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Genuine Parts Co (BSP:G1PC34) Days Payable : 137.00 (As of Mar. 2024)


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What is Genuine Parts Co Days Payable?

Genuine Parts Co's average Accounts Payable for the three months ended in Mar. 2024 was R$27,730 Mil. Genuine Parts Co's Cost of Goods Sold for the three months ended in Mar. 2024 was R$18,470 Mil. Hence, Genuine Parts Co's Days Payable for the three months ended in Mar. 2024 was 137.00.

The historical rank and industry rank for Genuine Parts Co's Days Payable or its related term are showing as below:

BSP:G1PC34' s Days Payable Range Over the Past 10 Years
Min: 81.92   Med: 123.71   Max: 138.31
Current: 138.31

During the past 13 years, Genuine Parts Co's highest Days Payable was 138.31. The lowest was 81.92. And the median was 123.71.

BSP:G1PC34's Days Payable is ranked better than
87.15% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 65.67 vs BSP:G1PC34: 138.31

Genuine Parts Co's Days Payable increased from Mar. 2023 (135.87) to Mar. 2024 (137.00). It may suggest that Genuine Parts Co delayed paying its suppliers.


Genuine Parts Co Days Payable Historical Data

The historical data trend for Genuine Parts Co'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.

Genuine Parts Co Days Payable Chart

Genuine Parts Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 120.94 122.05 127.68 135.22 139.85

Genuine Parts Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 135.87 140.76 134.60 141.65 137.00

Competitive Comparison of Genuine Parts Co's Days Payable

For the Auto Parts subindustry, Genuine Parts Co'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.


Genuine Parts Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Genuine Parts Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Genuine Parts Co's Days Payable falls into.



Genuine Parts Co 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.

Genuine Parts Co'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
=( (28621.787 + 26946.626) / 2 ) / 72516.736*365
=27784.2065 / 72516.736*365
=139.85

Genuine Parts Co'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
=( (26946.626 + 28513.065) / 2 ) / 18469.959*365 / 4
=27729.8455 / 18469.959*365 / 4
=137.00

* 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.


Genuine Parts Co Days Payable Related Terms

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Genuine Parts Co (BSP:G1PC34) Business Description

Traded in Other Exchanges
Address
2999 Wildwood Parkway, Atlanta, GA, USA, 30339
Genuine Parts sells automotive parts (nearly two thirds of net sales) and industrial components. The company sells car and truck parts to commercial and retail customers through roughly 9,800 stores worldwide, most of which are independently owned. Its industrial unit, primarily operating under the Motion Industries banner in the United States, supplies bearings, power transmission, industrial automation, hydraulic, and pneumatic components to maintenance, repair, and original equipment manufacturer clients.

Genuine Parts Co (BSP:G1PC34) Headlines

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