.615					/	319.869	*	365 / 4
=	46.10

Prilepska Pivarnica AD Days Payable Related Terms

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

Prilepska Pivarnica AD (XMAE:PPIV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Prilepska Pivarnica AD (XMAE:PPIV) » Definitions » Days Payable

Comparable Companies

TSX:BR WBO:GAGS COL:BREW.N0000 BSE:BRM XCNQ:HYTN FRA:PKB HKSE:00236 ASX:BEE OCSE:ALEFRM TSXV:HILL

Traded in Other Exchanges

N/A

Address

Cane Kuzmanoski 1, Prilep, MKD, 7500

Website

http://prilepskapivarnica.com.mk

Prilepska Pivarnica AD is engaged in beverage manufacturing. Its core business activities include production and trade of beer and non-alcoholic drinks. The company offers various brands of beers including Golden Dab, Krali Marko, Tuborg and Carlsberg. It also produces soft drinks including Pepsi, Pepsi Twist, Pepsi Max, 7UP, Mirinda Lemon and Mirinda Orange.

Prilepska Pivarnica AD (XMAE:PPIV) Headlines

No Headlines