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Aon (AON) Days Payable

: 109.52 (As of Dec. 2023)
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Aon's average Accounts Payable for the three months ended in Dec. 2023 was $2,006 Mil. Aon's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,671 Mil. Hence, Aon's Days Payable for the three months ended in Dec. 2023 was 109.52.

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

AON' s Days Payable Range Over the Past 10 Years
Min: 97.21   Med: 116.09   Max: 122.23
Current: 99.75

During the past 13 years, Aon's highest Days Payable was 122.23. The lowest was 97.21. And the median was 116.09.

AON's Days Payable is ranked better than
68.75% of 48 companies
in the Insurance industry
Industry Median: 57.26 vs AON: 99.75

Aon's Days Payable declined from Dec. 2022 (115.97) to Dec. 2023 (109.52). It may suggest that Aon accelerated paying its suppliers.


Aon Days Payable Historical Data

The historical data trend for Aon'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.

Aon Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 117.02 122.23 113.97 121.33 115.71

Aon Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable 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 Premium Member Only Premium Member Only Premium Member Only 115.97 96.62 86.00 91.36 109.52

Competitive Comparison

For the Insurance Brokers subindustry, Aon'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.


Aon Days Payable Distribution

For the Insurance industry and Financial Services sector, Aon's Days Payable distribution charts can be found below:

* The bar in red indicates where Aon's Days Payable falls into.



Aon 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.

Aon'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
=( (2114 + 2262) / 2 ) / 6902*365
=2188 / 6902*365
=115.71

Aon'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
=( (1749 + 2262) / 2 ) / 1671*365 / 4
=2005.5 / 1671*365 / 4
=109.52

* 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.


Aon Days Payable Related Terms

Thank you for viewing the detailed overview of Aon's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Aon (AON) Business Description

Traded in Other Exchanges
Address
James Joyce Street, Metropolitan Building, Dublin 1, IRL, D01 K0Y8
Aon is a leading global provider of insurance and reinsurance brokerage and human resource solutions. Its operations are tilted toward its brokerage operations. Headquartered in London, Aon has about 50,000 employees and operations in over 120 countries around the world.
Executives
Byron Spruell director 200 EAST RANDOLPH ST., CHICAGO IL 60601
Eric Andersen officer: CEO, Aon Benfield 200 EAST RANDOLPH ST., CHICAGO IL 60601
Sarah G Smith director C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Christa Davies officer: EVP, Global Finance AON CORPORATE LAW DEPT, 200 EAST RANDOLPH ST, 8TH FL, CHICAGO IL 60601
Michael Neller officer: Principal Accounting Officer 200 EAST RANDOLPH ST., CHICAGO IL 60601
Mindy F. Simon officer: Chief Operating Officer FOUR EMBARCADERO CENTER, SUITE 2100, SAN FRANCISCO CA 94111
Adriana Karaboutis director C/O BIOGEN IDEC INC., 225 BINNEY ST., CAMBRIDGE MA 02142
Darren Zeidel officer: General Counsel 200 EAST RANDOLPH ST., CHICAGO IL 60640
Lester B Knight director C/O AON CORP, 200 EAST RANDOLPH STREET, CHICAGO IL 60601
Jillian Slyfield officer: Chief Innovation Officer 200 E RANDOLPH ST., CHICAGO IL 60601
J Michael Losh director H.B. FULLER COMPANY, P.O. BOX 64683, ST. PAUL MN 55164-0683
James Platt officer: Chief Operating Officer THE LEADENHALL BUILDING, 122 LEADENHALL ST., LONDON X0 EC3V 4AN
John G Bruno officer: Executive Vice President, CIO
Carolyn Y Woo director 801 E. 86TH AVENUE, MERRILLVILLE IN 4641-
Anthony R Goland officer: EVP and CHRO C/O AON LAW DEPARTMENT, 200 EAST RANDOLPH ST, CHICAGO IL 60601

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