Mayr-Melnhof Karton AG (WBO:MMK) Days Payable : 80.56 (As of Mar. 2024)

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What is Mayr-Melnhof Karton AG Days Payable?

Mayr-Melnhof Karton AG's average Accounts Payable for the three months ended in Mar. 2024 was €497 Mil. Mayr-Melnhof Karton AG's Cost of Goods Sold for the three months ended in Mar. 2024 was €563 Mil. Hence, Mayr-Melnhof Karton AG's Days Payable for the three months ended in Mar. 2024 was 80.56.

The historical rank and industry rank for Mayr-Melnhof Karton AG's Days Payable or its related term are showing as below:

WBO:MMK' s Days Payable Range Over the Past 10 Years
Min: 36.79 Med: 40.97 Max: 80.57
Current: 76.86

During the past 13 years, Mayr-Melnhof Karton AG's highest Days Payable was 80.57. The lowest was 36.79. And the median was 40.97.

WBO:MMK's Days Payable is ranked better than
64.59% of 370 companies
in the Packaging & Containers industry
Industry Median: 58.225 vs WBO:MMK: 76.86

Mayr-Melnhof Karton AG's Days Payable increased from Mar. 2023 (71.00) to Mar. 2024 (80.56). It may suggest that Mayr-Melnhof Karton AG delayed paying its suppliers.

Mayr-Melnhof Karton AG Days Payable Historical Data

The historical data trend for Mayr-Melnhof Karton AG'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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Mayr-Melnhof Karton AG Days Payable Chart

Mayr-Melnhof Karton AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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40.42

42.61

49.77

65.10

80.57

Mayr-Melnhof Karton AG 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															71.00	72.45	73.31	80.68	80.56

Competitive Comparison of Mayr-Melnhof Karton AG's Days Payable

For the Packaging & Containers subindustry, Mayr-Melnhof Karton AG'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.

Mayr-Melnhof Karton AG's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Mayr-Melnhof Karton AG's Days Payable distribution charts can be found below:

* The bar in red indicates where Mayr-Melnhof Karton AG's Days Payable falls into.

Mayr-Melnhof Karton AG 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.

Mayr-Melnhof Karton AG'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
=	( (499.677	+	515.272)	/	2 )	/	2298.973	*	365
=	507.4745					/	2298.973	*	365
=	80.57

Mayr-Melnhof Karton AG'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
=	( (515.272	+	478.461)	/	2 )	/	562.781	*	365 / 4
=	496.8665					/	562.781	*	365 / 4
=	80.56

Mayr-Melnhof Karton AG Days Payable Related Terms

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Mayr-Melnhof Karton AG (WBO:MMK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Mayr-Melnhof Karton AG (WBO:MMK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0NZ7:UK MYM:Germany

Address

Brahmsplatz 6, Vienna, AUT, A-1040

Website

https://www.mm.group

Mayr-Melnhof Karton AG manufactures and sells a variety of folding cartons for consumer goods packaging. The firm organizes itself into two segments based on the product type. The MM packaging segment, which generates the majority of revenue, sells packaging for consumer goods, which include cigarettes, pharmaceuticals, detergents, personal care products, and luxury products. The MM Board & Paper segment manufactures and markets numerous grades of cartonboard, focusing on coated cartonboard produced predominantly from recycled fibers as well as virgin fiber-based cartonboard. The vast majority of revenue comes from Europe.

Executives

Dr. Nikolaus Ankershofen	Supervisory Board
Mmag. Peter Oswald	Board of Directors
Univ.-prof. Dr. Klaus Rabel	Supervisory Board

Mayr-Melnhof Karton AG (WBO:MMK) Headlines

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