Grimoldi (BUE:GRIM) Days Payable : 73.92 (As of Dec. 2023)

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

What is Grimoldi Days Payable?

Grimoldi's average Accounts Payable for the three months ended in Dec. 2023 was ARS19,756 Mil. Grimoldi's Cost of Goods Sold for the three months ended in Dec. 2023 was ARS24,387 Mil. Hence, Grimoldi's Days Payable for the three months ended in Dec. 2023 was 73.92.

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

BUE:GRIM' s Days Payable Range Over the Past 10 Years
Min: 45.81 Med: 78.8 Max: 154.26
Current: 101.63

During the past 13 years, Grimoldi's highest Days Payable was 154.26. The lowest was 45.81. And the median was 78.80.

BUE:GRIM's Days Payable is ranked better than
77.46% of 1025 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs BUE:GRIM: 101.63

Grimoldi's Days Payable increased from Dec. 2022 (19.09) to Dec. 2023 (73.92). It may suggest that Grimoldi delayed paying its suppliers.

Grimoldi Days Payable Historical Data

The historical data trend for Grimoldi'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.

Grimoldi Days Payable Chart

Grimoldi Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

101.25

130.67

68.80

45.81

154.26

Grimoldi 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															19.09	118.70	83.87	95.34	73.92

Competitive Comparison of Grimoldi's Days Payable

For the Footwear & Accessories subindustry, Grimoldi'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.

Grimoldi's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Grimoldi's Days Payable distribution charts can be found below:

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

Grimoldi 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.

Grimoldi'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
=	( (7979.524	+	31330.093)	/	2 )	/	46505.686	*	365
=	19654.8085					/	46505.686	*	365
=	154.26

Grimoldi'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
=	( (8181.258	+	31330.093)	/	2 )	/	24387.01	*	365 / 4
=	19755.6755					/	24387.01	*	365 / 4
=	73.92

Grimoldi Days Payable Related Terms

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

Grimoldi (BUE:GRIM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Grimoldi SA (BUE:GRIM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Florida 251, Buenos Aires, ARG

Website

http://www.grimoldi.com.ar

Grimoldi SA operates in the footwear industry. The company is engaged in the manufacturing and selling of women, men and children footwear, wallets, and related products. Its brands include Hush Puppies, Cat Kickers, Timberland, and Merrell, among others. The company also operates a network of retail stores and outlets.

Grimoldi (BUE:GRIM) Headlines

No Headlines