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Mader Group (ASX:MAD) Days Payable : 17.15 (As of Dec. 2023)


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What is Mader Group Days Payable?

Mader Group's average Accounts Payable for the six months ended in Dec. 2023 was A$27.3 Mil. Mader Group's Cost of Goods Sold for the six months ended in Dec. 2023 was A$290.5 Mil. Hence, Mader Group's Days Payable for the six months ended in Dec. 2023 was 17.15.

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

ASX:MAD' s Days Payable Range Over the Past 10 Years
Min: 2.69   Med: 3.96   Max: 21.23
Current: 21.23

During the past 4 years, Mader Group's highest Days Payable was 21.23. The lowest was 2.69. And the median was 3.96.

ASX:MAD's Days Payable is ranked worse than
76.84% of 924 companies
in the Business Services industry
Industry Median: 47.74 vs ASX:MAD: 21.23

Mader Group's Days Payable declined from Dec. 2022 (19.30) to Dec. 2023 (17.15). It may suggest that Mader Group accelerated paying its suppliers.


Mader Group Days Payable Historical Data

The historical data trend for Mader 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.

Mader Group Days Payable Chart

Mader Group Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Days Payable
2.77 2.69 5.14 5.72

Mader Group Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.67 17.92 19.30 17.30 17.15

Competitive Comparison of Mader Group's Days Payable

For the Specialty Business Services subindustry, Mader 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.


Mader Group's Days Payable Distribution in the Business Services Industry

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

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



Mader 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.

Mader Group's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (7.135 + 7.691) / 2 ) / 472.942*365
=7.413 / 472.942*365
=5.72

Mader Group'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
=( (7.691 + 46.902) / 2 ) / 290.549*365 / 2
=27.2965 / 290.549*365 / 2
=17.15

* 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.


Mader Group Days Payable Related Terms

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Mader Group (ASX:MAD) Business Description

Traded in Other Exchanges
Address
2 George Wiencke Drive, Perth Airport, Suite A1, Hkew Alpha Building, Perth, WA, AUS, 6105
Mader Group Ltd is a maintenance services company that supplies tradespeople to resource industry customers. It provides specialized contract labour for the maintenance of heavy mobile equipment in the resources industry. The services provided include maintenance labour, field support, shutdown teams for overhauls, maintenance workshops, training of maintenance teams, and a range of other ancillary services. Its geographical segments include Australia, the United States, and others, of which the majority of the revenue comes from Australia.

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