GURUFOCUS.COM » STOCK LIST » USA » OTCPK » Compagnie Financiere Richemont SA (OTCPK:CFRHF) » Definitions » Days Payable
Switch to:

Compagnie Financiere Richemont Days Payable

: 83.77 (As of Mar. 2022)
View and export this data going back to 2008. Start your Free Trial

Compagnie Financiere Richemont's average Accounts Payable for the six months ended in Mar. 2022 was $1,964 Mil. Compagnie Financiere Richemont's Cost of Goods Sold for the six months ended in Mar. 2022 was $4,279 Mil. Hence, Compagnie Financiere Richemont's Days Payable for the six months ended in Mar. 2022 was 83.77.

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

CFRHF' s Days Payable Range Over the Past 10 Years
Min: 38.31   Med: 43.04   Max: 70.79
Current: 70.79

During the past 13 years, Compagnie Financiere Richemont's highest Days Payable was 70.79. The lowest was 38.31. And the median was 43.04.

CFRHF's Days Payable is ranked better than
59.04% of 1079 companies
in the Retail - Cyclical industry
Industry Median: 58.47 vs CFRHF: 70.79

Compagnie Financiere Richemont's Days Payable increased from Mar. 2021 (81.81) to Mar. 2022 (83.77). It may suggest that Compagnie Financiere Richemont delayed paying its suppliers.


Compagnie Financiere Richemont Days Payable Historical Data

The historical data trend for Compagnie Financiere Richemont'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.

Compagnie Financiere Richemont Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.36 41.98 44.67 42.56 42.26

Compagnie Financiere Richemont Semi-Annual Data
Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22
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 87.49 101.46 81.81 88.04 83.77

Competitive Comparison

For the Luxury Goods subindustry, Compagnie Financiere Richemont'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.

   

Compagnie Financiere Richemont Days Payable Distribution

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

* The bar in red indicates where Compagnie Financiere Richemont's Days Payable falls into.



Compagnie Financiere Richemont 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.

Compagnie Financiere Richemont's Days Payable for the fiscal year that ended in Mar. 2022 is calculated as

Days Payable (A: Mar. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2021 ) + Accounts Payable (A: Mar. 2022 )) / count ) / Cost of Goods Sold (A: Mar. 2022 )*Days in Period
=( (803.57142857143 + 1020.9251101322) / 2 ) / 7878.8546255507*365
=912.24826935179 / 7878.8546255507*365
=42.26

Compagnie Financiere Richemont's Days Payable for the quarter that ended in Mar. 2022 is calculated as:

Days Payable (Q: Mar. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2021 ) + Accounts Payable (Q: Mar. 2022 )) / count ) / Cost of Goods Sold (Q: Mar. 2022 )*Days in Period
=( (2907.0588235294 + 1020.9251101322) / 2 ) / 4278.6343612335*365 / 2
=1963.9919668308 / 4278.6343612335*365 / 2
=83.77

* 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.


Compagnie Financiere Richemont Days Payable Related Terms

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


Compagnie Financiere Richemont Business Description

Compagnie Financiere Richemont logo
Address
50, Chemin de la Chenaie, CP 30, Bellevue, Geneva, CHE, 1293
Richemont is a luxury goods conglomerate with 20 brands. Jewellery and watch brands make up over 70% of sales, but the group is also active in accessories, writing instruments, clothing and online luxury retail. Richemont's Jewellery Maisons, including Cartier and Van Cleef & Arpels, account for 56% of revenue and over 95% of profits. Its other brands include Vacheron Constantin, Piaget, Jaeger-LeCoultre, IWC Schaffhausen, Lange & Soehne, Officine Panerai, and Montblanc. Online businesses include Yoox Net-a-Porter.

Compagnie Financiere Richemont Headlines

Other Sources

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)