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The RealReal (FRA:6RR) Days Payable : 28.81 (As of Mar. 2024)


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What is The RealReal Days Payable?

The RealReal's average Accounts Payable for the three months ended in Mar. 2024 was €10.6 Mil. The RealReal's Cost of Goods Sold for the three months ended in Mar. 2024 was €33.6 Mil. Hence, The RealReal's Days Payable for the three months ended in Mar. 2024 was 28.81.

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

FRA:6RR' s Days Payable Range Over the Past 10 Years
Min: 11.75   Med: 25.92   Max: 55.37
Current: 24.64

During the past 7 years, The RealReal's highest Days Payable was 55.37. The lowest was 11.75. And the median was 25.92.

FRA:6RR's Days Payable is ranked worse than
82.16% of 1082 companies
in the Retail - Cyclical industry
Industry Median: 55.735 vs FRA:6RR: 24.64

The RealReal's Days Payable increased from Mar. 2023 (18.36) to Mar. 2024 (28.81). It may suggest that The RealReal delayed paying its suppliers.


The RealReal Days Payable Historical Data

The historical data trend for The RealReal'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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The RealReal Days Payable Chart

The RealReal Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 25.73 43.14 16.75 11.55 22.37

The RealReal Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.36 22.59 24.56 21.06 28.81

Competitive Comparison of The RealReal's Days Payable

For the Luxury Goods subindustry, The RealReal'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.


The RealReal's Days Payable Distribution in the Retail - Cyclical Industry

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

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



The RealReal 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.

The RealReal'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
=( (11.235 + 8.217) / 2 ) / 158.665*365
=9.726 / 158.665*365
=22.37

The RealReal'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
=( (8.217 + 12.996) / 2 ) / 33.599*365 / 4
=10.6065 / 33.599*365 / 4
=28.81

* 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.


The RealReal Days Payable Related Terms

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The RealReal (FRA:6RR) Business Description

Traded in Other Exchanges
Address
55 Francisco Street, Suite 400, San Francisco, CA, USA, 94133
The RealReal is the largest luxury resale platform in the U.S., generating $1.8 billion in 2022 gross merchandise volume and addressing a niche (personal luxury resale) that had previously been serviced by inefficient upscale boutiques and local pawn shops. The firm generates revenue via consignment and first-party sales on its online marketplace, and through direct sales across its brick-and-mortar footprint. With a hands-on approach that actively sources inventory and authenticates every item on its platform, The RealReal is able to justify much higher take rates than peers, working out to roughly 35% of net merchandise value, which excludes returns, cancellations, and first-party sales.

The RealReal (FRA:6RR) Headlines

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