Boxed (BOXWQ) Days Payable : 39.43 (As of Sep. 2022)

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What is Boxed Days Payable?

Boxed's average Accounts Payable for the three months ended in Sep. 2022 was $15.96 Mil. Boxed's Cost of Goods Sold for the three months ended in Sep. 2022 was $36.93 Mil. Hence, Boxed's Days Payable for the three months ended in Sep. 2022 was 39.43.

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

BOXWQ' s Days Payable Range Over the Past 10 Years
Min: 29.04 Med: 36.9 Max: 47.71
Current: 45.82

During the past 4 years, Boxed's highest Days Payable was 47.71. The lowest was 29.04. And the median was 36.90.

BOXWQ's Days Payable is not ranked
in the Retail - Cyclical industry.
Industry Median: 56.675 vs BOXWQ: 45.82

Boxed's Days Payable increased from Sep. 2021 (33.45) to Sep. 2022 (39.43). It may suggest that Boxed delayed paying its suppliers.

Boxed Days Payable Historical Data

The historical data trend for Boxed'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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Boxed Days Payable Chart

Boxed Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Days Payable

36.90

29.04

47.71

Boxed Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Days Payable	Get a 7-Day Free Trial						33.45	73.58	51.19	37.74	39.43

Competitive Comparison of Boxed's Days Payable

For the Internet Retail subindustry, Boxed'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.

Boxed's Days Payable Distribution in the Retail - Cyclical Industry

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

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

Boxed 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.

Boxed's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

	Days Payable (A: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2020 )	+	Accounts Payable (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (9.073	+	28.937)	/	2 )	/	145.389	*	365
=	19.005					/	145.389	*	365
=	47.71

Boxed's Days Payable for the quarter that ended in Sep. 2022 is calculated as:

	Days Payable (Q: Sep. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2022 )	+	Accounts Payable (Q: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
=	( (17.209	+	14.705)	/	2 )	/	36.93	*	365 / 4
=	15.957					/	36.93	*	365 / 4
=	39.43

Boxed Days Payable Related Terms

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

Boxed (BOXWQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Boxed Inc (OTCPK:BOXWQ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

451 Broadway, Floor 2, New York, NY, USA, 10013

Website

https://www.boxed.com

Boxed Inc is an e-commerce platform selling bulk, high-repeat consumables to consumers and businesses. It offers wholesale products such as groceries, snacks, beverages, and household and cleaning products. It operates in two segments: Boxed Retail, which generates the majority revenue; and Boxed Software & Services. Retail segment engages in the sale of consumer products and goods in bulk sizes to consumers and businesses in the continental United States. Software & Services segment relates to its research, development, marketing, and production of our propriety software for sale to third parties.