Kering (Kering) Days Payable

: 184.29 (As of Dec. 2023)

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Kering's average Accounts Payable for the six months ended in Dec. 2023 was $2,460 Mil. Kering's Cost of Goods Sold for the six months ended in Dec. 2023 was $2,436 Mil. Hence, Kering's Days Payable for the six months ended in Dec. 2023 was 184.29.

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

PPRUY' s Days Payable Range Over the Past 10 Years
Min: 69.05 Med: 110.7 Max: 178.08
Current: 178.08

During the past 13 years, Kering's highest Days Payable was 178.08. The lowest was 69.05. And the median was 110.70.

PPRUY's Days Payable is ranked better than
89.61% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 56.94 vs PPRUY: 178.08

Kering's Days Payable increased from Dec. 2022 (161.56) to Dec. 2023 (184.29). It may suggest that Kering delayed paying its suppliers.

Kering Days Payable Historical Data

The historical data trend for Kering'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.

Kering Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

69.84

113.25

133.41

145.96

173.03

Kering 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																129.62	150.50	161.56	172.24	184.29

Competitive Comparison

For the Luxury Goods subindustry, Kering'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.

Kering Days Payable Distribution

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

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

Kering 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.

Kering'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
=	( (2397.246	+	2399.128)	/	2 )	/	5058.887	*	365
=	2398.187					/	5058.887	*	365
=	173.03

Kering'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
=	( (2521.127	+	2399.128)	/	2 )	/	2436.205	*	365 / 2
=	2460.1275					/	2436.205	*	365 / 2
=	184.29

Kering Days Payable Related Terms

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

Kering (Kering) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Kering SA (OTCPK:PPRUY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PPRUF:USA KER:Italy KERp:UK 0IIH:UK KER:France PPXB:Germany KER:Austria

Address

40 Rue de Sevres, Paris, FRA, 75007

Website

https://www.kering.com

Kering is the world's second-largest luxury goods conglomerate after LVMH. Its flagship brand is Gucci, which accounts for over 50% of revenue and almost 70% of operating profits. Its other leading brands include Bottega Veneta and Saint Laurent. Other smaller luxury brands (in ready-to-wear, leather goods, and jewellery) generate 19% of sales. Alexander McQueen, Balenciaga, and Boucheron are part of Kering's portfolio.

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