Veste Estilo (BSP:VSTE) Days Payable : 114.04 (As of Dec. 2023)

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What is Veste Estilo Days Payable?

Veste Estilo's average Accounts Payable for the three months ended in Dec. 2023 was R$115 Mil. Veste Estilo's Cost of Goods Sold for the three months ended in Dec. 2023 was R$92 Mil. Hence, Veste Estilo's Days Payable for the three months ended in Dec. 2023 was 114.04.

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

BSP:VSTE' s Days Payable Range Over the Past 10 Years
Min: 101.56 Med: 154.65 Max: 260.77
Current: 119.62

During the past 13 years, Veste Estilo's highest Days Payable was 260.77. The lowest was 101.56. And the median was 154.65.

BSP:VSTE's Days Payable is ranked better than
81.48% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.77 vs BSP:VSTE: 119.62

Veste Estilo's Days Payable declined from Dec. 2022 (118.48) to Dec. 2023 (114.04). It may suggest that Veste Estilo accelerated paying its suppliers.

Veste Estilo Days Payable Historical Data

The historical data trend for Veste Estilo'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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Veste Estilo Days Payable Chart

Veste Estilo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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197.69

260.77

101.56

110.92

108.42

Veste Estilo 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															118.48	131.00	129.47	115.40	114.04

Competitive Comparison of Veste Estilo's Days Payable

For the Apparel Retail subindustry, Veste Estilo'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.

Veste Estilo's Days Payable Distribution in the Retail - Cyclical Industry

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

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

Veste Estilo 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.

Veste Estilo'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
=	( (129.559	+	96.774)	/	2 )	/	380.985	*	365
=	113.1665					/	380.985	*	365
=	108.42

Veste Estilo'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
=	( (133.602	+	96.774)	/	2 )	/	92.166	*	365 / 4
=	115.188					/	92.166	*	365 / 4
=	114.04

Veste Estilo Days Payable Related Terms

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Veste Estilo (BSP:VSTE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Veste SA Estilo (BSP:VSTE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Othão, 405, Sao Paulo, SP, BRA, 05313-020

Website

https://www.veste.com

Veste SA Estilo is engaged in apparel industry retailers and high-end accessories in Brazil. The Company's main objectives are: development, exploration of the industry, trade, import and export of clothing and clothing accessories and trading in decorative, hygiene and cosmetic objects, among others. It produces clothes, accessories, footwear, and articles for the home, always in line with contemporary lifestyle, bringing joy, elegance, and well-being to customers under its brands Le Lis, Dudalina, john john, Stew, and Individual. The company focuses on designing, developing, manufacturing, and trading apparel and accessories for women and men.

Veste Estilo (BSP:VSTE) Headlines

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