GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Universal Corp (STU:UVV) » Definitions » Days Payable

Universal (STU:UVV) Days Payable : 14.68 (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Universal Days Payable?

Universal's average Accounts Payable for the three months ended in Mar. 2024 was €92 Mil. Universal's Cost of Goods Sold for the three months ended in Mar. 2024 was €570 Mil. Hence, Universal's Days Payable for the three months ended in Mar. 2024 was 14.68.

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

STU:UVV' s Days Payable Range Over the Past 10 Years
Min: 14.83   Med: 32.37   Max: 37.4
Current: 14.83

During the past 13 years, Universal's highest Days Payable was 37.40. The lowest was 14.83. And the median was 32.37.

STU:UVV's Days Payable is ranked worse than
86% of 50 companies
in the Tobacco Products industry
Industry Median: 59.225 vs STU:UVV: 14.83

Universal's Days Payable declined from Mar. 2023 (23.93) to Mar. 2024 (14.68). It may suggest that Universal accelerated paying its suppliers.


Universal Days Payable Historical Data

The historical data trend for Universal'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.

Universal Days Payable Chart

Universal Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.21 33.35 32.74 22.30 16.56

Universal Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 23.93 19.04 14.35 11.28 14.68

Competitive Comparison of Universal's Days Payable

For the Tobacco subindustry, Universal'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.


Universal's Days Payable Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Universal's Days Payable distribution charts can be found below:

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



Universal 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.

Universal's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (83.166 + 101.52) / 2 ) / 2035.477*365
=92.343 / 2035.477*365
=16.56

Universal'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: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (82.001 + 101.52) / 2 ) / 570.346*365 / 4
=91.7605 / 570.346*365 / 4
=14.68

* 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.


Universal Days Payable Related Terms

Thank you for viewing the detailed overview of Universal's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Universal (STU:UVV) Business Description

Traded in Other Exchanges
Address
9201 Forest Hill Avenue, Richmond, VA, USA, 23235
Universal Corp is a global leaf tobacco supplier. The company procures leaf tobacco from farmers, processes it, and sells it to companies that manufacture consumer tobacco products. Universal does not manufacture or sell any consumer products itself. The company's segment includes Tobacco Operations and Ingredients Operations. It generates maximum revenue from the Tobacco Operations segment. Geographically, it derives a majority of revenue from the United States.