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Torrid Holdings (Torrid Holdings) Days Payable : 29.70 (As of Jan. 2024)


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What is Torrid Holdings Days Payable?

Torrid Holdings's average Accounts Payable for the three months ended in Jan. 2024 was $63 Mil. Torrid Holdings's Cost of Goods Sold for the three months ended in Jan. 2024 was $192 Mil. Hence, Torrid Holdings's Days Payable for the three months ended in Jan. 2024 was 29.70.

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

CURV' s Days Payable Range Over the Past 10 Years
Min: 20.47   Med: 30.3   Max: 35.62
Current: 33.4

During the past 6 years, Torrid Holdings's highest Days Payable was 35.62. The lowest was 20.47. And the median was 30.30.

CURV's Days Payable is ranked worse than
72.17% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 56.94 vs CURV: 33.40

Torrid Holdings's Days Payable declined from Jan. 2023 (41.28) to Jan. 2024 (29.70). It may suggest that Torrid Holdings accelerated paying its suppliers.


Torrid Holdings Days Payable Historical Data

The historical data trend for Torrid Holdings'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.

Torrid Holdings Days Payable Chart

Torrid Holdings Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Days Payable
Get a 7-Day Free Trial 20.47 30.30 35.62 33.84 29.94

Torrid Holdings Quarterly Data
Jan19 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 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 41.28 38.28 34.22 35.07 29.70

Competitive Comparison of Torrid Holdings's Days Payable

For the Apparel Retail subindustry, Torrid Holdings'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.


Torrid Holdings's Days Payable Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Torrid Holdings's Days Payable falls into.



Torrid Holdings 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.

Torrid Holdings'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
=( (76.207 + 46.183) / 2 ) / 745.967*365
=61.195 / 745.967*365
=29.94

Torrid Holdings'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
=( (79.031 + 46.183) / 2 ) / 192.382*365 / 4
=62.607 / 192.382*365 / 4
=29.70

* 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.


Torrid Holdings Days Payable Related Terms

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Torrid Holdings (Torrid Holdings) Business Description

Traded in Other Exchanges
N/A
Address
18501 East San Jose Avenue, City of Industry, CA, USA, 91748
Torrid Holdings Inc is a direct-to-consumer brand of apparel, intimates and accessories in North America targeting the 25- to 40-year old woman. It is focused on fit and offers high quality products across a broad assortment that includes tops, bottoms, denim, dresses, intimates, activewear, footwear and accessories. The company has one reportable segment, which includes the operation of e-Commerce platform and stores.
Executives
Valeria Rico Nikolov director C/O TORRID HOLDINGS INC., 18501 EAST SAN JOSE AVENUE, CITY OF INDUSTRY CA 91748
Mark Mizicko officer: Chief Commercial Officer 18305 E. SAN JOSE AVE., CITY OF INDUSTRY CA 91748
Paula Dempsey officer: See Remarks 18501 EAST SAN JOSE AVENUE, CITY OF INDUSTRY CA 91748
Theo Killion director C/O TOMMY HILFIGER U.S.A., INC., 25 W. 39TH STREET, NEW YORK NY 10018
Bridgett C. Zeterberg officer: See Remarks 18501 E. SAN JOSE AVENUE, CITY OF INDUSTRY CA 91748
Timothy O Martin officer: See Remarks AMGEN INC, ONE AMGEN CENTER DRIVE, THOUSAND OAKS CA 91320-1799
Michael A Shaffer director C/O PHILLIPS-VAN HEUSEN CORPORATION, 200 MADISON AVENUE, NEW YORK NY 10016
Chinwe Abaelu officer: See Remarks C/O TORRID INC., 18501 E. SAN JOSE AVE., CITY OF INDUSTRY CA 91748
Tanner Macdiarmid officer: See Remarks C/O TORRID INC., 18501 E. SAN JOSE AVE., CITY OF INDUSTRY CA 91748
Kelly Mcguire Diehl officer: See Remarks C/O TORRID INC., 18501 E. SAN JOSE AVE., CITY OF INDUSTRY CA 91748
Anne Stephenson officer: See Remarks C/O TORRID INC., 18501 E. SAN JOSE AVE., CITY OF INDUSTRY CA 91748
Elizabeth Munoz director, officer: Chief Executive Officer C/O TORRID INC., 18501 E. SAN JOSE AVE., CITY OF INDUSTRY CA 91748
Michael Robert Salmon officer: Chief Operating Officer C/O TORRID INC., 18501 E. SAN JOSE AVE., CITY OF INDUSTRY CA 91748
George Wehlitz officer: Chief Financial Officer C/O TORRID HOLDINGS, 18501 EAST SAN JOSE AVENUE, CITY OF INDUSTRY CA 91748
Sycamore Partners Torrid, L.l.c. 10 percent owner 9 W. 57TH STREET, 31ST FLOOR, NEW YORK NY 10019

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