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Xtep International Holdings (Xtep International Holdings) Days Payable : 97.88 (As of Dec. 2023)


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What is Xtep International Holdings Days Payable?

Xtep International Holdings's average Accounts Payable for the six months ended in Dec. 2023 was $343 Mil. Xtep International Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was $640 Mil. Hence, Xtep International Holdings's Days Payable for the six months ended in Dec. 2023 was 97.88.

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

XTEPY' s Days Payable Range Over the Past 10 Years
Min: 86.47   Med: 106.85   Max: 127.85
Current: 113.51

During the past 13 years, Xtep International Holdings's highest Days Payable was 127.85. The lowest was 86.47. And the median was 106.85.

XTEPY's Days Payable is ranked better than
79.35% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.94 vs XTEPY: 113.51

Xtep International Holdings's Days Payable declined from Dec. 2022 (117.38) to Dec. 2023 (97.88). It may suggest that Xtep International Holdings accelerated paying its suppliers.


Xtep International Holdings Days Payable Historical Data

The historical data trend for Xtep International 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.

* Premium members only.

Xtep International Holdings Days Payable Chart

Xtep International Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 91.20 102.84 118.62 127.74 118.12

Xtep International Holdings 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 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 102.54 143.23 117.38 128.02 97.88

Competitive Comparison of Xtep International Holdings's Days Payable

For the Apparel Retail subindustry, Xtep International 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.


Xtep International Holdings's Days Payable Distribution in the Retail - Cyclical Industry

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

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



Xtep International 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.

Xtep International Holdings'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
=( (397.58 + 354.402) / 2 ) / 1161.849*365
=375.991 / 1161.849*365
=118.12

Xtep International 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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (332.245 + 354.402) / 2 ) / 640.114*365 / 2
=343.3235 / 640.114*365 / 2
=97.88

* 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.


Xtep International Holdings Days Payable Related Terms

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Xtep International Holdings (Xtep International Holdings) Business Description

Traded in Other Exchanges
Address
No. 89 Jiayi Road, Xiamen Xtep Tower, Guanyinshan Siming District, Fujian Province, Xiamen, CHN, 361008
Xtep International Holdings Ltd owns the Chinese sportswear brand XTEP. The company markets its brand as a stylish professional sports brand with a focus on running gear. Footwear accounts for more than half of the company's revenue. The remaining revenue comes from apparel sales. The company has thousands of XTEP retail stores in China that are primarily operated by the company's distributors or authorized retailers. It also sells online through its website and third-party e-commerce platforms. In addition to China, Xtep has distributors in the Middle East, Europe, and Southeast Asia.

Xtep International Holdings (Xtep International Holdings) Headlines