Wide Open Agriculture (ASX:WOA) Days Payable : 71.05 (As of Dec. 2023)

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What is Wide Open Agriculture Days Payable?

Wide Open Agriculture's average Accounts Payable for the six months ended in Dec. 2023 was A$1.95 Mil. Wide Open Agriculture's Cost of Goods Sold for the six months ended in Dec. 2023 was A$5.01 Mil. Hence, Wide Open Agriculture's Days Payable for the six months ended in Dec. 2023 was 71.05.

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

ASX:WOA' s Days Payable Range Over the Past 10 Years
Min: 27 Med: 38.02 Max: 300.11
Current: 63.38

During the past 5 years, Wide Open Agriculture's highest Days Payable was 300.11. The lowest was 27.00. And the median was 38.02.

ASX:WOA's Days Payable is ranked better than
67.26% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.77 vs ASX:WOA: 63.38

Wide Open Agriculture's Days Payable increased from Dec. 2022 (51.26) to Dec. 2023 (71.05). It may suggest that Wide Open Agriculture delayed paying its suppliers.

Wide Open Agriculture Days Payable Historical Data

The historical data trend for Wide Open Agriculture'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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Wide Open Agriculture Days Payable Chart

Wide Open Agriculture Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

300.11

27.00

38.02

37.73

38.52

Wide Open Agriculture Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial							39.98	39.68	51.26	45.74	71.05

Competitive Comparison of Wide Open Agriculture's Days Payable

For the Packaged Foods subindustry, Wide Open Agriculture'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.

Wide Open Agriculture's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Wide Open Agriculture's Days Payable falls into.

Wide Open Agriculture 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.

Wide Open Agriculture'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
=	( (1.091	+	1.177)	/	2 )	/	10.745	*	365
=	1.134					/	10.745	*	365
=	38.52

Wide Open Agriculture'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
=	( (1.177	+	2.723)	/	2 )	/	5.009	*	365 / 2
=	1.95					/	5.009	*	365 / 2
=	71.05

Wide Open Agriculture Days Payable Related Terms

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Wide Open Agriculture (ASX:WOA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Wide Open Agriculture Ltd (ASX:WOA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

2WO:Germany

Address

1 Winton Street, Kewdale, WA, AUS, 6105

Website

https://www.wideopenagriculture.com.au

Wide Open Agriculture Ltd is an Australia-based regenerative food and agriculture company. The company is into the development of its farmland portfolio and its food brand, Dirty Clean Food, Buntine Protein, and Dirty Clean Food Oat Milk. The company generates the majority of its revenues from sales of Dirty Clean Food products.

Wide Open Agriculture (ASX:WOA) Headlines

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