Cettire (ASX:CTT) Days Payable

: 50.46 (As of Dec. 2022)

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Cettire's average Accounts Payable for the six months ended in Dec. 2022 was A$38.9 Mil. Cettire's Cost of Goods Sold for the six months ended in Dec. 2022 was A$140.7 Mil. Hence, Cettire's Days Payable for the six months ended in Dec. 2022 was 50.46.

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

ASX:CTT' s Days Payable Range Over the Past 10 Years
Min: 41.69 Med: 46.05 Max: 65.46
Current: 65.46

During the past 3 years, Cettire's highest Days Payable was 65.46. The lowest was 41.69. And the median was 46.05.

ASX:CTT's Days Payable is ranked better than
55.3% of 1067 companies
in the Retail - Cyclical industry
Industry Median: 59.17 vs ASX:CTT: 65.46

Cettire's Days Payable declined from Dec. 2021 (59.04) to Dec. 2022 (50.46). It may suggest that Cettire accelerated paying its suppliers.

Cettire Days Payable Historical Data

The historical data trend for Cettire'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.

Cettire Annual Data

Trend

Jun20

Jun21

Jun22

Days Payable

50.41

41.69

Cettire Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22
Days Payable	66.58	56.19	59.04	73.73	50.46

Competitive Comparison

For the Luxury Goods subindustry, Cettire'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.

Annual Data Quarterly Data

Cettire Days Payable Distribution

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

* The bar in red indicates where Cettire's Days Payable falls in comparison to its industry or sector. The grey bar indicates the Days Payable's extreme value range as defined by GuruFocus.

Cettire 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.

Cettire's Days Payable for the fiscal year that ended in Jun. 2022 is calculated as

	Days Payable (A: Jun. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2021 )	+	Accounts Payable (A: Jun. 2022 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2022 )	*	Days in Period
=	( (14.754	+	24.659)	/	2 )	/	172.525	*	365
=	19.7065					/	172.525	*	365
=	41.69

Cettire's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

	Days Payable (Q: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2022 )	+	Accounts Payable (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (24.659	+	53.128)	/	2 )	/	140.67	*	365 / 2
=	38.8935					/	140.67	*	365 / 2
=	50.46

Cettire Days Payable Related Terms

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

Cettire (ASX:CTT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Cettire Ltd (ASX:CTT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

140 William Street, Level 40, Melbourne, VIC, AUS, 3000

Website

https://www.cettire.com

Cettire Ltd is an online luxury goods retailer. The company sells clothing products, accessories, footwear, handbags, and other products. Geographically, it derives a majority of its revenue from the United States.

Cettire (ASX:CTT) Headlines

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