Eneco Refresh (ASX:ERG) Days Payable : 87.82 (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Eneco Refresh Days Payable?

Eneco Refresh's average Accounts Payable for the six months ended in Dec. 2023 was A$2.50 Mil. Eneco Refresh's Cost of Goods Sold for the six months ended in Dec. 2023 was A$5.19 Mil. Hence, Eneco Refresh's Days Payable for the six months ended in Dec. 2023 was 87.82.

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

ASX:ERG' s Days Payable Range Over the Past 10 Years
Min: 26.99 Med: 34.05 Max: 78.98
Current: 78.98

During the past 13 years, Eneco Refresh's highest Days Payable was 78.98. The lowest was 26.99. And the median was 34.05.

ASX:ERG's Days Payable is ranked better than
64.22% of 109 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 58.92 vs ASX:ERG: 78.98

Eneco Refresh's Days Payable increased from Dec. 2022 (39.51) to Dec. 2023 (87.82). It may suggest that Eneco Refresh delayed paying its suppliers.

Eneco Refresh Days Payable Historical Data

The historical data trend for Eneco Refresh'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.

Eneco Refresh Days Payable Chart

Eneco Refresh Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

Get a 7-Day Free Trial

38.36

28.71

28.03

31.91

74.87

Eneco Refresh 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															39.39	38.91	39.51	87.42	87.82

Competitive Comparison of Eneco Refresh's Days Payable

For the Beverages - Non-Alcoholic subindustry, Eneco Refresh'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.

Eneco Refresh's Days Payable Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Eneco Refresh's Days Payable distribution charts can be found below:

* The bar in red indicates where Eneco Refresh's Days Payable falls into.

Eneco Refresh 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.

Eneco Refresh'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
=	( (0.777	+	3.009)	/	2 )	/	9.229	*	365
=	1.893					/	9.229	*	365
=	74.87

Eneco Refresh'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
=	( (3.009	+	1.987)	/	2 )	/	5.191	*	365 / 2
=	2.498					/	5.191	*	365 / 2
=	87.82

Eneco Refresh Days Payable Related Terms

Thank you for viewing the detailed overview of Eneco Refresh's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Eneco Refresh (ASX:ERG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Eneco Refresh Ltd (ASX:ERG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

17 Denninup Way, Malaga, Perth, WA, AUS, 6090

Website

https://www.eneco-refresh.com.au

Eneco Refresh Ltd is engaged in the production and distribution of bottled water and accessories. The company is also the producer of distilled drinking water and also distributes filtration systems and water purifiers. It also markets a broad range of plastic products including containers and jars, bottles, gardening products, automotive parts, and toys.

Eneco Refresh (ASX:ERG) Headlines

No Headlines