Hennes & Mauritz AB (Hennes & Mauritz AB) Days Payable : 72.08 (As of Feb. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Hennes & Mauritz AB Days Payable?

Hennes & Mauritz AB's average Accounts Payable for the three months ended in Feb. 2024 was $1,971 Mil. Hennes & Mauritz AB's Cost of Goods Sold for the three months ended in Feb. 2024 was $2,495 Mil. Hence, Hennes & Mauritz AB's Days Payable for the three months ended in Feb. 2024 was 72.08.

The historical rank and industry rank for Hennes & Mauritz AB's Days Payable or its related term are showing as below:

HNNMY' s Days Payable Range Over the Past 10 Years
Min: 24.22 Med: 29.57 Max: 68.69
Current: 68.53

During the past 13 years, Hennes & Mauritz AB's highest Days Payable was 68.69. The lowest was 24.22. And the median was 29.57.

HNNMY's Days Payable is ranked better than
59.28% of 1024 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.345 vs HNNMY: 68.53

Hennes & Mauritz AB's Days Payable increased from Feb. 2023 (64.81) to Feb. 2024 (72.08). It may suggest that Hennes & Mauritz AB delayed paying its suppliers.

Hennes & Mauritz AB Days Payable Historical Data

The historical data trend for Hennes & Mauritz AB'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.

Hennes & Mauritz AB Days Payable Chart

Hennes & Mauritz AB Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Days Payable

Get a 7-Day Free Trial

24.93

32.31

58.37

75.98

66.65

Hennes & Mauritz AB Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															64.81	-	-	66.18	72.08

Competitive Comparison of Hennes & Mauritz AB's Days Payable

For the Apparel Manufacturing subindustry, Hennes & Mauritz AB'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.

Hennes & Mauritz AB's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Hennes & Mauritz AB's Days Payable falls into.

Hennes & Mauritz AB 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.

Hennes & Mauritz AB's Days Payable for the fiscal year that ended in Nov. 2023 is calculated as

	Days Payable (A: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Nov. 2022 )	+	Accounts Payable (A: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (A: Nov. 2023 )	*	Days in Period
=	( (1970.291	+	1970.776)	/	2 )	/	10791.516	*	365
=	1970.5335					/	10791.516	*	365
=	66.65

Hennes & Mauritz AB's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (1970.776	+	0)	/	1 )	/	2494.965	*	365 / 4
=	1970.776					/	2494.965	*	365 / 4
=	72.08

Hennes & Mauritz AB Days Payable Related Terms

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

Hennes & Mauritz AB (Hennes & Mauritz AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Hennes & Mauritz AB (OTCPK:HNNMY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HMRZF:USA HM B:Sweden HMBs:UK 0HBP:UK HMSA:Germany HMSB:Germany HMSB:Germany HMSB:Germany HMSB:Germany

Address

Master Samuelsgatan 46A, Stockholm, SWE, SE-106 38

Website

https://www.hmgroup.com

Hennes & Mauritz is a global multibrand fashion conglomerate that was founded in 1947. Its flagship H&M brand accounts for most of revenue, but the newer brands (COS, &Other Stories, Monki, Weekday, and newly launched Arket) are growing a bit faster. H&M commands low-single-digit market share in a fragmented global apparel market. Just under 70% of revenue is generated in Europe and Africa, 14% in Asia and Oceania, and 23% in North and South America. The company operates around 4,400 stores globally of which 3,947 are H&M-brand stores.

Hennes & Mauritz AB (Hennes & Mauritz AB) Headlines

From GuruFocus

H&M IS PROUD TO RELEASE A PLAYFUL AND OVER-THE-TOP COLLECTION IN COLLABORATION WITH FASHION ICON, IRIS APFEL

By PRNewswire PRNewswire • 03-09-2022

Hennes & Mauritz AB's Dividend Analysis

By GuruFocus Research • 11-07-2023

Hennes & Mauritz AB Stock Appears To Be Modestly Overvalued

By GF Value GF Value • 04-02-2021