Multistack International (ASX:MSI) Days Payable : 1,288.66 (As of Dec. 2023)

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What is Multistack International Days Payable?

Multistack International's average Accounts Payable for the six months ended in Dec. 2023 was A$1.96 Mil. Multistack International's Cost of Goods Sold for the six months ended in Dec. 2023 was A$0.28 Mil. Hence, Multistack International's Days Payable for the six months ended in Dec. 2023 was 1,288.66.

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

ASX:MSI' s Days Payable Range Over the Past 10 Years
Min: 17.84 Med: 161.3 Max: 861.91
Current: 422.4

During the past 13 years, Multistack International's highest Days Payable was 861.91. The lowest was 17.84. And the median was 161.30.

ASX:MSI's Days Payable is ranked better than
97.58% of 2936 companies
in the Industrial Products industry
Industry Median: 76.395 vs ASX:MSI: 422.40

Multistack International's Days Payable declined from Dec. 2022 (2,093.64) to Dec. 2023 (1,288.66). It may suggest that Multistack International accelerated paying its suppliers.

Multistack International Days Payable Historical Data

The historical data trend for Multistack International'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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Multistack International Days Payable Chart

Multistack International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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231.51

468.35

414.24

861.91

382.70

Multistack International 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															994.76	1,053.48	2,093.64	242.17	1,288.66

Competitive Comparison of Multistack International's Days Payable

For the Specialty Industrial Machinery subindustry, Multistack International'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.

Multistack International's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Multistack International's Days Payable distribution charts can be found below:

* The bar in red indicates where Multistack International's Days Payable falls into.

Multistack International 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.

Multistack International'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
=	( (1.122	+	1.927)	/	2 )	/	1.454	*	365
=	1.5245					/	1.454	*	365
=	382.70

Multistack International'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
=	( (1.999	+	1.927)	/	2 )	/	0.278	*	365 / 2
=	1.963					/	0.278	*	365 / 2
=	1,288.66

Multistack International Days Payable Related Terms

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Multistack International (ASX:MSI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Multistack International Ltd (ASX:MSI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

17 Friars Road, Moorabbin, Melbourne, VIC, AUS, 3189

Website

https://www.multistack.com.au

Multistack International Ltd engages in the marketing and distribution of industrial air conditioning equipment through its wholly-owned subsidiary, DunnAir International Ltd. The company has two segments namely Heating, ventilation, air conditioning, and Passive investment operations. It generates maximum revenue from the Heating, ventilation, and air conditioning segment. The company distributes its products in New Zealand, the Philippines, South Korea, and the middle east region. Its products include Water-Cooled, Air-Cooled, MagLev Water-Cooled, MagLev Air-Cooled, Heat Pump/Dedicated Heat Recovery Chillers, Centrifugal Modules, and Air-Cooled Split.