Amer Sports (Amer Sports) Days Payable : 68.21 (As of Mar. 2024)

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What is Amer Sports Days Payable?

Amer Sports's average Accounts Payable for the three months ended in Mar. 2024 was $407 Mil. Amer Sports's Cost of Goods Sold for the three months ended in Mar. 2024 was $544 Mil. Hence, Amer Sports's Days Payable for the three months ended in Mar. 2024 was 68.21.

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

AS' s Days Payable Range Over the Past 10 Years
Min: 69.78 Med: 76.24 Max: 82.43
Current: 69.78

During the past 4 years, Amer Sports's highest Days Payable was 82.43. The lowest was 69.78. And the median was 76.24.

AS's Days Payable is ranked better than
53.97% of 756 companies
in the Travel & Leisure industry
Industry Median: 59.87 vs AS: 69.78

Amer Sports's Days Payable declined from Mar. 2023 (80.24) to Mar. 2024 (68.21). It may suggest that Amer Sports accelerated paying its suppliers.

Amer Sports Days Payable Historical Data

The historical data trend for Amer Sports'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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Amer Sports Days Payable Chart

Amer Sports Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

82.43

71.70

77.27

75.20

Amer Sports Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial					80.24	99.00	66.52	58.93	68.21

Competitive Comparison of Amer Sports's Days Payable

For the Leisure subindustry, Amer Sports'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.

Amer Sports's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Amer Sports's Days Payable distribution charts can be found below:

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

Amer Sports 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.

Amer Sports'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
=	( (435.6	+	426.5)	/	2 )	/	2092.2	*	365
=	431.05					/	2092.2	*	365
=	75.20

Amer Sports'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
=	( (426.5	+	387.4)	/	2 )	/	544.4	*	365 / 4
=	406.95					/	544.4	*	365 / 4
=	68.21

Amer Sports Days Payable Related Terms

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

Amer Sports (Amer Sports) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Amer Sports Inc (NYSE:AS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

Amer Sports Inc. is a group of sports and outdoor brands, including Arc'teryx, Salomon, Wilson, Atomic, and Peak Performance. It has three reportable segments: Technical Apparel, Outdoor Performance as well and Ball & Racquet Sports. Technical Apparel includes outdoor apparel, footwear, and accessories and consists of the Arc'teryx and Peak Performance brands, Outdoor Performance includes outdoor apparel, footwear, accessories, and winter sports equipment and consists of our Salomon, Atomic, Armada, and ENVE brands, Ball & Racquet Sports includes sports equipment, apparel and accessories and consists of our Wilson, Louisville Slugger, DeMarini, EvoShield, Atec and Luxilon brands, all of which comprise the Wilson Sporting Goods portfolio. Max revenue is generated from Outdoor Performance.

Amer Sports (Amer Sports) Headlines

From GuruFocus

Amer Sports, Inc. Announces Launch of its Initial Public Offering

By Business Wire • 01-22-2024