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Adastria Co (FRA:1E0) Days Payable : 39.59 (As of Aug. 2024)


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What is Adastria Co Days Payable?

Adastria Co's average Accounts Payable for the three months ended in Aug. 2024 was €85 Mil. Adastria Co's Cost of Goods Sold for the three months ended in Aug. 2024 was €195 Mil. Hence, Adastria Co's Days Payable for the three months ended in Aug. 2024 was 39.59.

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

FRA:1E0' s Days Payable Range Over the Past 10 Years
Min: 26.92   Med: 36.34   Max: 46.42
Current: 42.07

During the past 13 years, Adastria Co's highest Days Payable was 46.42. The lowest was 26.92. And the median was 36.34.

FRA:1E0's Days Payable is ranked worse than
62.39% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 55.93 vs FRA:1E0: 42.07

Adastria Co's Days Payable declined from Aug. 2023 (46.05) to Aug. 2024 (39.59). It may suggest that Adastria Co accelerated paying its suppliers.


Adastria Co Days Payable Historical Data

The historical data trend for Adastria Co'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.

Adastria Co Days Payable Chart

Adastria Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.92 39.09 42.49 42.45 43.03

Adastria Co Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 46.05 50.25 39.29 38.91 39.59

Competitive Comparison of Adastria Co's Days Payable

For the Apparel Manufacturing subindustry, Adastria Co'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.


Adastria Co's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Adastria Co's Days Payable distribution charts can be found below:

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



Adastria Co 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.

Adastria Co's Days Payable for the fiscal year that ended in Feb. 2024 is calculated as

Days Payable (A: Feb. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Feb. 2023 ) + Accounts Payable (A: Feb. 2024 )) / count ) / Cost of Goods Sold (A: Feb. 2024 )*Days in Period
=( (93.227 + 86.823) / 2 ) / 763.595*365
=90.025 / 763.595*365
=43.03

Adastria Co's Days Payable for the quarter that ended in Aug. 2024 is calculated as:

Days Payable (Q: Aug. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: May. 2024 ) + Accounts Payable (Q: Aug. 2024 )) / count ) / Cost of Goods Sold (Q: Aug. 2024 )*Days in Period
=( (77.13 + 92.304) / 2 ) / 195.254*365 / 4
=84.717 / 195.254*365 / 4
=39.59

* 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.


Adastria Co Days Payable Related Terms

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Adastria Co Business Description

Traded in Other Exchanges
Address
10th Floor, Gran Tokyo South Tower, 1-9-2, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-6610
Adastria Co Ltd is a manufacturer and retailer of clothing, bags, shoes, kitchen goods, furniture, and accessories with over a thousand stores in Asia. Its many retail brands span from targeting teenagers to middle-aged adults and from high-priced to mass-market goods. Its biggest brands include Lepsim, studio CLIP, niko and, Global Work, Heather, Jeanasis, Rageblue, and Lowrys Farm. The vast majority of Adastria's revenue and store locations are in Japan. Other Asian markets include Hong Kong, China, Taiwan, South Korea, and Singapore.

Adastria Co Headlines

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