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Samsonite International (HKSE:01910) Days Payable : 148.35 (As of Dec. 2023)


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What is Samsonite International Days Payable?

Samsonite International's average Accounts Payable for the three months ended in Dec. 2023 was HK$4,827 Mil. Samsonite International's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$2,969 Mil. Hence, Samsonite International's Days Payable for the three months ended in Dec. 2023 was 148.35.

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

HKSE:01910' s Days Payable Range Over the Past 10 Years
Min: 81.38   Med: 112.24   Max: 280.05
Current: 280.05

During the past 13 years, Samsonite International's highest Days Payable was 280.05. The lowest was 81.38. And the median was 112.24.

HKSE:01910's Days Payable is ranked better than
95.12% of 1025 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs HKSE:01910: 280.05

Samsonite International's Days Payable increased from Sep. 2022 (106.80) to Dec. 2023 (148.35). It may suggest that Samsonite International delayed paying its suppliers.


Samsonite International Days Payable Historical Data

The historical data trend for Samsonite International'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.

Samsonite International Days Payable Chart

Samsonite International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 115.55 163.55 117.87 134.48 131.66

Samsonite International Quarterly Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only 106.80 149.64 - 150.03 148.35

Competitive Comparison of Samsonite International's Days Payable

For the Footwear & Accessories subindustry, Samsonite International'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.


Samsonite International's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Samsonite International's Days Payable falls into.



Samsonite International 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.

Samsonite International'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
=( (4541.224 + 3908.024) / 2 ) / 11711.577*365
=4224.624 / 11711.577*365
=131.66

Samsonite International'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: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (5746.902 + 3908.024) / 2 ) / 2969.286*365 / 4
=4827.463 / 2969.286*365 / 4
=148.35

* 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.


Samsonite International Days Payable Related Terms

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Samsonite International (HKSE:01910) Business Description

Traded in Other Exchanges
Address
13-15, Avenue de la Liberte, Luxembourg, LUX, L-1931
Samsonite is the world's largest luggage company with a 19.5% market share in 2018. The company produces and sells travel luggage under various brands targeting the mid-market to high-end consumers. The group's key brand is Samsonite, whose market presence is well established, followed by Tumi, the high-end brand acquired in 2016, which alongside mass-market brand American Tourister, are the next largest earnings contributors. The majority of its products are manufactured by third parties, but Samsonite does produce its own select proprietary materials. Except for Tumi, most of its products are sold to retailers, but the acquisition of online retailer eBags in early 2017 is boosting its online sales channel direct to consumers.

Samsonite International (HKSE:01910) Headlines

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