Canada Goose Holdings (Canada Goose Holdings) Days Payable : 35.30 (As of Dec. 2023)

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What is Canada Goose Holdings Days Payable?

Canada Goose Holdings's average Accounts Payable for the three months ended in Dec. 2023 was $46.2 Mil. Canada Goose Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $119.4 Mil. Hence, Canada Goose Holdings's Days Payable for the three months ended in Dec. 2023 was 35.30.

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

GOOS' s Days Payable Range Over the Past 10 Years
Min: 35.3 Med: 46.18 Max: 116.53
Current: 55.87

During the past 9 years, Canada Goose Holdings's highest Days Payable was 116.53. The lowest was 35.30. And the median was 46.18.

GOOS's Days Payable is ranked worse than
50.54% of 1023 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs GOOS: 55.87

Canada Goose Holdings's Days Payable declined from Dec. 2022 (39.82) to Dec. 2023 (35.30). It may suggest that Canada Goose Holdings accelerated paying its suppliers.

Canada Goose Holdings Days Payable Historical Data

The historical data trend for Canada Goose 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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Canada Goose Holdings Days Payable Chart

Canada Goose Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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43.89

96.53

109.03

71.72

58.67

Canada Goose 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															39.82	59.12	158.53	49.32	35.30

Competitive Comparison of Canada Goose Holdings's Days Payable

For the Apparel Manufacturing subindustry, Canada Goose 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.

Canada Goose Holdings's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Canada Goose 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.

Canada Goose Holdings's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (50.474	+	43.923)	/	2 )	/	293.649	*	365
=	47.1985					/	293.649	*	365
=	58.67

Canada Goose 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
=	( (47.668	+	44.723)	/	2 )	/	119.409	*	365 / 4
=	46.1955					/	119.409	*	365 / 4
=	35.30

Canada Goose Holdings Days Payable Related Terms

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Canada Goose Holdings (Canada Goose Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Canada Goose Holdings Inc (NYSE:GOOS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

1GC:Germany 1GC:Germany GOOS:Canada

Address

250 Bowie Avenue, Toronto, ON, CAN, M6E 4Y2

Website

https://www.canadagoose.com

Canada Goose Holdings Inc is a Canada based company that designs, manufactures, distributes, and retails premium outerwear for men, women, and children. It operates business through three segments namely, Wholesale and Direct to Consumer (DTC), Other. The DTC segment, which is the key revenue driver, comprises sales through country-specific e-commerce platforms and its company-owned retail stores located in luxury shopping locations. The Wholesale segment comprises sales made to a mix of functional and fashionable retailers, including major luxury department stores, outdoor specialty stores, and individual shops, and international distributors. Geographically, it has a presence in Canada, the United States, Asia, Europe, and the Rest of the World.