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National Vision Holdings (National Vision Holdings) Days Payable : 24.09 (As of Dec. 2023)


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What is National Vision Holdings Days Payable?

National Vision Holdings's average Accounts Payable for the three months ended in Dec. 2023 was $65 Mil. National Vision Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $247 Mil. Hence, National Vision Holdings's Days Payable for the three months ended in Dec. 2023 was 24.09.

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

EYE' s Days Payable Range Over the Past 10 Years
Min: 19.1   Med: 24.51   Max: 26.06
Current: 24.39

During the past 9 years, National Vision Holdings's highest Days Payable was 26.06. The lowest was 19.10. And the median was 24.51.

EYE's Days Payable is ranked worse than
81.84% of 1079 companies
in the Retail - Cyclical industry
Industry Median: 56.41 vs EYE: 24.39

National Vision Holdings's Days Payable declined from Dec. 2022 (27.57) to Dec. 2023 (24.09). It may suggest that National Vision Holdings accelerated paying its suppliers.


National Vision Holdings Days Payable Historical Data

The historical data trend for National Vision Holdings'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.

National Vision Holdings Days Payable Chart

National Vision Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only 19.10 24.51 26.06 25.55 24.22

National Vision Holdings Quarterly Data
Mar19 Jun19 Sep19 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 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 27.57 25.12 25.54 22.99 24.09

Competitive Comparison of National Vision Holdings's Days Payable

For the Specialty Retail subindustry, National Vision Holdings'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.


National Vision Holdings's Days Payable Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where National Vision Holdings's Days Payable falls into.



National Vision Holdings 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.

National Vision Holdings'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
=( (65.276 + 67.556) / 2 ) / 1000.91*365
=66.416 / 1000.91*365
=24.22

National Vision Holdings'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
=( (62.882 + 67.556) / 2 ) / 246.993*365 / 4
=65.219 / 246.993*365 / 4
=24.09

* 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.


National Vision Holdings Days Payable Related Terms

Thank you for viewing the detailed overview of National Vision Holdings's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


National Vision Holdings (National Vision Holdings) Business Description

Traded in Other Exchanges
Address
2435 Commerce Avenue, Building 2200, Duluth, GA, USA, 30096
National Vision Holdings Inc is an optical retailer in the U.S. Its product portfolio includes eyeglasses and sunglasses, contact lenses, accessories, and other products. The company has two operating segments; Owned and Host segment includes company-owned brands America's Best and Eyeglass World, In America's Best stores, vision care services are provided by optometrists or by independent professional corporations and Host operating consist of Military and Fred Meyer which provide eye exams by independent optometrists, and the Legacy segment manages the operations of, and supplies inventory and lab processing services to Legacy retail Vision Centers. It earns a majority of its revenue from the Owned and Host segment.
Executives
D Randolph Peeler director, 10 percent owner CASELLA WASTE SYSTEMS INC, 25 GREENS HILL LANE PO BOX 866, RUTLAND VT 05701
Thomas V Taylor director 2233 LAKE PARK DRIVE, STE. 400, SMYRNA GA 30080
Ravi Acharya officer: SVP, Chief Technology Officer C/O NATIONAL VISION HOLDINGS, INC., 2435 COMMERCE AVE., BUILDING 2200, DULUTH GA 30096
Virginia A Hepner director 415 EAST PACES FERRY ROAD, SUITE 200, ATLANTA GA 30305
L Reade Fahs director, officer: Chief Executive Officer
Patrick R. Moore officer: SVP, Chief Financial Officer C/O NATIONAL VISION HOLDINGS, INC., 2435 COMMERCE AVENUE, BLDG. 2200, DULUTH GA 30096
Jared Brandman officer: SVP, GC and Secretary C/O NATIONAL VISION HOLDINGS, INC., 2435 COMMERCE AVENUE BLDG. 2200, DULUTH GA 30096-4980
David M Tehle director 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Joseph Vandette officer: SVP, Chief Marketing Officer C/O NATIONAL VISION HOLDINGS, INC., 2435 COMMERCE AVE., BUILDING 2200, DULUTH GA 30096
Melissa Rasmussen officer: SVP, Chief Accounting Officer NATIONAL VISION HOLDINGS, INC., 2435 COMMERCE AVENUE BLDG 2200, DULUTH GA 30095
Roger F. Francis officer: SVP, Chief Stores Officer C/O NATIONAL VISION HOLDINGS, INC., 2435 COMMERCE AVE., BUILDING 2200, DULUTH GA 30096
Jose Armario director MCDONALD'S CORPORATION, 2915 JORIE BOULEVARD, OAK BROOK IL 60523
Susan S Johnson director 303 PEACHTREE STREET, NE, ATLANTA GA 30308
Naomi Kelman director C/O NATIONAL VISION HOLDINGS, INC., 2435 COMMERCE AVE., BUILDING 2200, DULUTH GA 30096
Joan Blackwood officer: SVP, Chief Marketing Officer C/O NATIONAL VISION HOLDINGS, INC., 2435 COMMERCE AVE., BUILDING 2200, DULUTH GA 30096