Hugo Boss AG (XTER:BOSS) Days Payable : 108.05 (As of Dec. 2023)

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What is Hugo Boss AG Days Payable?

Hugo Boss AG's average Accounts Payable for the three months ended in Dec. 2023 was €536 Mil. Hugo Boss AG's Cost of Goods Sold for the three months ended in Dec. 2023 was €453 Mil. Hence, Hugo Boss AG's Days Payable for the three months ended in Dec. 2023 was 108.05.

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

XTER:BOSS' s Days Payable Range Over the Past 10 Years
Min: 100.51 Med: 110.21 Max: 147.68
Current: 127.79

During the past 13 years, Hugo Boss AG's highest Days Payable was 147.68. The lowest was 100.51. And the median was 110.21.

XTER:BOSS's Days Payable is ranked better than
84% of 1025 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs XTER:BOSS: 127.79

Hugo Boss AG's Days Payable declined from Dec. 2022 (130.24) to Dec. 2023 (108.05). It may suggest that Hugo Boss AG accelerated paying its suppliers.

Hugo Boss AG Days Payable Historical Data

The historical data trend for Hugo Boss AG'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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Hugo Boss AG Days Payable Chart

Hugo Boss AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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110.33

147.68

130.82

141.48

134.22

Hugo Boss AG 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															130.24	144.09	134.87	121.63	108.05

Competitive Comparison of Hugo Boss AG's Days Payable

For the Apparel Manufacturing subindustry, Hugo Boss AG'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.

Hugo Boss AG's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hugo Boss AG's Days Payable distribution charts can be found below:

* The bar in red indicates where Hugo Boss AG's Days Payable falls into.

Hugo Boss AG 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.

Hugo Boss AG'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
=	( (617.11	+	571.822)	/	2 )	/	1616.606	*	365
=	594.466					/	1616.606	*	365
=	134.22

Hugo Boss AG'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
=	( (500	+	571.822)	/	2 )	/	452.606	*	365 / 4
=	535.911					/	452.606	*	365 / 4
=	108.05

Hugo Boss AG Days Payable Related Terms

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Hugo Boss AG (XTER:BOSS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Hugo Boss AG (XTER:BOSS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HUGPF:USA BOSSY:USA 1BOSS:Italy BOSSd:UK 0Q8F:UK BOSS:Austria

Address

Dieselstrasse 12, Metzingen, DEU, 72555

Website

https://www.hugoboss.com

Hugo Boss is a German-based menswear apparel brand operating in the premium segment through its two brands, Boss and Hugo. The brand was founded in 1924 and initially focused on uniforms. After World War II and the death of the founder, the company shifted focus to men's suits. Hugo Boss' sales are mainly menswear (90%). The company is globally present in 7,400 points of sale, with 63% of revenue generated in the European market, 22% in the Americas, 13% in Asia-Pacific, and less than 3% from licenses. It generates over 60% of sales through its own retail with over 2,000 stores globally.

Executives

Hermann Waldemer	Supervisory Board
Daniel Heinrich Grieder	Board of Directors
Yves Marc Müller	Board of Directors
Katharina Herzog	Supervisory Board
Dr. Heiko Schäfer	Board of Directors
Ingo Wilts	Board of Directors
Luca Marzotto	Supervisory Board