SMSEY (Samsonite Group) Days Payable : 124.43 (As of Dec. 2024)

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What is Samsonite Group Days Payable?

Samsonite Group's average Accounts Payable for the three months ended in Dec. 2024 was $512 Mil. Samsonite Group's Cost of Goods Sold for the three months ended in Dec. 2024 was $375 Mil. Hence, Samsonite Group's Days Payable for the three months ended in Dec. 2024 was 124.43.

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

SMSEY' s Days Payable Range Over the Past 10 Years
Min: 83.15 Med: 116.71 Max: 163.55
Current: 124.89

During the past 13 years, Samsonite Group's highest Days Payable was 163.55. The lowest was 83.15. And the median was 116.71.

SMSEY's Days Payable is ranked better than
82.79% of 1017 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 54.64 vs SMSEY: 124.89

Samsonite Group's Days Payable declined from Dec. 2023 (148.14) to Dec. 2024 (124.43). It may suggest that Samsonite Group accelerated paying its suppliers.

Samsonite Group Days Payable Historical Data

The historical data trend for Samsonite Group'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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Samsonite Group Days Payable Chart

Samsonite Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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162.81

118.16

134.39

131.89

128.57

Samsonite Group Quarterly Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															148.14	134.26	116.15	118.09	124.43

Competitive Comparison of Samsonite Group's Days Payable

For the Footwear & Accessories subindustry, Samsonite Group'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.

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

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

* The bar in red indicates where Samsonite Group's Days Payable falls into.

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Samsonite Group 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.

Samsonite Group's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (500.4	+	511.5)	/	2 )	/	1436.4	*	365
=	505.95					/	1436.4	*	365
=	128.57

Samsonite Group's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (0	+	511.5)	/	1 )	/	375.1	*	365 / 4
=	511.5					/	375.1	*	365 / 4
=	124.43

Samsonite Group Days Payable Related Terms

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Samsonite Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Samsonite Group SA (OTCPK:SMSEY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SMSOF:USA 01910:Hong Kong 1SO:Germany

Address

13-15, Avenue de la Liberte, Luxembourg, LUX, L-1931

Website

https://www.corporate.samsonite.com

Samsonite is the world's largest luggage company with a 20% market share in 2023. The company produces and sells travel luggage under various brands targeting the mid-market to high-end consumers. The group's key brand is Samsonite, whose market presence is well established, followed by Tumi, the high-end brand acquired in 2016, which alongside mass-market brand American Tourister, are the next largest earnings contributors. The majority of its products are manufactured by third parties, but Samsonite does produce its own select proprietary materials.