Giordano International (HKSE:00709) Days Payable : 36.68 (As of Dec. 2023)

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What is Giordano International Days Payable?

Giordano International's average Accounts Payable for the six months ended in Dec. 2023 was HK$160 Mil. Giordano International's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$796 Mil. Hence, Giordano International's Days Payable for the six months ended in Dec. 2023 was 36.68.

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

HKSE:00709' s Days Payable Range Over the Past 10 Years
Min: 17.29 Med: 35.02 Max: 44.43
Current: 38.77

During the past 13 years, Giordano International's highest Days Payable was 44.43. The lowest was 17.29. And the median was 35.02.

HKSE:00709's Days Payable is ranked worse than
65.46% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.675 vs HKSE:00709: 38.77

Giordano International's Days Payable increased from Dec. 2022 (34.88) to Dec. 2023 (36.68). It may suggest that Giordano International delayed paying its suppliers.

Giordano International Days Payable Historical Data

The historical data trend for Giordano International'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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Giordano International Days Payable Chart

Giordano International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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23.93

40.16

41.66

39.53

44.43

Giordano International 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	Get a 7-Day Free Trial															31.96	30.56	34.88	35.20	36.68

Competitive Comparison of Giordano International's Days Payable

For the Apparel Retail subindustry, Giordano International'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.

Giordano International's Days Payable Distribution in the Retail - Cyclical Industry

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

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

Giordano International 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.

Giordano International'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
=	( (193	+	199)	/	2 )	/	1610	*	365
=	196					/	1610	*	365
=	44.43

Giordano International'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
=	( (121	+	199)	/	2 )	/	796	*	365 / 2
=	160					/	796	*	365 / 2
=	36.68

Giordano International Days Payable Related Terms

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Giordano International (HKSE:00709) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Giordano International Ltd (HKSE:00709) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GRDZF:USA GIO:Germany

Address

777-779 Cheung Sha Wan Road, 5th Floor, Tin On Industrial Building, Kowloon, Hong Kong, HKG

Website

http://www.giordano.com.hk

Giordano International Ltd is an apparel manufacturer and retailer with thousands of stores in the Asia-Pacific region. Giordano's has both self-operated and franchised stores. Giordano's sales are similarly dispersed through the following regions: Mainland China, Hong Kong and Taiwan, and Rest of Asia-Pacific. The company also generates significant sales in the Middle East. The Giordano brand, encompassing Giordano Men, Giordano Women, and Giordano Junior, generates the vast majority of the company's sales, mostly through Giordano Men. Other brands include Giordano Ladies, BSX, Beau Monde, and Eula.

Giordano International (HKSE:00709) Headlines

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