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Luvu Brands (Luvu Brands) Days Payable : 37.07 (As of Dec. 2023)


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What is Luvu Brands Days Payable?

Luvu Brands's average Accounts Payable for the three months ended in Dec. 2023 was $2.02 Mil. Luvu Brands's Cost of Goods Sold for the three months ended in Dec. 2023 was $4.97 Mil. Hence, Luvu Brands's Days Payable for the three months ended in Dec. 2023 was 37.07.

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

LUVU' s Days Payable Range Over the Past 10 Years
Min: 39.72   Med: 61.25   Max: 70.95
Current: 41.2

During the past 13 years, Luvu Brands's highest Days Payable was 70.95. The lowest was 39.72. And the median was 61.25.

LUVU's Days Payable is ranked worse than
74.51% of 408 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 66.11 vs LUVU: 41.20

Luvu Brands's Days Payable declined from Dec. 2022 (41.30) to Dec. 2023 (37.07). It may suggest that Luvu Brands accelerated paying its suppliers.


Luvu Brands Days Payable Historical Data

The historical data trend for Luvu Brands'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.

Luvu Brands Days Payable Chart

Luvu Brands Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.13 70.95 55.43 47.99 39.72

Luvu Brands 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 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 Premium Member Only Premium Member Only Premium Member Only 41.30 44.04 41.18 42.17 37.07

Competitive Comparison of Luvu Brands's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Luvu Brands'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.


Luvu Brands's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Luvu Brands's Days Payable distribution charts can be found below:

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



Luvu Brands 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.

Luvu Brands'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
=( (2.68 + 2.114) / 2 ) / 22.027*365
=2.397 / 22.027*365
=39.72

Luvu Brands'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
=( (2.178 + 1.858) / 2 ) / 4.968*365 / 4
=2.018 / 4.968*365 / 4
=37.07

* 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.


Luvu Brands Days Payable Related Terms

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Luvu Brands (Luvu Brands) Business Description

Traded in Other Exchanges
N/A
Address
2745 Bankers Industrial Drive, Atlanta, GA, USA, 30360
Luvu Brands Inc designs, manufactures, and markets a portfolio of consumer lifestyle brands including Liberator, a brand category of iconic products for enhancing sensuality and intimacy; Avana, inclined bed therapy products, assistive in relieving medical conditions associated with acid reflux, surgery recovery, and chronic pain; and Jaxx, a diverse range of casual fashion daybeds, sofas, and beanbags made from virgin and re-purposed polyurethane foam. It conducts its business through three primary sales channels: Direct, Wholesale, and Others. The brands of the company involve Avana, Liberator, Jaxx, Panelist, CreAtl and Zipline.
Executives
Martin P Scott officer: Chief Financial Officer SIMPLEPONS, INC., C/O 220 CONGRESS PARK DRIVE, SUITE 304, DELRAY BEACH FL 33445
Alexander A. Sannikov officer: Chief Financial Officer 2745 BANKERS INDUSTRIAL DR, ATLANTA GA 30360
Ronald P Scott director, officer: CFO & Secretary 2745 BANKERS INDUSTRIAL DRIVE, ATLANTA GA 30360
Manuel Munoz officer: Chief Information Officer 2745 BANKERS INDUSTRIAL DRIVE, ATLANTA GA 30360
Louis S Friedman director, officer: President & CEO 2745 BANKERS INDUSTRIAL DRIVE, ATLANTA GA 30360
Sean Hougham officer: Vice President - Manufacturing 2745 BANKERS INDUSTRIAL DRIVE, ATLANTA GA 30360
Donald Cohen 10 percent owner 2745 BANKERS INDUSTRIAL DRIVE, DORAVILLE GA 30360
James Blanchard officer: Senior VP-Business Development 2745 BANKERS INDUSTRIAL DRIVE, ATLANTA GA 30360
Michael Kane officer: Executive Vice President 2745 BANKERS INDUSTRIAL DRIVE, ATLANTA GA 30360
Leslie Vogelman officer: Treasurer 2745 BANKERS INDUSTRIAL DRIVE, ATLANTA GA 30360
Rufina Bulatova officer: Vice President Online Market. 2745 BANKERS INDUSTRIAL DRIVE, ATLANTA GA 30360
Fyodor Petrenko 10 percent owner, officer: Vice President 204 SALEM CT, APT 5, PRINCETON NJ 08540
David Wirth officer: Vice President - Operations 2745 BANKERS INDUSTRIAL DRIVE, DORAVILLE GA 30360
Belmont Partners, Llc 10 percent owner 360 MAIN STREET, P.O. BOX 393, WASHINGTON VA 22747
Joseph J Meuse director, officer: President 211 FALMOUTH STREET, WARRENTON VA 20186