Lovisa Holdings (ASX:LOV) Days Payable : 97.46 (As of Dec. 2023)

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What is Lovisa Holdings Days Payable?

Lovisa Holdings's average Accounts Payable for the six months ended in Dec. 2023 was A$38.4 Mil. Lovisa Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was A$71.9 Mil. Hence, Lovisa Holdings's Days Payable for the six months ended in Dec. 2023 was 97.46.

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

ASX:LOV' s Days Payable Range Over the Past 10 Years
Min: 41.02 Med: 55.43 Max: 122.27
Current: 122.27

During the past 9 years, Lovisa Holdings's highest Days Payable was 122.27. The lowest was 41.02. And the median was 55.43.

ASX:LOV's Days Payable is ranked better than
82.47% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 56.94 vs ASX:LOV: 122.27

Lovisa Holdings's Days Payable declined from Dec. 2022 (110.14) to Dec. 2023 (97.46). It may suggest that Lovisa Holdings accelerated paying its suppliers.

Lovisa Holdings Days Payable Historical Data

The historical data trend for Lovisa 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.

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Lovisa Holdings Days Payable Chart

Lovisa Holdings Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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53.55

70.36

69.79

67.04

62.56

Lovisa Holdings Semi-Annual Data
	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													98.25	108.53	110.14	114.80	97.46

Competitive Comparison of Lovisa Holdings's Days Payable

For the Specialty Retail subindustry, Lovisa 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.

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

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

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

Lovisa 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.

Lovisa Holdings's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (21.971	+	19.075)	/	2 )	/	119.742	*	365
=	20.523					/	119.742	*	365
=	62.56

Lovisa 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
=	( (19.075	+	57.692)	/	2 )	/	71.876	*	365 / 2
=	38.3835					/	71.876	*	365 / 2
=	97.46

Lovisa Holdings Days Payable Related Terms

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Lovisa Holdings (ASX:LOV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lovisa Holdings Ltd (ASX:LOV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LO7:Germany

Address

818-820 Glenferrie Road, Level 1, Hawthorn, Melbourne, VIC, AUS, 3122

Website

https://www.lovisa.com

Lovisa is a global fast fashion retailer specialising in jewellery. A vertically integrated supply chain allows it to develop, source, and merchandise its exclusive products. Its target customer base is millennials, seeking affordable and fashionable, or receiving jewellery as gifts. Lovisa's global network of own-operated and franchised stores span across more than 30 countries. Lovisa's sales growth track record is largely underpinned by global store rollouts. The store format and offering is standardised globally, with stores typically in shopping centres and malls with relatively high foot traffic and sales per square metre. Lovisa also operates online stores and in-store piercing services in all its jurisdictions.

Lovisa Holdings (ASX:LOV) Headlines

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