LightInTheBox Holding Co (LightInTheBox Holding Co) Days Payable

: 29.73 (As of Dec. 2023)

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LightInTheBox Holding Co's average Accounts Payable for the three months ended in Dec. 2023 was $19.6 Mil. LightInTheBox Holding Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $60.2 Mil. Hence, LightInTheBox Holding Co's Days Payable for the three months ended in Dec. 2023 was 29.73.

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

LITB' s Days Payable Range Over the Past 10 Years
Min: 28.44 Med: 38.26 Max: 50.11
Current: 33.31

During the past 13 years, LightInTheBox Holding Co's highest Days Payable was 50.11. The lowest was 28.44. And the median was 38.26.

LITB's Days Payable is ranked worse than
72.78% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 57.175 vs LITB: 33.31

LightInTheBox Holding Co's Days Payable increased from Dec. 2022 (27.94) to Dec. 2023 (29.73). It may suggest that LightInTheBox Holding Co delayed paying its suppliers.

LightInTheBox Holding Co Days Payable Historical Data

The historical data trend for LightInTheBox Holding Co'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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LightInTheBox Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

38.22

28.44

30.87

39.98

28.69

LightInTheBox Holding Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																27.94	31.29	32.01	45.54	29.73

Competitive Comparison

For the Internet Retail subindustry, LightInTheBox Holding Co'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.

LightInTheBox Holding Co Days Payable Distribution

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

* The bar in red indicates where LightInTheBox Holding Co's Days Payable falls into.

LightInTheBox Holding Co 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.

LightInTheBox Holding Co'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
=	( (26.518	+	15.846)	/	2 )	/	269.496	*	365
=	21.182					/	269.496	*	365
=	28.69

LightInTheBox Holding Co'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
=	( (23.366	+	15.846)	/	2 )	/	60.171	*	365 / 4
=	19.606					/	60.171	*	365 / 4
=	29.73

LightInTheBox Holding Co Days Payable Related Terms

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LightInTheBox Holding Co (LightInTheBox Holding Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » LightInTheBox Holding Co Ltd (NYSE:LITB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

L4XA:Germany

Address

51 Tai Seng Avenue, No. 05-02B/C, Pixel Red, Singapore, SGP, 533941

Website

https://www.lightinthebox.com

LightInTheBox Holding Co Ltd is an online retail company delivering products directly to consumers across the world. It provides apparel products including customized, special occasion and fast fashion apparel products; and other general merchandise products, such as accessories and gadgets, home and garden products, electronics and communication devices, and other products. The company is engaged in product sales which consisted of online retailing of consumer products. It also provides services which consisted of the provision of logistic services to e-commerce retailers and small businesses. Geographically, it operates in Europe which is the key revenue driver, North America, and other countries.