Danone (Danone) Days Payable : 126.71 (As of Dec. 2023)

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What is Danone Days Payable?

Danone's average Accounts Payable for the six months ended in Dec. 2023 was $5,348 Mil. Danone's Cost of Goods Sold for the six months ended in Dec. 2023 was $7,703 Mil. Hence, Danone's Days Payable for the six months ended in Dec. 2023 was 126.71.

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

DANOY' s Days Payable Range Over the Past 10 Years
Min: 106.77 Med: 109.65 Max: 125.63
Current: 123.39

During the past 13 years, Danone's highest Days Payable was 125.63. The lowest was 106.77. And the median was 109.65.

DANOY's Days Payable is ranked better than
86.96% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.76 vs DANOY: 123.39

Danone's Days Payable increased from Dec. 2022 (114.18) to Dec. 2023 (126.71). It may suggest that Danone delayed paying its suppliers.

Danone Days Payable Historical Data

The historical data trend for Danone'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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Danone Days Payable Chart

Danone Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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109.43

105.37

110.57

112.07

119.76

Danone 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															114.14	116.39	114.18	120.34	126.71

Competitive Comparison of Danone's Days Payable

For the Packaged Foods subindustry, Danone'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.

Danone's Days Payable Distribution in the Consumer Packaged Goods Industry

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

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

Danone 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.

Danone's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (5189.619	+	5211.559)	/	2 )	/	15850.6	*	365
=	5200.589					/	15850.6	*	365
=	119.76

Danone'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
=	( (5485.374	+	5211.559)	/	2 )	/	7703.381	*	365 / 2
=	5348.4665					/	7703.381	*	365 / 2
=	126.71

Danone Days Payable Related Terms

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Danone (Danone) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Danone SA (OTCPK:DANOY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GPDNF:USA BNN:Mexico BNp:UK 0KFX:UK BN:France BSN:Germany BN:Austria

Address

17, Boulevard Haussmann, Paris, FRA, 75009

Website

https://www.danone.com

Following the acquisition of WhiteWave, Danone restructured the firm into three broad segments: essential dairy and plant-based products, which represents just over half of group revenue; specialised nutrition; and bottled water. The firm's portfolio includes well-known brands such as Danone/Dannon dairy products, Nutrilon and Cow & Gate infant nutrition, Evian and Volvic bottled water, as well as leading medical nutrition brands. Danone derives about 60% of its annual sales outside Western Europe, up from about just one third in 2001.