Global Fashion Group (XTER:GFG) Days Payable : 123.10 (As of Dec. 2023)

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What is Global Fashion Group Days Payable?

Global Fashion Group's average Accounts Payable for the six months ended in Dec. 2023 was €160.8 Mil. Global Fashion Group's Cost of Goods Sold for the six months ended in Dec. 2023 was €238.4 Mil. Hence, Global Fashion Group's Days Payable for the six months ended in Dec. 2023 was 123.10.

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

XTER:GFG' s Days Payable Range Over the Past 10 Years
Min: 115.83 Med: 128.18 Max: 166.97
Current: 126.28

During the past 8 years, Global Fashion Group's highest Days Payable was 166.97. The lowest was 115.83. And the median was 128.18.

XTER:GFG's Days Payable is ranked better than
83.15% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.77 vs XTER:GFG: 126.28

Global Fashion Group's Days Payable declined from Dec. 2022 (139.96) to Dec. 2023 (123.10). It may suggest that Global Fashion Group accelerated paying its suppliers.

Global Fashion Group Days Payable Historical Data

The historical data trend for Global Fashion 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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Global Fashion Group Days Payable Chart

Global Fashion Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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115.83

124.15

166.97

138.36

132.20

Global Fashion Group Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial									268.96	185.35	139.96	123.54	123.10

Competitive Comparison of Global Fashion Group's Days Payable

For the Apparel Retail subindustry, Global Fashion 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.

Global Fashion Group's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Global Fashion Group's Days Payable distribution charts can be found below:

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

Global Fashion 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.

Global Fashion 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
=	( (181.9	+	169.5)	/	2 )	/	485.1	*	365
=	175.7					/	485.1	*	365
=	132.20

Global Fashion Group'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
=	( (152.1	+	169.5)	/	2 )	/	238.4	*	365 / 2
=	160.8					/	238.4	*	365 / 2
=	123.10

Global Fashion Group Days Payable Related Terms

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Global Fashion Group (XTER:GFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Global Fashion Group SA (XTER:GFG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GFGT:Austria

Address

5, Heienhaff, Senningerberg, LUX, L-1736

Website

https://www.global-fashion-group.com

Global Fashion Group SA is an online fashion portal operating under various brands such as The Iconic, Zalora, Dafiti and Lamoda. The business segments of the company include Asia Pacific(APAC), Latin America(LATAM), and the Commonwealth of Independent States(CIS). Majority revenue is generated from ANZ segment; It operates under The Iconic banner in Australia and New Zealand.

Executives

Partan Limited	PCA to Cynthia Gordon, PDMR and Chairperson of the Supervisory Board of Global Fashion Group S.A.
Patrick Schmidt	Co-CEO and member of the management board
Matthew Price	CFO and member of the management board

Global Fashion Group (XTER:GFG) Headlines

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