Skin Elements (ASX:SKN) Days Payable : 2,804.42 (As of Dec. 2023)

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What is Skin Elements Days Payable?

Skin Elements's average Accounts Payable for the six months ended in Dec. 2023 was A$0.69 Mil. Skin Elements's Cost of Goods Sold for the six months ended in Dec. 2023 was A$0.05 Mil. Hence, Skin Elements's Days Payable for the six months ended in Dec. 2023 was 2,804.42.

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

ASX:SKN' s Days Payable Range Over the Past 10 Years
Min: 174.22 Med: 404.11 Max: 3015.28
Current: 3015.28

During the past 7 years, Skin Elements's highest Days Payable was 3015.28. The lowest was 174.22. And the median was 404.11.

ASX:SKN's Days Payable is ranked better than
99.27% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 46.12 vs ASX:SKN: 3015.28

Skin Elements's Days Payable increased from Dec. 2022 (1,289.47) to Dec. 2023 (2,804.42). It may suggest that Skin Elements delayed paying its suppliers.

Skin Elements Days Payable Historical Data

The historical data trend for Skin Elements'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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Skin Elements Days Payable Chart

Skin Elements Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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174.22

409.78

1,065.51

233.00

777.93

Skin Elements Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial									1,473.89	186.79	1,289.47	2,180.39	2,804.42

Competitive Comparison of Skin Elements's Days Payable

For the Household & Personal Products subindustry, Skin Elements'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.

Skin Elements's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Skin Elements's Days Payable falls into.

Skin Elements 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.

Skin Elements's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0.188	+	0.234)	/	2 )	/	0.099	*	365
=	0.211					/	0.099	*	365
=	777.93

Skin Elements'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
=	( (0.234	+	1.149)	/	2 )	/	0.045	*	365 / 2
=	0.6915					/	0.045	*	365 / 2
=	2,804.42

Skin Elements Days Payable Related Terms

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Skin Elements (ASX:SKN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Skin Elements Ltd (ASX:SKN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1242 Hay Street, West Perth, Perth, WA, AUS, 6005

Website

https://www.skinelementslimited.com

Skin Elements Ltd is a company that operates in the beauty and personal care industry. The principal business activities include the manufacture and distribution of natural, organic, health, and wellness products. Its brand portfolio includes Soleo Organics natural sunscreen brand, the PapayaActivs therapeutic skincare range, Elizabeth Jane Natural Cosmetics, and the recently developed Invisi-Shield SuprCuvr plant-based hospital-grade disinfectant range. The company is based on two segments, operational and corporate. The operating segment is involved in designing and formulating natural, organic, health, and wellness products.

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