Carr's Group (LSE:CARR) Days Payable : 38.92 (As of Feb. 2024)

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What is Carr's Group Days Payable?

Carr's Group's average Accounts Payable for the six months ended in Feb. 2024 was £13.6 Mil. Carr's Group's Cost of Goods Sold for the six months ended in Feb. 2024 was £63.6 Mil. Hence, Carr's Group's Days Payable for the six months ended in Feb. 2024 was 38.92.

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

LSE:CARR' s Days Payable Range Over the Past 10 Years
Min: 21.3 Med: 30.2 Max: 146.89
Current: 49.58

During the past 13 years, Carr's Group's highest Days Payable was 146.89. The lowest was 21.30. And the median was 30.20.

LSE:CARR's Days Payable is ranked better than
54.33% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 46.09 vs LSE:CARR: 49.58

Carr's Group's Days Payable declined from Feb. 2023 (43.55) to Feb. 2024 (38.92). It may suggest that Carr's Group accelerated paying its suppliers.

Carr's Group Days Payable Historical Data

The historical data trend for Carr's 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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Carr's Group Days Payable Chart

Carr's Group Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Payable

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42.39

62.69

146.89

52.37

31.45

Carr's Group Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Days Payable	Get a 7-Day Free Trial															173.90	164.09	43.55	50.30	38.92

Competitive Comparison of Carr's Group's Days Payable

For the Packaged Foods subindustry, Carr's 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.

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

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

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

Carr's 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.

Carr's Group's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

	Days Payable (A: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2022 )	+	Accounts Payable (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (10.886	+	8.232)	/	2 )	/	110.924	*	365
=	9.559					/	110.924	*	365
=	31.45

Carr's Group's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (8.232	+	18.883)	/	2 )	/	63.574	*	365 / 2
=	13.5575					/	63.574	*	365 / 2
=	38.92

Carr's Group Days Payable Related Terms

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Carr's Group (LSE:CARR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Carr's Group PLC (LSE:CARR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CARRl:UK CARR.GB:UK

Address

Old Croft, Stanwix, Carlisle, Cumbria, GBR, CA3 9BA

Website

https://www.carrsgroup.com

Carr's Group PLC is a British farm supplies company. The company operates through two segments: Speciality Agriculture and Engineering. The Speciality Agriculture segment derives its revenue from the sale of animal feed blocks and animal health products. The Engineering segment derives its revenue from the provision of engineering services and the design and manufacture of bespoke equipment for use in the nuclear, naval defence, oil and gas, and petrochemical industries and the products include manipulators, robotics, specialist fabrication and precision machining. The company generates the majority of its revenue from the Speciality Agriculture segment.