Hydrofarm Holdings Group (STU:5TUA) Days Payable : 30.20 (As of Jun. 2024)

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What is Hydrofarm Holdings Group Days Payable?

Hydrofarm Holdings Group's average Accounts Payable for the three months ended in Jun. 2024 was €13.5 Mil. Hydrofarm Holdings Group's Cost of Goods Sold for the three months ended in Jun. 2024 was €40.8 Mil. Hence, Hydrofarm Holdings Group's Days Payable for the three months ended in Jun. 2024 was 30.20.

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

STU:5TUA' s Days Payable Range Over the Past 10 Years
Min: 23.35 Med: 25.73 Max: 33.17
Current: 27.78

During the past 6 years, Hydrofarm Holdings Group's highest Days Payable was 33.17. The lowest was 23.35. And the median was 25.73.

STU:5TUA's Days Payable is ranked worse than
94.66% of 206 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 71.375 vs STU:5TUA: 27.78

Hydrofarm Holdings Group's Days Payable increased from Jun. 2023 (24.22) to Jun. 2024 (30.20). It may suggest that Hydrofarm Holdings Group delayed paying its suppliers.

Hydrofarm Holdings Group Days Payable Historical Data

The historical data trend for Hydrofarm Holdings 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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Hydrofarm Holdings Group Days Payable Chart

Hydrofarm Holdings Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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29.73

27.19

23.04

22.38

25.74

Hydrofarm Holdings Group Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															24.22	22.64	30.54	29.55	30.20

Competitive Comparison of Hydrofarm Holdings Group's Days Payable

For the Farm & Heavy Construction Machinery subindustry, Hydrofarm Holdings 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.

Hydrofarm Holdings Group's Days Payable Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Hydrofarm Holdings Group's Days Payable distribution charts can be found below:

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

Hydrofarm Holdings 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.

Hydrofarm Holdings Group'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
=	( (12.87	+	11.566)	/	2 )	/	173.285	*	365
=	12.218					/	173.285	*	365
=	25.74

Hydrofarm Holdings Group'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: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (14.202	+	12.821)	/	2 )	/	40.822	*	365 / 4
=	13.5115					/	40.822	*	365 / 4
=	30.20

Hydrofarm Holdings Group Days Payable Related Terms

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Hydrofarm Holdings Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Hydrofarm Holdings Group Inc (STU:5TUA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HYFM:USA 5TUA:Germany

Address

1510 Main Street, Shoemakersville, PA, USA, 19555

Website

https://www.hydrofarm.com

Hydrofarm Holdings Group Inc is a distributor and manufacturer of agriculture equipment and supplies. Some of its products includes lighting solutions, growing media (i.e., premium soils and soil alternatives), nutrients, equipment, and supplies sold under proprietary, exclusive/preferred brands, or non-exclusive/distributed brands. The business is organized into two operating segments, the U.S. and Canada.

Hydrofarm Holdings Group Headlines

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