European Wax Center (European Wax Center) Days Payable : 47.62 (As of Mar. 2024)

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What is European Wax Center Days Payable?

European Wax Center's average Accounts Payable for the three months ended in Mar. 2024 was $7.1 Mil. European Wax Center's Cost of Goods Sold for the three months ended in Mar. 2024 was $13.5 Mil. Hence, European Wax Center's Days Payable for the three months ended in Mar. 2024 was 47.62.

The historical rank and industry rank for European Wax Center's Days Payable or its related term are showing as below:

EWCZ' s Days Payable Range Over the Past 10 Years
Min: 22.89 Med: 34.25 Max: 41.78
Current: 37.01

During the past 5 years, European Wax Center's highest Days Payable was 41.78. The lowest was 22.89. And the median was 34.25.

EWCZ's Days Payable is ranked worse than
61.98% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 46.105 vs EWCZ: 37.01

European Wax Center's Days Payable increased from Mar. 2023 (37.79) to Mar. 2024 (47.62). It may suggest that European Wax Center delayed paying its suppliers.

European Wax Center Days Payable Historical Data

The historical data trend for European Wax Center'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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European Wax Center Days Payable Chart

European Wax Center Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

34.25

22.89

32.33

41.78

34.74

European Wax Center Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial													37.79	30.85	32.13	34.57	47.62

Competitive Comparison of European Wax Center's Days Payable

For the Household & Personal Products subindustry, European Wax Center'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.

European Wax Center's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where European Wax Center's Days Payable falls into.

European Wax Center 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.

European Wax Center'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
=	( (5.874	+	6.048)	/	2 )	/	62.637	*	365
=	5.961					/	62.637	*	365
=	34.74

European Wax Center's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (6.048	+	8.068)	/	2 )	/	13.524	*	365 / 4
=	7.058					/	13.524	*	365 / 4
=	47.62

European Wax Center Days Payable Related Terms

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European Wax Center (European Wax Center) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » European Wax Center Inc (NAS:EWCZ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

5830 Granite Parkway, 3rd Floor, Plano, TX, USA, 75024

Website

https://www.waxcenter.com

European Wax Center Inc is a franchisor and operator of OOH waxing services. Its product sales consist of revenue earned from sales of proprietary wax.

Executives

Andrea Lyn Wasserman	officer: Chief Commercial Officer	C/O EUROPEAN WAX CENTER, INC., 5830 GRANITE PARKWAY, 3RD FLOOR, PLANO TX 75024
Stacie Shirley	officer: CFO	TUESDAY MORNING CORPORATION, 6250 LBJ FREEWAY, DALLAS TX 75240
Julie Hauser-blanner	officer: SVP Ops, Field Tr. & Ind. Eng.	C/O EUROPEAN WAX CENTER, INC., 5830 GRANITE PARKWAY, 3RD FLOOR, PLANO TX 75024
Ewc Holdings, Inc.	10 percent owner	15511 FISHER ISLAND DRIVE, FISHER ISLAND FL 37495
General Atlantic Partners Aiv-1 A, L.p.	director, 10 percent owner	55 EAST 52ND STREET, 32ND FLOOR, NEW YORK NY 10055
Gapco Aiv Holdings, L.p.	director, 10 percent owner	C/O GENERAL ATLANTIC SERVICE CO., L.P., 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
Ga Aiv-1 B Interholdco (ew), L.p.	director, 10 percent owner	C/O GENERAL ATLANTIC SERVICE CO., L.P., 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
General Atlantic Genpar (ew), L.p.	director, 10 percent owner	C/O GENERAL ATLANTIC SERVICE CO., L.P., 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
General Atlantic Partners Aiv (ew), L.p.	director, 10 percent owner	C/O GENERAL ATLANTIC SERVICE CO., L.P., 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
Gapco Aiv Interholdco (ew), L.p.	director, 10 percent owner	C/O GENERAL ATLANTIC SERVICE CO., L.P., 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
General Atlantic Partners Aiv-1 B, L.p.	director, 10 percent owner	55 EAST 52ND STREET, 32ND FLOOR, NEW YORK NY 10055
Gap Coinvestments V, Llc	director, 10 percent owner	55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
General Atlantic (spv) Gp, Llc	director, 10 percent owner	55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
General Atlantic, L.p.	director, 10 percent owner	55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
Gap Coinvestments Iii, Llc	director, 10 percent owner	55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055