Skechers USA (MEX:SKX) Days Payable : 92.70 (As of Sep. 2024)

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What is Skechers USA Days Payable?

Skechers USA's average Accounts Payable for the three months ended in Sep. 2024 was MXN22,496 Mil. Skechers USA's Cost of Goods Sold for the three months ended in Sep. 2024 was MXN22,145 Mil. Hence, Skechers USA's Days Payable for the three months ended in Sep. 2024 was 92.70.

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

MEX:SKX' s Days Payable Range Over the Past 10 Years
Min: 84.13 Med: 91.12 Max: 114.38
Current: 89.74

During the past 13 years, Skechers USA's highest Days Payable was 114.38. The lowest was 84.13. And the median was 91.12.

MEX:SKX's Days Payable is ranked better than
71.01% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 55.93 vs MEX:SKX: 89.74

Skechers USA's Days Payable increased from Sep. 2023 (77.09) to Sep. 2024 (92.70). It may suggest that Skechers USA delayed paying its suppliers.

Skechers USA Days Payable Historical Data

The historical data trend for Skechers USA'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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Skechers USA Days Payable Chart

Skechers USA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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98.46

111.37

91.53

87.30

99.96

Skechers USA Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															77.09	91.80	79.30	90.36	92.70

Competitive Comparison of Skechers USA's Days Payable

For the Footwear & Accessories subindustry, Skechers USA'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.

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

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

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

Skechers USA 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.

Skechers USA'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
=	( (18665.158	+	17110.059)	/	2 )	/	65315.854	*	365
=	17887.6085					/	65315.854	*	365
=	99.96

Skechers USA's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (21556.679	+	23435.277)	/	2 )	/	22144.873	*	365 / 4
=	22495.978					/	22144.873	*	365 / 4
=	92.70

Skechers USA Days Payable Related Terms

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Skechers USA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Skechers USA Inc (MEX:SKX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SKX:USA 0L73:UK SKAA:Germany SKAA:Germany

Address

228 Manhattan Beach Boulevard, Manhattan Beach, CA, USA, 90266

Website

https://www.skechers.com

Skechers USA Inc is a lifestyle footwear company under the Skechers GO brand name. Products offered include various styles of women's shoes, men's shoes, girl's shoes, boy's shoes, performance shoes, and work shoes. Allied products offered are apparel, bags, eyewear, toys, and more. Its products are available for sale at department and specialty stores, athletic and independent retailers, boutiques, and internet retailers. The company's operating segments includes Wholesale and Direct-to-Consumer. It generates maximum revenue from the Wholesale segment.