ACCO Brands (ACCO Brands) Days Payable : 51.08 (As of Dec. 2023)

View and export this data going back to 1999. Start your Free Trial

What is ACCO Brands Days Payable?

ACCO Brands's average Accounts Payable for the three months ended in Dec. 2023 was $178 Mil. ACCO Brands's Cost of Goods Sold for the three months ended in Dec. 2023 was $319 Mil. Hence, ACCO Brands's Days Payable for the three months ended in Dec. 2023 was 51.08.

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

ACCO' s Days Payable Range Over the Past 10 Years
Min: 44.27 Med: 62.74 Max: 71.82
Current: 58.86

During the past 13 years, ACCO Brands's highest Days Payable was 71.82. The lowest was 44.27. And the median was 62.74.

ACCO's Days Payable is ranked worse than
62.22% of 2930 companies
in the Industrial Products industry
Industry Median: 76.275 vs ACCO: 58.86

ACCO Brands's Days Payable declined from Dec. 2022 (58.48) to Dec. 2023 (51.08). It may suggest that ACCO Brands accelerated paying its suppliers.

ACCO Brands Days Payable Historical Data

The historical data trend for ACCO Brands'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.

ACCO Brands Days Payable Chart

ACCO Brands Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

71.82

66.84

63.20

71.64

62.56

ACCO Brands Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															58.48	71.51	55.28	55.32	51.08

Competitive Comparison of ACCO Brands's Days Payable

For the Business Equipment & Supplies subindustry, ACCO Brands'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.

ACCO Brands's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ACCO Brands's Days Payable distribution charts can be found below:

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

ACCO Brands 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.

ACCO Brands'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
=	( (239.5	+	183.7)	/	2 )	/	1234.5	*	365
=	211.6					/	1234.5	*	365
=	62.56

ACCO Brands'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
=	( (173	+	183.7)	/	2 )	/	318.6	*	365 / 4
=	178.35					/	318.6	*	365 / 4
=	51.08

ACCO Brands Days Payable Related Terms

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

ACCO Brands (ACCO Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ACCO Brands Corp (NYSE:ACCO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

A3B:Germany

Address

Four Corporate Drive, Lake Zurich, IL, USA, 60047

Website

https://www.accobrands.com

ACCO Brands Corp designs, manufactures, and markets consumer and business products. It operates through three segments: ACCO Brands North America, ACCO Brands EMEA, and ACCO Brands International. The company offers school notebooks, janitorial supplies, and whiteboards; storage and organization products, such as three-ring and lever-arch binders, sheet protectors, and indexes, and punching products; computer accessories and others used in schools, homes, and businesses. It offers its products primarily under the AT-A-GLANCE, Five Star, GBC, Hilroy, Kensington, Quartet, Leitz, NOBO, Rapid, Rexel, Tilibra, and Wilson Jones brands. The company markets and sells its products through various channels, including mass retailers; e-tailers; discount, and variety chains; and warehouse clubs.

Executives

Paul P Daniel	officer: SVP and CIO	C/O ACCO BRANDS CORPORATION, FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Joseph B Burton	director	345 ENCINAL STREET, SANTA CRUZ CA 95060
Deborah A Oconnor	officer: EVP and CFO	C/O ACCO BRANDS CORP, FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Gregory J. Mccormack	officer: Sr. Vice Pres, Global Products	FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Roxanne M Bernstein	officer: EVP & Pres, ACCO Brands N.A.	C/O ACCO BRANDS CORPORATION, FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Boris Elisman	director, officer: Chairman, President & CEO	C/O ACCO BRANDS CORPORATION, FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Gina Boswell	director	MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Angela Y Jones	officer: SVP, Global Chief People Offic	9900 W. 109 STREET, SUITE 100, OVERLAND PARK KS 66210
Thomas W Tedford	officer: Exec VP & Pres US Office & Con	C/O ACCO BRANDS CORPORATION, FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Neal V Fenwick	officer: Executive VP and CFO	FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Pamela R Schneider	officer: Sr VP, General Counsel & Sec	C/O ACCO BRANDS CORPORATION, FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Patrick Buchenroth	officer: ExecVP, Pres ACCO Brands Intl	C/O ACCO BRANDS CORPORATION, FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Ralph Paul Hargrow	officer: Sr VP & Chief People Officer	C/O ACCO BRANDS CORPORATION, FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Ronald M. Lombardi	director	660 WHITE PLAINS RD., TARRYTOWN NY 10591
James Dudek	officer: SVP, Corp Controller and CAO	C/O RICHARDSON ELECTRONICS, LTD, PO BOX 393, 40W267 KESLINGER ROAD, LAFOX IL 60147