What is Five Below Days Payable?
Five Below's average Accounts Payable for the three months ended in Apr. 2024 was $239 Mil. Five Below's Cost of Goods Sold for the three months ended in Apr. 2024 was $548 Mil. Hence, Five Below's Days Payable for the threemonths ended in Apr. 2024 was 39.78.
The historical rank and industry rank for Five Below's Days Payable or its related term are showing as below:
FIVE' s Days Payable Range Over the Past 10 Years
Min: 27.82 Med: 33.29 Max: 40.86
Current: 40.86
During the past 13 years, Five Below's highest Days Payable was 40.86. The lowest was 27.82. And the median was 33.29.
FIVE's Days Payable is ranked worse than
62.78% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 54.49 vs FIVE: 40.86
Five Below's Days Payable declined from Apr. 2023 (42.30) to Apr. 2024 (39.78). It may suggest that Five Below accelerated paying its suppliers.
Five Below Days Payable Historical Data
The historical data trend for Five Below'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.
Five Below Days Payable Chart
| Five Below Annual Data | ||||||||||||||||||||
| Trend | Jan15 | Jan16 | Jan17 | Jan18 | Jan19 | Jan20 | Jan21 | Jan22 | Jan23 | Jan24 | ||||||||||
| Days Payable | Get a 7-Day Free Trial | 36.40 | 37.46 | 33.64 | 38.47 | 38.12 | ||||||||||||||
| Five Below Quarterly Data | ||||||||||||||||||||
| Jul19 | Oct19 | Jan20 | Apr20 | Jul20 | Oct20 | Jan21 | Apr21 | Jul21 | Oct21 | Jan22 | Apr22 | Jul22 | Oct22 | Jan23 | Apr23 | Jul23 | Oct23 | Jan24 | Apr24 | |
| Days Payable | Get a 7-Day Free Trial | 42.30 | 44.63 | 53.16 | 35.15 | 39.78 | ||||||||||||||
Competitive Comparison of Five Below's Days Payable
For the Specialty Retail subindustry, Five Below'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.
Five Below's Days Payable Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Five Below's Days Payable distribution charts can be found below:
* The bar in red indicates where Five Below's Days Payable falls into.
Five Below 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.
Five Below's Days Payable for the fiscal year that ended in Jan. 2024 is calculated as
| Days Payable (A: Jan. 2024 ) | |||||||||
| = | Average Accounts Payable | / | Cost of Goods Sold | * | Days in Period | ||||
| = | ( (Accounts Payable (A: Jan. 2023 ) | + | Accounts Payable (A: Jan. 2024 )) | / | count ) | / | Cost of Goods Sold (A: Jan. 2024 ) | * | Days in Period |
| = | ( (221.12 | + | 256.275) | / | 2 ) | / | 2285.544 | * | 365 |
| = | 238.6975 | / | 2285.544 | * | 365 | ||||
| = | 38.12 |
Five Below's Days Payable for the quarter that ended in Apr. 2024 is calculated as:
| Days Payable (Q: Apr. 2024 ) | |||||||||
| = | Average Accounts Payable | / | Cost of Goods Sold | * | Days in Period | ||||
| = | ( (Accounts Payable (Q: Jan. 2024 ) | + | Accounts Payable (Q: Apr. 2024 )) | / | count ) | / | Cost of Goods Sold (Q: Apr. 2024 ) | * | Days in Period |
| = | ( (256.275 | + | 221.789) | / | 2 ) | / | 548.343 | * | 365 / 4 |
| = | 239.032 | / | 548.343 | * | 365 / 4 | ||||
| = | 39.78 |
* 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.
Five Below Days Payable Related Terms
Thank you for viewing the detailed overview of Five Below's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.
