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Revolve Group (Revolve Group) Days Payable

: 34.04 (As of Dec. 2023)
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Revolve Group's average Accounts Payable for the three months ended in Dec. 2023 was $46 Mil. Revolve Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $124 Mil. Hence, Revolve Group's Days Payable for the three months ended in Dec. 2023 was 34.04.

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

RVLV' s Days Payable Range Over the Past 10 Years
Min: 29.77   Med: 34.98   Max: 45.83
Current: 33.8

During the past 7 years, Revolve Group's highest Days Payable was 45.83. The lowest was 29.77. And the median was 34.98.

RVLV's Days Payable is ranked worse than
71.57% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.675 vs RVLV: 33.80

Revolve Group's Days Payable declined from Dec. 2022 (37.69) to Dec. 2023 (34.04). It may suggest that Revolve Group accelerated paying its suppliers.


Revolve Group Days Payable Historical Data

The historical data trend for Revolve Group'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.

Revolve Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Premium Member Only Premium Member Only 32.72 45.83 42.58 37.69 34.98

Revolve Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable 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 Premium Member Only Premium Member Only Premium Member Only 37.69 32.46 34.43 33.19 34.04

Competitive Comparison

For the Internet Retail subindustry, Revolve Group'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.


Revolve Group Days Payable Distribution

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

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



Revolve Group 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.

Revolve Group'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
=( (50.789 + 47.821) / 2 ) / 514.52*365
=49.305 / 514.52*365
=34.98

Revolve Group'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
=( (44.479 + 47.821) / 2 ) / 123.729*365 / 4
=46.15 / 123.729*365 / 4
=34.04

* 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.


Revolve Group Days Payable Related Terms

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Revolve Group (Revolve Group) Business Description

Traded in Other Exchanges
Address
12889 Moore Street, Cerritos, CA, USA, 90703
The Revolve Group is an emerging e-commerce retailer, selling women's dresses, handbags, shoes, beauty products, and incidentals across its marketplace properties, Revolve and FWRD. The platform is built to suit the "next-generation customer," emphasizing mobile commerce, influencer marketing, and occupying an aspirational but attainable luxury niche. With $1.1 billion in 2022 net sales, the firm sits just outside the top 30 apparel retailers (by sales) in the U.S., but has consistently generated top-line growth north of 20%-25% as the industry continues to favor digital channels. Revolve generates approximately 20% of sales from private-label offerings, while focusing on building an inventory of unique products from emerging fashion brands with less than $10 million in annual sales.
Executives
Michael Mente director, 10 percent owner, officer: See Remarks C/O REVOLVE GROUP, INC., 12889 MOORE ST., CERRITOS CA 90703
Michael Karanikolas director, 10 percent owner, officer: See Remarks C/O REVOLVE GROUP, INC., 12889 MOORE ST., CERRITOS CA 90703
Mmmk Development, Inc. 10 percent owner C/O REVOLVE GROUP, INC., 12889 MOORE ST., CERRITOS CA 90703
Oana Ruxandra director C/O WARNER MUSIC GROUP CORP., 1633 BROADWAY, NEW YORK NY 10019
Marc D Stolzman director C/O REVOLVE GROUP, INC., 12889 MOORE ST., CERRITOS CA 90703
Jesse Timmermans officer: CHIEF FINANCIAL OFFICER C/O REVOLVE GROUP, INC., 12889 MOORE ST., CERRITOS CA 90703
David Pujades officer: CHIEF OPERATING OFFICER 16800 EDWARDS ROAD, CERRITOS CA 90703
L.p. Tsg6 10 percent owner TSG CONSUMER PARTNERS, 600 MONTGOMERY STREET, SUITE 2900, SAN FRANCISCO CA 94111
Hadley Mullin director C/O TSG CONSUMER PARTNERS, 600 MONTGOMERY STREET, SUITE 2900, SAN FRANCISCO CA 94111
Melanie Cox director C/O REVOLVE GROUP, INC., 12889 MOORE ST., CERRITOS CA 90703
Jennifer Baxter Moser director C/O TSG CONSUMER PARTNERS, 600 MONTGOMERY STREET, SUITE 2900, SAN FRANCISCO CA 94111
Tsg6 Management L.l.c. 10 percent owner C/O TSG CONSUMER PARTNERS, LLC, 600 MONTGOMERY STREET, SUITE 2900, SAN FRANCISCO CA 94111