Van de Velde NV (STU:VO4) Days Payable : 189.42 (As of Dec. 2023)

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What is Van de Velde NV Days Payable?

Van de Velde NV's average Accounts Payable for the six months ended in Dec. 2023 was €16.9 Mil. Van de Velde NV's Cost of Goods Sold for the six months ended in Dec. 2023 was €16.2 Mil. Hence, Van de Velde NV's Days Payable for the six months ended in Dec. 2023 was 189.42.

The historical rank and industry rank for Van de Velde NV's Days Payable or its related term are showing as below:

STU:VO4' s Days Payable Range Over the Past 10 Years
Min: 37 Med: 91.03 Max: 336.89
Current: 336.89

During the past 13 years, Van de Velde NV's highest Days Payable was 336.89. The lowest was 37.00. And the median was 91.03.

STU:VO4's Days Payable is ranked better than
95.11% of 1022 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 55.97 vs STU:VO4: 336.89

Van de Velde NV's Days Payable declined from Dec. 2022 (196.96) to Dec. 2023 (189.42). It may suggest that Van de Velde NV accelerated paying its suppliers.

Van de Velde NV Days Payable Historical Data

The historical data trend for Van de Velde NV'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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Van de Velde NV Days Payable Chart

Van de Velde NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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91.65

106.47

98.84

120.37

97.01

Van de Velde NV 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															165.72	196.96	130.40	189.42	-

Competitive Comparison of Van de Velde NV's Days Payable

For the Apparel Manufacturing subindustry, Van de Velde NV'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.

Van de Velde NV's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Van de Velde NV's Days Payable falls into.

Van de Velde NV 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.

Van de Velde NV'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
=	( (11.258	+	10.281)	/	2 )	/	40.522	*	365
=	10.7695					/	40.522	*	365
=	97.01

Van de Velde NV's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (23.437	+	10.281)	/	2 )	/	16.243	*	365 / 2
=	16.859					/	16.243	*	365 / 2
=	189.42

Van de Velde NV Days Payable Related Terms

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Van de Velde NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Van de Velde NV (STU:VO4) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0IWV:UK VO4:Germany VAN:Belgium

Address

Lageweg 4, Schellebelle, BEL, 9260

Website

https://www.vandevelde.eu

Van de Velde NV designs and produces women's lingerie. Brands include Marie Jo, Primadonna, and Andres Sarda. Van de Velde sells majority of its items through the wholesale channel to independent specialty retailers. The remaining sales are through retail stores the company owns or franchises. Van de Velde sells its products worldwide, and it has retail stores throughout continental Europe, the United Kingdom, the United States, Hong Kong, and Dubai. Van de Velde manufactures its products in Asia and Tunisia.

Van de Velde NV Headlines

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