Steven Madden Ltd (SHOO)
Number of days of payables
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 6.51 | 5.78 | 6.63 | 7.10 | 7.13 | 7.94 | 8.61 | 11.66 | 9.56 | 13.27 | 12.35 | 9.95 | 8.03 | 8.01 | 9.52 | 7.41 | 9.98 | 11.89 | 20.72 | 14.06 | |
| Number of days of payables | days | 56.10 | 63.14 | 55.02 | 51.41 | 51.18 | 45.98 | 42.38 | 31.32 | 38.17 | 27.50 | 29.56 | 36.67 | 45.44 | 45.56 | 38.33 | 49.27 | 36.59 | 30.69 | 17.61 | 25.95 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 6.51
= 56.10
The number of days of payables for Steven Madden Ltd has fluctuated over the period from March 31, 2020, to December 31, 2024. The trend shows that the number of days of payables started at a relatively low 25.95 days on March 31, 2020. It then decreased to 17.61 days on June 30, 2020, indicating that the company was able to pay its suppliers more quickly during that period.
Subsequently, from September 30, 2020, to December 31, 2020, the number of days of payables increased significantly to 30.69 days and 36.59 days, respectively. This could suggest a potential strain on the company's cash flow or liquidity position as it took longer to settle its payables.
The trend in 2021 showed fluctuations again with the number of days of payables increasing to 49.27 days on March 31, 2021, before decreasing to 38.33 days on June 30, 2021. The number increased further to 45.56 days on September 30, 2021, and remained at a similar level at 45.44 days on December 31, 2021.
In the subsequent years, there were further fluctuations in the number of days of payables. By December 31, 2024, the number of days of payables stood at 56.10 days. This could indicate that the company was taking longer to pay its suppliers compared to the beginning of the period under review.
Overall, the trend in the number of days of payables for Steven Madden Ltd reflects variations in the company's payment practices and its management of working capital. It is important for stakeholders to monitor this ratio to assess the company's ability to effectively manage its cash flow and supplier relationships.
Peer comparison
Dec 31, 2024