PC Connection (STU:PCC) Days Payable : 42.75 (As of Mar. 2024)

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What is PC Connection Days Payable?

PC Connection's average Accounts Payable for the three months ended in Mar. 2024 was €222 Mil. PC Connection's Cost of Goods Sold for the three months ended in Mar. 2024 was €473 Mil. Hence, PC Connection's Days Payable for the three months ended in Mar. 2024 was 42.75.

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

STU:PCC' s Days Payable Range Over the Past 10 Years
Min: 21.3 Med: 32.63 Max: 42.23
Current: 41.03

During the past 13 years, PC Connection's highest Days Payable was 42.23. The lowest was 21.30. And the median was 32.63.

STU:PCC's Days Payable is ranked worse than
77.25% of 2422 companies
in the Hardware industry
Industry Median: 67.8 vs STU:PCC: 41.03

PC Connection's Days Payable increased from Mar. 2023 (35.75) to Mar. 2024 (42.75). It may suggest that PC Connection delayed paying its suppliers.

PC Connection Days Payable Historical Data

The historical data trend for PC Connection'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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PC Connection Days Payable Chart

PC Connection Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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33.33

44.11

39.81

34.89

39.26

PC Connection 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															35.75	39.10	43.71	42.99	42.75

Competitive Comparison of PC Connection's Days Payable

For the Electronics & Computer Distribution subindustry, PC Connection'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.

PC Connection's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, PC Connection's Days Payable distribution charts can be found below:

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

PC Connection 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.

PC Connection'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
=	( (219.61	+	241.796)	/	2 )	/	2144.779	*	365
=	230.703					/	2144.779	*	365
=	39.26

PC Connection'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
=	( (241.796	+	201.297)	/	2 )	/	472.837	*	365 / 4
=	221.5465					/	472.837	*	365 / 4
=	42.75

PC Connection Days Payable Related Terms

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PC Connection (STU:PCC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » PC Connection Inc (STU:PCC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CNXN:USA

Address

730 Milford Road, Merrimack, NH, USA, 03054-4631

Website

https://www.connection.com

PC Connection Inc is a provider of information technology solutions. It provides products such as computer systems, software and peripheral equipment, networking communications, and other products and accessories that company purchase from manufacturers and distributors. The company also offers services involving design, configuration, and implementation of IT solutions. It conducts business operations through three business segments namely Business Solutions, Enterprise Solutions, and Public Sector Solutions. The company generates maximum revenue Enterprise Solutions segment.

PC Connection (STU:PCC) Headlines

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