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L'Oreal (XPAR:OR) Days Payable : 215.07 (As of Jun. 2024)


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What is L'Oreal Days Payable?

L'Oreal's average Accounts Payable for the six months ended in Jun. 2024 was €6,563 Mil. L'Oreal's Cost of Goods Sold for the six months ended in Jun. 2024 was €5,569 Mil. Hence, L'Oreal's Days Payable for the six months ended in Jun. 2024 was 215.07.

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

XPAR:OR' s Days Payable Range Over the Past 10 Years
Min: 188.17   Med: 211.28   Max: 234.42
Current: 211.51

During the past 13 years, L'Oreal's highest Days Payable was 234.42. The lowest was 188.17. And the median was 211.28.

XPAR:OR's Days Payable is ranked better than
94.12% of 1820 companies
in the Consumer Packaged Goods industry
Industry Median: 45.78 vs XPAR:OR: 211.51

L'Oreal's Days Payable increased from Jun. 2023 (214.19) to Jun. 2024 (215.07). It may suggest that L'Oreal delayed paying its suppliers.


L'Oreal Days Payable Historical Data

The historical data trend for L'Oreal'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.

* Premium members only.

L'Oreal Days Payable Chart

L'Oreal Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 208.38 228.31 234.42 214.18 215.14

L'Oreal 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 231.75 207.25 214.19 207.01 215.07

Competitive Comparison of L'Oreal's Days Payable

For the Household & Personal Products subindustry, L'Oreal'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.


L'Oreal's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, L'Oreal's Days Payable distribution charts can be found below:

* The bar in red indicates where L'Oreal's Days Payable falls into.



L'Oreal 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.

L'Oreal'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
=( (6345.6 + 6347) / 2 ) / 10767*365
=6346.3 / 10767*365
=215.14

L'Oreal'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: Dec. 2023 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (6347 + 6778.1) / 2 ) / 5568.7*365 / 2
=6562.55 / 5568.7*365 / 2
=215.07

* 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.


L'Oreal Days Payable Related Terms

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L'Oreal Business Description

Address
41, Rue Martre, Clichy Cedex, Paris, FRA, 92117
Founded in 1909, L'Oreal has grown into the largest beauty company in the world, participating in categories including skincare (40% of sales), makeup (20%), haircare (27%), fragrance (9%), and sanitary products (4%). The firm also has a diversified geographic footprint, generating 32% of sales in its home market of Western Europe, 27% from North America, 26% in North Asia, and the rest from various emerging markets across South Asia, Latin America, and Africa. L'Oreal owns a mix of premium and mass beauty brands sold through a wide range of channels such as mass retail, drugstores, department stores, travel retail, e-commerce, hair salons, and medi-spas. Leading brands include Lancome, Yves Saint Laurent, Maybelline, Kiehl's, L'Oreal Paris, Kerastase, CeraVe, Garnier, and Armani.