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Belle International Holdings (Belle International Holdings) Days Payable : 23.93 (As of Feb. 2017)


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What is Belle International Holdings Days Payable?

Belle International Holdings's average Accounts Payable for the six months ended in Feb. 2017 was $192 Mil. Belle International Holdings's Cost of Goods Sold for the six months ended in Feb. 2017 was $1,463 Mil. Hence, Belle International Holdings's Days Payable for the six months ended in Feb. 2017 was 23.93.

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

BELLF's Days Payable is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 56.345
* Ranked among companies with meaningful Days Payable only.

Belle International Holdings's Days Payable increased from Feb. 2016 (22.74) to Feb. 2017 (23.93). It may suggest that Belle International Holdings delayed paying its suppliers.


Belle International Holdings Days Payable Historical Data

The historical data trend for Belle International Holdings'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.

Belle International Holdings Days Payable Chart

Belle International Holdings Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Feb14 Feb15 Feb16 Feb17
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.84 31.96 19.27 20.65 19.95

Belle International Holdings Semi-Annual Data
Dec06 Dec07 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17
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 21.33 25.90 22.74 25.11 23.93

Competitive Comparison of Belle International Holdings's Days Payable

For the Footwear & Accessories subindustry, Belle International Holdings'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.


Belle International Holdings's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Belle International Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Belle International Holdings's Days Payable falls into.



Belle International Holdings 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.

Belle International Holdings's Days Payable for the fiscal year that ended in Feb. 2017 is calculated as

Days Payable (A: Feb. 2017 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Feb. 2016 ) + Accounts Payable (A: Feb. 2017 )) / count ) / Cost of Goods Sold (A: Feb. 2017 )*Days in Period
=( (146.089 + 157.103) / 2 ) / 2773.299*365
=151.596 / 2773.299*365
=19.95

Belle International Holdings's Days Payable for the quarter that ended in Feb. 2017 is calculated as:

Days Payable (Q: Feb. 2017 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Aug. 2016 ) + Accounts Payable (Q: Feb. 2017 )) / count ) / Cost of Goods Sold (Q: Feb. 2017 )*Days in Period
=( (226.567 + 157.103) / 2 ) / 1463.127*365 / 2
=191.835 / 1463.127*365 / 2
=23.93

* 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.


Belle International Holdings Days Payable Related Terms

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Belle International Holdings (Belle International Holdings) Business Description

Traded in Other Exchanges
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Address
Belle International is China's largest women's footwear retailer. Founded in 1992, and headquartered in Hong Kong, Belle owns six of China's top 10 women's footwear brands, commanding as much as 25% market share in fiscal 2013. In addition to the manufacturing and distribution of female footwear, Belle also distributes major sportswear products, including Nike and Adidas.

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