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Sodexo (XPAR:SW) Days Payable : 43.64 (As of Feb. 2024)


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What is Sodexo Days Payable?

Sodexo's average Accounts Payable for the six months ended in Feb. 2024 was €2,541 Mil. Sodexo's Cost of Goods Sold for the six months ended in Feb. 2024 was €10,626 Mil. Hence, Sodexo's Days Payable for the six months ended in Feb. 2024 was 43.64.

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

XPAR:SW' s Days Payable Range Over the Past 10 Years
Min: 40.77   Med: 45.93   Max: 50.08
Current: 46.88

During the past 13 years, Sodexo's highest Days Payable was 50.08. The lowest was 40.77. And the median was 45.93.

XPAR:SW's Days Payable is ranked worse than
50.49% of 927 companies
in the Business Services industry
Industry Median: 47.14 vs XPAR:SW: 46.88

Sodexo's Days Payable declined from Feb. 2023 (49.13) to Feb. 2024 (43.64). It may suggest that Sodexo accelerated paying its suppliers.


Sodexo Days Payable Historical Data

The historical data trend for Sodexo'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.

Sodexo Days Payable Chart

Sodexo Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.15 47.85 49.60 50.08 47.73

Sodexo 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 46.96 51.15 49.13 49.33 43.64

Competitive Comparison of Sodexo's Days Payable

For the Specialty Business Services subindustry, Sodexo'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.


Sodexo's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sodexo's Days Payable distribution charts can be found below:

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



Sodexo 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.

Sodexo'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
=( (2707 + 2502) / 2 ) / 19917*365
=2604.5 / 19917*365
=47.73

Sodexo'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
=( (2502 + 2580) / 2 ) / 10626*365 / 2
=2541 / 10626*365 / 2
=43.64

* 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.


Sodexo Days Payable Related Terms

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


Sodexo (XPAR:SW) Business Description

Traded in Other Exchanges
Address
255 Quai de la Bataille de Stalingrad, Issy-les-Moulineaux (Hauts-de-Seine), Cedex 9, Paris, FRA, 92130
Sodexo is one of the largest food service companies globally, operating in more than 80 countries with annual sales of over EUR 21 billion. Sodexo's model stems from operating on-premise catering facilities, rather than centralised industrial kitchens. While food services remains the largest business segment (58% of revenue in 2022), the company has actively pursued a strategy of diversifying its business activities into other areas, such as facilities-management services, which now represents 38% of group revenue.

Sodexo (XPAR:SW) Headlines

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