Crocs (CROX) Days Payable

: 50.03 (As of Dec. 2023)

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Crocs's average Accounts Payable for the three months ended in Dec. 2023 was $235 Mil. Crocs's Cost of Goods Sold for the three months ended in Dec. 2023 was $429 Mil. Hence, Crocs's Days Payable for the three months ended in Dec. 2023 was 50.03.

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

CROX' s Days Payable Range Over the Past 10 Years
Min: 30.13 Med: 47.94 Max: 59.84
Current: 49.82

During the past 13 years, Crocs's highest Days Payable was 59.84. The lowest was 30.13. And the median was 47.94.

CROX's Days Payable is ranked worse than
56.7% of 1023 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs CROX: 49.82

Crocs's Days Payable increased from Dec. 2022 (42.79) to Dec. 2023 (50.03). It may suggest that Crocs delayed paying its suppliers.

Crocs Days Payable Historical Data

The historical data trend for Crocs'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.

Crocs Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

51.46

59.84

56.17

42.32

51.22

Crocs Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																42.79	51.82	50.00	46.38	50.03

Competitive Comparison

For the Footwear & Accessories subindustry, Crocs'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.

Crocs Days Payable Distribution

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

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

Crocs 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.

Crocs'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
=	( (230.821	+	260.978)	/	2 )	/	1752.337	*	365
=	245.8995					/	1752.337	*	365
=	51.22

Crocs'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
=	( (209.89	+	260.978)	/	2 )	/	429.4	*	365 / 4
=	235.434					/	429.4	*	365 / 4
=	50.03

Crocs Days Payable Related Terms

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Crocs (CROX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Crocs Inc (NAS:CROX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CROX:Mexico C7N:Germany

Address

13601 Via Varra, Broomfield, CO, USA, 80020

Website

https://www.crocs.com

Crocs Inc is engaged in the design, development, marketing, distribution, and sale of casual lifestyle footwear accessories for men, women, and children. The reportable geographic segments of the company include Americas, Asia pacific, and EMEA.

Executives

Adam Michaels	officer: EVP, Chief Digital Officer	C/O CROCS, INC., 13601 VIA VARRA, BROOMFIELD CO 80020
Michelle Poole	officer: EVP CP&M Officer	C/O CROCS, INC., 7477 DRY CREEK PARKWAY, NIWOT CO 80503
Shannon Sisler	officer: EVP, Chief People Officer	C/O CROCS, INC., 13601 VIA VARRA, BROOMFIELD CO 80020
Douglas J Treff	director	3231 S.E. SIXTH AVENUE, TOPEKA KS 66607
Anne Mehlman	officer: CFO	C/O CROCS, INC., 7477 E DRY CREEK PARKWAY, NIWOT CO 80503
Thomas J Smach	director	C/O FLEXTRONICS INTERNATIONAL LTD, 2090 FORTUNE DRIVE, SAN JOSE CA 95131
Thomas Britt	officer: EVP, Chief Information Officer	C/O CROCS, INC., 13601 VIA VARRA, BROOMFIELD CO 80020
Andrew Rees	officer: President	C/O CROCS, INC., 7477 DRY CREEK PARKWAY, NIWOT CO 80503
Ian Bickley	director	516 WEST 34TH STREET, NEW YORK NY 10001
Daniel P Hart	officer: EVP-Admin. & Corp. Development	7477 E. DRY CREEK PARKWAY, NIWOT CO 80503
Richard Blackshaw	officer: EVP, Brand President	C/O CROCS, INC., 13601 VIA VARRA, BROOMFIELD CO 80020
Ronald Frasch	director	NEIMAN MARCUS GROUP, 1618 MAIN ST, DALLAS TX 75201
Charisse Ford Hughes	director	C/O CROCS, INC., 13601 VIA VARRA, BROOMFIELD CO 80020
Beth J Kaplan	director	1716 LOCUST STREET, DES MOINES IA 50309
Elaine L Boltz	officer: Chief Operations Officer	C/O CROCS, INC., 7477 E DRY CREEK PARKWAY, NIWOT CO 80503