Hermes International (Hermes International) Days Payable

: 67.78 (As of Dec. 2023)

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Hermes International's average Accounts Payable for the six months ended in Dec. 2023 was $752 Mil. Hermes International's Cost of Goods Sold for the six months ended in Dec. 2023 was $2,025 Mil. Hence, Hermes International's Days Payable for the six months ended in Dec. 2023 was 67.78.

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

HESAY' s Days Payable Range Over the Past 10 Years
Min: 58.22 Med: 76.55 Max: 99.43
Current: 66.82

During the past 13 years, Hermes International's highest Days Payable was 99.43. The lowest was 58.22. And the median was 76.55.

HESAY's Days Payable is ranked better than
56.96% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 56.94 vs HESAY: 66.82

Hermes International's Days Payable increased from Dec. 2022 (60.42) to Dec. 2023 (67.78). It may suggest that Hermes International delayed paying its suppliers.

Hermes International Days Payable Historical Data

The historical data trend for Hermes International'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.

Hermes International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

71.42

67.39

60.24

61.34

65.01

Hermes International 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																53.74	58.51	60.42	65.80	67.78

Competitive Comparison

For the Luxury Goods subindustry, Hermes International'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.

Hermes International Days Payable Distribution

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

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

Hermes International 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.

Hermes International'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
=	( (698.093	+	747.001)	/	2 )	/	4056.707	*	365
=	722.547					/	4056.707	*	365
=	65.01

Hermes International'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
=	( (757.313	+	747.001)	/	2 )	/	2025.082	*	365 / 2
=	752.157					/	2025.082	*	365 / 2
=	67.78

Hermes International Days Payable Related Terms

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Hermes International (Hermes International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hermes International SA (OTCPK:HESAY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HESAF:USA RMSp:UK 0HV2:UK RMS:France HMI:Germany

Address

24 rue du Faubourg Saint Honore, Paris, FRA, 75008

Website

https://www.hermes.com

Hermes is a 180-year-old family controlled luxury goods company best known for its Birkin and Kelly bags. Its biggest segments are leather goods and saddlery, accounting for around half of revenue; clothes and accessories (25% of sales); silk and textiles (7%); and other products such as perfumes, watches, jewellery, and home furnishings. Hermes has around 300 stores globally, of which it owns and operates 221.