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ODD (ODDITY Tech) Days Payable : 153.85 (As of Sep. 2024)


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What is ODDITY Tech Days Payable?

ODDITY Tech's average Accounts Payable for the three months ended in Sep. 2024 was $60.3 Mil. ODDITY Tech's Cost of Goods Sold for the three months ended in Sep. 2024 was $35.8 Mil. Hence, ODDITY Tech's Days Payable for the three months ended in Sep. 2024 was 153.85.

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

ODD' s Days Payable Range Over the Past 10 Years
Min: 122.5   Med: 139.73   Max: 176.78
Current: 127.09

During the past 4 years, ODDITY Tech's highest Days Payable was 176.78. The lowest was 122.50. And the median was 139.73.

ODD's Days Payable is ranked better than
75.31% of 2523 companies
in the Software industry
Industry Median: 48.75 vs ODD: 127.09

ODDITY Tech's Days Payable increased from Sep. 2023 (136.03) to Sep. 2024 (153.85). It may suggest that ODDITY Tech delayed paying its suppliers.


ODDITY Tech Days Payable Historical Data

The historical data trend for ODDITY Tech'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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ODDITY Tech Days Payable Chart

ODDITY Tech Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Payable
176.78 139.19 140.26 122.50

ODDITY Tech Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 136.03 150.15 116.55 122.46 153.85

Competitive Comparison of ODDITY Tech's Days Payable

For the Software - Infrastructure subindustry, ODDITY Tech'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.


ODDITY Tech's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, ODDITY Tech's Days Payable distribution charts can be found below:

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



ODDITY Tech 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.

ODDITY Tech'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
=( (44.807 + 56.185) / 2 ) / 150.456*365
=50.496 / 150.456*365
=122.50

ODDITY Tech'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
=( (58.426 + 62.177) / 2 ) / 35.766*365 / 4
=60.3015 / 35.766*365 / 4
=153.85

* 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.


ODDITY Tech Days Payable Related Terms

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ODDITY Tech Business Description

Traded in Other Exchanges
N/A
Address
8 Haharash Street, Tel Aviv-Jaffa, ISR, 6761304
ODDITY Tech Ltd offers a consumer tech platform that is built to transform the beauty and wellness market. The ODDITY platform is designed to support a portfolio of brands and services that innovate and disrupt the expansive beauty and wellness market. It consumes user data to develop physical beauty and wellness products that deliver performance and functionality. Its brands include SpoiledChild and IL Makiage.