Acushnet Holdings (Acushnet Holdings) Days Payable : 64.52 (As of Dec. 2023)

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What is Acushnet Holdings Days Payable?

Acushnet Holdings's average Accounts Payable for the three months ended in Dec. 2023 was $144 Mil. Acushnet Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $203 Mil. Hence, Acushnet Holdings's Days Payable for the three months ended in Dec. 2023 was 64.52.

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

GOLF' s Days Payable Range Over the Past 10 Years
Min: 41.23 Med: 45.09 Max: 55.3
Current: 48.27

During the past 11 years, Acushnet Holdings's highest Days Payable was 55.30. The lowest was 41.23. And the median was 45.09.

GOLF's Days Payable is ranked worse than
57.2% of 750 companies
in the Travel & Leisure industry
Industry Median: 60.1 vs GOLF: 48.27

Acushnet Holdings's Days Payable declined from Dec. 2022 (70.35) to Dec. 2023 (64.52). It may suggest that Acushnet Holdings accelerated paying its suppliers.

Acushnet Holdings Days Payable Historical Data

The historical data trend for Acushnet 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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Acushnet Holdings Days Payable Chart

Acushnet Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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42.49

50.20

49.01

55.30

51.30

Acushnet Holdings 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															70.35	46.72	41.60	42.93	64.52

Competitive Comparison of Acushnet Holdings's Days Payable

For the Leisure subindustry, Acushnet 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.

Acushnet Holdings's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Acushnet Holdings's Days Payable distribution charts can be found below:

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

Acushnet 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.

Acushnet Holdings'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
=	( (166.998	+	150.514)	/	2 )	/	1129.484	*	365
=	158.756					/	1129.484	*	365
=	51.30

Acushnet 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (136.777	+	150.514)	/	2 )	/	203.167	*	365 / 4
=	143.6455					/	203.167	*	365 / 4
=	64.52

Acushnet Holdings Days Payable Related Terms

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Acushnet Holdings (Acushnet Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Acushnet Holdings Corp (NYSE:GOLF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

163:Germany

Address

333 Bridge Street, Fairhaven, MA, USA, 02719

Website

https://www.acushnetholdingscorp.com

Acushnet Holdings Corp is engaged in the design, development, manufacture, and distribution of golf products. Its product category includes golf balls, golf shoes, golf clubs, wedges, putters, golf gloves, golf gear and golf wear, of which key revenue is derived from the sales of golf balls and golf gloves. The operating segments of the company are Titleist golf balls, Titleist golf clubs, Titleist golf gear and FootJoy golf wear. The company operates in the United States, EMEA, Japan, Korea and other countries, of which a majority of the revenue is generated from the operations in the United States.

Executives

Christopher Aaron Lindner	officer: President, FootJoy	C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Steven Francis Pelisek	officer: See Remarks	C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Fila Korea Co., Ltd.	director, 10 percent owner	1077 CHEONHO-DAERO, GANGDONG-GU, 15F,16F,17F,18F, SEOUL M5 05340
Brendan J. Reidy	officer: See Remarks	C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
David Eugene Maher	officer: Chief Operating Officer	C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Sean S Sullivan	director	11 PENN PLAZA, NEW YORK NY 10001
Nicholas N Mohamed	officer: Principal Accounting Officer	C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Leanne D Cunningham	director	850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Mary Louise Bohn	officer: See Remarks	C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Thomas Pacheco	officer: Principal Accounting Officer	C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Roger Czuchra	officer: See Remarks	C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Lee Ho Yeon (aaron)	director, 10 percent owner	FILA HOLDINGS CORP-EAST CENTRAL TOWER18F, 1077 CHEONHO-DAERO, GANGDON-GU, SEOUL M5 05340
Jan Singer	director	2 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10016
Roland A Giroux	officer: See Remarks	C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Duke John Francis Jr	officer: See Remarks	C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719