Lvmh Moet Hennessy Louis Vuitton SE (MEX:MC) Days Payable : 117.39 (As of Jun. 2024)

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What is Lvmh Moet Hennessy Louis Vuitton SE Days Payable?

Lvmh Moet Hennessy Louis Vuitton SE's average Accounts Payable for the six months ended in Jun. 2024 was MXN164,703 Mil. Lvmh Moet Hennessy Louis Vuitton SE's Cost of Goods Sold for the six months ended in Jun. 2024 was MXN256,048 Mil. Hence, Lvmh Moet Hennessy Louis Vuitton SE's Days Payable for the six months ended in Jun. 2024 was 117.39.

The historical rank and industry rank for Lvmh Moet Hennessy Louis Vuitton SE's Days Payable or its related term are showing as below:

MEX:MC' s Days Payable Range Over the Past 10 Years
Min: 107.69 Med: 114.54 Max: 125.48
Current: 115.1

During the past 13 years, Lvmh Moet Hennessy Louis Vuitton SE's highest Days Payable was 125.48. The lowest was 107.69. And the median was 114.54.

MEX:MC's Days Payable is ranked better than
80.31% of 1082 companies
in the Retail - Cyclical industry
Industry Median: 52.82 vs MEX:MC: 115.10

Lvmh Moet Hennessy Louis Vuitton SE's Days Payable declined from Jun. 2023 (127.07) to Jun. 2024 (117.39). It may suggest that Lvmh Moet Hennessy Louis Vuitton SE accelerated paying its suppliers.

Lvmh Moet Hennessy Louis Vuitton SE Days Payable Historical Data

The historical data trend for Lvmh Moet Hennessy Louis Vuitton SE'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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Lvmh Moet Hennessy Louis Vuitton SE Days Payable Chart

Lvmh Moet Hennessy Louis Vuitton SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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115.59

116.51

111.25

122.27

128.03

Lvmh Moet Hennessy Louis Vuitton SE 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															122.21	111.50	127.07	113.15	117.39

Competitive Comparison of Lvmh Moet Hennessy Louis Vuitton SE's Days Payable

For the Luxury Goods subindustry, Lvmh Moet Hennessy Louis Vuitton SE'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.

Lvmh Moet Hennessy Louis Vuitton SE's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lvmh Moet Hennessy Louis Vuitton SE's Days Payable distribution charts can be found below:

* The bar in red indicates where Lvmh Moet Hennessy Louis Vuitton SE's Days Payable falls into.

Lvmh Moet Hennessy Louis Vuitton SE 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.

Lvmh Moet Hennessy Louis Vuitton SE'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
=	( (181494.542	+	167502.694)	/	2 )	/	497491.701	*	365
=	174498.618					/	497491.701	*	365
=	128.03

Lvmh Moet Hennessy Louis Vuitton SE'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
=	( (167502.694	+	161903.171)	/	2 )	/	256047.596	*	365 / 2
=	164702.9325					/	256047.596	*	365 / 2
=	117.39

Lvmh Moet Hennessy Louis Vuitton SE Days Payable Related Terms

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Lvmh Moet Hennessy Louis Vuitton SE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lvmh Moet Hennessy Louis Vuitton SE (MEX:MC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LVMUY:USA LVMHF:USA LVMH01:Thailand 1MC:Italy MCp:UK 0HAU:UK MC:France MOH:Germany MOH:Bulgaria MC:Austria

Address

22, Avenue Montaigne, Paris, FRA, 75008

Website

https://www.lvmh.com

LVMH is a global producer and distributor of luxury goods. It operates six segments: fashion and leather goods, its largest and oldest; watches and jewelry; wines and spirits; perfumes and cosmetics; selective retailing (including Sephora and airport duty-free retailer DFS); and other (including publishing). Higher-profile brands include Louis Vuitton, Bulgari, Fendi, Givenchy, Tag Heuer, Hennessy, Moet & Chandon, Glenmorangie, Sephora, and Benefit. LVMH operates more than 5,000 stores around the globe.