Cherkizovo Group PJSC (MIC:GCHE) Days Payable : 47.86 (As of Dec. 2023)

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What is Cherkizovo Group PJSC Days Payable?

Cherkizovo Group PJSC's average Accounts Payable for the six months ended in Dec. 2023 was ₽21,894 Mil. Cherkizovo Group PJSC's Cost of Goods Sold for the six months ended in Dec. 2023 was ₽83,480 Mil. Hence, Cherkizovo Group PJSC's Days Payable for the six months ended in Dec. 2023 was 47.86.

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

MIC:GCHE' s Days Payable Range Over the Past 10 Years
Min: 35.6 Med: 48.9 Max: 54.05
Current: 50.87

During the past 13 years, Cherkizovo Group PJSC's highest Days Payable was 54.05. The lowest was 35.60. And the median was 48.90.

MIC:GCHE's Days Payable is ranked better than
55.98% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 45.835 vs MIC:GCHE: 50.87

Cherkizovo Group PJSC's Days Payable increased from Dec. 2022 (40.57) to Dec. 2023 (47.86). It may suggest that Cherkizovo Group PJSC delayed paying its suppliers.

Cherkizovo Group PJSC Days Payable Historical Data

The historical data trend for Cherkizovo Group PJSC'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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Cherkizovo Group PJSC Days Payable Chart

Cherkizovo Group PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

43.60

54.05

52.55

49.55

53.54

Cherkizovo Group PJSC 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															44.52	39.49	40.57	51.54	47.86

Competitive Comparison of Cherkizovo Group PJSC's Days Payable

For the Packaged Foods subindustry, Cherkizovo Group PJSC'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.

Cherkizovo Group PJSC's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Cherkizovo Group PJSC's Days Payable falls into.

Cherkizovo Group PJSC 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.

Cherkizovo Group PJSC'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
=	( (20340	+	24653)	/	2 )	/	153363	*	365
=	22496.5					/	153363	*	365
=	53.54

Cherkizovo Group PJSC'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
=	( (19135	+	24653)	/	2 )	/	83480	*	365 / 2
=	21894					/	83480	*	365 / 2
=	47.86

Cherkizovo Group PJSC Days Payable Related Terms

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Cherkizovo Group PJSC (MIC:GCHE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Cherkizovo Group PJSC (MIC:GCHE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1, Cherkizovskaya Street, Topkanovo Village, Kashira, Moscow, RUS, 142931

Website

https://www.cherkizovo.com

Cherkizovo Group PJSC is an integrated diversified meat producer in the Russian Federation. Its business segments are Meat Processing, Chicken, Pork, Grain, and Other. The company generates maximum revenue from the Poultry segment. Its Poultry segment operations consist of breeding, raising and processing broilers, as well as sales of chilled and frozen chicken products. The Meat processing segment operations include the production of two distinct product lines: the Sausages product line, which comprises a wide range of processed meat products, including sausages, ham, hot dogs, and the Pork product line, which comprises production and sales of pork meat.

Cherkizovo Group PJSC (MIC:GCHE) Headlines

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