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Fleury Michon (XPAR:ALFLE) Days Payable : 94.10 (As of Dec. 2023)


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What is Fleury Michon Days Payable?

Fleury Michon's average Accounts Payable for the six months ended in Dec. 2023 was €107.2 Mil. Fleury Michon's Cost of Goods Sold for the six months ended in Dec. 2023 was €208.0 Mil. Hence, Fleury Michon's Days Payable for the six months ended in Dec. 2023 was 94.10.

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

XPAR:ALFLE' s Days Payable Range Over the Past 10 Years
Min: 76.04   Med: 81.33   Max: 96.69
Current: 86.71

During the past 13 years, Fleury Michon's highest Days Payable was 96.69. The lowest was 76.04. And the median was 81.33.

XPAR:ALFLE's Days Payable is ranked better than
78.29% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.66 vs XPAR:ALFLE: 86.71

Fleury Michon's Days Payable increased from Dec. 2022 (78.96) to Dec. 2023 (94.10). It may suggest that Fleury Michon delayed paying its suppliers.


Fleury Michon Days Payable Historical Data

The historical data trend for Fleury Michon'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.

Fleury Michon Days Payable Chart

Fleury Michon 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 78.21 88.14 96.69 81.32 88.61

Fleury Michon Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 96.54 84.81 78.96 78.30 94.10

Competitive Comparison of Fleury Michon's Days Payable

For the Packaged Foods subindustry, Fleury Michon'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.


Fleury Michon's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Fleury Michon's Days Payable falls into.



Fleury Michon 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.

Fleury Michon'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
=( (99.419 + 114.432) / 2 ) / 440.448*365
=106.9255 / 440.448*365
=88.61

Fleury Michon'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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (100.048 + 114.432) / 2 ) / 207.979*365 / 2
=107.24 / 207.979*365 / 2
=94.10

* 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.


Fleury Michon Days Payable Related Terms

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Fleury Michon (XPAR:ALFLE) Business Description

Traded in Other Exchanges
Address
La Gare, BP 1, Pouzauges, FRA, 85700
Fleury Michon is a food company. It produces freshly prepared meal products for everyday eating. The firm's products include pork hams, poultry cuts, ready to eat charcuterie, individually prepared meals, and boxed meals and surimi. The company markets and sells its products under Fleury Michon brand name.

Fleury Michon (XPAR:ALFLE) Headlines

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