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SharkNinja (SharkNinja) Days Payable : 66.89 (As of Dec. 2023)


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What is SharkNinja Days Payable?

SharkNinja's average Accounts Payable for the three months ended in Dec. 2023 was $553 Mil. SharkNinja's Cost of Goods Sold for the three months ended in Dec. 2023 was $755 Mil. Hence, SharkNinja's Days Payable for the three months ended in Dec. 2023 was 66.89.

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

SN' s Days Payable Range Over the Past 10 Years
Min: 60.96   Med: 61.29   Max: 70.58
Current: 65.31

During the past 4 years, SharkNinja's highest Days Payable was 70.58. The lowest was 60.96. And the median was 61.29.

SN's Days Payable is ranked worse than
50.74% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 66.76 vs SN: 65.31

SharkNinja's Days Payable increased from Dec. 2022 (39.43) to Dec. 2023 (66.89). It may suggest that SharkNinja delayed paying its suppliers.


SharkNinja Days Payable Historical Data

The historical data trend for SharkNinja'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.

SharkNinja Days Payable Chart

SharkNinja Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Payable
- 70.58 60.96 61.29

SharkNinja Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.43 63.22 53.37 79.66 66.89

Competitive Comparison of SharkNinja's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, SharkNinja'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.


SharkNinja's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, SharkNinja's Days Payable distribution charts can be found below:

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



SharkNinja 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.

SharkNinja'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
=( (328.122 + 459.651) / 2 ) / 2345.858*365
=393.8865 / 2345.858*365
=61.29

SharkNinja'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: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (646.697 + 459.651) / 2 ) / 754.604*365 / 4
=553.174 / 754.604*365 / 4
=66.89

* 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.


SharkNinja Days Payable Related Terms

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SharkNinja (SharkNinja) Business Description

Traded in Other Exchanges
N/A
Address
238 Des Voeux Road Central, 21st floor, Sheung Wan, Hong Kong, HKG
Website
SharkNinja Inc is a global product design and technology company that creates 5-star-rated lifestyle solutions through innovative products for consumers around the world. Its product categories include Cleaning, Cooking, Food Preparation, Home Environment and Beauty products. It sells vacuum cleaners, cooking pots, fryers, hair dryers, etc. The SharkNinja Group is expected to carry on the design, production, marketing and distribution of the Shark and Ninja brands of small household appliances in North America, Europe and other selected international markets (excluding the Asia Pacific Region and Greater China). Currently, the majority of the revenue is derived from the US market.