Maggie Beer Holdings (ASX:MBH) Days Payable : 52.12 (As of Dec. 2023)

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What is Maggie Beer Holdings Days Payable?

Maggie Beer Holdings's average Accounts Payable for the six months ended in Dec. 2023 was A$8.64 Mil. Maggie Beer Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was A$30.26 Mil. Hence, Maggie Beer Holdings's Days Payable for the six months ended in Dec. 2023 was 52.12.

The historical rank and industry rank for Maggie Beer Holdings's Days Payable or its related term are showing as below:

ASX:MBH' s Days Payable Range Over the Past 10 Years
Min: 44.83 Med: 75.68 Max: 136.54
Current: 63.9

During the past 13 years, Maggie Beer Holdings's highest Days Payable was 136.54. The lowest was 44.83. And the median was 75.68.

ASX:MBH's Days Payable is ranked better than
67.82% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.77 vs ASX:MBH: 63.90

Maggie Beer Holdings's Days Payable declined from Dec. 2022 (58.04) to Dec. 2023 (52.12). It may suggest that Maggie Beer Holdings accelerated paying its suppliers.

Maggie Beer Holdings Days Payable Historical Data

The historical data trend for Maggie Beer Holdings'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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Maggie Beer Holdings Days Payable Chart

Maggie Beer Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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105.99

80.79

70.56

57.91

44.83

Maggie Beer Holdings 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															52.04	377.65	58.04	66.16	52.12

Competitive Comparison of Maggie Beer Holdings's Days Payable

For the Packaged Foods subindustry, Maggie Beer Holdings'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.

Maggie Beer Holdings's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Maggie Beer Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Maggie Beer Holdings's Days Payable falls into.

Maggie Beer Holdings 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.

Maggie Beer Holdings'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
=	( (5.286	+	5.547)	/	2 )	/	44.098	*	365
=	5.4165					/	44.098	*	365
=	44.83

Maggie Beer Holdings'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
=	( (5.547	+	11.738)	/	2 )	/	30.264	*	365 / 2
=	8.6425					/	30.264	*	365 / 2
=	52.12

Maggie Beer Holdings Days Payable Related Terms

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Maggie Beer Holdings (ASX:MBH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Maggie Beer Holdings Ltd (ASX:MBH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Keith Street, Tanunda, Adelaide, SA, AUS, 5352

Website

https://www.maggiebeerholdings.com.au

Maggie Beer Holdings Ltd is engaged in the sale of branded premium food and beverage in Australia and overseas markets. There are three operating segments which are Maggie Beer Products(MBP), Hampers & Gifts Australia, Farm Paris Creek and Other corporate costs. It generates a vast majority of its revenues from the Hampers & Gifts Australia segment.

Maggie Beer Holdings (ASX:MBH) Headlines

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