United Parcel Service (United Parcel Service) Days Payable

: 27.95 (As of Dec. 2023)

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United Parcel Service's average Accounts Payable for the three months ended in Dec. 2023 was $6,156 Mil. United Parcel Service's Cost of Goods Sold for the three months ended in Dec. 2023 was $20,098 Mil. Hence, United Parcel Service's Days Payable for the three months ended in Dec. 2023 was 27.95.

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

UPS' s Days Payable Range Over the Past 10 Years
Min: 19.6 Med: 29.83 Max: 34.6
Current: 31.9

During the past 13 years, United Parcel Service's highest Days Payable was 34.60. The lowest was 19.60. And the median was 29.83.

UPS's Days Payable is ranked worse than
59.31% of 934 companies
in the Transportation industry
Industry Median: 39.565 vs UPS: 31.90

United Parcel Service's Days Payable declined from Dec. 2022 (30.30) to Dec. 2023 (27.95). It may suggest that United Parcel Service accelerated paying its suppliers.

United Parcel Service Days Payable Historical Data

The historical data trend for United Parcel Service'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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United Parcel Service Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

32.47

31.61

33.13

34.60

34.30

United Parcel Service Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																30.30	34.29	32.43	30.88	27.95

Competitive Comparison

For the Integrated Freight & Logistics subindustry, United Parcel Service'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.

United Parcel Service Days Payable Distribution

For the Transportation industry and Industrials sector, United Parcel Service's Days Payable distribution charts can be found below:

* The bar in red indicates where United Parcel Service's Days Payable falls into.

United Parcel Service 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.

United Parcel Service'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
=	( (7515	+	6340)	/	2 )	/	73727	*	365
=	6927.5					/	73727	*	365
=	34.30

United Parcel Service'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
=	( (5972	+	6340)	/	2 )	/	20098	*	365 / 4
=	6156					/	20098	*	365 / 4
=	27.95

United Parcel Service Days Payable Related Terms

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United Parcel Service (United Parcel Service) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » United Parcel Service Inc (NYSE:UPS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

UPS:Mexico UPA:Germany UPAB:Germany UPAB:Germany UPAB:Germany UPS:Canada UPSS34:Brazil UPSI:Austria

Address

55 Glenlake Parkway, N.E. Atlanta, Atlanta, GA, USA, 30328

Website

https://www.ups.com

As the world's largest parcel delivery company, UPS manages a massive fleet of more than 500 planes and 100,000 vehicles, along with many hundreds of sorting facilities, to deliver an average of about 25 million packages per day to residences and businesses across the globe. UPS' domestic U.S. package operations generate around 64% of total revenue while international package makes up 20%. Air and ocean freight forwarding, truckload brokerage, and contract logistics make up the remainder.

Executives

Nando Cesarone	officer: President, UPS International	55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Laura J Lane	officer: Chief Corp Affairs & Comms Off	55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Brian Newman	officer: Chief Financial Officer	55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Brothers Norman M. Jr	officer: Sr VP, Gen Counsel & Sec	55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Darrell L Ford	officer: Chief Human Resources Officer	55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Kathleen M. Gutmann	officer: Senior Vice President	55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Kevin M Warren	officer: Chief Marketing Officer	55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Bala Subramanian	officer: Chief Digital & Tech Officer	55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Philippe R Gilbert	officer: Pres, Supply Chain Solutions	55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Juan R. Perez	officer: Senior Vice President	55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Scott A. Price	officer: Chief Transformation Officer	55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Russell Stokes	director	ONE FINANCIAL CENTER, SUITE 3700, BOSTON MA 02111
Wayne M. Hewett	director	5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Charlene A Thomas	officer: Chief Human Resources Officer	55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Kathleen E Johnson	director	55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328