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Stitch Fix (LTS:0L9X) Days Payable : 53.15 (As of Jan. 2024)


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What is Stitch Fix Days Payable?

Stitch Fix's average Accounts Payable for the three months ended in Jan. 2024 was $109 Mil. Stitch Fix's Cost of Goods Sold for the three months ended in Jan. 2024 was $187 Mil. Hence, Stitch Fix's Days Payable for the three months ended in Jan. 2024 was 53.15.

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

LTS:0L9X' s Days Payable Range Over the Past 10 Years
Min: 26.95   Med: 35.58   Max: 49.07
Current: 49.07

During the past 8 years, Stitch Fix's highest Days Payable was 49.07. The lowest was 26.95. And the median was 35.58.

LTS:0L9X's Days Payable is ranked worse than
56.67% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.77 vs LTS:0L9X: 49.07

Stitch Fix's Days Payable increased from Jan. 2023 (49.29) to Jan. 2024 (53.15). It may suggest that Stitch Fix delayed paying its suppliers.


Stitch Fix Days Payable Historical Data

The historical data trend for Stitch Fix'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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Stitch Fix Days Payable Chart

Stitch Fix Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Days Payable
Get a 7-Day Free Trial 38.15 36.12 26.95 35.90 48.85

Stitch Fix Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 49.29 47.88 49.74 53.17 53.15

Competitive Comparison of Stitch Fix's Days Payable

For the Apparel Retail subindustry, Stitch Fix'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.


Stitch Fix's Days Payable Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Stitch Fix's Days Payable falls into.



Stitch Fix 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.

Stitch Fix's Days Payable for the fiscal year that ended in Jul. 2023 is calculated as

Days Payable (A: Jul. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jul. 2022 ) + Accounts Payable (A: Jul. 2023 )) / count ) / Cost of Goods Sold (A: Jul. 2023 )*Days in Period
=( (149.748 + 103.695) / 2 ) / 946.902*365
=126.7215 / 946.902*365
=48.85

Stitch Fix's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

Days Payable (Q: Jan. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2023 ) + Accounts Payable (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (135.988 + 81.748) / 2 ) / 186.922*365 / 4
=108.868 / 186.922*365 / 4
=53.15

* 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.


Stitch Fix Days Payable Related Terms

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Stitch Fix (LTS:0L9X) Business Description

Traded in Other Exchanges
Address
1 Montgomery Street, Suite 1100, San Francisco, CA, USA, 94104
Stitch Fix Inc offers personal style services for men and women. The company engages in delivering one-to-one personalization to clients through the combination of data science and human judgment. It provides a shipment service called A FIX where the stylist's hand selects items from several merchandise with analysis of client and merchandise data to provide a personalized shipment of apparel, shoes, and accessories suited to the client's needs. The company offers products across categories, brands, product types, and price points including Women's, Petite, Maternity, Men's, and Plus. It also offers various product types, including denim, dresses, blouses, skirts, shoes, jewelry, and handbags, and sells merchandise across various ranges of price points.

Stitch Fix (LTS:0L9X) Headlines

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