Olam Group (SGX:VC2) Days Payable : 31.77 (As of Jun. 2023)

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What is Olam Group Days Payable?

Olam Group's average Accounts Payable for the six months ended in Jun. 2023 was S$3,961 Mil. Olam Group's Cost of Goods Sold for the six months ended in Jun. 2023 was S$22,758 Mil. Hence, Olam Group's Days Payable for the six months ended in Jun. 2023 was 31.77.

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

SGX:VC2' s Days Payable Range Over the Past 10 Years
Min: 18.1 Med: 26.58 Max: 38.11
Current: 38.11

During the past 13 years, Olam Group's highest Days Payable was 38.11. The lowest was 18.10. And the median was 26.58.

SGX:VC2's Days Payable is ranked worse than
58.44% of 308 companies
in the Retail - Defensive industry
Industry Median: 43.72 vs SGX:VC2: 38.11

Olam Group's Days Payable declined from Jun. 2022 (36.30) to Jun. 2023 (31.77). It may suggest that Olam Group accelerated paying its suppliers.

Olam Group Days Payable Historical Data

The historical data trend for Olam 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.

* Premium members only.

Olam Group Days Payable Chart

Olam Group Annual Data

Trend

Jun13

Jun14

Jun15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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30.43

37.75

30.74

25.82

25.15

Olam Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial															34.79	39.74	36.30	37.65	31.77

Competitive Comparison of Olam Group's Days Payable

For the Food Distribution subindustry, Olam 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.

Olam Group's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Olam Group's Days Payable distribution charts can be found below:

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

Olam 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.

Olam Group's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (3774.316	+	3180.998)	/	2 )	/	50461.158	*	365
=	3477.657					/	50461.158	*	365
=	25.15

Olam Group's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (3180.998	+	4741.619)	/	2 )	/	22757.95	*	365 / 2
=	3961.3085					/	22757.95	*	365 / 2
=	31.77

Olam Group Days Payable Related Terms

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Olam Group (SGX:VC2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Olam Group Ltd (SGX:VC2) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

OLGPF:USA K25:Germany

Address

7 Straits View, Marina One East Tower, No. 20-01, Singapore, SGP, 018936

Website

https://www.olamgroup.com

Olam Group Ltd sources, processes, packages, and sells agricultural commodities. The company's operating segments include Olam Food Ingredients; Olam Global Agri and Olam International Limited. It generates maximum revenue from the Olam Global Agri segment. Geographically, it derives a majority of its revenue from Asia, the Middle East and Australia. Some of its products include Cocoa, Coffee, Cotton, Nuts, and Spices.

Olam Group (SGX:VC2) Headlines

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