Malteries Franco-Belges (XPAR:MALT) Days Payable : 75.57 (As of Dec. 2023)

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What is Malteries Franco-Belges Days Payable?

Malteries Franco-Belges's average Accounts Payable for the six months ended in Dec. 2023 was €24.8 Mil. Malteries Franco-Belges's Cost of Goods Sold for the six months ended in Dec. 2023 was €59.8 Mil. Hence, Malteries Franco-Belges's Days Payable for the six months ended in Dec. 2023 was 75.57.

The historical rank and industry rank for Malteries Franco-Belges's Days Payable or its related term are showing as below:

XPAR:MALT' s Days Payable Range Over the Past 10 Years
Min: 66.54 Med: 86.21 Max: 106.38
Current: 66.54

During the past 13 years, Malteries Franco-Belges's highest Days Payable was 106.38. The lowest was 66.54. And the median was 86.21.

XPAR:MALT's Days Payable is ranked worse than
60.98% of 205 companies
in the Beverages - Alcoholic industry
Industry Median: 80.27 vs XPAR:MALT: 66.54

Malteries Franco-Belges's Days Payable declined from Dec. 2022 (90.09) to Dec. 2023 (75.57). It may suggest that Malteries Franco-Belges accelerated paying its suppliers.

Malteries Franco-Belges Days Payable Historical Data

The historical data trend for Malteries Franco-Belges'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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Malteries Franco-Belges Days Payable Chart

Malteries Franco-Belges Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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89.32

89.65

79.19

106.38

101.13

Malteries Franco-Belges 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															83.06	86.12	90.09	68.82	75.57

Competitive Comparison of Malteries Franco-Belges's Days Payable

For the Beverages - Brewers subindustry, Malteries Franco-Belges'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.

Malteries Franco-Belges's Days Payable Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Malteries Franco-Belges's Days Payable distribution charts can be found below:

* The bar in red indicates where Malteries Franco-Belges's Days Payable falls into.

Malteries Franco-Belges 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.

Malteries Franco-Belges's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (39.759	+	30.665)	/	2 )	/	127.091	*	365
=	35.212					/	127.091	*	365
=	101.13

Malteries Franco-Belges'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
=	( (30.665	+	18.846)	/	2 )	/	59.786	*	365 / 2
=	24.7555					/	59.786	*	365 / 2
=	75.57

Malteries Franco-Belges Days Payable Related Terms

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Malteries Franco-Belges (XPAR:MALT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Malteries Franco-Belges (XPAR:MALT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

quai du General Sarrail, BP12, Nogent-sur-Seine, FRA, 10400

Website

https://www.malteriesfrancobelges.fr

Malteries Franco-Belges engages in the production of malt primarily for brewers. It distributes its products in France, Europe, Asia, Africa and South America. It is a subsidiary of Groupe Soufflet. The company is also engaged in trading of barley.

Malteries Franco-Belges (XPAR:MALT) Headlines

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