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ASOS (ASOMY) Days Payable : 18.22 (As of Feb. 2024)


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What is ASOS Days Payable?

ASOS's average Accounts Payable for the six months ended in Feb. 2024 was $114 Mil. ASOS's Cost of Goods Sold for the six months ended in Feb. 2024 was $1,141 Mil. Hence, ASOS's Days Payable for the six months ended in Feb. 2024 was 18.22.

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

ASOMY' s Days Payable Range Over the Past 10 Years
Min: 14.43   Med: 34.53   Max: 67.91
Current: 19.45

During the past 13 years, ASOS's highest Days Payable was 67.91. The lowest was 14.43. And the median was 34.53.

ASOMY's Days Payable is ranked worse than
85.56% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.94 vs ASOMY: 19.45

ASOS's Days Payable increased from Feb. 2023 (15.82) to Feb. 2024 (18.22). It may suggest that ASOS delayed paying its suppliers.


ASOS Days Payable Historical Data

The historical data trend for ASOS'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.

ASOS Days Payable Chart

ASOS 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 69.56 65.66 62.50 45.09 13.96

ASOS 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 106.30 96.61 15.82 17.61 18.22

Competitive Comparison of ASOS's Days Payable

For the Internet Retail subindustry, ASOS'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.


ASOS's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, ASOS's Days Payable distribution charts can be found below:

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



ASOS 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.

ASOS'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
=( (112.575 + 90.597) / 2 ) / 2656.29*365
=101.586 / 2656.29*365
=13.96

ASOS'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
=( (90.597 + 137.247) / 2 ) / 1140.783*365 / 2
=113.922 / 1140.783*365 / 2
=18.22

* 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.


ASOS Days Payable Related Terms

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


ASOS (ASOMY) Business Description

Traded in Other Exchanges
Address
Hampstead Road, Greater London House, London, GBR, NW1 7FB
Asos is a global e-commerce player focusing on fashion and cosmetics and targeting the youth segment (20-somethings) globally. Of its revenue, 45% comes from its U.K. home market, 30% from other European Union countries, 13% from the United States, 12% from the rest of the world. The company ships to 240 countries from its three warehouses located in the U.K., continental Europe, and the United States. It offers over 85 000 products on its website from third-party brands and its own labels (Asos Design, Collusion).

ASOS (ASOMY) Headlines

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