Hilton Food Group (LSE:HFG) Days Payable : 42.54 (As of Dec. 2023)

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What is Hilton Food Group Days Payable?

Hilton Food Group's average Accounts Payable for the six months ended in Dec. 2023 was £386 Mil. Hilton Food Group's Cost of Goods Sold for the six months ended in Dec. 2023 was £1,658 Mil. Hence, Hilton Food Group's Days Payable for the six months ended in Dec. 2023 was 42.54.

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

LSE:HFG' s Days Payable Range Over the Past 10 Years
Min: 36.02 Med: 45.04 Max: 58.37
Current: 38.94

During the past 13 years, Hilton Food Group's highest Days Payable was 58.37. The lowest was 36.02. And the median was 45.04.

LSE:HFG's Days Payable is ranked worse than
58.79% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 45.64 vs LSE:HFG: 38.94

Hilton Food Group's Days Payable increased from Dec. 2022 (41.19) to Dec. 2023 (42.54). It may suggest that Hilton Food Group delayed paying its suppliers.

Hilton Food Group Days Payable Historical Data

The historical data trend for Hilton Food Group'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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Hilton Food Group Days Payable Chart

Hilton Food Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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58.37

39.92

36.02

36.39

38.09

Hilton Food Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jul16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															41.26	34.68	41.19	36.60	42.54

Competitive Comparison of Hilton Food Group's Days Payable

For the Packaged Foods subindustry, Hilton Food Group'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.

Hilton Food Group's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Hilton Food Group's Days Payable falls into.

Hilton Food Group 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.

Hilton Food Group'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
=	( (366.222	+	376.552)	/	2 )	/	3559.185	*	365
=	371.387					/	3559.185	*	365
=	38.09

Hilton Food Group'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
=	( (396.364	+	376.552)	/	2 )	/	1657.838	*	365 / 2
=	386.458					/	1657.838	*	365 / 2
=	42.54

Hilton Food Group Days Payable Related Terms

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Hilton Food Group (LSE:HFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hilton Food Group PLC (LSE:HFG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HFGl:UK HFG.GB:UK FAG:Germany

Address

Latham Road, 2-8 The Interchange, Huntingdon, Cambridgeshire, GBR, PE29 6YE

Website

https://www.hiltonfoods.com

Hilton Food Group PLC is engaged in the specialist retail meat-packing business supplying international food retailers in Europe, Australia, and New Zealand. It is into wholesaling of food protein products including meat, seafood, and vegetarian. The company has three operating segments, namely Europe (which consists of The United Kingdom, Netherlands, Belgium, the Republic of Ireland, Sweden, Denmark, Central Europe including Poland, the Czech Republic, Hungary, Slovakia, Latvia, Lithuania, and Estonia, and Portugal), APAC, and Central costs. The company derives a majority of its revenue from the European Countries.

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