Reynolds Consumer Products (FRA:3ZT) Days Payable : 30.19 (As of Dec. 2023)

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What is Reynolds Consumer Products Days Payable?

Reynolds Consumer Products's average Accounts Payable for the three months ended in Dec. 2023 was €211 Mil. Reynolds Consumer Products's Cost of Goods Sold for the three months ended in Dec. 2023 was €639 Mil. Hence, Reynolds Consumer Products's Days Payable for the three months ended in Dec. 2023 was 30.19.

The historical rank and industry rank for Reynolds Consumer Products's Days Payable or its related term are showing as below:

FRA:3ZT' s Days Payable Range Over the Past 10 Years
Min: 20.3 Med: 25.5 Max: 30.79
Current: 30.17

During the past 8 years, Reynolds Consumer Products's highest Days Payable was 30.79. The lowest was 20.30. And the median was 25.50.

FRA:3ZT's Days Payable is ranked worse than
82.88% of 368 companies
in the Packaging & Containers industry
Industry Median: 57.64 vs FRA:3ZT: 30.17

Reynolds Consumer Products's Days Payable declined from Dec. 2022 (30.76) to Dec. 2023 (30.19). It may suggest that Reynolds Consumer Products accelerated paying its suppliers.

Reynolds Consumer Products Days Payable Historical Data

The historical data trend for Reynolds Consumer Products'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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Reynolds Consumer Products Days Payable Chart

Reynolds Consumer Products Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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22.71

26.52

28.78

29.81

31.03

Reynolds Consumer Products Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															30.76	30.76	29.33	30.50	30.19

Competitive Comparison of Reynolds Consumer Products's Days Payable

For the Packaging & Containers subindustry, Reynolds Consumer Products'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.

Reynolds Consumer Products's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Reynolds Consumer Products's Days Payable distribution charts can be found below:

* The bar in red indicates where Reynolds Consumer Products's Days Payable falls into.

Reynolds Consumer Products 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.

Reynolds Consumer Products'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
=	( (237.888	+	200.823)	/	2 )	/	2580.438	*	365
=	219.3555					/	2580.438	*	365
=	31.03

Reynolds Consumer Products'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (222.069	+	200.823)	/	2 )	/	639.149	*	365 / 4
=	211.446					/	639.149	*	365 / 4
=	30.19

Reynolds Consumer Products Days Payable Related Terms

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Reynolds Consumer Products (FRA:3ZT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Reynolds Consumer Products Inc (FRA:3ZT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

REYN:USA

Address

1900 W. Field Court, Lake Forest, IL, USA, 60045

Website

https://www.reynoldsconsumerproducts.com

Reynolds Consumer Products Inc is a provider of household products. The firm is engaged in the production and sales of cooking products, waste and storage products, and tableware. It operates through four reportable segments namely, Reynolds Cooking and Baking, Hefty Waste and Storage, Hefty Tableware, and Presto Products. Reynolds Cooking and Baking segment produce branded and store brand aluminum foil, disposable aluminum pans, parchment paper, freezer paper, wax paper, butcher paper, plastic wrap, baking cups, oven bags and slow cooker liners.

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