Harvey Norman Holdings (ASX:HVN) Days Payable : 64.52 (As of Dec. 2023)

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What is Harvey Norman Holdings Days Payable?

Harvey Norman Holdings's average Accounts Payable for the six months ended in Dec. 2023 was A$360 Mil. Harvey Norman Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was A$1,017 Mil. Hence, Harvey Norman Holdings's Days Payable for the six months ended in Dec. 2023 was 64.52.

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

ASX:HVN' s Days Payable Range Over the Past 10 Years
Min: 50.51 Med: 58 Max: 214.58
Current: 76.06

During the past 13 years, Harvey Norman Holdings's highest Days Payable was 214.58. The lowest was 50.51. And the median was 58.00.

ASX:HVN's Days Payable is ranked better than
63.43% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.94 vs ASX:HVN: 76.06

Harvey Norman Holdings's Days Payable declined from Dec. 2022 (65.42) to Dec. 2023 (64.52). It may suggest that Harvey Norman Holdings accelerated paying its suppliers.

Harvey Norman Holdings Days Payable Historical Data

The historical data trend for Harvey Norman Holdings'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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Harvey Norman Holdings Days Payable Chart

Harvey Norman Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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54.43

59.28

54.98

51.59

50.51

Harvey Norman Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															67.99	74.98	65.42	75.72	64.52

Competitive Comparison of Harvey Norman Holdings's Days Payable

For the Specialty Retail subindustry, Harvey Norman Holdings'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.

Harvey Norman Holdings's Days Payable Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Harvey Norman Holdings's Days Payable falls into.

Harvey Norman Holdings 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.

Harvey Norman Holdings's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (258.965	+	262.503)	/	2 )	/	1884.104	*	365
=	260.734					/	1884.104	*	365
=	50.51

Harvey Norman Holdings'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (262.503	+	456.572)	/	2 )	/	1017.006	*	365 / 2
=	359.5375					/	1017.006	*	365 / 2
=	64.52

Harvey Norman Holdings Days Payable Related Terms

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Harvey Norman Holdings (ASX:HVN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Harvey Norman Holdings Ltd (ASX:HVN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HNORY:USA HNN:Germany

Address

A1 Richmond Road, Homebush West, Sydney, NSW, AUS, 2140

Website

https://www.harveynormanholdings.com.au

Harvey Norman Holdings Ltd is the franchisor of Harvey Norman, a leading Australia-based retailer that sells goods from the electrical, computer, furniture, entertainment, and bedding sectors. The majority of earnings are generated in Australia, with the international divisions gradually growing in significance.

Harvey Norman Holdings (ASX:HVN) Headlines

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