Brilliant Earth Group (Brilliant Earth Group) Days Payable : 7.66 (As of Dec. 2023)

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What is Brilliant Earth Group Days Payable?

Brilliant Earth Group's average Accounts Payable for the three months ended in Dec. 2023 was $4.3 Mil. Brilliant Earth Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $51.3 Mil. Hence, Brilliant Earth Group's Days Payable for the three months ended in Dec. 2023 was 7.66.

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

BRLT' s Days Payable Range Over the Past 10 Years
Min: 14.36 Med: 23.95 Max: 33.75
Current: 14.36

During the past 5 years, Brilliant Earth Group's highest Days Payable was 33.75. The lowest was 14.36. And the median was 23.95.

BRLT's Days Payable is ranked worse than
88.96% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 56.405 vs BRLT: 14.36

Brilliant Earth Group's Days Payable declined from Dec. 2022 (18.07) to Dec. 2023 (7.66). It may suggest that Brilliant Earth Group accelerated paying its suppliers.

Brilliant Earth Group Days Payable Historical Data

The historical data trend for Brilliant Earth 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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Brilliant Earth Group Days Payable Chart

Brilliant Earth Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

33.75

28.23

23.95

22.65

14.98

Brilliant Earth Group 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											18.07	19.83	17.19	13.11	7.66

Competitive Comparison of Brilliant Earth Group's Days Payable

For the Luxury Goods subindustry, Brilliant Earth 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.

Brilliant Earth Group's Days Payable Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Brilliant Earth Group's Days Payable falls into.

Brilliant Earth 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.

Brilliant Earth Group'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
=	( (11.032	+	4.511)	/	2 )	/	189.382	*	365
=	7.7715					/	189.382	*	365
=	14.98

Brilliant Earth Group'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
=	( (4.108	+	4.511)	/	2 )	/	51.338	*	365 / 4
=	4.3095					/	51.338	*	365 / 4
=	7.66

Brilliant Earth Group Days Payable Related Terms

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Brilliant Earth Group (Brilliant Earth Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Brilliant Earth Group Inc (NAS:BRLT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

300 Grant Avenue, Third Floor, San Francisco, CA, USA, 94108

Website

https://www.brilliantearth.com

Brilliant Earth Group Inc designs, procures and sells ethically-sourced diamonds, gemstones and jewelry online and through showrooms. Its sales consist of revenue from diamond, gemstone, and jewelry retail sales. The company sells its products in the U.S. and other international countries, of which a majority of revenue is derived from the U.S.

Executives

Mainsail Gp Iii, Llc	10 percent owner	500 WEST 5TH STREET, SUITE 1100, AUSTIN TX 78701
Gavin Turner	director, 10 percent owner	500 WEST 5TH STREET, SUITE 1100, AUSTIN TX 78701
Jeffrey Chuenhong Kuo	officer: Chief Financial Officer	C/O BRILLIANT EARTH GROUP, INC., 300 GRANT AVENUE, 3RD FLOOR, SAN FRANCISCO CA 94108
Jennifer Noel Harris	director	13785 RESEARCH BLVD., SUITE 150, AUSTIN TX 78750
Ian Bickley	director	516 WEST 34TH STREET, NEW YORK NY 10001
Beth Tanara Gerstein	director, 10 percent owner, officer: Chief Executive Officer	C/O BRILLIANT EARTH GROUP, INC., 300 GRANT AVENUE, 3RD FLOOR, SAN FRANCISCO CA 94108
Eric Scott Grossberg	director, 10 percent owner, officer: Executive Chairman	C/O BRILLIANT EARTH GROUP, INC., 300 GRANT AVENUE, 3RD FLOOR, SAN FRANCISCO CA 94108
Just Rocks, Inc.	10 percent owner	300 GRANT AVENUE, THIRD FLOOR, SAN FRANCISCO CA 94108
Attica Jaques	director	MISSION ADVANCEMENT CORP., 2525 E CAMELBACK RD, STE 850, PHOENIX AZ 85016
Beth J Kaplan	director	1716 LOCUST STREET, DES MOINES IA 50309
Mainsail Partners Iii, L.p.	10 percent owner	500 WEST 5TH STREET, SUITE 1100, AUSTIN TX 78701
Mainsail Co-investors Iii, L.p.	10 percent owner	500 WEST 5TH STREET, SUITE 1100, AUSTIN TX 78701
Mainsail Incentive Program, Llc	10 percent owner	500 WEST 5TH STREET, SUITE 1100, AUSTIN TX 78701
Mainsail Management Company, Llc	10 percent owner	500 WEST 5TH STREET, SUITE 1100, AUSTIN TX 78701