Salvatore Ferragamo SpA (CHIX:SFERM) Days Payable : 191.82 (As of Jun. 2024)

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What is Salvatore Ferragamo SpA Days Payable?

Salvatore Ferragamo SpA's average Accounts Payable for the six months ended in Jun. 2024 was €153 Mil. Salvatore Ferragamo SpA's Cost of Goods Sold for the six months ended in Jun. 2024 was €146 Mil. Hence, Salvatore Ferragamo SpA's Days Payable for the six months ended in Jun. 2024 was 191.82.

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

CHIX:SFERm' s Days Payable Range Over the Past 10 Years
Min: 140.59 Med: 153.91 Max: 198.49
Current: 192.15

During the past 13 years, Salvatore Ferragamo SpA's highest Days Payable was 198.49. The lowest was 140.59. And the median was 153.91.

CHIX:SFERm's Days Payable is ranked better than
90.28% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 52.765 vs CHIX:SFERm: 192.15

Salvatore Ferragamo SpA's Days Payable increased from Jun. 2023 (182.81) to Jun. 2024 (191.82). It may suggest that Salvatore Ferragamo SpA delayed paying its suppliers.

Salvatore Ferragamo SpA Days Payable Historical Data

The historical data trend for Salvatore Ferragamo SpA'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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Salvatore Ferragamo SpA Days Payable Chart

Salvatore Ferragamo SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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153.23

186.07

162.05

183.88

198.49

Salvatore Ferragamo SpA Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial															176.11	176.14	182.81	202.28	191.82

Competitive Comparison of Salvatore Ferragamo SpA's Days Payable

For the Luxury Goods subindustry, Salvatore Ferragamo SpA'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.

Salvatore Ferragamo SpA's Days Payable Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Salvatore Ferragamo SpA's Days Payable falls into.

Salvatore Ferragamo SpA 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.

Salvatore Ferragamo SpA'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
=	( (172.592	+	172)	/	2 )	/	316.839	*	365
=	172.296					/	316.839	*	365
=	198.49

Salvatore Ferragamo SpA's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (172	+	134.392)	/	2 )	/	145.752	*	365 / 2
=	153.196					/	145.752	*	365 / 2
=	191.82

Salvatore Ferragamo SpA Days Payable Related Terms

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Salvatore Ferragamo SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Salvatore Ferragamo SpA (CHIX:SFERm) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SFRGY:USA SFRGF:USA SFER:Italy 0P52:UK S9L:Germany SFER:Austria

Address

Via dei Tornabuoni 2, Firenze, ITA, 50123

Website

http://www.ferragamo.com

Founded in 1927, Salvatore Ferragamo is an Italian monobrand company mainly known for its footwear and accessories. The company generates about 45% of revenue in the fragmented footwear category, 40% in leather goods, 6% in apparel, and 7% in accessories. It was one of the pioneers in establishing a presence in Asia, where it generates 32% of sales and other emerging markets (8% of sales in Central and South America). Ferragamo generates 24% of revenue in Europe, 28% in the US, and 8% in Japan.

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