Top Shelf International Holdings (ASX:TSI) Days Payable : 172.41 (As of Dec. 2023)

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What is Top Shelf International Holdings Days Payable?

Top Shelf International Holdings's average Accounts Payable for the six months ended in Dec. 2023 was A$10.16 Mil. Top Shelf International Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was A$10.75 Mil. Hence, Top Shelf International Holdings's Days Payable for the six months ended in Dec. 2023 was 172.41.

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

ASX:TSI' s Days Payable Range Over the Past 10 Years
Min: 157.69 Med: 176.85 Max: 308.33
Current: 165.67

During the past 4 years, Top Shelf International Holdings's highest Days Payable was 308.33. The lowest was 157.69. And the median was 176.85.

ASX:TSI's Days Payable is ranked better than
79.41% of 204 companies
in the Beverages - Alcoholic industry
Industry Median: 80.985 vs ASX:TSI: 165.67

Top Shelf International Holdings's Days Payable declined from Dec. 2022 (242.52) to Dec. 2023 (172.41). It may suggest that Top Shelf International Holdings accelerated paying its suppliers.

Top Shelf International Holdings Days Payable Historical Data

The historical data trend for Top Shelf International 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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Top Shelf International Holdings Days Payable Chart

Top Shelf International Holdings Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Days Payable

308.33

176.85

157.69

Top Shelf International Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			352.65	157.80	242.52	149.63	172.41

Competitive Comparison of Top Shelf International Holdings's Days Payable

For the Beverages - Brewers subindustry, Top Shelf International 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.

Top Shelf International Holdings's Days Payable Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Top Shelf International Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Top Shelf International Holdings's Days Payable falls into.

Top Shelf International 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.

Top Shelf International 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
=	( (9.169	+	9.38)	/	2 )	/	21.467	*	365
=	9.2745					/	21.467	*	365
=	157.69

Top Shelf International 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
=	( (9.38	+	10.937)	/	2 )	/	10.753	*	365 / 2
=	10.1585					/	10.753	*	365 / 2
=	172.41

Top Shelf International Holdings Days Payable Related Terms

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Top Shelf International Holdings (ASX:TSI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Top Shelf International Holdings Ltd (ASX:TSI) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

16-18 National Boulevard, Campbellfield, VIC, AUS, 3061

Website

https://www.topshelfgroup.com.au

Top Shelf International Holdings Ltd is a beverages manufacturer and distributor in Australia. The company's beverage manufacturing capability includes spirit distillation, maturation, mixing, carbonation along with canning and glass and PET bottling lines for supply into domestic and international markets of non-alcoholic and alcoholic beverages.