Essilorluxottica (Essilorluxottica) Days Payable : 89.73 (As of Dec. 2023)

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What is Essilorluxottica Days Payable?

Essilorluxottica's average Accounts Payable for the six months ended in Dec. 2023 was $2,530 Mil. Essilorluxottica's Cost of Goods Sold for the six months ended in Dec. 2023 was $5,145 Mil. Hence, Essilorluxottica's Days Payable for the six months ended in Dec. 2023 was 89.73.

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

ESLOF' s Days Payable Range Over the Past 10 Years
Min: 80.18 Med: 91.91 Max: 122.19
Current: 90.48

During the past 13 years, Essilorluxottica's highest Days Payable was 122.19. The lowest was 80.18. And the median was 91.91.

ESLOF's Days Payable is ranked better than
60.43% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 72.855 vs ESLOF: 90.48

Essilorluxottica's Days Payable declined from Dec. 2022 (92.82) to Dec. 2023 (89.73). It may suggest that Essilorluxottica accelerated paying its suppliers.

Essilorluxottica Days Payable Historical Data

The historical data trend for Essilorluxottica'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.

Essilorluxottica Days Payable Chart

Essilorluxottica Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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98.75

101.76

101.60

95.51

90.06

Essilorluxottica Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															93.12	102.19	92.82	89.08	89.73

Competitive Comparison of Essilorluxottica's Days Payable

For the Medical Instruments & Supplies subindustry, Essilorluxottica'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.

Essilorluxottica's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Essilorluxottica's Days Payable distribution charts can be found below:

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

Essilorluxottica 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.

Essilorluxottica'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
=	( (2433.263	+	2596.51)	/	2 )	/	10193.021	*	365
=	2514.8865					/	10193.021	*	365
=	90.06

Essilorluxottica'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (2462.622	+	2596.51)	/	2 )	/	5145.038	*	365 / 2
=	2529.566					/	5145.038	*	365 / 2
=	89.73

Essilorluxottica Days Payable Related Terms

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Essilorluxottica (Essilorluxottica) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Essilorluxottica (OTCPK:ESLOF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ESLOY:USA EL:Italy ELp:UK 0OMK:UK EL:France ESL:Germany ESLC:Germany ESL:Germany ESL:Germany ESL:Germany EI:Austria

Address

147, Rue de Paris, Charenton-Le-Pont, Paris, FRA, 94220

Website

https://www.essilorluxottica.com

EssilorLuxottica is a combination of the leading manufacturer of premium frames and sunglasses and the leading manufacturer of optical lenses. Both companies are significantly larger than the next biggest player in their respective fields and command over 15% of the fragmented global eyewear market. The company has a broad geographical presence, with around 36% of sales in Europe, 47% in North America, and the rest in Asia and Latin America.

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