MHM Automation (NZSE:MHM) Days Payable : 39.14 (As of Jun. 2023)

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What is MHM Automation Days Payable?

MHM Automation's average Accounts Payable for the six months ended in Jun. 2023 was NZ$6.57 Mil. MHM Automation's Cost of Goods Sold for the six months ended in Jun. 2023 was NZ$30.65 Mil. Hence, MHM Automation's Days Payable for the six months ended in Jun. 2023 was 39.14.

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

NZSE:MHM' s Days Payable Range Over the Past 10 Years
Min: 41.36 Med: 76.42 Max: 180.72
Current: 41.36

During the past 13 years, MHM Automation's highest Days Payable was 180.72. The lowest was 41.36. And the median was 76.42.

NZSE:MHM's Days Payable is not ranked
in the Industrial Products industry.
Industry Median: 76.67 vs NZSE:MHM: 41.36

MHM Automation's Days Payable increased from Jun. 2022 (37.69) to Jun. 2023 (39.14). It may suggest that MHM Automation delayed paying its suppliers.

MHM Automation Days Payable Historical Data

The historical data trend for MHM Automation'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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MHM Automation Days Payable Chart

MHM Automation Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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71.68

53.21

52.75

46.96

48.19

MHM Automation 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															52.06	44.14	37.69	36.50	39.14

Competitive Comparison of MHM Automation's Days Payable

For the Specialty Industrial Machinery subindustry, MHM Automation'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.

MHM Automation's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, MHM Automation's Days Payable distribution charts can be found below:

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

MHM Automation 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.

MHM Automation'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
=	( (5.95	+	8.884)	/	2 )	/	56.183	*	365
=	7.417					/	56.183	*	365
=	48.19

MHM Automation'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
=	( (4.263	+	8.884)	/	2 )	/	30.651	*	365 / 2
=	6.5735					/	30.651	*	365 / 2
=	39.14

MHM Automation Days Payable Related Terms

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MHM Automation (NZSE:MHM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » MHM Automation Ltd (NZSE:MHM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

53 Lunns Road, Middleton, Christchurch, CT, NZL, 8042

Website

https://www.mhmautomation.com

MHM Automation Ltd is engaged in designing and supplying automated systems and equipment for food processing and logistics sectors. The product portfolio includes reverse packaging and materials handling equipment, chilling and freezing systems, and equipment for dairy and food processing.

MHM Automation (NZSE:MHM) Headlines

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