Carter's (Carter's) Days Payable : 48.18 (As of Dec. 2023)

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What is Carter's Days Payable?

Carter's's average Accounts Payable for the three months ended in Dec. 2023 was $232 Mil. Carter's's Cost of Goods Sold for the three months ended in Dec. 2023 was $440 Mil. Hence, Carter's's Days Payable for the three months ended in Dec. 2023 was 48.18.

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

CRI' s Days Payable Range Over the Past 10 Years
Min: 31.69 Med: 35.08 Max: 87.96
Current: 56.06

During the past 13 years, Carter's's highest Days Payable was 87.96. The lowest was 31.69. And the median was 35.08.

CRI's Days Payable is ranked worse than
51.02% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.94 vs CRI: 56.06

Carter's's Days Payable declined from Dec. 2022 (53.48) to Dec. 2023 (48.18). It may suggest that Carter's accelerated paying its suppliers.

Carter's Days Payable Historical Data

The historical data trend for Carter's'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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Carter's Days Payable Chart

Carter's Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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34.74

69.95

87.96

70.38

59.62

Carter's Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															53.48	52.46	68.30	55.33	48.18

Competitive Comparison of Carter's's Days Payable

For the Apparel Retail subindustry, Carter's'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.

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

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

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

Carter's 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.

Carter's'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
=	( (264.078	+	242.149)	/	2 )	/	1549.659	*	365
=	253.1135					/	1549.659	*	365
=	59.62

Carter's'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (222.21	+	242.149)	/	2 )	/	439.689	*	365 / 4
=	232.1795					/	439.689	*	365 / 4
=	48.18

Carter's Days Payable Related Terms

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Carter's (Carter's) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Carter's Inc (NYSE:CRI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CRIN34:Brazil

Address

3438 Peachtree Road North East, Phipps Tower, Suite 1800, Atlanta, GA, USA, 30326

Website

https://www.carters.com

Carter's Inc makes apparel for babies and children under brand names including Carter's and OshKosh B'gosh. It sells its products through a multi-channel business model, which includes retail stores, eCommerce, and wholesale sales channels, as well as retail omnichannel capabilities in the United States and Canada, which enables it to reach a broad range of consumers around the world. The company operates in three segments; U.S. Retail, U.S. Wholesale, and International. The majority of Carter's sales are in the U.S. and through Carter's brand. The company predominantly sources products through contract manufacturers in Asia. It has multiple distribution centers in the U.S., in addition to distribution centers in Canada and Asia that serve international customers.

Executives

Michael Dennis Casey	director, officer: Chairman and CEO	1170 PEACHTREE STREE NE STE 900, ATLANTA GA 30309
Julie D'emilio	officer: EVP, Sales	3438 PEACHTREE ROAD, SUITE 1800, ATLANTA GA 30326
Ben Pivar	officer: SVP, CIO	3438 PEACHTREE ROAD NE, SUITE 1800, ATLANTA GA 30326
Richard F. Westenberger	officer: EVP and CFO	1170 PEACHTREE STREET, SUITE 900, ATLANTA GA 30309
Brian Lynch	officer: President, Carter's, Inc.	1170 PEACHTREE ST., ATLANTA GA 30309
Kendra Krugman	officer: EVP, Merchandising and Design	3438 PEACHTREE ROAD NE, SUITE 1800, ATLANTA GA 30326
Jeff Jenkins	officer: EVP Global Marketing	3438 PEACHTREE ROAD NE, ATLANTA GA 30306
Jill Wilson	officer: SVP HR and Talent Development	1170 PEACHTREE ST., ATLANTA GA 30309
William J Montgoris	director	C/O OFFICEMAX INCORPORATED, 263 SHUMAN BLVD., NAPERVILLE IL 60563
Karen Marie Smith	officer: EVP Supply Chain	15960 MEADOW KING WAY, MILTON GA 30004
Stacey Rauch	director	C/O ASCENA RETAIL GROUP, INC., 933 MACARTHUR BOULEVARD, MAHWAH NJ 07430
Jeffrey Harry Black	director	ONE CARRIER PLACE, FARMINGTON CT 06032
Rochester Jr. Anderson	director	268 LASSITER DRIVE, ELLENWOOD GA 30294
Stephanie Stahl	director	C/O KNOLL, INC., 1235 WATER STREET, EAST GREENVILLE PA 18041
Scott F. Duggan	officer: SVP, Gen Counsel & Secy	C/O THE FRESH MARKET, INC., 628 GREEN VALLEY ROAD, SUITE 500, GREENSBORO NC 27408