Beston Global Food Co (ASX:BFC) Days Payable : 64.24 (As of Dec. 2023)

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What is Beston Global Food Co Days Payable?

Beston Global Food Co's average Accounts Payable for the six months ended in Dec. 2023 was A$21.9 Mil. Beston Global Food Co's Cost of Goods Sold for the six months ended in Dec. 2023 was A$62.2 Mil. Hence, Beston Global Food Co's Days Payable for the six months ended in Dec. 2023 was 64.24.

The historical rank and industry rank for Beston Global Food Co's Days Payable or its related term are showing as below:

ASX:BFC' s Days Payable Range Over the Past 10 Years
Min: 41.67 Med: 43.38 Max: 313.91
Current: 53.31

During the past 8 years, Beston Global Food Co's highest Days Payable was 313.91. The lowest was 41.67. And the median was 43.38.

ASX:BFC's Days Payable is ranked better than
58.48% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.77 vs ASX:BFC: 53.31

Beston Global Food Co's Days Payable increased from Dec. 2022 (52.29) to Dec. 2023 (64.24). It may suggest that Beston Global Food Co delayed paying its suppliers.

Beston Global Food Co Days Payable Historical Data

The historical data trend for Beston Global Food Co'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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Beston Global Food Co Days Payable Chart

Beston Global Food Co Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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41.72

43.46

43.28

43.29

41.67

Beston Global Food Co Semi-Annual Data
	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												57.32	40.68	52.29	40.63	64.24

Competitive Comparison of Beston Global Food Co's Days Payable

For the Packaged Foods subindustry, Beston Global Food Co'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.

Beston Global Food Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Beston Global Food Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Beston Global Food Co's Days Payable falls into.

Beston Global Food Co 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.

Beston Global Food Co'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
=	( (15.599	+	17.115)	/	2 )	/	143.266	*	365
=	16.357					/	143.266	*	365
=	41.67

Beston Global Food Co'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
=	( (17.115	+	26.655)	/	2 )	/	62.17	*	365 / 2
=	21.885					/	62.17	*	365 / 2
=	64.24

Beston Global Food Co Days Payable Related Terms

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Beston Global Food Co (ASX:BFC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Beston Global Food Co Ltd (ASX:BFC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

84 Greenhill Road, Ground Floor, Wayville, SA, AUS, 5034

Website

https://www.bestonglobalfoods.com.au

Beston Global Food Co Ltd is engaged in the production and distribution of food and beverage products. The company's products include milk, yogurt, flavored milk, seafood, meat and poultry products, and health nutrition products. It operates in two segments namely the Australian Dairy, and Corporate out of which the Australian Dairy segment accounts for the majority of revenue.