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Watches of Switzerland Group (LSE:WOSG) Days Payable : 52.30 (As of Oct. 2023)


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What is Watches of Switzerland Group Days Payable?

Watches of Switzerland Group's average Accounts Payable for the six months ended in Oct. 2023 was £189 Mil. Watches of Switzerland Group's Cost of Goods Sold for the six months ended in Oct. 2023 was £660 Mil. Hence, Watches of Switzerland Group's Days Payable for the six months ended in Oct. 2023 was 52.30.

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

LSE:WOSG' s Days Payable Range Over the Past 10 Years
Min: 32   Med: 41.51   Max: 162.2
Current: 56.71

During the past 8 years, Watches of Switzerland Group's highest Days Payable was 162.20. The lowest was 32.00. And the median was 41.51.

LSE:WOSG's Days Payable is ranked worse than
50.09% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.77 vs LSE:WOSG: 56.71

Watches of Switzerland Group's Days Payable increased from Oct. 2022 (49.73) to Oct. 2023 (52.30). It may suggest that Watches of Switzerland Group delayed paying its suppliers.


Watches of Switzerland Group Days Payable Historical Data

The historical data trend for Watches of Switzerland 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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Watches of Switzerland Group Days Payable Chart

Watches of Switzerland Group Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Days Payable
Get a 7-Day Free Trial 44.09 38.92 35.21 32.00 33.22

Watches of Switzerland Group Semi-Annual Data
Apr16 Apr17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 48.37 48.87 49.73 50.41 52.30

Competitive Comparison of Watches of Switzerland Group's Days Payable

For the Luxury Goods subindustry, Watches of Switzerland 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.


Watches of Switzerland Group's Days Payable Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Watches of Switzerland Group's Days Payable falls into.



Watches of Switzerland 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.

Watches of Switzerland Group's Days Payable for the fiscal year that ended in Apr. 2023 is calculated as

Days Payable (A: Apr. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Apr. 2022 ) + Accounts Payable (A: Apr. 2023 )) / count ) / Cost of Goods Sold (A: Apr. 2023 )*Days in Period
=( (112.4 + 128.6) / 2 ) / 1324.1*365
=120.5 / 1324.1*365
=33.22

Watches of Switzerland Group's Days Payable for the quarter that ended in Oct. 2023 is calculated as:

Days Payable (Q: Oct. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Apr. 2023 ) + Accounts Payable (Q: Oct. 2023 )) / count ) / Cost of Goods Sold (Q: Oct. 2023 )*Days in Period
=( (128.6 + 249.6) / 2 ) / 659.9*365 / 2
=189.1 / 659.9*365 / 2
=52.30

* 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.


Watches of Switzerland Group Days Payable Related Terms

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Watches of Switzerland Group (LSE:WOSG) Business Description

Traded in Other Exchanges
Address
2 Elland Road, Aurum House, Braunstone, Leicester, GBR, LE3 1TT
Watches of Switzerland Group PLC is a retailer of luxury watches in the United Kingdom. Other than luxury watch offerings, the company also offers luxury jewellery, fashion, and classic watches and a range of watch and jewellery aftercare services. The company's geographical segments are the United Kingdom and the United States, of which the majority of the revenue comes from the United Kingdom.

Watches of Switzerland Group (LSE:WOSG) Headlines

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