Groupe Minoteries (XSWX:GMI) Days Payable : 34.58 (As of Dec. 2023)

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What is Groupe Minoteries Days Payable?

Groupe Minoteries's average Accounts Payable for the six months ended in Dec. 2023 was CHF10.0 Mil. Groupe Minoteries's Cost of Goods Sold for the six months ended in Dec. 2023 was CHF52.6 Mil. Hence, Groupe Minoteries's Days Payable for the six months ended in Dec. 2023 was 34.58.

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

XSWX:GMI' s Days Payable Range Over the Past 10 Years
Min: 38.49 Med: 42.06 Max: 44.22
Current: 39.72

During the past 13 years, Groupe Minoteries's highest Days Payable was 44.22. The lowest was 38.49. And the median was 42.06.

XSWX:GMI's Days Payable is ranked worse than
58.33% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 46.18 vs XSWX:GMI: 39.72

Groupe Minoteries's Days Payable declined from Dec. 2022 (41.47) to Dec. 2023 (34.58). It may suggest that Groupe Minoteries accelerated paying its suppliers.

Groupe Minoteries Days Payable Historical Data

The historical data trend for Groupe Minoteries'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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Groupe Minoteries Days Payable Chart

Groupe Minoteries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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40.88

38.49

39.70

44.22

42.77

Groupe Minoteries Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															32.99	37.22	41.47	41.96	34.58

Competitive Comparison of Groupe Minoteries's Days Payable

For the Farm Products subindustry, Groupe Minoteries'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.

Groupe Minoteries's Days Payable Distribution in the Consumer Packaged Goods Industry

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

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

Groupe Minoteries 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.

Groupe Minoteries'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
=	( (13.765	+	10.433)	/	2 )	/	103.261	*	365
=	12.099					/	103.261	*	365
=	42.77

Groupe Minoteries'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
=	( (9.512	+	10.433)	/	2 )	/	52.637	*	365 / 2
=	9.9725					/	52.637	*	365 / 2
=	34.58

Groupe Minoteries Days Payable Related Terms

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

Groupe Minoteries (XSWX:GMI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Groupe Minoteries SA (XSWX:GMI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GMIz:UK

Address

Route des Moulins 31, Case postale 68, Granges-pres-Marnand, CHE, 1523

Website

https://www.gmsa.ch

Groupe Minoteries SA is a manufacturer in Switzerland of breadmaking flours. It is engaged in production and sale of milled flour and grains. The company through its subsidiaries is also engaged in provisioning of pet food products.

Groupe Minoteries (XSWX:GMI) Headlines

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