Step One Clothing (ASX:STP) Days Payable : 69.17 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Step One Clothing Days Payable?

Step One Clothing's average Accounts Payable for the six months ended in Dec. 2023 was A$3.21 Mil. Step One Clothing's Cost of Goods Sold for the six months ended in Dec. 2023 was A$8.48 Mil. Hence, Step One Clothing's Days Payable for the six months ended in Dec. 2023 was 69.17.

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

ASX:STP' s Days Payable Range Over the Past 10 Years
Min: 117.87 Med: 184.74 Max: 219.07
Current: 117.87

During the past 3 years, Step One Clothing's highest Days Payable was 219.07. The lowest was 117.87. And the median was 184.74.

ASX:STP's Days Payable is ranked better than
80.67% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 56.41 vs ASX:STP: 117.87

Step One Clothing's Days Payable declined from Dec. 2022 (212.31) to Dec. 2023 (69.17). It may suggest that Step One Clothing accelerated paying its suppliers.

Step One Clothing Days Payable Historical Data

The historical data trend for Step One Clothing'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.

Step One Clothing Days Payable Chart

Step One Clothing Annual Data

Trend

Jun21

Jun22

Jun23

Days Payable

219.07

150.41

Step One Clothing Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	240.60	239.76	212.31	141.80	69.17

Competitive Comparison of Step One Clothing's Days Payable

For the Apparel Retail subindustry, Step One Clothing'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.

Step One Clothing's Days Payable Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Step One Clothing's Days Payable falls into.

Step One Clothing 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.

Step One Clothing'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
=	( (8.846	+	1.522)	/	2 )	/	12.58	*	365
=	5.184					/	12.58	*	365
=	150.41

Step One Clothing'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
=	( (1.522	+	4.906)	/	2 )	/	8.48	*	365 / 2
=	3.214					/	8.48	*	365 / 2
=	69.17

Step One Clothing Days Payable Related Terms

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

Step One Clothing (ASX:STP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Step One Clothing Ltd (ASX:STP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

J6H:Germany

Address

120 Chalmers Street, Surry Hills, Level 2, Sydney, NSW, AUS, 2010

Website

https://www.stepone.life

Step One Clothing Ltd is a direct-to-consumer online retailer for men's undergarments. Its products comprise Boxer Brief, Trunks, and Boxer Breif+Fly. The Group is organized into one operating segment: online retail sales.

Step One Clothing (ASX:STP) Headlines

No Headlines