Colruyt Group NV (Colruyt Group NV) Days Payable : 61.76 (As of Sep. 2023)

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What is Colruyt Group NV Days Payable?

Colruyt Group NV's average Accounts Payable for the six months ended in Sep. 2023 was $1,396 Mil. Colruyt Group NV's Cost of Goods Sold for the six months ended in Sep. 2023 was $4,125 Mil. Hence, Colruyt Group NV's Days Payable for the six months ended in Sep. 2023 was 61.76.

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

CUYTY' s Days Payable Range Over the Past 10 Years
Min: 56.11 Med: 58.79 Max: 72.56
Current: 63.12

During the past 13 years, Colruyt Group NV's highest Days Payable was 72.56. The lowest was 56.11. And the median was 58.79.

CUYTY's Days Payable is ranked better than
71.52% of 309 companies
in the Retail - Defensive industry
Industry Median: 43.96 vs CUYTY: 63.12

Colruyt Group NV's Days Payable declined from Sep. 2022 (73.15) to Sep. 2023 (61.76). It may suggest that Colruyt Group NV accelerated paying its suppliers.

Colruyt Group NV Days Payable Historical Data

The historical data trend for Colruyt Group NV'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.

Colruyt Group NV Days Payable Chart

Colruyt Group NV Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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60.11

60.73

62.40

75.54

67.49

Colruyt Group NV Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															65.00	82.53	73.15	62.04	61.76

Competitive Comparison of Colruyt Group NV's Days Payable

For the Grocery Stores subindustry, Colruyt Group NV'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.

Colruyt Group NV's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Colruyt Group NV's Days Payable distribution charts can be found below:

* The bar in red indicates where Colruyt Group NV's Days Payable falls into.

Colruyt Group NV 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.

Colruyt Group NV's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (1413.656	+	1387.366)	/	2 )	/	7574.09	*	365
=	1400.511					/	7574.09	*	365
=	67.49

Colruyt Group NV's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (1387.366	+	1404.482)	/	2 )	/	4124.867	*	365 / 2
=	1395.924					/	4124.867	*	365 / 2
=	61.76

Colruyt Group NV Days Payable Related Terms

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Colruyt Group NV (Colruyt Group NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Colruyt Group NV (OTCPK:CUYTY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CUYTF:USA 0N4Y:UK EFC1:Germany COLR:Belgium

Address

Edingensesteenweg 196, Wilgenveld, Halle, BEL, B-1500

Website

https://www.colruytgroup.com

Colruyt NV Formerly Etablissementen Franz Colruyt NV is a Belgian-based family owned food retailer with nearly 30,000 employees and more than 530 stores (460 stores in Belgium and 76 in France) that traces its origins back to 1928. Aside from its flagship Colruyt supermarkets in Belgium and Luxembourg (60% of sales), it generates 16% of sales under separate banners from neighbourhood stores, biosupermarkets, covered markets, and family and seasonal stores. Its food service and wholesale businesses account for a further 18% of sales. Colruyt also owns DATS 24 filling stations, and a green energy business, generating electricity from wind turbines, solar panels, and biomass.

Colruyt Group NV (Colruyt Group NV) Headlines

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