L'Oreal (L'Oreal) Days Payable

: 206.35 (As of Dec. 2023)

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L'Oreal's average Accounts Payable for the six months ended in Dec. 2023 was $6,752 Mil. L'Oreal's Cost of Goods Sold for the six months ended in Dec. 2023 was $5,971 Mil. Hence, L'Oreal's Days Payable for the six months ended in Dec. 2023 was 206.35.

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

LRLCY' s Days Payable Range Over the Past 10 Years
Min: 188.17 Med: 211.28 Max: 234.42
Current: 212.07

During the past 13 years, L'Oreal's highest Days Payable was 234.42. The lowest was 188.17. And the median was 211.28.

LRLCY's Days Payable is ranked better than
93.68% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.81 vs LRLCY: 212.07

L'Oreal's Days Payable declined from Dec. 2022 (207.03) to Dec. 2023 (206.35). It may suggest that L'Oreal accelerated paying its suppliers.

L'Oreal Days Payable Historical Data

The historical data trend for L'Oreal'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.

L'Oreal Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

210.84

218.53

242.32

221.16

212.06

L'Oreal Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable																236.16	239.48	207.03	211.75	206.35

Competitive Comparison

For the Household & Personal Products subindustry, L'Oreal'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.

L'Oreal Days Payable Distribution

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

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

L'Oreal 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.

L'Oreal'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
=	( (6722.034	+	6921.483)	/	2 )	/	11741.549	*	365
=	6821.7585					/	11741.549	*	365
=	212.06

L'Oreal'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (6581.69	+	6921.483)	/	2 )	/	5971.102	*	365 / 2
=	6751.5865					/	5971.102	*	365 / 2
=	206.35

L'Oreal Days Payable Related Terms

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L'Oreal (L'Oreal) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » L'Oreal SA (OTCPK:LRLCY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LRLCF:USA OR N:Mexico ORp:UK 0NZM:UK OR:France LOR:Germany LOR:Germany LOR:Germany LOR:Germany OR:Austria

Address

41, Rue Martre, Clichy Cedex, Paris, FRA, 92117

Website

https://www.loreal.com

Founded in 1909, L'Oreal has grown into the largest beauty company in the world, participating in categories including skincare (40% of 2022 sales), makeup (20%), haircare (27%), fragrance (9%), and sanitary products (4%). The firm also has a diversified geographic footprint, generating 32% of sales in its home market of Western Europe, 25% from North America, 19% in North Asia, and the rest from various emerging markets across South Asia, Latin America, and Africa. L'Oreal owns a mix of premium and mass beauty brands sold through a wide range of channels such as mass retail, drugstores, department stores, travel retail, e-commerce, hair salons, and medi-spas. Leading brands include Lancome, Yves Saint Laurent, Maybelline, Kiehl's, L'Oreal Paris, Kerastase, CeraVe, Garnier, and Armani.

L'Oreal (L'Oreal) Headlines

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