G-III Apparel Group (FRA:GI4) Days Payable : 34.74 (As of Jan. 2024)

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What is G-III Apparel Group Days Payable?

G-III Apparel Group's average Accounts Payable for the three months ended in Jan. 2024 was €169 Mil. G-III Apparel Group's Cost of Goods Sold for the three months ended in Jan. 2024 was €443 Mil. Hence, G-III Apparel Group's Days Payable for the three months ended in Jan. 2024 was 34.74.

The historical rank and industry rank for G-III Apparel Group's Days Payable or its related term are showing as below:

FRA:GI4' s Days Payable Range Over the Past 10 Years
Min: 34.61 Med: 41.63 Max: 47.89
Current: 37.98

During the past 13 years, G-III Apparel Group's highest Days Payable was 47.89. The lowest was 34.61. And the median was 41.63.

FRA:GI4's Days Payable is ranked worse than
67.59% of 1015 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 57.34 vs FRA:GI4: 37.98

G-III Apparel Group's Days Payable increased from Jan. 2023 (32.94) to Jan. 2024 (34.74). It may suggest that G-III Apparel Group delayed paying its suppliers.

G-III Apparel Group Days Payable Historical Data

The historical data trend for G-III Apparel 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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G-III Apparel Group Days Payable Chart

G-III Apparel Group Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Days Payable

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37.89

50.67

37.58

33.93

34.79

G-III Apparel Group Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable	Get a 7-Day Free Trial															32.94	39.97	51.88	33.14	34.74

Competitive Comparison of G-III Apparel Group's Days Payable

For the Apparel Manufacturing subindustry, G-III Apparel 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.

G-III Apparel Group's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, G-III Apparel Group's Days Payable distribution charts can be found below:

* The bar in red indicates where G-III Apparel Group's Days Payable falls into.

G-III Apparel 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.

G-III Apparel Group's Days Payable for the fiscal year that ended in Jan. 2024 is calculated as

	Days Payable (A: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jan. 2023 )	+	Accounts Payable (A: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jan. 2024 )	*	Days in Period
=	( (157.303	+	167.563)	/	2 )	/	1704.17	*	365
=	162.433					/	1704.17	*	365
=	34.79

G-III Apparel Group's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (169.888	+	167.563)	/	2 )	/	443.211	*	365 / 4
=	168.7255					/	443.211	*	365 / 4
=	34.74

G-III Apparel Group Days Payable Related Terms

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G-III Apparel Group (FRA:GI4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » G-III Apparel Group Ltd (FRA:GI4) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GIII:USA

Address

512 Seventh Avenue, New York, NY, USA, 10018

Website

https://www.g-iii.com

G-III Apparel Group Ltd is a textile company. It makes a wide range of apparel, footwear, and accessories that it sells under its own brands, licensed brands, and private-label brands. G-III has a substantial portfolio for licensed and proprietary brands, anchored by five global power brands: DKNY, Donna Karan, Calvin Klein, Tommy Hilfiger, and Karl Lagerfeld. The company has two reportable operations: Wholesale Operations and Retail Operations. The Wholesale operations segment includes sales of products under brands licensed by us from third parties, as well as sales of products under its own brands and private label brands. The retail operations segment consists primarily of Wilsons Leather, G.H. Bass, and DKNY retail stores. It derives most of its revenues from Wholesale operations.

G-III Apparel Group (FRA:GI4) Headlines

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