VRG (WAR:VRG) Days Payable : 75.97 (As of Dec. 2023)

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What is VRG Days Payable?

VRG's average Accounts Payable for the three months ended in Dec. 2023 was zł153 Mil. VRG's Cost of Goods Sold for the three months ended in Dec. 2023 was zł184 Mil. Hence, VRG's Days Payable for the three months ended in Dec. 2023 was 75.97.

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

WAR:VRG' s Days Payable Range Over the Past 10 Years
Min: 65.81 Med: 86.53 Max: 112.1
Current: 80.9

During the past 13 years, VRG's highest Days Payable was 112.10. The lowest was 65.81. And the median was 86.53.

WAR:VRG's Days Payable is ranked better than
68.39% of 1025 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs WAR:VRG: 80.90

VRG's Days Payable declined from Dec. 2022 (80.49) to Dec. 2023 (75.97). It may suggest that VRG accelerated paying its suppliers.

VRG Days Payable Historical Data

The historical data trend for VRG'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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VRG Days Payable Chart

VRG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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82.03

97.18

83.25

65.81

67.64

VRG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															80.49	92.21	76.77	95.71	75.97

Competitive Comparison of VRG's Days Payable

For the Apparel Manufacturing subindustry, VRG'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.

VRG's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

VRG 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.

VRG'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
=	( (108.089	+	112.76)	/	2 )	/	595.906	*	365
=	110.4245					/	595.906	*	365
=	67.64

VRG'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
=	( (192.957	+	112.76)	/	2 )	/	183.603	*	365 / 4
=	152.8585					/	183.603	*	365 / 4
=	75.97

VRG Days Payable Related Terms

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VRG (WAR:VRG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » VRG SA (WAR:VRG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Pilotow Street, Cracow, POL, 31-462

Website

https://www.vrg.pl

VRG SA is a Poland-based holding that specializes in the design, manufacture, and distribution of men's clothing and accessories. The company's operating segment includes Apparel and Jewellery. It generates maximum revenue from the Apparel segment. Geographically, it derives a majority of revenue from Poland. The company's brands include Vistula, Vistula Red, Lantier, Vesari, Wolczanka, Lambert, and other brand names.

VRG (WAR:VRG) Headlines

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