Poshmark (Poshmark) Days Payable : 72.35 (As of Sep. 2022)

View and export this data going back to 2021. Start your Free Trial

What is Poshmark Days Payable?

Poshmark's average Accounts Payable for the three months ended in Sep. 2022 was $11.8 Mil. Poshmark's Cost of Goods Sold for the three months ended in Sep. 2022 was $14.9 Mil. Hence, Poshmark's Days Payable for the three months ended in Sep. 2022 was 72.35.

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

POSH' s Days Payable Range Over the Past 10 Years
Min: 48.96 Med: 91.94 Max: 179.28
Current: 60.69

During the past 4 years, Poshmark's highest Days Payable was 179.28. The lowest was 48.96. And the median was 91.94.

POSH's Days Payable is not ranked
in the Retail - Cyclical industry.
Industry Median: 56.77 vs POSH: 60.69

Poshmark's Days Payable declined from Sep. 2021 (97.22) to Sep. 2022 (72.35). It may suggest that Poshmark accelerated paying its suppliers.

Poshmark Days Payable Historical Data

The historical data trend for Poshmark'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.

Poshmark Days Payable Chart

Poshmark Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Days Payable

179.28

100.44

83.44

48.96

Poshmark Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Days Payable	Get a 7-Day Free Trial									97.22	39.64	44.80	74.07	72.35

Competitive Comparison of Poshmark's Days Payable

For the Internet Retail subindustry, Poshmark'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.

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

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

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

Poshmark 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.

Poshmark's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

	Days Payable (A: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2020 )	+	Accounts Payable (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (12.317	+	1.595)	/	2 )	/	51.858	*	365
=	6.956					/	51.858	*	365
=	48.96

Poshmark's Days Payable for the quarter that ended in Sep. 2022 is calculated as:

	Days Payable (Q: Sep. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2022 )	+	Accounts Payable (Q: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
=	( (11.137	+	12.516)	/	2 )	/	14.915	*	365 / 4
=	11.8265					/	14.915	*	365 / 4
=	72.35

Poshmark Days Payable Related Terms

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

Poshmark (Poshmark) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Poshmark Inc (NAS:POSH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

203 Redwood Shores Parkway, 8th Floor, Redwood City, CA, USA, 94065

Website

https://www.poshmark.com

Poshmark is one of the largest players in a quickly growing e-commerce resale space, connecting more than 30 million active users on a platform that sells men's and women's apparel, accessories, shoes, and more recently consumer electronics and pet products. The marketplace operates in four countries--the U.S., Canada, Australia, and India--with a capital-light, peer-to-peer model that dovetails nicely with prevailing trends toward social commerce, apparel resale, and an ongoing pivot toward the e-commerce channel. With $1.8 billion in 2021 gross merchandise volume, or GMV, we estimate that the firm captured about 13%-14% of the domestic online resale market, with rolling lockdowns and tangled supply chains providing a meaningful impetus for channel trial during 2020 and 2021.

Executives

Ebony Beckwith	director	203 REDWOOD SHORES PARKWAY, 8TH FLOOR, REDWOOD CITY CA 94065
Rodrigo Brumana	officer: Chief Financial Officer	203 REDWOOD SHORES PARKWAY, 8TH FLOOR, REDWOOD CITY CA 94065
John Michael Mcdonald	officer: Chief Operating Officer	C/O POSHMARK, INC., 203 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065
Manish Chandra	director, officer: President and CEO	C/O POSHMARK, INC., 203 REDWOOD SHORES PKWY 8TH FL, REDWOOD CITY CA 94065
Hans Tung	director	3000 SAND HILL ROAD, BUILDING 4, SUITE 230, MENLO PARK CA 94025
Temasek Holdings (private) Ltd	10 percent owner	60B ORCHARD ROAD #06-18 TOWER 2, THE ATRIUM@ORCHARD, SINGAPORE U0 238891
Anderson Investments Pte. Ltd.	10 percent owner	60B ORCHARD ROAD #06-18, THE ATRIUM@ORCHARD, SINGAPORE U0 238891
Thomson Capital Pte. Ltd.	10 percent owner	60B ORCHARD ROAD #06-18, THE ATRIUM@ORCHARD, SINGAPORE U0 238891
Tembusu Capital Pte. Ltd.	10 percent owner	60B ORCHARD ROAD #06-18, THE ATRIUM@ORCHARD, SINGAPORE U0 238891
Kapil Agrawal	officer: Interim CFO	203 REDWOOD SHORES PARKWAY, 8TH FLOOR, REDWOOD CITY CA 94065
Ggv Capital V L.l.c.	10 percent owner	3000 SAND HILL ROAD, BUILDING 4, SUITE 230, MENLO PARK CA 94025
Mv Management Xi, L.l.c.	10 percent owner	1300 EL CAMINO REAL, SUITE 150, MENLO PARK CA 94025
Anan Kashyap	officer: Chief Financial Officer	C/O POSHMARK, INC., 203 REDWOOD SHORES PKWY 8TH FL, REDWOOD CITY CA 94065
Menlo Ventures Xi, L.p.	10 percent owner	2884 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
John W Marren	director	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102