Delta Apparel (FRA:DA7) Days Payable : 70.33 (As of Mar. 2024)

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What is Delta Apparel Days Payable?

Delta Apparel's average Accounts Payable for the three months ended in Mar. 2024 was €53.6 Mil. Delta Apparel's Cost of Goods Sold for the three months ended in Mar. 2024 was €69.5 Mil. Hence, Delta Apparel's Days Payable for the three months ended in Mar. 2024 was 70.33.

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

FRA:DA7' s Days Payable Range Over the Past 10 Years
Min: 52.83 Med: 56.9 Max: 73.56
Current: 70.36

During the past 13 years, Delta Apparel's highest Days Payable was 73.56. The lowest was 52.83. And the median was 56.90.

FRA:DA7's Days Payable is ranked better than
61.02% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs FRA:DA7: 70.36

Delta Apparel's Days Payable declined from Mar. 2023 (71.14) to Mar. 2024 (70.33). It may suggest that Delta Apparel accelerated paying its suppliers.

Delta Apparel Days Payable Historical Data

The historical data trend for Delta Apparel'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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Delta Apparel Days Payable Chart

Delta Apparel Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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51.41

61.73

55.96

62.18

76.85

Delta Apparel Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															71.14	64.58	70.29	78.08	70.33

Competitive Comparison of Delta Apparel's Days Payable

For the Apparel Manufacturing subindustry, Delta Apparel'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.

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

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

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

Delta Apparel 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.

Delta Apparel's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (84.389	+	58.174)	/	2 )	/	338.574	*	365
=	71.2815					/	338.574	*	365
=	76.85

Delta Apparel's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (53.536	+	53.642)	/	2 )	/	69.533	*	365 / 4
=	53.589					/	69.533	*	365 / 4
=	70.33

Delta Apparel Days Payable Related Terms

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Delta Apparel (FRA:DA7) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Delta Apparel Inc (FRA:DA7) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

DLA:USA

Address

2750 Premiere Parkway, Suite 100, Duluth, GA, USA, 30097

Website

https://www.deltaapparelinc.com

Delta Apparel Inc together with its subsidiaries is an international apparel design, marketing, manufacturing, and sourcing company. It operates its business in two distinct segments: Delta Group and Salt Life Group. The company offers a diverse portfolio of lifestyle basics and branded activewear apparel, headwear, and related accessory products. It specializes in selling casual and athletic products through distribution channels and distribution tiers, including specialty stores, boutiques, department stores, mid and mass channels, e-retailers, and the U.S. military. It also offers its products to consumers on its websites and in its retail stores. The company derives the maximum revenue from the wholesale of goods through the Delta Group in the United States.

Delta Apparel (FRA:DA7) Headlines

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