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FIGS (FIGS) Days Payable : 22.72 (As of Mar. 2025)


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What is FIGS Days Payable?

FIGS's average Accounts Payable for the three months ended in Mar. 2025 was $10.1 Mil. FIGS's Cost of Goods Sold for the three months ended in Mar. 2025 was $40.4 Mil. Hence, FIGS's Days Payable for the three months ended in Mar. 2025 was 22.72.

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

FIGS' s Days Payable Range Over the Past 10 Years
Min: 24.49   Med: 41.89   Max: 123.26
Current: 35.72

During the past 6 years, FIGS's highest Days Payable was 123.26. The lowest was 24.49. And the median was 41.89.

FIGS's Days Payable is ranked worse than
67.88% of 1018 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.635 vs FIGS: 35.72

FIGS's Days Payable declined from Mar. 2024 (45.39) to Mar. 2025 (22.72). It may suggest that FIGS accelerated paying its suppliers.


FIGS Days Payable Historical Data

The historical data trend for FIGS'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.

FIGS Days Payable Chart

FIGS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial 56.30 40.96 42.81 38.58 24.49

FIGS Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 45.39 40.93 46.74 33.83 22.72

Competitive Comparison of FIGS's Days Payable

For the Apparel Manufacturing subindustry, FIGS'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.


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

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

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


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FIGS 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.

FIGS's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (14.749 + 9.401) / 2 ) / 179.935*365
=12.075 / 179.935*365
=24.49

FIGS's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (9.401 + 10.736) / 2 ) / 40.442*365 / 4
=10.0685 / 40.442*365 / 4
=22.72

* 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.


FIGS Days Payable Related Terms

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


FIGS Business Description

Traded in Other Exchanges
N/A
Address
2834 Colorado Avenue, Suite 100, Santa Monica, CA, USA, 90404
FIGS Inc is a healthcare apparel company. The Company designs and sells scrubwear and non-scrubwear, such as outerwear, underscrubs, footwear, compression socks, lab coats, loungewear and other apparel. The Company generates maximum revenue from United States. Sales are generated through the Company's digital platforms.
Executives
Heather L. Hasson director, 10 percent owner, officer: Co-Chief Executive Officer C/O G SQUARED ASCEND MANAGEMENT I, LLC, 205 N MICHIGAN AVENUE SUITE 3770, CHICAGO IL 60601
Daniella Turenshine officer: Chief Financial Officer C/O FIGS, INC., 2834 COLORADO AVENUE, SUITE 100, SANTA MONICA CA 90404
Mario Jesus Marte director C/O CHEWY, INC., 7700 WEST SUNRISE BLVD, PLANTATION FL 33322
Catherine Eva Spear director, 10 percent owner, officer: Co-Chief Executive Officer 16 FUNSTON AVENUE, SUITE A, THE PRESIDIO OF SAN FRANCISCO, SAN FRANCISCO CA 94129
Michael J Soenen director C/O FIGS INC., 2824 COLORADO AVENUE, SUITE 100, SANTA MONICA CA 90404
Thomas Tull 10 percent owner 27 N. WACKER DRIVE #523, CHICAGO IL 60606
Jeffrey A Wilke director PO BOX 81226, SEATTLE WA 98108-1226
Alan G Lafley director C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Kenneth Jian-hong Lin director C/O FIGS, INC., 2834 COLORADO AVENUE, SUITE 100, SANTA MONICA CA 90404
Tulco, Llc 10 percent owner 1000 COMMERCE DRIVE, 2ND FLOOR, PITTSBURGH PA 15275
Viking Global Investors Lp 10 percent owner 600 WASHINGTON BLVD., FLOOR 11, STAMFORD CT 06901
Sheila Antrum director 5830 GRANITE PARKWAY, SUITE 1150, PLANO TX 75024
John Martin Willhite director C/O FIGS, INC., 2824 COLORADO AVENUE, SUITE 100, SANTA MONICA CA 90404
Christopher Peter Varelas director C/O FIGS, INC., 2824 COLORADO AVENUE, SUITE 100, SANTA MONICA CA 90404
Jeffrey D Lawrence officer: Chief Financial Officer 30 FRANK LLOYD WRIGHT DR, ANN ARBOR MI 48105