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PACCAR (PACCAR) Days Payable : 62.16 (As of Mar. 2024)


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What is PACCAR Days Payable?

PACCAR's average Accounts Payable for the three months ended in Mar. 2024 was $4,682 Mil. PACCAR's Cost of Goods Sold for the three months ended in Mar. 2024 was $6,874 Mil. Hence, PACCAR's Days Payable for the three months ended in Mar. 2024 was 62.16.

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

PCAR' s Days Payable Range Over the Past 10 Years
Min: 31.37   Med: 34.33   Max: 76.61
Current: 76.61

During the past 13 years, PACCAR's highest Days Payable was 76.61. The lowest was 31.37. And the median was 34.33.

PCAR's Days Payable is ranked better than
50.97% of 206 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 74.62 vs PCAR: 76.61

PACCAR's Days Payable increased from Mar. 2023 (60.78) to Mar. 2024 (62.16). It may suggest that PACCAR delayed paying its suppliers.


PACCAR Days Payable Historical Data

The historical data trend for PACCAR'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.

PACCAR Days Payable Chart

PACCAR 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 31.37 41.63 35.61 34.89 34.19

PACCAR 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 60.78 82.72 85.16 57.54 62.16

Competitive Comparison of PACCAR's Days Payable

For the Farm & Heavy Construction Machinery subindustry, PACCAR'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.


PACCAR's Days Payable Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, PACCAR's Days Payable distribution charts can be found below:

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



PACCAR 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.

PACCAR'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
=( (2491.9 + 2659.9) / 2 ) / 27496.9*365
=2575.9 / 27496.9*365
=34.19

PACCAR'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
=( (2659.9 + 6704.9) / 2 ) / 6874.2*365 / 4
=4682.4 / 6874.2*365 / 4
=62.16

* 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.


PACCAR Days Payable Related Terms

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


PACCAR (PACCAR) Business Description

Address
777-106th Avenue N.E., Bellevue, WA, USA, 98004
Paccar is a leading manufacturer of medium- and heavy-duty trucks under the premium brands Kenworth and Peterbilt, which are primarily sold in the NAFTA region and Australia, and DAF trucks, which are sold in Europe and South America. The company's trucks are sold through over 2,300 independent dealers globally. Paccar Financial Services provides retail and wholesale financing for customers and dealers, respectively. The company commands approximately 30% of the Class 8 market share in North America and 17% of the heavy-duty market share in Europe.
Executives
Todd R Hubbard officer: VICE PRESIDENT 777 106TH AVE NE, BELLEVUE WA 98004
Harrie Schippers officer: Vice President 777 106TH AVENUE NE, BELLEVUE WA 98004
Brice J Poplawski officer: Vice President & Controller 777 106TH AVE. NE, BELLEVUE WA 98004
R Preston Feight officer: VICE PRESIDENT 777 106TH AVE NE, BELLEVUE WA 98004
Michael T Barkley officer: VICE PRESIDENT/CONTROLLER 777 106TH AVENUE NE, BELLEVUE WA 98004
Cynthia Niekamp director PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Barbara B. Hulit director C/O FORTIVE CORPORATION, 6920 SEAWAY BLVD, EVERETT WA 98203
Mark C Pigott director, officer: CHAIRMAN & CEO
C Michael Dozier officer: VICE PRESIDENT 777 106TH AVE NE, BELLEVUE WA 98004
Paulo Henrique Bolgar officer: Vice President 777 106TH AVENUE NE, BELLEVUE WA 98004
Jack K. Levier officer: Vice President 777 106TH AVENUE NE, BELLEVUE WA 98004
Alison J Carnwath director 777 106TH AVENUE NE, BELLEVUE WA 98004
Sreeganesh Ramaswamy director 5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209
John N Rich officer: V.P. & CHIEF TECH. OFFICER 777 106TH AVENUE NE, BELLEVUE WA 98004
Michael K Walton officer: VICE PRESIDENT/GENERAL COUNSEL 777 106TH AVENUE NE, BELLEVUE WA 98004

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