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Wellnex Life (ASX:WNX) Days Payable : 296.89 (As of Dec. 2023)


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What is Wellnex Life Days Payable?

Wellnex Life's average Accounts Payable for the six months ended in Dec. 2023 was A$8.15 Mil. Wellnex Life's Cost of Goods Sold for the six months ended in Dec. 2023 was A$5.01 Mil. Hence, Wellnex Life's Days Payable for the six months ended in Dec. 2023 was 296.89.

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

ASX:WNX' s Days Payable Range Over the Past 10 Years
Min: 84.24   Med: 446.34   Max: 5140.73
Current: 195.96

During the past 7 years, Wellnex Life's highest Days Payable was 5140.73. The lowest was 84.24. And the median was 446.34.

ASX:WNX's Days Payable is ranked better than
92.84% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.77 vs ASX:WNX: 195.96

Wellnex Life's Days Payable increased from Dec. 2022 (137.95) to Dec. 2023 (296.89). It may suggest that Wellnex Life delayed paying its suppliers.


Wellnex Life Days Payable Historical Data

The historical data trend for Wellnex Life'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.

Wellnex Life Days Payable Chart

Wellnex Life Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial 1,686.54 5,140.73 1,431.69 84.24 95.12

Wellnex Life Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 97.23 130.96 137.95 132.73 296.89

Competitive Comparison of Wellnex Life's Days Payable

For the Packaged Foods subindustry, Wellnex Life'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.


Wellnex Life's Days Payable Distribution in the Consumer Packaged Goods Industry

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

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



Wellnex Life 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.

Wellnex Life'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
=( (5.707 + 6.353) / 2 ) / 23.138*365
=6.03 / 23.138*365
=95.12

Wellnex Life'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
=( (6.353 + 9.941) / 2 ) / 5.008*365 / 2
=8.147 / 5.008*365 / 2
=296.89

* 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.


Wellnex Life Days Payable Related Terms

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Wellnex Life (ASX:WNX) Business Description

Traded in Other Exchanges
Address
574 Plummer Street, Building 2, Level 3, Suite 69, Port Melbourne, Melbourne, VIC, AUS, 3207
Wellnex Life Ltd is a health and wellness company which is engaged in developing health and wellness products. It offers products including nutritional food products, natural baby skincare range, and nutritional health supplement range. The company offers its products through brands such as The Iron Company, Mr Bright, Nighty Night and others.

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