Adairs (FRA:1FQ) Days Payable : 51.44 (As of Dec. 2023)

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What is Adairs Days Payable?

Adairs's average Accounts Payable for the six months ended in Dec. 2023 was €27.5 Mil. Adairs's Cost of Goods Sold for the six months ended in Dec. 2023 was €97.5 Mil. Hence, Adairs's Days Payable for the six months ended in Dec. 2023 was 51.44.

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

FRA:1FQ' s Days Payable Range Over the Past 10 Years
Min: 36.13 Med: 40.95 Max: 61.86
Current: 55.49

During the past 9 years, Adairs's highest Days Payable was 61.86. The lowest was 36.13. And the median was 40.95.

FRA:1FQ's Days Payable is ranked worse than
50.42% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 56.64 vs FRA:1FQ: 55.49

Adairs's Days Payable declined from Dec. 2022 (60.70) to Dec. 2023 (51.44). It may suggest that Adairs accelerated paying its suppliers.

Adairs Days Payable Historical Data

The historical data trend for Adairs'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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Adairs Days Payable Chart

Adairs Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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44.02

41.01

35.56

38.08

38.10

Adairs Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial													64.36	49.69	60.70	51.35	51.44

Competitive Comparison of Adairs's Days Payable

For the Specialty Retail subindustry, Adairs'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.

Adairs's Days Payable Distribution in the Retail - Cyclical Industry

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

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

Adairs 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.

Adairs'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
=	( (22.094	+	21.341)	/	2 )	/	208.042	*	365
=	21.7175					/	208.042	*	365
=	38.10

Adairs'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
=	( (21.341	+	33.626)	/	2 )	/	97.502	*	365 / 2
=	27.4835					/	97.502	*	365 / 2
=	51.44

Adairs Days Payable Related Terms

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Adairs (FRA:1FQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Adairs Ltd (FRA:1FQ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ADH:Australia

Address

2 International Court, Scoresby, Melbourne, VIC, AUS, 3179

Website

https://www.adairs.com.au

Adairs Ltd is engaged in the retailing of homewares and home furnishings in Australia and New Zealand. The company's product range includes categories, such as quilt covers and coverlets, sheets, cotton flannelette, pillowcases, quilts, pillows, mattress protectors, pillow protectors, blankets, nursery products, valances, bed wraps, bedspreads, and slippers, kids beach products and towels, cushions, throws, gifts and toys, wall arts, rugs, laundry, and home care products, chairs, bedheads, storage and shelves, ottomans and bench seats, and tables, as well as pots and plants, baskets, throws, home decor, and fragrance products, mirrors, lighting products, and tableware and pets products. Its operating segments are Adairs, Focus and Mocka.

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