Digital Brands Group (Digital Brands Group) Days Payable : 316.69 (As of Dec. 2023)

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What is Digital Brands Group Days Payable?

Digital Brands Group's average Accounts Payable for the three months ended in Dec. 2023 was $7.91 Mil. Digital Brands Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $2.28 Mil. Hence, Digital Brands Group's Days Payable for the three months ended in Dec. 2023 was 316.69.

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

DBGI' s Days Payable Range Over the Past 10 Years
Min: 283.08 Med: 339.08 Max: 390.47
Current: 334.75

During the past 5 years, Digital Brands Group's highest Days Payable was 390.47. The lowest was 283.08. And the median was 339.08.

DBGI's Days Payable is ranked better than
94.81% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.77 vs DBGI: 334.75

Digital Brands Group's Days Payable increased from Dec. 2022 (245.73) to Dec. 2023 (316.69). It may suggest that Digital Brands Group delayed paying its suppliers.

Digital Brands Group Days Payable Historical Data

The historical data trend for Digital Brands 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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Digital Brands Group Days Payable Chart

Digital Brands Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

358.71

283.08

390.47

331.30

339.08

Digital Brands Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial												245.73	269.47	334.52	482.00	316.69

Competitive Comparison of Digital Brands Group's Days Payable

For the Apparel Retail subindustry, Digital Brands 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.

Digital Brands Group's Days Payable Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Digital Brands Group's Days Payable falls into.

Digital Brands 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.

Digital Brands 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
=	( (8.016	+	7.539)	/	2 )	/	8.372	*	365
=	7.7775					/	8.372	*	365
=	339.08

Digital Brands 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
=	( (8.273	+	7.539)	/	2 )	/	2.278	*	365 / 4
=	7.906					/	2.278	*	365 / 4
=	316.69

Digital Brands Group Days Payable Related Terms

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Digital Brands Group (Digital Brands Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Digital Brands Group Inc (NAS:DBGI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1400 Lavaca Street, Austin, TX, USA, 78701

Website

https://www.digitalbrandsgroup.co

Digital Brands Group Inc offers a variety of apparel through numerous brands on a both direct-to-consumer and wholesale basis. The company has expanded into an omnichannel brand offering the styles and content not only online but at selected wholesale and retail storefronts. Its brand portfolio consists of Bailey 44, DSTLD, Harper & Jones, Stateside, and Sundry.

Executives

Drew Jones	10 percent owner	2736 ROUTH STREET, DALLAS TX 75202
Huong Doan	director	1400 LAVACA STREET, AUSTIN TX 78701
Trevor Pettennude	director	1400 LAVACA STREET, AUSTIN TX 78701
Moise Emquies	director	1400 LAVACA STREET, AUSTIN TX 78701
Laura Dowling	officer: Chief Marketing Officer	1400 LAVACA STREET, AUSTIN TX 78701
Jameeka Aaron	director	1400 LAVACA STREET, AUSTIN TX 78701
Reid William Yeoman	officer: Chief Financial Officer	1400 LAVACA STREET, AUSTIN TX 78701
Mark Thomas Lynn	director	1400 LAVACA STREET, AUSTIN TX 78791
Davis John Hilburn Iv	officer: Pres., CEO	1400 LAVACA STREET, AUSTIN TX 78701