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Applied Industrial Technologies's average Accounts Payable for the three months ended in Mar. 2024 was $262 Mil. Applied Industrial Technologies's Cost of Goods Sold for the three months ended in Mar. 2024 was $808 Mil. Hence, Applied Industrial Technologies's Days Payable for the three months ended in Mar. 2024 was 29.64.
The historical rank and industry rank for Applied Industrial Technologies's Days Payable or its related term are showing as below:
During the past 13 years, Applied Industrial Technologies's highest Days Payable was 36.59. The lowest was 31.29. And the median was 32.60.
Applied Industrial Technologies's Days Payable declined from Mar. 2023 (30.06) to Mar. 2024 (29.64). It may suggest that Applied Industrial Technologies accelerated paying its suppliers.
The historical data trend for Applied Industrial Technologies'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.
Applied Industrial Technologies Annual Data | |||||||||||||||||||||
Trend | Jun14 | Jun15 | Jun16 | Jun17 | Jun18 | Jun19 | Jun20 | Jun21 | Jun22 | Jun23 | |||||||||||
Days Payable | Get a 7-Day Free Trial | 36.59 | 33.49 | 31.29 | 31.56 | 32.76 |
Applied Industrial Technologies 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 | 30.06 | 32.16 | 33.26 | 30.83 | 29.64 |
For the Industrial Distribution subindustry, Applied Industrial Technologies'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.
For the Industrial Distribution industry and Industrials sector, Applied Industrial Technologies's Days Payable distribution charts can be found below:
* The bar in red indicates where Applied Industrial Technologies's Days Payable falls into.
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.
Applied Industrial Technologies's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as
Days Payable (A: Jun. 2023 ) | |||||||||
= | Average Accounts Payable | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Accounts Payable (A: Jun. 2022 ) | + | Accounts Payable (A: Jun. 2023 )) | / | count ) | / | Cost of Goods Sold (A: Jun. 2023 ) | * | Days in Period |
= | ( (259.463 | + | 301.685) | / | 2 ) | / | 3125.829 | * | 365 |
= | 280.574 | / | 3125.829 | * | 365 | ||||
= | 32.76 |
Applied Industrial Technologies'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 |
= | ( (253.739 | + | 271.185) | / | 2 ) | / | 808.144 | * | 365 / 4 |
= | 262.462 | / | 808.144 | * | 365 / 4 | ||||
= | 29.64 |
* 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.
Thank you for viewing the detailed overview of Applied Industrial Technologies's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.
Neil A Schrimsher | director, officer: President and CEO | ONE APPLIED PLAZA, CLEVELAND OH 44115 |
Peter C Wallace | director | C/O ROBBINS & MYERS, INC., 51 PLUM STREET, SUITE 260, DAYTON OH 45440 |
Hoffner Warren E Iii | officer: VP-General Mgr, Fluid Power | ONE APPLIED PLAZA, CLEVELAND OH 44115 |
Kurt W. Loring | officer: VP-Chief HR Officer | ONE APPLIED PLAZA, CLEVELAND OH 44115 |
Mary Dean Hall | director | 4920 O'HEAR AVENUE, SUITE 400, NORTH CHARLESTON SC 29405 |
Jon S Ploetz | officer: VP-General Counsel & Secretary | ONE APPLIED PLAZA, CLEVELAND OH 44115 |
Fred D Bauer | officer: VP-General Counsel & Secretary | ONE APPLIED PLZ, CLEVELAND OH 44115-5056 |
Vincent K Petrella | director | |
Shelly Marie Chadwick | director | 6070 PARKLAND BLVD, MAYFIELD HTS. OH 44124 |
Christopher Macey | other: Corporate Controller | 5995 MAYFAIR ROAD, NORTH CANTON OH 44720 |
Peter A Dorsman | director | |
Jason W Vasquez | officer: VP-Sales & Marketing-USSC | ONE APPLIED PLAZA, CLEVELAND OH 44115 |
Jerry Sue Thornton | director | C/O BARNES & NOBLE EDUCATION, INC., 120 MOUNTAIN VIEW BLVD, BASKING RIDGE NJ 07920 |
Madhuri A Andrews | director | 2525 STEMMONS FRWY, DALLAS TX 75207 |
Green Edith Kelly | director | 3131 DEMOCRAT ROAD BLDG B206, MEMPHIS TN 38118 |
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