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361 Degrees International (FRA:36L) Days Payable : 105.03 (As of Dec. 2023)


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What is 361 Degrees International Days Payable?

361 Degrees International's average Accounts Payable for the six months ended in Dec. 2023 was €181 Mil. 361 Degrees International's Cost of Goods Sold for the six months ended in Dec. 2023 was €314 Mil. Hence, 361 Degrees International's Days Payable for the six months ended in Dec. 2023 was 105.03.

The historical rank and industry rank for 361 Degrees International's Days Payable or its related term are showing as below:

FRA:36L' s Days Payable Range Over the Past 10 Years
Min: 106.56   Med: 165.38   Max: 198.92
Current: 106.56

During the past 13 years, 361 Degrees International's highest Days Payable was 198.92. The lowest was 106.56. And the median was 165.38.

FRA:36L's Days Payable is ranked better than
79.24% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs FRA:36L: 106.56

361 Degrees International's Days Payable declined from Dec. 2022 (133.91) to Dec. 2023 (105.03). It may suggest that 361 Degrees International accelerated paying its suppliers.


361 Degrees International Days Payable Historical Data

The historical data trend for 361 Degrees International'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.

361 Degrees International Days Payable Chart

361 Degrees International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 178.09 152.59 116.43 122.77 113.44

361 Degrees International Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 123.48 111.15 133.91 104.86 105.03

Competitive Comparison of 361 Degrees International's Days Payable

For the Footwear & Accessories subindustry, 361 Degrees International'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.


361 Degrees International's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, 361 Degrees International's Days Payable distribution charts can be found below:

* The bar in red indicates where 361 Degrees International's Days Payable falls into.



361 Degrees International 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.

361 Degrees International'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
=( (203.468 + 192.556) / 2 ) / 637.143*365
=198.012 / 637.143*365
=113.44

361 Degrees International'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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (169.043 + 192.556) / 2 ) / 314.143*365 / 2
=180.7995 / 314.143*365 / 2
=105.03

* 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.


361 Degrees International Days Payable Related Terms

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361 Degrees International (FRA:36L) Business Description

Traded in Other Exchanges
Address
361 Building, Huli High-technology Park, Huli District, Xiamen, Fujian Province, CHN, 361009
361 Degrees International Ltd is a Chinese manufacturer of sporting goods. The company produces sporting goods. Its segments include adults and kids. 361 Degrees International reports revenue across four product lines: footwear, apparel, accessories, and others. Footwear and apparel are the important product lines, each contributing close to half the company's revenue, and the majority of sales are made across the adult segment. Adults-this segment derives revenue from manufacturing and trading of adult sporting goods. Kids- this segment derives revenue from the trading of kid's sporting goods. The company derives the majority of its revenue domestically.

361 Degrees International (FRA:36L) Headlines

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