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Allbirds (Allbirds) Days Payable : 18.85 (As of Dec. 2023)


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What is Allbirds Days Payable?

Allbirds's average Accounts Payable for the three months ended in Dec. 2023 was $9.2 Mil. Allbirds's Cost of Goods Sold for the three months ended in Dec. 2023 was $44.6 Mil. Hence, Allbirds's Days Payable for the three months ended in Dec. 2023 was 18.85.

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

BIRD' s Days Payable Range Over the Past 10 Years
Min: 22.04   Med: 71.1   Max: 114.76
Current: 23.53

During the past 5 years, Allbirds's highest Days Payable was 114.76. The lowest was 22.04. And the median was 71.10.

BIRD's Days Payable is ranked worse than
82.78% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.77 vs BIRD: 23.53

Allbirds's Days Payable declined from Dec. 2022 (28.61) to Dec. 2023 (18.85). It may suggest that Allbirds accelerated paying its suppliers.


Allbirds Days Payable Historical Data

The historical data trend for Allbirds'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.

Allbirds Days Payable Chart

Allbirds Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
114.76 85.73 71.10 46.64 22.04

Allbirds Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 28.61 27.40 19.93 32.30 18.85

Competitive Comparison of Allbirds's Days Payable

For the Apparel Retail subindustry, Allbirds'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.


Allbirds's Days Payable Distribution in the Retail - Cyclical Industry

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

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



Allbirds 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.

Allbirds'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
=( (12.245 + 5.851) / 2 ) / 149.833*365
=9.048 / 149.833*365
=22.04

Allbirds'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
=( (12.58 + 5.851) / 2 ) / 44.615*365 / 4
=9.2155 / 44.615*365 / 4
=18.85

* 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.


Allbirds Days Payable Related Terms

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Allbirds (Allbirds) Business Description

Traded in Other Exchanges
N/A
Address
730 Montgomery Street, San Francisco, CA, USA, 94111
Allbirds Inc is a lifestyle brand that innovates with naturally derived materials to make footwear and apparel products in a better way, while treading lighter on the planet. Its primary source of revenue is from sales of shoes and apparel products. The majority of the revenue is derived from United States.
Executives
Joseph Vernachio officer: Chief Operating Officer C/O ALLBIRDS, INC., 730 MONTGOMERY STREET, SAN FRANCISCO CA 94111
Ann Mitchell officer: Chief Financial Officer C/O ALLBIRDS, INC., 730 MONTGOMERY STREET, SAN FRANCISCO CA 94111
Dan Levitan director, 10 percent owner 505 FIFTH AVE S, STE 600, SEATTLE WA 98104
Michael J Bufano officer: Chief Financial Officer C/O ALLBIRDS, INC., 730 MONTGOMERY STREET, SAN FRANCISCO CA 94111
Joseph Zwillinger director, 10 percent owner, officer: Co-Chief Executive Officer C/O BIG SKY GROWTH PARTNERS, INC., 1201 WESTERN AVENUE, SUITE 406, SEATTLE WA 98101
Ann Freeman director C/O ALLBIRDS, INC., 730 MONTGOMERY STREET, SAN FRANCISCO CA 94111
Timothy O. Brown director, 10 percent owner, officer: Co-Chief Executive Officer C/O ALLBIRDS, INC., 730 MONTGOMERY STREET, SAN FRANCISCO CA 94111
Goldman Sachs Group Inc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Sachs International Goldman 10 percent owner PLUMTREE COURT, 25 SHOE LANE, LONDON X0 EC4A 4AU
Goldman Sachs & Co. Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Maveron Equity Partners V, L.p. 10 percent owner 411 FIRST AVENUE SOUTH, SUITE 600, SEATTLE WA 98104
Maveron General Partner V, Llc 10 percent owner 411 FIRST AVENUE SOUTH, SUITE 600, SEATTLE WA 98104
Maveron V Entrepreneurs' Fund, L.p. 10 percent owner 411 FIRST AVENUE SOUTH, SUITE 600, SEATTLE WA 98104
Mep Associates V, L.p. 10 percent owner 411 FIRST AVENUE SOUTH, SUITE 600, SEATTLE WA 98104
Neil Harris Blumenthal director C/O WARBY PARKER INC., 233 SPRING STREET, 6TH FLOOR, NEW YORK NY 10013

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