Schaffer (ASX:SFC) Days Payable : 48.94 (As of Dec. 2023)

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What is Schaffer Days Payable?

Schaffer's average Accounts Payable for the six months ended in Dec. 2023 was A$22.6 Mil. Schaffer's Cost of Goods Sold for the six months ended in Dec. 2023 was A$84.1 Mil. Hence, Schaffer's Days Payable for the six months ended in Dec. 2023 was 48.94.

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

ASX:SFC' s Days Payable Range Over the Past 10 Years
Min: 55.68 Med: 64.53 Max: 98.43
Current: 55.68

During the past 13 years, Schaffer's highest Days Payable was 98.43. The lowest was 55.68. And the median was 64.53.

ASX:SFC's Days Payable is ranked worse than
59.07% of 1263 companies
in the Vehicles & Parts industry
Industry Median: 66.92 vs ASX:SFC: 55.68

Schaffer's Days Payable declined from Dec. 2022 (93.70) to Dec. 2023 (48.94). It may suggest that Schaffer accelerated paying its suppliers.

Schaffer Days Payable Historical Data

The historical data trend for Schaffer'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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Schaffer Days Payable Chart

Schaffer Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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69.81

61.35

56.77

98.43

76.99

Schaffer 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															96.78	81.51	93.70	59.57	48.94

Competitive Comparison of Schaffer's Days Payable

For the Auto Parts subindustry, Schaffer'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.

Schaffer's Days Payable Distribution in the Vehicles & Parts Industry

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

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

Schaffer 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.

Schaffer'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
=	( (37.225	+	21.333)	/	2 )	/	138.802	*	365
=	29.279					/	138.802	*	365
=	76.99

Schaffer'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
=	( (21.333	+	23.787)	/	2 )	/	84.13	*	365 / 2
=	22.56					/	84.13	*	365 / 2
=	48.94

Schaffer Days Payable Related Terms

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Schaffer (ASX:SFC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Schaffer Corp Ltd (ASX:SFC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1305 Hay Street, West Perth, Perth, WA, AUS, 6005

Website

https://www.schaffer.com.au

Schaffer Corp Ltd engages in the business of automotive leather manufacturing. The firm operates through the following segments: The Automotive Leather segment which generates majority revenue for the company manufactures and supplies leather in the automotive industries. The Building Materials segment produces and sells concrete paving, pre-cast, and pre-stressed concrete elements. The Group Investments segment includes syndicated property investments and investment property and includes the leasing office and retail properties. Its geographical segments include Europe, Asia, and Australia of which the majority of the revenue derives from Europe.

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