THG (CHIX:THGL) Days Payable : 63.89 (As of Dec. 2023)

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What is THG Days Payable?

THG's average Accounts Payable for the three months ended in Dec. 2023 was £450 Mil. THG's Cost of Goods Sold for the three months ended in Dec. 2023 was £643 Mil. Hence, THG's Days Payable for the three months ended in Dec. 2023 was 63.89.

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

CHIX:THGl' s Days Payable Range Over the Past 10 Years
Min: 82.23 Med: 94.86 Max: 139.67
Current: 123.41

During the past 7 years, THG's highest Days Payable was 139.67. The lowest was 82.23. And the median was 94.86.

CHIX:THGl's Days Payable is ranked better than
82.33% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 56.14 vs CHIX:THGl: 123.41

THG's Days Payable increased from Dec. 2021 (52.15) to Dec. 2023 (63.89). It may suggest that THG delayed paying its suppliers.

THG Days Payable Historical Data

The historical data trend for THG'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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THG Days Payable Chart

THG Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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125.18

85.75

82.23

83.14

104.58

THG Quarterly Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial							52.15	57.58	50.76	69.30	63.89

Competitive Comparison of THG's Days Payable

For the Internet Retail subindustry, THG'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.

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

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

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

THG 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.

THG'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
=	( (321.709	+	368.855)	/	2 )	/	1205.088	*	365
=	345.282					/	1205.088	*	365
=	104.58

THG'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
=	( (531.775	+	368.855)	/	2 )	/	643.193	*	365 / 4
=	450.315					/	643.193	*	365 / 4
=	63.89

THG Days Payable Related Terms

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

THG (CHIX:THGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » THG PLC (CHIX:THGl) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

THGPF:USA THG:UK

Address

Icon 1, Sunbank Lane, Ringway, Altrincham, GBR, WA15 0AF

Website

https://www.thg.com

THG PLC is an online retailer. It provides an end-to-end direct-to-consumer ("D2C") e-commerce solution for consumer brand owners under a Software as a Service, in addition to stand-alone services, including hosting, content creation and translation. Its business is operated through four businesses: THG Ingenuity, THG Nutrition, THG Beauty and Other. The company operates in the United Kingdom.

THG (CHIX:THGL) Headlines

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