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Foot Locker (Foot Locker) Days Payable : 25.06 (As of Jan. 2024)


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What is Foot Locker Days Payable?

Foot Locker's average Accounts Payable for the three months ended in Jan. 2024 was $480 Mil. Foot Locker's Cost of Goods Sold for the three months ended in Jan. 2024 was $1,746 Mil. Hence, Foot Locker's Days Payable for the three months ended in Jan. 2024 was 25.06.

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

FL' s Days Payable Range Over the Past 10 Years
Min: 17.37   Med: 22.91   Max: 33.34
Current: 30.2

During the past 13 years, Foot Locker's highest Days Payable was 33.34. The lowest was 17.37. And the median was 22.91.

FL's Days Payable is ranked worse than
75.93% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.94 vs FL: 30.20

Foot Locker's Days Payable declined from Jan. 2023 (28.35) to Jan. 2024 (25.06). It may suggest that Foot Locker accelerated paying its suppliers.


Foot Locker Days Payable Historical Data

The historical data trend for Foot Locker'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.

Foot Locker Days Payable Chart

Foot Locker Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.06 25.00 30.99 33.34 26.56

Foot Locker Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 28.35 32.67 33.22 35.00 25.06

Competitive Comparison of Foot Locker's Days Payable

For the Apparel Retail subindustry, Foot Locker'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.


Foot Locker's Days Payable Distribution in the Retail - Cyclical Industry

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

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



Foot Locker 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.

Foot Locker's Days Payable for the fiscal year that ended in Jan. 2024 is calculated as

Days Payable (A: Jan. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jan. 2023 ) + Accounts Payable (A: Jan. 2024 )) / count ) / Cost of Goods Sold (A: Jan. 2024 )*Days in Period
=( (492 + 366) / 2 ) / 5895*365
=429 / 5895*365
=26.56

Foot Locker's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

Days Payable (Q: Jan. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2023 ) + Accounts Payable (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (593 + 366) / 2 ) / 1746*365 / 4
=479.5 / 1746*365 / 4
=25.06

* 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.


Foot Locker Days Payable Related Terms

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


Foot Locker (Foot Locker) Business Description

Traded in Other Exchanges
Address
330 West 34th Street, New York, NY, USA, 10001
Foot Locker Inc operates thousands of retail stores throughout the United States, Canada, Europe, Australia, and New Zealand. It also has one franchisee in the Middle East and one in South Korea, each of which operates multiple stores in those regions. The company mainly sells athletically inspired shoes and apparel. Foot Locker's merchandise comes from only a few suppliers, with Nike providing the majority. Store names include Foot Locker, Champs, and Runners Point. The company also has an e-commerce business selling through Footlocker.com, Eastbay, and Final-Score.
Executives
Mary N Dillon director, officer: President & CEO ULTA BEAUTY, INC., 1000 REMINGTON BLVD SUITE 120, BOLINGBROOK IL 60440
Jennifer Kraft officer: EVP and General Counsel C/O FOOT LOCKER, INC., NEW YORK NY 10001
Michael Baughn officer: EVP & Chief Financial Officer C/O FOOT LOCKER, INC., 140 FOUNTAIN PARKWAY, ST. PETERSBURG FL 33716
Robert Higginbotham officer: Interim CFO C/O FOOT LOCKER, INC., 330 WEST 34TH STREET, NEW YORK NY 10001
John A Maurer officer: VP, Treasurer FOOT LOCKER, INC., 112 WEST 34TH STREET, NEW YORK NY 10120
Giovanna Cipriano officer: SVP & Chief Accounting Officer FOOT LOCKER, INC., 112 WEST 34TH STREET, NEW YORK NY 10120
Todd Greener officer: SVP, Global Supply Chain 330 WEST 34TH STREET, NEW YORK NY 10001
Richard A Johnson director, officer: President & CEO FOOT LOCKER, INC., 112 WEST 34TH STREET, NEW YORK NY 10120
Rosalind Reeves officer: EVP, Chief HR Officer C/O FOOT LOCKER, INC., 330 WEST 34TH STREET, NEW YORK NY 10001
Elliott Rodgers officer: EVP, Chief Operations Officer C/O LEVI STRAUSS & CO., 1155 BATTERY STREET, SAN FRANCISCO CA 94111
Vesa Equity Investment S.a R.l. 10 percent owner 2, PLACE DE PARIS, LUXEMBOURG N4 L-2314
Nitin Neil Bansal officer: EVP,Chief Strat&Transform Off C/O FOOT LOCKER, INC., 330 WEST 34TH STREET, NEW YORK NY 10001
Andrew E Page officer: EVP & Chief Financial Officer C/O FOOT LOCKER, INC., 330 WEST 34TH STREET, NEW YORK NY 10001
Samantha Lomow officer: President, Global Brands 2400 WEST CENTRAL ROAD, HOFFMAN ESTATES IL 60192
Virginia Drosos director CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11