Wolverine World Wide (FRA:WW4) Days Payable : 87.11 (As of Mar. 2024)

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What is Wolverine World Wide Days Payable?

Wolverine World Wide's average Accounts Payable for the three months ended in Mar. 2024 was €188 Mil. Wolverine World Wide's Cost of Goods Sold for the three months ended in Mar. 2024 was €196 Mil. Hence, Wolverine World Wide's Days Payable for the three months ended in Mar. 2024 was 87.11.

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

FRA:WW4' s Days Payable Range Over the Past 10 Years
Min: 31.01 Med: 52.07 Max: 66.93
Current: 64.86

During the past 13 years, Wolverine World Wide's highest Days Payable was 66.93. The lowest was 31.01. And the median was 52.07.

FRA:WW4's Days Payable is ranked better than
57.39% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs FRA:WW4: 64.86

Wolverine World Wide's Days Payable increased from Mar. 2023 (63.08) to Mar. 2024 (87.11). It may suggest that Wolverine World Wide delayed paying its suppliers.

Wolverine World Wide Days Payable Historical Data

The historical data trend for Wolverine World Wide'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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Wolverine World Wide Days Payable Chart

Wolverine World Wide Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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54.03

70.25

51.91

54.31

64.75

Wolverine World Wide Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															63.08	60.84	65.10	55.72	87.11

Competitive Comparison of Wolverine World Wide's Days Payable

For the Footwear & Accessories subindustry, Wolverine World Wide'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.

Wolverine World Wide's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Wolverine World Wide's Days Payable falls into.

Wolverine World Wide 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.

Wolverine World Wide'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
=	( (256.957	+	188.902)	/	2 )	/	1256.657	*	365
=	222.9295					/	1256.657	*	365
=	64.75

Wolverine World Wide's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (188.902	+	186.116)	/	2 )	/	196.42	*	365 / 4
=	187.509					/	196.42	*	365 / 4
=	87.11

Wolverine World Wide Days Payable Related Terms

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Wolverine World Wide (FRA:WW4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Wolverine World Wide Inc (FRA:WW4) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

WWW:USA WW4:Germany

Address

9341 Courtland Drive N.E., Rockford, MI, USA, 49351

Website

https://www.wolverineworldwide.com

Wolverine World Wide Inc is engaged in designing, manufacturing, sourcing, marketing, licensing, and distributing branded footwear, apparel, and accessories. The company's segment includes Active Group; Work Group; Lifestyle Group and Other. It generates maximum revenue from the Active Group segment. Active Group segment consists of Merrell footwear and apparel, Saucony footwear and apparel, Sweaty Betty activewear, and Chaco footwear.

Wolverine World Wide (FRA:WW4) Headlines

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