Marlborough Wine Estates Group (NZSE:MWE) Days Payable : 69.17 (As of Dec. 2023)

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What is Marlborough Wine Estates Group Days Payable?

Marlborough Wine Estates Group's average Accounts Payable for the six months ended in Dec. 2023 was NZ$1.19 Mil. Marlborough Wine Estates Group's Cost of Goods Sold for the six months ended in Dec. 2023 was NZ$3.14 Mil. Hence, Marlborough Wine Estates Group's Days Payable for the six months ended in Dec. 2023 was 69.17.

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

NZSE:MWE' s Days Payable Range Over the Past 10 Years
Min: 25.23 Med: 48.49 Max: 102.29
Current: 66.37

During the past 8 years, Marlborough Wine Estates Group's highest Days Payable was 102.29. The lowest was 25.23. And the median was 48.49.

NZSE:MWE's Days Payable is ranked worse than
61.46% of 205 companies
in the Beverages - Alcoholic industry
Industry Median: 80.27 vs NZSE:MWE: 66.37

Marlborough Wine Estates Group's Days Payable increased from Dec. 2022 (67.49) to Dec. 2023 (69.17). It may suggest that Marlborough Wine Estates Group delayed paying its suppliers.

Marlborough Wine Estates Group Days Payable Historical Data

The historical data trend for Marlborough Wine Estates 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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Marlborough Wine Estates Group Days Payable Chart

Marlborough Wine Estates Group Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

Get a 7-Day Free Trial

33.53

57.94

73.84

102.29

100.84

Marlborough Wine Estates Group Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial											65.32	83.99	67.49	83.16	69.17

Competitive Comparison of Marlborough Wine Estates Group's Days Payable

For the Beverages - Wineries & Distilleries subindustry, Marlborough Wine Estates 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.

Marlborough Wine Estates Group's Days Payable Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Marlborough Wine Estates Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Marlborough Wine Estates Group's Days Payable falls into.

Marlborough Wine Estates 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.

Marlborough Wine Estates Group'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
=	( (1.573	+	1.628)	/	2 )	/	5.793	*	365
=	1.6005					/	5.793	*	365
=	100.84

Marlborough Wine Estates 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
=	( (1.628	+	0.75)	/	2 )	/	3.137	*	365 / 2
=	1.189					/	3.137	*	365 / 2
=	69.17

Marlborough Wine Estates Group Days Payable Related Terms

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Marlborough Wine Estates Group (NZSE:MWE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Marlborough Wine Estates Group Ltd (NZSE:MWE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-7 Kingdon Street, Level 6, Newmarket, Central, Auckland, NTL, NZL

Website

https://www.nzmwe.com

Marlborough Wine Estates Group Ltd is a New Zealand-based company engaged in vineyard maintenance, grape production, and winemaking. It operates under the brand names of O:TU wines and Music Bay. The group operates in various geographical areas including New Zealand and Oceania; United States; UK/Europe; Australasia and Others. It derives a majority of its revenue from New Zealand and Oceania.