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Grainger (LSE:GRI) Days Payable : 101.09 (As of Mar. 2024)


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What is Grainger Days Payable?

Grainger's average Accounts Payable for the six months ended in Mar. 2024 was £20.6 Mil. Grainger's Cost of Goods Sold for the six months ended in Mar. 2024 was £37.1 Mil. Hence, Grainger's Days Payable for the six months ended in Mar. 2024 was 101.09.

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

LSE:GRI' s Days Payable Range Over the Past 10 Years
Min: 22.31   Med: 54.32   Max: 230.36
Current: 71.98

During the past 13 years, Grainger's highest Days Payable was 230.36. The lowest was 22.31. And the median was 54.32.

LSE:GRI's Days Payable is ranked worse than
59.24% of 1580 companies
in the Real Estate industry
Industry Median: 98.245 vs LSE:GRI: 71.98

Grainger's Days Payable declined from Mar. 2023 (111.32) to Mar. 2024 (101.09). It may suggest that Grainger accelerated paying its suppliers.


Grainger Days Payable Historical Data

The historical data trend for Grainger'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.

Grainger Days Payable Chart

Grainger Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 194.69 230.36 57.05 57.50 63.74

Grainger Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 79.94 61.94 111.32 49.90 101.09

Competitive Comparison of Grainger's Days Payable

For the Real Estate Services subindustry, Grainger'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.


Grainger's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Grainger's Days Payable distribution charts can be found below:

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



Grainger 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.

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

Days Payable (A: Sep. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2022 ) + Accounts Payable (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (22.8 + 15.9) / 2 ) / 110.8*365
=19.35 / 110.8*365
=63.74

Grainger's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (15.9 + 25.2) / 2 ) / 37.1*365 / 2
=20.55 / 37.1*365 / 2
=101.09

* 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.


Grainger Days Payable Related Terms

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Grainger (LSE:GRI) Business Description

Traded in Other Exchanges
Address
St James' Boulevard, Citygate, Newcastle upon Tyne, GBR, NE1 4JE
Grainger PLC owns, leases, and manages residential properties. The company derives the vast majority of its revenue through property sales and rental income. The business categorizes its operations into U.K. residential, retirement solutions, fund and third-party management, the U.K. and European development, German residential, and other. U.K. Residential represents the bulk of the group's revenue, with retirement solutions and the U.K and European development also contributing a substantial portion. The company also offers residential fund- and asset management services. The two segments for the company are PRS and Reversionary.

Grainger (LSE:GRI) Headlines

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