Five Below (Five Below) Business Description
Industry
GURUFOCUS.COM »STOCK LIST »Consumer Cyclical » Retail - Cyclical » Five Below Inc (NAS:FIVE) » Definitions » Days Payable
Comparable Companies
WSM CASY DKS MNSO MUSA BBWI BBY RH GME ASO ORLY TSX:ATD AZO SHSE:601888 TSCO ULTA GPC ADX:ADNOCDIST TSX:CTC.A XSWX:DUFN
Traded in Other Exchanges
0IPD:UK 6F1:Germany
Address
701 Market Street, Suite 300, Philadelphia, PA, USA, 19106
Website
Five Below is a value-oriented retailer that operated 1,340 stores in the United States as of the end of fiscal 2022. Catering to teen and preteen consumers, its stores feature a wide variety of merchandise, the vast majority of which is priced below $6. The assortment focuses on discretionary items in several categories, particularly leisure (such as sporting goods, toys, and electronics; 48% of fiscal 2022 sales), fashion and home (for example, beauty products and accessories, home goods, and storage solutions; 29% of fiscal 2022 sales), and party and snack (including seasonal goods, candy, and beverages; 23% of fiscal 2022 sales). The chain had stores in 42 states as of the end of fiscal 2022.
Executives
| Thomas Vellios | director | C/O FIVE BELOW, INC., 1818 MARKET STREET, SUITE 2000, PHILADELPHIA PA 19103 |
| Mimi Eckel Vaughn | director | C/O GENESCO INC, 535 MARRIOTT DRIVE, NASHVILLE TN 37214 |
| Joel D Anderson | director, officer: President & CEO | 6436 CITY WEST PARKWAY, EDEN PRAIRIE MN 55344 |
| Kristy Chipman | officer: CFO & Treasurer | 1030 W. CANTON AVENUE, SUITE 100, WINTER PARK FL 32789 |
| Ronald Sargent | director | 1014 VINE STREET, CINCINNATI OH 45202 |
| Catherine Elizabeth Buggeln | director | THE DRESS BARN, INC., 30 DUNNIGAN DRIVE, SUFFERN NY 10901 |
| Kathleen S Barclay | director | 300 RENAISSANCE CENTER, PO BOX 300 MC 482 C32 D82, DETROIT MI 48265-3000 |
| Michael Romanko | officer: CMO | C/O FIVE BELOW, INC., 1818 MARKET ST, STE. 2000, PHILADELPHIA PA 19103 |
| George Hill | officer: EVP, Store Operations | C/O FIVE BELOW, INC., 1818 MARKET STREET, SUITE 2000, PHILADELPHIA PA 19103 |
| Eric M Specter | officer: CAO | |
| Kenneth R Bull | officer: CFO & Treasurer | 1809 WALNUT STREET, PHILADELLPHIA PA 19103 |
| Zuhairah Scott Washington | director | C/O FIVE BELOW, INC., 701 MARKET STREET, SUITE 300, PHILADELPHIA PA 19106 |
| Devine Michael F Iii | director | COACH, 516 W 34TH STREET, NEW YORK NY 1001 |
| Bernard Jin Kim | director | C/O MATCH GROUP, INC., 8750 N CENTRAL EXPRESSWAY, SUITE 1400, DALLAS TX 75231 |
| Judith L. Werthauser | officer: Chief Experience Officer | 2726 MAITLAND DRIVE, ANN ARBOR MI 48105 |
Five Below (Five Below) Headlines
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Five Below, Inc. Names Kristy Chipman Chief Financial Officer and Treasurer
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Five Below, Inc. Announces Holiday Sales Results for Quarter-To-Date Through January 7, 2023
By Stock market mentor Stock market mentor • 01-09-2023
Five Below, Inc. Announces Fourth Quarter Fiscal 2022 Earnings Release and Conference Call Date
By sperokesalga sperokesalga • 03-01-2023
Five Below, Inc. Announces First Quarter Fiscal 2022 Earnings Release and Conference Call Date
By GuruFocusNews GuruFocusNews • 06-27-2022
