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Sea Harvest Group (JSE:SHG) Days Payable : 58.70 (As of Dec. 2023)


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What is Sea Harvest Group Days Payable?

Sea Harvest Group's average Accounts Payable for the six months ended in Dec. 2023 was R730 Mil. Sea Harvest Group's Cost of Goods Sold for the six months ended in Dec. 2023 was R2,269 Mil. Hence, Sea Harvest Group's Days Payable for the six months ended in Dec. 2023 was 58.70.

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

JSE:SHG' s Days Payable Range Over the Past 10 Years
Min: 44.25   Med: 61.39   Max: 77.66
Current: 52.77

During the past 10 years, Sea Harvest Group's highest Days Payable was 77.66. The lowest was 44.25. And the median was 61.39.

JSE:SHG's Days Payable is ranked better than
57.72% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 46.105 vs JSE:SHG: 52.77

Sea Harvest Group's Days Payable increased from Dec. 2022 (50.77) to Dec. 2023 (58.70). It may suggest that Sea Harvest Group delayed paying its suppliers.

Sea Harvest Group Days Payable Historical Data

The historical data trend for Sea Harvest 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.

Sea Harvest Group Days Payable Chart

Sea Harvest Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.71 56.65 58.80 45.76 44.25

Sea Harvest Group Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 63.71 62.06 50.77 55.46 58.70

Competitive Comparison of Sea Harvest Group's Days Payable

For the Farm Products subindustry, Sea Harvest 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.

Sea Harvest Group's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sea Harvest Group's Days Payable distribution charts can be found below:

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


Sea Harvest 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.

Sea Harvest Group'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
=( (576.689 + 561.505) / 2 ) / 4694.367*365
=569.097 / 4694.367*365
=44.25

Sea Harvest 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
=( (897.701 + 561.505) / 2 ) / 2268.516*365 / 2
=729.603 / 2268.516*365 / 2
=58.70

* 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.

Sea Harvest Group Days Payable Related Terms

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Sea Harvest Group (JSE:SHG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sea Harvest Group Ltd (JSE:SHG) » Definitions » Days Payable
Comparable Companies
JSE:KAL JSE:QFH JSE:CKS JSE:ARL ADM SZSE:002714 SZSE:300498 SHSE:600438 TSN BG OSL:MOWI OSL:SALM SZSE:000876 ISX:CPIN XKLS:2445 XKLS:4065 BKK:CPF SZSE:002385 SHSE:600095 SHSE:600598
Traded in Other Exchanges
N/A
Address
Searle Street, 1st Floor, Block C, The Boulevard Office Park, Woodstock, Cape Town, ZAF, 7925
Website
https://www.seaharvest.co.za
Sea Harvest Group Ltd is engaged in the fishing of Cape Hake and Shark Bay Prawns along with Horse Mackerel, Pilchards, Anchovies, and a variety of farmed species, processing of the catch into frozen and chilled seafood, and the marketing of these products, locally and internationally. It operates in four segments: South African Fishing, Australian operation, Aquaculture, and Cape Harvest Foods segments." The majority of its revenue comes from the South African Fishing segment.