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Alpargatas (BSP:ALPA3) Days Payable : 50.75 (As of Dec. 2023)


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What is Alpargatas Days Payable?

Alpargatas's average Accounts Payable for the three months ended in Dec. 2023 was R$357 Mil. Alpargatas's Cost of Goods Sold for the three months ended in Dec. 2023 was R$643 Mil. Hence, Alpargatas's Days Payable for the three months ended in Dec. 2023 was 50.75.

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

BSP:ALPA3' s Days Payable Range Over the Past 10 Years
Min: 65.83   Med: 88.9   Max: 108.78
Current: 73.15

During the past 13 years, Alpargatas's highest Days Payable was 108.78. The lowest was 65.83. And the median was 88.90.

BSP:ALPA3's Days Payable is ranked better than
62.89% of 1024 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.345 vs BSP:ALPA3: 73.15

Alpargatas's Days Payable declined from Dec. 2022 (87.50) to Dec. 2023 (50.75). It may suggest that Alpargatas accelerated paying its suppliers.


Alpargatas Days Payable Historical Data

The historical data trend for Alpargatas'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.

Alpargatas Days Payable Chart

Alpargatas Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94.49 97.09 101.53 108.78 89.29

Alpargatas 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 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 87.50 102.24 68.83 59.62 50.75

Competitive Comparison of Alpargatas's Days Payable

For the Footwear & Accessories subindustry, Alpargatas'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.


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

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

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



Alpargatas 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.

Alpargatas'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
=( (699.924 + 395.067) / 2 ) / 2237.931*365
=547.4955 / 2237.931*365
=89.29

Alpargatas'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
=( (319.698 + 395.067) / 2 ) / 642.574*365 / 4
=357.3825 / 642.574*365 / 4
=50.75

* 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.


Alpargatas Days Payable Related Terms

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Alpargatas (BSP:ALPA3) Business Description

Traded in Other Exchanges
Address
United Nations Avenue, Vila Gertrudes, 14.261, Sao Paulo, SP, BRA, 04794-00
Alpargatas SA primarily manufactures footwear, apparel, and sports items. Brands the company owns or manufactures under license include Havaianas, dupe, Osklen, Mizuno, Megga, and Sete Leguas. Alpargatas reaches consumers through third-party retailers and through its own retail stores. Most of the company's sales are in Brazil and Argentina, with sales in Brazil accounting for more than half of the company's total sales. Remaining revenue is generated by the company's subsidiaries in Europe and the United States, and through direct exports.

Alpargatas (BSP:ALPA3) Headlines

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