C.H. Robinson Worldwide (BSP:C1HR34) Days Payable : 30.96 (As of Dec. 2023)

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What is C.H. Robinson Worldwide Days Payable?

C.H. Robinson Worldwide's average Accounts Payable for the three months ended in Dec. 2023 was R$6,591 Mil. C.H. Robinson Worldwide's Cost of Goods Sold for the three months ended in Dec. 2023 was R$19,428 Mil. Hence, C.H. Robinson Worldwide's Days Payable for the three months ended in Dec. 2023 was 30.96.

The historical rank and industry rank for C.H. Robinson Worldwide's Days Payable or its related term are showing as below:

BSP:C1HR34' s Days Payable Range Over the Past 10 Years
Min: 20.64 Med: 25 Max: 30.73
Current: 30.68

During the past 13 years, C.H. Robinson Worldwide's highest Days Payable was 30.73. The lowest was 20.64. And the median was 25.00.

BSP:C1HR34's Days Payable is ranked worse than
61.79% of 929 companies
in the Transportation industry
Industry Median: 39.02 vs BSP:C1HR34: 30.68

C.H. Robinson Worldwide's Days Payable increased from Dec. 2022 (30.21) to Dec. 2023 (30.96). It may suggest that C.H. Robinson Worldwide delayed paying its suppliers.

C.H. Robinson Worldwide Days Payable Historical Data

The historical data trend for C.H. Robinson Worldwide'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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C.H. Robinson Worldwide Days Payable Chart

C.H. Robinson Worldwide Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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24.77

24.04

24.63

27.36

31.87

C.H. Robinson Worldwide Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															30.21	30.59	31.71	30.54	30.96

Competitive Comparison of C.H. Robinson Worldwide's Days Payable

For the Integrated Freight & Logistics subindustry, C.H. Robinson Worldwide'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.

C.H. Robinson Worldwide's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, C.H. Robinson Worldwide's Days Payable distribution charts can be found below:

* The bar in red indicates where C.H. Robinson Worldwide's Days Payable falls into.

C.H. Robinson Worldwide 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.

C.H. Robinson Worldwide'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
=	( (7694.991	+	6389.099)	/	2 )	/	80638.801	*	365
=	7042.045					/	80638.801	*	365
=	31.87

C.H. Robinson Worldwide's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (6793.325	+	6389.099)	/	2 )	/	19428.119	*	365 / 4
=	6591.212					/	19428.119	*	365 / 4
=	30.96

C.H. Robinson Worldwide Days Payable Related Terms

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C.H. Robinson Worldwide (BSP:C1HR34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » C.H. Robinson Worldwide Inc (BSP:C1HR34) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CHRW:USA CH1A:Germany

Address

14701 Charlson Road, Eden Prairie, MN, USA, 55347-5088

Website

https://www.chrobinson.com

C.H. Robinson is a top-tier non-asset-based third-party logistics provider with a significant focus on domestic freight brokerage (about 60% of 2022 net revenue), which reflects mostly truck brokerage but also rail intermodal. Additionally, the firm operates a large air and ocean forwarding division (30%), which has grown organically and via tuck-in acquisitions over the years. The remainder of revenue consists of the European truck-brokerage division, transportation management services, and a legacy produce-sourcing operation.

C.H. Robinson Worldwide (BSP:C1HR34) Headlines

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