Unifi (UFI) Days Payable : 24.21 (As of Dec. 2023)

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What is Unifi Days Payable?

Unifi's average Accounts Payable for the three months ended in Dec. 2023 was $35.9 Mil. Unifi's Cost of Goods Sold for the three months ended in Dec. 2023 was $135.3 Mil. Hence, Unifi's Days Payable for the three months ended in Dec. 2023 was 24.21.

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

UFI' s Days Payable Range Over the Past 10 Years
Min: 21.68 Med: 28.31 Max: 35.34
Current: 25.46

During the past 13 years, Unifi's highest Days Payable was 35.34. The lowest was 21.68. And the median was 28.31.

UFI's Days Payable is ranked worse than
80.37% of 1024 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.46 vs UFI: 25.46

Unifi's Days Payable declined from Dec. 2022 (24.74) to Dec. 2023 (24.21). It may suggest that Unifi accelerated paying its suppliers.

Unifi Days Payable Historical Data

The historical data trend for Unifi'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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Unifi Days Payable Chart

Unifi Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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25.78

21.68

25.39

31.72

35.34

Unifi 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															24.74	25.28	28.99	26.68	24.21

Competitive Comparison of Unifi's Days Payable

For the Textile Manufacturing subindustry, Unifi'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.

Unifi's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Unifi 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.

Unifi's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (73.544	+	44.455)	/	2 )	/	609.286	*	365
=	58.9995					/	609.286	*	365
=	35.34

Unifi'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
=	( (37.064	+	34.709)	/	2 )	/	135.281	*	365 / 4
=	35.8865					/	135.281	*	365 / 4
=	24.21

Unifi Days Payable Related Terms

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Unifi (UFI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Unifi Inc (NYSE:UFI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

36A:Germany

Address

7201 West Friendly Avenue, Greensboro, NC, USA, 27410

Website

https://www.unifi.com

Unifi Inc is a multi-national company. It manufactures and sells innovative synthetic and recycled products made from polyester and nylon primarily to other yarn manufacturers and knitters and weavers that produce fabric for the apparel, hosiery, home furnishings, automotive, industrial and other end-use markets. Polyester yarns include partially oriented yarn (POY), textured, solution and package dyed, twisted, beamed and draw wound yarns, and each is available in virgin or recycled varieties. UNIFI offers specialized yarns, premium value-added (PVA) yarns, and commodity yarns, with principal geographic markets in the Americas, Europe and Asia.

Executives

Kenneth G Langone	director	375 PARK AVENUE, STE 2205, NEW YORK NY 10152
Inclusive Capital Partners, L.p.	10 percent owner, other: See Remarks	1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Andrew James Eaker	officer: Interim CFO	7201 WEST FRIENDLY AVENUE, GREENSBORO NC 27410
Gregory K Sigmon	officer: SVP, General Counsel	7201 WEST FRIENDLY AVE, GREENSBORO NC 27410
Archibald Jr Cox	director	151 EAST 58TH STREET, #33F, NEW YORK NY 10022
Edmund M Ingle	director, officer: CEO	7201 WEST FRIENDLY AVENUE, GREENSBORO NC 27410
Francis S Blake	director	2455 PACES FERRY RD, ATLANTA GA 30339
Jeffrey W Ubben	10 percent owner, other: See Remarks	1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Craig A Creaturo	officer: EVP & CFO	7201 WEST FRIENDLY AVENUE, GREENSBORO NC 27410
Robert J Bishop	director	IMPALA ASSET MANAGEMENT LLC, 107 CHERRY ST, NEW CANAAN CT 06840
Rhonda L. Ramlo	director	7201 WEST FRIENDLY AVENUE, GREENSBORO NC 27410
Emma S. Battle	director	101 NORTH CHERRY STREET, SUITE 501, WINSTON SALEM NC 27101
Eva T. Zlotnicka	director	1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
James M Kilts	director	120 PARK AVE, NEW YORK NY 10017
James D. Mead	director	P.O. BOX 440, NEW FAIRFIELD CT 06812