GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Superior Group Of Companies Inc (NAS:SGC) » Definitions » Days Payable

Superior Group Of (Superior Group Of) Days Payable

: 47.66 (As of Dec. 2023)
View and export this data going back to 1992. Start your Free Trial

Superior Group Of's average Accounts Payable for the three months ended in Dec. 2023 was $47.8 Mil. Superior Group Of's Cost of Goods Sold for the three months ended in Dec. 2023 was $91.6 Mil. Hence, Superior Group Of's Days Payable for the three months ended in Dec. 2023 was 47.66.

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

SGC' s Days Payable Range Over the Past 10 Years
Min: 25.86   Med: 37.66   Max: 50.75
Current: 50.75

During the past 13 years, Superior Group Of's highest Days Payable was 50.75. The lowest was 25.86. And the median was 37.66.

SGC's Days Payable is ranked worse than
55.47% of 1024 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.14 vs SGC: 50.75

Superior Group Of's Days Payable increased from Dec. 2022 (38.24) to Dec. 2023 (47.66). It may suggest that Superior Group Of delayed paying its suppliers.


Superior Group Of Days Payable Historical Data

The historical data trend for Superior Group Of'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.

Superior Group Of Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 42.69 39.21 47.67 44.69 49.73

Superior Group Of Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable 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 Premium Member Only Premium Member Only Premium Member Only 38.24 50.52 55.07 51.19 47.66

Competitive Comparison

For the Apparel Manufacturing subindustry, Superior Group Of'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.


Superior Group Of Days Payable Distribution

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

* The bar in red indicates where Superior Group Of's Days Payable falls into.



Superior Group Of 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.

Superior Group Of'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
=( (42.06 + 50.52) / 2 ) / 339.755*365
=46.29 / 339.755*365
=49.73

Superior Group Of'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
=( (45.168 + 50.52) / 2 ) / 91.596*365 / 4
=47.844 / 91.596*365 / 4
=47.66

* 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.


Superior Group Of Days Payable Related Terms

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


Superior Group Of (Superior Group Of) Business Description

Traded in Other Exchanges
Address
10055 Seminole Boulevard, Seminole, FL, USA, 33772
Superior Group Of Companies Inc designs apparel products. The company's operating segment includes Branded Products; Healthcare Apparel and Contact Centers. It generates maximum revenue from the Branded Products segment. The Branded Products segment produce and sell customized merchandising solutions, promotional products and branded uniform programs to customers.
Executives
Michael Koempel officer: CFO 10055 SEMINOLE BLVD, SEMINOLE FL 33777
Michael Benstock director, officer: Chief Executive Officer C/O SUPERIOR UNIFORM GROUP INC, 10055 SEMINOLE BLVD, SEMINOLE FL 33772
Todd E Siegel director 2003 GANDY BLVD. NORTH, SUITE 800, ST. PETERSBURG FL 33702
Catherine Beldotti Donlan officer: President, SUG Healthcare 10055 SEMINOLE BLVD, SEMINOLE FL 33777
Paul V Mellini director SUPERIOR UNIFORM GROUP, INC., 10055 SEMINOLE BLVD., SEMINOLE FL 33772
Sidney Kirschner director C/O SUPERIOR UNIFORM GROUP INC, PO BOX 4002, SEMINOLE FL 33775
Jake Himelstein officer: President, BAMKO, LLC 10055 SEMINOLE BLVD, SEMINOLE FL 33777
Robin Hensley director C/O SUPERIOR UNIFORM GROUP INC, PO BOX 4002, SEMINOLE FL 33775
Philip Koosed other: President of BAMKO, LLC 10055 SEMINOLE BLVD., SEMINOLE X1 33772
Venita Elaine Fields director 10055 SEMINOLE BLVD., SEMINOLE FL 33772
Jordan M. Alpert officer: Secretary & General Counsel SUPERIOR UNIFORM GROUP, INC., 10055 SEMINOLE BLVD., SEMINOLE FL 33772
Michael Attinella officer: CFO & Treasurer C/O SUPERIOR GROUP OF COMPANIES, INC., 10055 SEMINOLE BLVE, SEMINOLE FL 33772
Demott Andrew D Jr officer: Senior V.P., CFO C/O SUPERIOR UNIFORM GROUP INC, 10055 SEMINOLE BLVD, SEMINOLE FL 33772
Gerald M Benstock director, 10 percent owner, officer: Chairman of the Board SUPERIOR UNIFORM GROUP INC, 10055 SEMINOLE BLVD, SEMINOLE FL 33772
Dominic Leide V.P. Admin & Customer Support, other: President of The Office Gurus SUPERIOR UNIFORM GROUP, INC., 10055 SEMINOLE BLVD., SEMINOLE FL 33772