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GoPro (GPRO) Days Payable : 51.96 (As of Dec. 2023)


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What is GoPro Days Payable?

GoPro's average Accounts Payable for the three months ended in Dec. 2023 was $111 Mil. GoPro's Cost of Goods Sold for the three months ended in Dec. 2023 was $194 Mil. Hence, GoPro's Days Payable for the three months ended in Dec. 2023 was 51.96.

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

GPRO' s Days Payable Range Over the Past 10 Years
Min: 41.68   Med: 71.06   Max: 86
Current: 52.25

During the past 13 years, GoPro's highest Days Payable was 86.00. The lowest was 41.68. And the median was 71.06.

GPRO's Days Payable is ranked worse than
65.43% of 2421 companies
in the Hardware industry
Industry Median: 67.83 vs GPRO: 52.25

GoPro's Days Payable increased from Dec. 2022 (48.51) to Dec. 2023 (51.96). It may suggest that GoPro delayed paying its suppliers.


GoPro Days Payable Historical Data

The historical data trend for GoPro'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.

GoPro Days Payable Chart

GoPro 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 72.17 86.00 75.50 69.95 51.99

GoPro 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 48.51 64.09 48.35 48.75 51.96

Competitive Comparison of GoPro's Days Payable

For the Consumer Electronics subindustry, GoPro'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.


GoPro's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, GoPro's Days Payable distribution charts can be found below:

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



GoPro 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.

GoPro'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
=( (91.648 + 102.612) / 2 ) / 681.886*365
=97.13 / 681.886*365
=51.99

GoPro'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
=( (118.713 + 102.612) / 2 ) / 194.325*365 / 4
=110.6625 / 194.325*365 / 4
=51.96

* 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.


GoPro Days Payable Related Terms

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


GoPro (GPRO) Business Description

Address
3025 Clearview Way, San Mateo, CA, USA, 94402
GoPro Inc is a United States-based company that is principally engaged in designing and providing cameras, mounts, drones and appliances. The company outsources a part of manufacturing to third parties in China. The company sells products across the world through its direct sales channel, which generates over half of total revenue, and indirectly through its distribution channel. The company has presence, including in the Americas, Europe, Middle East, Africa, and Asia-Pacific, with the Americas contributing over half of total revenue.
Executives
Eve T. Saltman officer: VP, Corp/Bus Dev, GC, Sec 3000 CLEARVIEW WAY, SAN MATEO CA 94402
Brian Mcgee officer: Vice President of Finance 3000 CLEARVIEW WAY, SAN MATEO CA 94402
Charles Lafrades officer: Chief Accounting Officer C/O GOPRO, INC., 455 ECCLES AVENUE, SOUTH SAN FRANCISCO CA 94080
Dean Jahnke officer: Vice President, Global Sales 3000 CLEARVIEW WAY, SAN MATEO CA 94402
Lauren Zalaznick director 425 LEXINGTON AVENUE, (ATTN: ANDREA ANDREZO), NEW YORK NY 10017
Kevin Hinge officer: SVP, Chief Supply Chain Off. 3030 BINNACLE DR. #306, NAPLES FL 34103
Tyrone Ahmad-taylor director 3000 CLEARVIEW WAY, SAN MATEO CA 94402
Frederic Welts director GOLDEN STATE WARRIORS, 1011 BROADWAY, OAKLAND CA 94607
S Aimee Lapic officer: SVP, Chief Digital Officer 2101 WEBSTER ST #1650, OAKLAND CA 94612
Nicholas Woodman director, 10 percent owner, officer: CEO, Chairman of the Board 3025 CLEARVIEW WAY, SAN MATEO CA 94402
Susan M Lyne director 11 WEST 42ND STREET, NEW YORK NY 10036
Shaz Kahng director 24 EAST AVENUE #139, NEW CANAAN CT 06840
Peter C Gotcher director
Kenneth A Goldman director C/O YAHOO! INC., 701 FIRST AVENUE, SUNNYVALE CA 94089
James Lanzone director 3000 CLEARVIEW WAY, SAN MATEO CA 94402