Sezzle (Sezzle) Days Payable : 295.73 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Sezzle Days Payable?

Sezzle's average Accounts Payable for the three months ended in Mar. 2024 was $73.9 Mil. Sezzle's Cost of Goods Sold for the three months ended in Mar. 2024 was $22.8 Mil. Hence, Sezzle's Days Payable for the three months ended in Mar. 2024 was 295.73.

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

SEZL' s Days Payable Range Over the Past 10 Years
Min: 287.4 Med: 356.18 Max: 602.28
Current: 287.4

During the past 6 years, Sezzle's highest Days Payable was 602.28. The lowest was 287.40. And the median was 356.18.

SEZL's Days Payable is ranked better than
83.04% of 283 companies
in the Credit Services industry
Industry Median: 49.08 vs SEZL: 287.40

Sezzle's Days Payable declined from Mar. 2023 (341.51) to Mar. 2024 (295.73). It may suggest that Sezzle accelerated paying its suppliers.

Sezzle Days Payable Historical Data

The historical data trend for Sezzle'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.

Sezzle Days Payable Chart

Sezzle Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

602.28

356.18

335.13

Sezzle Quarterly Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial									341.51	303.28	294.40	261.93	295.73

Competitive Comparison of Sezzle's Days Payable

For the Credit Services subindustry, Sezzle'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.

Sezzle's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Sezzle's Days Payable distribution charts can be found below:

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

Sezzle 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.

Sezzle'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
=	( (83.021	+	74.135)	/	2 )	/	85.582	*	365
=	78.578					/	85.582	*	365
=	335.13

Sezzle's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (74.135	+	73.733)	/	2 )	/	22.813	*	365 / 4
=	73.934					/	22.813	*	365 / 4
=	295.73

Sezzle Days Payable Related Terms

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

Sezzle (Sezzle) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Sezzle Inc (NAS:SEZL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SEZL:USA 0SE0:Germany 0SEA:Germany 0SEA:Germany SZL:Australia

Address

251 1st Avenue N, Suite 200, Minneapolis, MN, USA, 55401

Website

https://www.sezzle.com

Sezzle Inc is a financing institution that offers technology-driven payment platform. It allows customers to split their purchase into four installments and pay over 6 weeks with only the first payment due at the time of purchase.