RPM Automotive Group (ASX:RPM) Days Payable : 61.41 (As of Dec. 2023)

View and export this data going back to 1983. Start your Free Trial

What is RPM Automotive Group Days Payable?

RPM Automotive Group's average Accounts Payable for the six months ended in Dec. 2023 was A$12.5 Mil. RPM Automotive Group's Cost of Goods Sold for the six months ended in Dec. 2023 was A$37.0 Mil. Hence, RPM Automotive Group's Days Payable for the six months ended in Dec. 2023 was 61.41.

The historical rank and industry rank for RPM Automotive Group's Days Payable or its related term are showing as below:

ASX:RPM' s Days Payable Range Over the Past 10 Years
Min: 54.27 Med: 63.21 Max: 69.17
Current: 69.17

During the past 13 years, RPM Automotive Group's highest Days Payable was 69.17. The lowest was 54.27. And the median was 63.21.

ASX:RPM's Days Payable is ranked better than
52.66% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 65.81 vs ASX:RPM: 69.17

RPM Automotive Group's Days Payable declined from Dec. 2022 (68.03) to Dec. 2023 (61.41). It may suggest that RPM Automotive Group accelerated paying its suppliers.

RPM Automotive Group Days Payable Historical Data

The historical data trend for RPM Automotive Group'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.

RPM Automotive Group Days Payable Chart

RPM Automotive Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

Get a 7-Day Free Trial

54.27

67.00

65.37

61.04

RPM Automotive Group 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															70.14	86.37	68.03	71.06	61.41

Competitive Comparison of RPM Automotive Group's Days Payable

For the Auto Parts subindustry, RPM Automotive Group'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.

RPM Automotive Group's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, RPM Automotive Group's Days Payable distribution charts can be found below:

* The bar in red indicates where RPM Automotive Group's Days Payable falls into.

RPM Automotive Group 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.

RPM Automotive Group'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
=	( (13.291	+	11.03)	/	2 )	/	72.711	*	365
=	12.1605					/	72.711	*	365
=	61.04

RPM Automotive Group'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
=	( (11.03	+	13.886)	/	2 )	/	37.021	*	365 / 2
=	12.458					/	37.021	*	365 / 2
=	61.41

RPM Automotive Group Days Payable Related Terms

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

RPM Automotive Group (ASX:RPM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » RPM Automotive Group Ltd (ASX:RPM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-7 Ausco Place, Dandenong South, Melbourne, VIC, AUS, 3175

Website

https://www.rpmgroup.net.au

RPM Automotive Group Ltd is an Australian based automotive group. The company's segment includes Motorsport; Repairs and Roadside; Wheels and Tyres and Accessories. It generates maximum revenue from the Repairs and Roadside segment.