Incitec Pivot (ASX:IPL) Days Payable : 122.24 (As of Sep. 2023)

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What is Incitec Pivot Days Payable?

Incitec Pivot's average Accounts Payable for the six months ended in Sep. 2023 was A$1,041 Mil. Incitec Pivot's Cost of Goods Sold for the six months ended in Sep. 2023 was A$1,554 Mil. Hence, Incitec Pivot's Days Payable for the six months ended in Sep. 2023 was 122.24.

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

ASX:IPL' s Days Payable Range Over the Past 10 Years
Min: 144.37 Med: 183.31 Max: 222.05
Current: 144.37

During the past 13 years, Incitec Pivot's highest Days Payable was 222.05. The lowest was 144.37. And the median was 183.31.

ASX:IPL's Days Payable is ranked better than
88.31% of 1505 companies
in the Chemicals industry
Industry Median: 61 vs ASX:IPL: 144.37

Incitec Pivot's Days Payable increased from Sep. 2022 (113.04) to Sep. 2023 (122.24). It may suggest that Incitec Pivot delayed paying its suppliers.

Incitec Pivot Days Payable Historical Data

The historical data trend for Incitec Pivot'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.

Incitec Pivot Days Payable Chart

Incitec Pivot Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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204.85

219.69

202.44

160.72

152.82

Incitec Pivot Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															161.99	193.86	113.04	160.38	122.24

Competitive Comparison of Incitec Pivot's Days Payable

For the Specialty Chemicals subindustry, Incitec Pivot'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.

Incitec Pivot's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Incitec Pivot's Days Payable distribution charts can be found below:

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

Incitec Pivot 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.

Incitec Pivot's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (1393.4	+	1059.3)	/	2 )	/	2929	*	365
=	1226.35					/	2929	*	365
=	152.82

Incitec Pivot's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (1022.8	+	1059.3)	/	2 )	/	1554.3	*	365 / 2
=	1041.05					/	1554.3	*	365 / 2
=	122.24

Incitec Pivot Days Payable Related Terms

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Incitec Pivot (ASX:IPL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Incitec Pivot Ltd (ASX:IPL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

INCZY:USA ICPVF:USA I5P:Germany

Address

28 Freshwater Place, Level 8, Southbank, Melbourne, VIC, AUS, 3006

Website

https://www.incitecpivot.com.au

Incitec Pivot is a leading global explosives company with operations in Australia, Asia, and the Americas. We estimate its share of the global commercial explosives market at about 15%. Explosives contributes around 80% of EBIT. Incitec Pivot is also a major Australian fertilizer producer and distributor and is the only Australian manufacturer of ammonium phosphates and urea. Ammonium phosphates are sold in the domestic market and exported.

Incitec Pivot (ASX:IPL) Headlines

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