DPO trajectory by peer, FY2022 to FY2024
Days Payable Outstanding (AP / COGS x 365). Green = the four biggest extenders. Red = FIGS, biggest shortener (lost 31 days). Gray = peers that lost supplier leverage as cash positions weakened.
Days Payable Outstanding (AP / COGS x 365). Green = the four biggest extenders. Red = FIGS, biggest shortener (lost 31 days). Gray = peers that lost supplier leverage as cash positions weakened.
