Sherwin-Williams Co (Sherwin-Williams Co) Days Payable

: 79.99 (As of Dec. 2023)

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Sherwin-Williams Co's average Accounts Payable for the three months ended in Dec. 2023 was $2,370 Mil. Sherwin-Williams Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $2,704 Mil. Hence, Sherwin-Williams Co's Days Payable for the three months ended in Dec. 2023 was 79.99.

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

SHW' s Days Payable Range Over the Past 10 Years
Min: 62.4 Med: 68.44 Max: 75.31
Current: 72.32

During the past 13 years, Sherwin-Williams Co's highest Days Payable was 75.31. The lowest was 62.40. And the median was 68.44.

SHW's Days Payable is ranked better than
60.94% of 1503 companies
in the Chemicals industry
Industry Median: 60.04 vs SHW: 72.32

Sherwin-Williams Co's Days Payable increased from Dec. 2022 (79.85) to Dec. 2023 (79.99). It may suggest that Sherwin-Williams Co delayed paying its suppliers.

Sherwin-Williams Co Days Payable Historical Data

The historical data trend for Sherwin-Williams 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.

Sherwin-Williams Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

68.00

75.31

72.36

68.87

70.54

Sherwin-Williams Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																79.85	74.75	67.77	70.06	79.99

Competitive Comparison

For the Specialty Chemicals subindustry, Sherwin-Williams 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.

Sherwin-Williams Co Days Payable Distribution

For the Chemicals industry and Basic Materials sector, Sherwin-Williams Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Sherwin-Williams Co's Days Payable falls into.

Sherwin-Williams 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.

Sherwin-Williams 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
=	( (2436.5	+	2315)	/	2 )	/	12293.8	*	365
=	2375.75					/	12293.8	*	365
=	70.54

Sherwin-Williams Co'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
=	( (2424.8	+	2315)	/	2 )	/	2703.5	*	365 / 4
=	2369.9					/	2703.5	*	365 / 4
=	79.99

Sherwin-Williams Co Days Payable Related Terms

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Sherwin-Williams Co (Sherwin-Williams Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sherwin-Williams Co (NYSE:SHW) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SHW:Mexico 1SHW:Italy SJ3:Germany SJ3:Germany S1HW34:Brazil

Address

101 West Prospect Avenue, Cleveland, OH, USA, 44115-1075

Website

https://www.sherwin-williams.com

Sherwin-Williams is the largest provider of architectural paint in the United States. The company has over 4,900 stores and sells premium paint at higher price points than most competitors. Sherwin-Williams also sells paint-related products in big-box stores and provides coatings for original equipment manufacturers.

Executives

Mary L Garceau	officer: SVP, Gen. Counsel & Secretary	101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Heidi G Petz	officer: President, Consumer Brands Grp	101 W. PROSPECT AVENUE, CLEVELAND OH 44115
John G Morikis	officer: President, Paint Stores Group	C/O THE SHERWIN WILLIAMS CO, 101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Thomas L Williams	director	6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Gregory P. Sofish	officer: SVP - Human Resources	101 WEST PROSPECT AVENUE, 1180 MIDLAND BUILDING, CLEVELAND OH 44115
Justin T Binns	officer: President, Perf Coatings Grp	101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Karl J Jorgenrud	officer: President, Perf Coatings Group	101 WEST PROSPECT AVENUE, 1180 MIDLAND, CLEVELAND OH 44115
Todd D Rea	officer: President, Consumer Brands Grp	101 W. PROSPECT AVENUE, 1180 MIDLAND, CLEVELAND OH 44115
Bryan J Young	officer: SVP - Corp Strategy & Devel.	101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Joseph F Sladek	officer: Pres. & GM, Glob. Supply Chain	101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Marta R Stewart	director	C/O NORFOLK SOUTHERN CORP, THREE COMMERCIAL PL, NORFOLK VA 23510-9219
Peter J. Ippolito	officer: President, The Americas Group	101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Jane M. Cronin	officer: SVP - Corporate Controller	101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Thomas P Gilligan	officer: SVP-Human Resources	101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Brian E Padden	officer: President, Consumer Brands Grp	101 W. PROSPECT, CLEVELAND OH 44115