Rizzo Group AB (OSTO:RIZZO B) Days Payable : 158.81 (As of Nov. 2023)

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What is Rizzo Group AB Days Payable?

Rizzo Group AB's average Accounts Payable for the three months ended in Nov. 2023 was kr45.6 Mil. Rizzo Group AB's Cost of Goods Sold for the three months ended in Nov. 2023 was kr26.2 Mil. Hence, Rizzo Group AB's Days Payable for the three months ended in Nov. 2023 was 158.81.

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

OSTO:RIZZO B' s Days Payable Range Over the Past 10 Years
Min: 84.58 Med: 103.99 Max: 200.11
Current: 99

During the past 13 years, Rizzo Group AB's highest Days Payable was 200.11. The lowest was 84.58. And the median was 103.99.

OSTO:RIZZO B's Days Payable is ranked better than
75.09% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.675 vs OSTO:RIZZO B: 99.00

Rizzo Group AB's Days Payable declined from Nov. 2022 (171.72) to Nov. 2023 (158.81). It may suggest that Rizzo Group AB accelerated paying its suppliers.

Rizzo Group AB Days Payable Historical Data

The historical data trend for Rizzo Group AB'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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Rizzo Group AB Days Payable Chart

Rizzo Group AB Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Payable

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84.58

124.97

200.11

111.16

106.08

Rizzo Group AB Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Days Payable	Get a 7-Day Free Trial															171.72	-	-	82.18	158.81

Competitive Comparison of Rizzo Group AB's Days Payable

For the Apparel Retail subindustry, Rizzo Group AB'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.

Rizzo Group AB's Days Payable Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Rizzo Group AB's Days Payable falls into.

Rizzo Group AB 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.

Rizzo Group AB's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

	Days Payable (A: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2022 )	+	Accounts Payable (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (31.616	+	45.598)	/	2 )	/	132.833	*	365
=	38.607					/	132.833	*	365
=	106.08

Rizzo Group AB's Days Payable for the quarter that ended in Nov. 2023 is calculated as:

	Days Payable (Q: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2023 )	+	Accounts Payable (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (45.598	+	0)	/	1 )	/	26.2	*	365 / 4
=	45.598					/	26.2	*	365 / 4
=	158.81

Rizzo Group AB Days Payable Related Terms

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Rizzo Group AB (OSTO:RIZZO B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Rizzo Group AB (OSTO:RIZZO B) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

8Q2:Germany

Address

Linnegatan 89 C, Stockholm, SWE, 104 50

Website

http://www.rizzogroup.se

Rizzo Group AB retails accessories, travel accessories and footwear products. The company operates through two business areas namely the Rizzo and, Accent and Morris chains. In the accessories business area, the Accent and Morris chains offer a selection of accessories and travel goods. The Rizzo business area, is involved in the manufacture of footwear and accessories.

Rizzo Group AB (OSTO:RIZZO B) Headlines

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