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Olaplex Holdings (Olaplex Holdings) Days Payable : 40.22 (As of Mar. 2024)


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What is Olaplex Holdings Days Payable?

Olaplex Holdings's average Accounts Payable for the three months ended in Mar. 2024 was $12.1 Mil. Olaplex Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was $27.6 Mil. Hence, Olaplex Holdings's Days Payable for the three months ended in Mar. 2024 was 40.22.

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

OLPX' s Days Payable Range Over the Past 10 Years
Min: 10.95   Med: 28.57   Max: 52.73
Current: 33.02

During the past 5 years, Olaplex Holdings's highest Days Payable was 52.73. The lowest was 10.95. And the median was 28.57.

OLPX's Days Payable is ranked worse than
72.41% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.525 vs OLPX: 33.02

Olaplex Holdings's Days Payable increased from Mar. 2023 (26.50) to Mar. 2024 (40.22). It may suggest that Olaplex Holdings delayed paying its suppliers.


Olaplex Holdings Days Payable Historical Data

The historical data trend for Olaplex 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.

Olaplex Holdings Days Payable Chart

Olaplex Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
10.95 31.55 52.73 28.57 21.98

Olaplex Holdings Quarterly Data
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 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 26.50 33.16 30.81 26.67 40.22

Competitive Comparison of Olaplex Holdings's Days Payable

For the Specialty Retail subindustry, Olaplex 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.


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

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

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



Olaplex 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.

Olaplex 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
=( (9.748 + 7.073) / 2 ) / 139.668*365
=8.4105 / 139.668*365
=21.98

Olaplex Holdings'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
=( (7.073 + 17.222) / 2 ) / 27.563*365 / 4
=12.1475 / 27.563*365 / 4
=40.22

* 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.


Olaplex Holdings Days Payable Related Terms

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Olaplex Holdings (Olaplex Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1187 Coast Village Road, Suite 1-520, Santa Barbara, CA, USA, 93108
Olaplex Holdings Inc is a science-enabled, technology-driven beauty company. It offers science-backed solutions that improve hair health. It identifies consumers' most relevant haircare concerns in collaboration with the community of professional hairstylists and consumers and strives to address them through its proprietary technology and innovation capabilities. It offers products through a global omnichannel platform serving the professional, specialty retail, and DTC channels. The company derives its revenue through the sale of its specialty hair care products.
Executives
John P Bilbrey director
Advent International Gp, Llc director, 10 percent owner 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
David M Mussafer director C/O ADVENT INTERNATIONAL CORP, 75 STATE ST 29TH FLOOR, BOSTON MA 02104
Tricia Glynn director C/O ADVENT INERNATIONAL CORPORATION, PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199
Michael James White director C/O ADVENT INTERNATIONAL, PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199
Eric Tiziani officer: Chief Financial Officer 1187 COAST VILLAGE ROAD, SUITE 1-520, SANTA BARBARA CA 93108
Kristi A Belhumeur officer: See Remarks 6312 S FIDDLERS GREEN CIRCLE, SUITE 200N, GREENWOOD VILLAGE CO 80111
Morfitt Martha A M director P.O. BOX 1441, MINNEAPOLIS MN 55440-1441
Advent International Corp/ma director, 10 percent owner 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Advent Partners Gpe Ix-b Cayman Limited Partnership director, 10 percent owner C/O ADVENT INTERNATIONAL CORPORATION, PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199-8069
Emily White director C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVENUE, VANCOUVER A1 V6J 1C7
Christine Dagousset director 9 W 57TH STREET, C/O CHANEL, NEW YORK NY 10019
Tiffany Walden director, officer: See Remarks 1187 COAST VILLAGE ROAD, SUITE 1-520, SANTA BARBARA CA 93108
Paula Zusi director 481 MYRTLE AVENUE, OCEANPORT NJ 07757
Janet Gurwitch director 1284 NORTH TELEGRPAH, MONROE MI 48162

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