MYT Netherlands Parent BV (MYT Netherlands Parent BV) Days Payable : 52.95 (As of Mar. 2024)

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What is MYT Netherlands Parent BV Days Payable?

MYT Netherlands Parent BV's average Accounts Payable for the three months ended in Mar. 2024 was $83.4 Mil. MYT Netherlands Parent BV's Cost of Goods Sold for the three months ended in Mar. 2024 was $143.8 Mil. Hence, MYT Netherlands Parent BV's Days Payable for the three months ended in Mar. 2024 was 52.95.

The historical rank and industry rank for MYT Netherlands Parent BV's Days Payable or its related term are showing as below:

MYTE' s Days Payable Range Over the Past 10 Years
Min: 43.43 Med: 53.06 Max: 60.12
Current: 55.11

During the past 7 years, MYT Netherlands Parent BV's highest Days Payable was 60.12. The lowest was 43.43. And the median was 53.06.

MYTE's Days Payable is ranked worse than
50.92% of 1082 companies
in the Retail - Cyclical industry
Industry Median: 56.64 vs MYTE: 55.11

MYT Netherlands Parent BV's Days Payable increased from Mar. 2023 (33.49) to Mar. 2024 (52.95). It may suggest that MYT Netherlands Parent BV delayed paying its suppliers.

MYT Netherlands Parent BV Days Payable Historical Data

The historical data trend for MYT Netherlands Parent BV'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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MYT Netherlands Parent BV Days Payable Chart

MYT Netherlands Parent BV Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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55.95

50.03

43.43

51.68

54.44

MYT Netherlands Parent BV Quarterly Data
	Jun18	Jun19	Sep19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															33.49	47.08	61.68	81.14	52.95

Competitive Comparison of MYT Netherlands Parent BV's Days Payable

For the Luxury Goods subindustry, MYT Netherlands Parent BV'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.

MYT Netherlands Parent BV's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, MYT Netherlands Parent BV's Days Payable distribution charts can be found below:

* The bar in red indicates where MYT Netherlands Parent BV's Days Payable falls into.

MYT Netherlands Parent BV 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.

MYT Netherlands Parent BV's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (47.734	+	77.015)	/	2 )	/	418.231	*	365
=	62.3745					/	418.231	*	365
=	54.44

MYT Netherlands Parent BV's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (112.625	+	54.255)	/	2 )	/	143.795	*	365 / 4
=	83.44					/	143.795	*	365 / 4
=	52.95

MYT Netherlands Parent BV Days Payable Related Terms

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MYT Netherlands Parent BV (MYT Netherlands Parent BV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » MYT Netherlands Parent BV (NYSE:MYTE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Einsteinring 9, Munich, BY, DEU, 85609

Website

https://www.mytheresa.com

MYT Netherlands Parent BV is a luxury e-commerce platform. The company offers luxury fashion wear for men, women, and kids. Also, the company sells shoes, bags, and accessories.