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Summer Infant (Summer Infant) Days Payable : 85.03 (As of Mar. 2022)


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What is Summer Infant Days Payable?

Summer Infant's average Accounts Payable for the three months ended in Mar. 2022 was $25.3 Mil. Summer Infant's Cost of Goods Sold for the three months ended in Mar. 2022 was $27.1 Mil. Hence, Summer Infant's Days Payable for the three months ended in Mar. 2022 was 85.03.

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

SUMR's Days Payable is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 45.62
* Ranked among companies with meaningful Days Payable only.

Summer Infant's Days Payable declined from Mar. 2021 (88.60) to Mar. 2022 (85.03). It may suggest that Summer Infant accelerated paying its suppliers.


Summer Infant Days Payable Historical Data

The historical data trend for Summer Infant'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.

Summer Infant Days Payable Chart

Summer Infant Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 82.90 77.86 81.26 82.56 93.27

Summer Infant Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Days Payable Get a 7-Day Free Trial 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 88.60 93.06 71.77 87.49 85.03

Competitive Comparison of Summer Infant's Days Payable

For the Household & Personal Products subindustry, Summer Infant'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.


Summer Infant's Days Payable Distribution in the Consumer Packaged Goods Industry

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

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



Summer Infant 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.

Summer Infant's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

Days Payable (A: Dec. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2019 ) + Accounts Payable (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (25.396 + 27.986) / 2 ) / 104.448*365
=26.691 / 104.448*365
=93.27

Summer Infant's Days Payable for the quarter that ended in Mar. 2022 is calculated as:

Days Payable (Q: Mar. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2021 ) + Accounts Payable (Q: Mar. 2022 )) / count ) / Cost of Goods Sold (Q: Mar. 2022 )*Days in Period
=( (27.985 + 22.547) / 2 ) / 27.114*365 / 4
=25.266 / 27.114*365 / 4
=85.03

* 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.


Summer Infant Days Payable Related Terms

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Summer Infant (Summer Infant) Business Description

Traded in Other Exchanges
N/A
Address
1275 Park East Drive, Woonsocket, RI, USA, 02895
Summer Infant Inc is an infant and juvenile products company. It manufactures juvenile safety and infant care products. The product categories include monitoring, safety, nursery, baby gear, and feeding products. The company markets its products under the Summer Infant, SwaddleMe, and Born Free brand names. The entity sells its products in the United States and other countries, of which a majority of the revenue is derived from the United States.
Executives
Jason P Macari 10 percent owner 10 HANNAH DRIVE CUMBERLAND RI 02864
Andrew Michael Train director C/O SUMMER INFANT, INC. 1275 PARK EAST DRIVE WOONSOCKET RI 02895
Bruce Meier officer: Interim CFO C/O SUMMER INFANT, INC. 1275 PARK EAST DRIVE WOONSOCKET RI 02895
Wynnefield Partners Small Cap Value Lp 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Nelson Obus 10 percent owner
Wynnefield Capital Management Llc 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Partners Small Cap Value Lp I 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Joshua Landes 10 percent owner
Wynnefield Capital, Inc. Profit Sharing Plan 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Wynnefield Capital Inc 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Small Cap Value Offshore Fund Ltd 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Stuart Noyes officer: Interim CEO C/O SUMMER INFANT, INC. 1275 PARK EAST DRIVE WOONSOCKET RI 02895
An Evelyn D director 1301 NE 103RD STREET, MIAMI SHORES FL 33138
Alan Mustacchi director C/O SUMMER INFANT, INC. 1275 PARK EAST DRIVE WOONSOCKET RI 02895
Paul Francese officer: Chief Financial Officer C/O SUMMER INFANT, INC. 1275 PARK EAST DRIVE WOONSOCKET RI 02895

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