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Jeronimo Martins SGPS (Jeronimo Martins SGPS) Days Payable : 67.37 (As of Dec. 2023)


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What is Jeronimo Martins SGPS Days Payable?

Jeronimo Martins SGPS's average Accounts Payable for the three months ended in Dec. 2023 was $5,239 Mil. Jeronimo Martins SGPS's Cost of Goods Sold for the three months ended in Dec. 2023 was $7,096 Mil. Hence, Jeronimo Martins SGPS's Days Payable for the three months ended in Dec. 2023 was 67.37.

The historical rank and industry rank for Jeronimo Martins SGPS's Days Payable or its related term are showing as below:

JRONY' s Days Payable Range Over the Past 10 Years
Min: 69.38   Med: 77.68   Max: 80.02
Current: 69.38

During the past 13 years, Jeronimo Martins SGPS's highest Days Payable was 80.02. The lowest was 69.38. And the median was 77.68.

JRONY's Days Payable is ranked better than
78.32% of 309 companies
in the Retail - Defensive industry
Industry Median: 43.96 vs JRONY: 69.38

Jeronimo Martins SGPS's Days Payable declined from Dec. 2022 (67.71) to Dec. 2023 (67.37). It may suggest that Jeronimo Martins SGPS accelerated paying its suppliers.


Jeronimo Martins SGPS Days Payable Historical Data

The historical data trend for Jeronimo Martins SGPS'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.

Jeronimo Martins SGPS Days Payable Chart

Jeronimo Martins SGPS 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 80.62 76.18 79.72 77.15 72.47

Jeronimo Martins SGPS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 67.71 74.65 65.37 66.01 67.37

Competitive Comparison of Jeronimo Martins SGPS's Days Payable

For the Food Distribution subindustry, Jeronimo Martins SGPS'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.


Jeronimo Martins SGPS's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Jeronimo Martins SGPS's Days Payable distribution charts can be found below:

* The bar in red indicates where Jeronimo Martins SGPS's Days Payable falls into.



Jeronimo Martins SGPS 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.

Jeronimo Martins SGPS'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
=( (4850.636 + 5696.838) / 2 ) / 26561.614*365
=5273.737 / 26561.614*365
=72.47

Jeronimo Martins SGPS'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: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (4781.217 + 5696.838) / 2 ) / 7095.965*365 / 4
=5239.0275 / 7095.965*365 / 4
=67.37

* 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.


Jeronimo Martins SGPS Days Payable Related Terms

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Jeronimo Martins SGPS (Jeronimo Martins SGPS) Business Description

Address
Rua Actor Antonio Silva, No. 7, Lisboa, PRT, 1649-033
Jeronimo Martins SGPS SA operates in food distribution, agribusiness, and other businesses. The food distribution business is the group's main activity, which consists of retail and wholesale operations under the brand's Pingo Doce and Recheio in Portugal, Poland, and Colombia. The group has five segments. Portugal Retail: comprises the business unit of JMR (Pingo Doce supermarkets), Portugal Cash & Carry: includes the wholesale business unit Recheio, Poland Retail: the business unit which operates under the Biedronka banner, Colombia Retail: the business unit which operates under Ara banner, & Others, eliminations and adjustments. The majority of revenue is derived from the Poland retail segment.

Jeronimo Martins SGPS (Jeronimo Martins SGPS) Headlines

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