Foley Wines (NZSE:FWL) Days Payable : 51.41 (As of Dec. 2023)

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What is Foley Wines Days Payable?

Foley Wines's average Accounts Payable for the six months ended in Dec. 2023 was NZ$5.62 Mil. Foley Wines's Cost of Goods Sold for the six months ended in Dec. 2023 was NZ$19.95 Mil. Hence, Foley Wines's Days Payable for the six months ended in Dec. 2023 was 51.41.

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

NZSE:FWL' s Days Payable Range Over the Past 10 Years
Min: 22.59 Med: 42.62 Max: 75.68
Current: 46.03

During the past 13 years, Foley Wines's highest Days Payable was 75.68. The lowest was 22.59. And the median was 42.62.

NZSE:FWL's Days Payable is ranked worse than
75.61% of 205 companies
in the Beverages - Alcoholic industry
Industry Median: 78.91 vs NZSE:FWL: 46.03

Foley Wines's Days Payable increased from Dec. 2022 (27.50) to Dec. 2023 (51.41). It may suggest that Foley Wines delayed paying its suppliers.

Foley Wines Days Payable Historical Data

The historical data trend for Foley Wines'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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Foley Wines Days Payable Chart

Foley Wines Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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46.43

48.04

29.45

22.59

34.56

Foley Wines Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															22.56	32.42	27.50	44.43	51.41

Competitive Comparison of Foley Wines's Days Payable

For the Beverages - Wineries & Distilleries subindustry, Foley Wines'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.

Foley Wines's Days Payable Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Foley Wines's Days Payable distribution charts can be found below:

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

Foley Wines 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.

Foley Wines'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
=	( (2.35	+	6.039)	/	2 )	/	44.303	*	365
=	4.1945					/	44.303	*	365
=	34.56

Foley Wines'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
=	( (6.039	+	5.199)	/	2 )	/	19.948	*	365 / 2
=	5.619					/	19.948	*	365 / 2
=	51.41

Foley Wines Days Payable Related Terms

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Foley Wines (NZSE:FWL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Foley Wines Ltd (NZSE:FWL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

13 Waihopai Valley Road, RD6, Blenheim, MBH, NZL, 7276

Website

https://www.foleywines.co.nz

Foley Wines Ltd is a wine company that produces table wines and markets and sells premium wines in New Zealand and various export markets. The company's vineyards are in Marlborough and Martinborough, New Zealand. The company earns majority of its revenue from sale of bottled wines. It sells its products in New Zealand, Australia, the United States, Canada, the United Kingdom, Europe, and the rest of the world.

Foley Wines (NZSE:FWL) Headlines

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