Marfrig Global Foods (BSP:MRFG3) Days Payable : 54.04 (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Marfrig Global Foods Days Payable?

Marfrig Global Foods's average Accounts Payable for the three months ended in Mar. 2024 was R$16,436 Mil. Marfrig Global Foods's Cost of Goods Sold for the three months ended in Mar. 2024 was R$27,753 Mil. Hence, Marfrig Global Foods's Days Payable for the three months ended in Mar. 2024 was 54.04.

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

BSP:MRFG3' s Days Payable Range Over the Past 10 Years
Min: 17.65 Med: 39.33 Max: 90.77
Current: 51.99

During the past 13 years, Marfrig Global Foods's highest Days Payable was 90.77. The lowest was 17.65. And the median was 39.33.

BSP:MRFG3's Days Payable is ranked better than
56.58% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 46.07 vs BSP:MRFG3: 51.99

Marfrig Global Foods's Days Payable declined from Mar. 2023 (58.96) to Mar. 2024 (54.04). It may suggest that Marfrig Global Foods accelerated paying its suppliers.

Marfrig Global Foods Days Payable Historical Data

The historical data trend for Marfrig Global Foods'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.

Marfrig Global Foods Days Payable Chart

Marfrig Global Foods Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

22.30

18.38

17.65

37.96

54.56

Marfrig Global Foods 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															58.96	53.18	50.99	50.52	54.04

Competitive Comparison of Marfrig Global Foods's Days Payable

For the Packaged Foods subindustry, Marfrig Global Foods'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.

Marfrig Global Foods's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Marfrig Global Foods's Days Payable distribution charts can be found below:

* The bar in red indicates where Marfrig Global Foods's Days Payable falls into.

Marfrig Global Foods 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.

Marfrig Global Foods'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
=	( (18824.682	+	16706.98)	/	2 )	/	118840.54	*	365
=	17765.831					/	118840.54	*	365
=	54.56

Marfrig Global Foods'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
=	( (16706.98	+	16165.208)	/	2 )	/	27753.193	*	365 / 4
=	16436.094					/	27753.193	*	365 / 4
=	54.04

Marfrig Global Foods Days Payable Related Terms

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

Marfrig Global Foods (BSP:MRFG3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Marfrig Global Foods SA (BSP:MRFG3) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MRRTY:USA MGP1:Germany

Address

Avenida Queiroz Filho, 1560, Torre Sabia, 3rd Floor, Vila Hamburguesa, Sao Paulo, SP, BRA, 05319-000

Website

https://www.marfrig.com.br

Marfrig Global Foods SA is a Brazilian-based food processing company that produces, processes, and distributes meat and non-meat products. The company has operations worldwide, including in Brazil, Argentina, Chile, Uruguay, and the United States. The company's activities include production and processing of foods made from animal proteins as well as other products such as frozen vegetables and sauces. The company organizes itself into four main segments: Beef - North America, Beef - South America, Poultry, Pork and Processed Products - BRF and Corporate. The company earns more than half of its revenue through its operations in Beef - North America.

Marfrig Global Foods (BSP:MRFG3) Headlines

No Headlines