Inter Parfums (Inter Parfums) Days Payable : 72.58 (As of Dec. 2023)

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What is Inter Parfums Days Payable?

Inter Parfums's average Accounts Payable for the three months ended in Dec. 2023 was $92 Mil. Inter Parfums's Cost of Goods Sold for the three months ended in Dec. 2023 was $116 Mil. Hence, Inter Parfums's Days Payable for the three months ended in Dec. 2023 was 72.58.

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

IPAR' s Days Payable Range Over the Past 10 Years
Min: 66.5 Med: 80.45 Max: 99.15
Current: 69.71

During the past 13 years, Inter Parfums's highest Days Payable was 99.15. The lowest was 66.50. And the median was 80.45.

IPAR's Days Payable is ranked better than
70.65% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 45.7 vs IPAR: 69.71

Inter Parfums's Days Payable increased from Dec. 2022 (69.98) to Dec. 2023 (72.58). It may suggest that Inter Parfums delayed paying its suppliers.

Inter Parfums Days Payable Historical Data

The historical data trend for Inter Parfums'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.

Inter Parfums Days Payable Chart

Inter Parfums Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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76.68

78.58

66.50

79.27

70.85

Inter Parfums 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															69.98	76.11	69.51	61.15	72.58

Competitive Comparison of Inter Parfums's Days Payable

For the Household & Personal Products subindustry, Inter Parfums'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.

Inter Parfums's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Inter Parfums's Days Payable distribution charts can be found below:

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

Inter Parfums 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.

Inter Parfums'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
=	( (88.388	+	97.409)	/	2 )	/	478.597	*	365
=	92.8985					/	478.597	*	365
=	70.85

Inter Parfums'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
=	( (87.161	+	97.409)	/	2 )	/	116.029	*	365 / 4
=	92.285					/	116.029	*	365 / 4
=	72.58

Inter Parfums Days Payable Related Terms

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Inter Parfums (Inter Parfums) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Inter Parfums Inc (NAS:IPAR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

JF1:Germany

Address

551 Fifth Avenue, New York, NY, USA, 10176

Website

https://www.interparfumsinc.com

Inter Parfums Inc operates in the fragrance business and manufactures, markets, and distributes fragrances and fragrance related products. It sells its product under the brand names called JIMMY CHOO, bebe, Paul Smith, Abercrombie and Fitch, COACH, and others. The company operates in two operating segments namely European based operations, and United-States operations. The company sells its products to department stores, perfumeries, specialty stores, and domestic and international wholesalers and distributors.

Executives

Philippe Santi	officer: Dir. of Finance	INTER PARFUMS S A, 4 ROND POINT DES CHAMPS ELYSEES, PARIS I0 99999
Jean Madar	director, 10 percent owner, officer: CEO	JEAN PHILIPPE FRAGRANCES INC, 551 FIFTH AVE 15TH FLOOR, NEW YORK NY 10176
Gerard Kappauf	director	JUMEIRAH 1, 30TH C STREET, VILLA 76, DUBAI C0 500001
Veronique Gabai-pinsky	director	C-O VERA WANG GROUP, 15 EAST 26TH STREET, NEW YORK NY 10010
Gilbert Harrison	director	HARRISON GROUP, 745 FIFTH AVENUE, SUITE 514, NEW YORK NY 10151
Pelayo Frederic Garcia	officer: Dir ExportSales InterParfumsSA
Russell Greenberg	director, officer: Ex. VP and CFO	INTER PARFUMS INC, 551 FIFTH AVE 15TH FLR, NEW YORK NY 10176
Philippe Benacin	director, 10 percent owner, officer: President	C/O INTER PARFUMS INC, 551 FIFTH AVE, 5TH FLOOR, NEW YORK NY 10176
Michel D. Atwood	director, officer: Chief Financial Officer	1113 YORK AVENUE, NEW YORK NY 10065
Francois Heilbronn	director	M M FRIEDRICH HEILBRONN & FISZER, 24 AVE MATIGNON, PARIS I0 99999
Torres Robert Bensoussan	director	48 BOULEVARD RASPAIL, PARIS I0 99999
Patrick Choel	director	UNIVERSITE-82, 7 RUE DE TALLEYRAND, PARIS I0 75007
Henry B. Clarke	officer: President Specialty Retail Div	INTER PARFUMS, INC., 551 FIFTH AVENUE, NEW YORK NY 10176
Michel Dyens	director	MICHEL DYENS & CO, 17 AVENUE MONTAIGNE, PARIS I0 75008
Jean Levy	director	CHEZ AXCESS GROUPE, 8 RUE DE BERRI, PARIS I0 99999