Alamo Group (Alamo Group) Days Payable

: 31.14 (As of Dec. 2023)

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Alamo Group's average Accounts Payable for the three months ended in Dec. 2023 was $105 Mil. Alamo Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $309 Mil. Hence, Alamo Group's Days Payable for the three months ended in Dec. 2023 was 31.14.

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

ALG' s Days Payable Range Over the Past 10 Years
Min: 25.13 Med: 27.89 Max: 33.01
Current: 31.07

During the past 13 years, Alamo Group's highest Days Payable was 33.01. The lowest was 25.13. And the median was 27.89.

ALG's Days Payable is ranked worse than
92.68% of 205 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 70.05 vs ALG: 31.07

Alamo Group's Days Payable declined from Dec. 2022 (31.35) to Dec. 2023 (31.14). It may suggest that Alamo Group accelerated paying its suppliers.

Alamo Group Days Payable Historical Data

The historical data trend for Alamo Group'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.

Alamo Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

29.37

33.01

32.26

31.93

29.12

Alamo Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																31.35	30.35	30.81	33.94	31.14

Competitive Comparison

For the Farm & Heavy Construction Machinery subindustry, Alamo Group'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.

Alamo Group Days Payable Distribution

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

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

Alamo Group 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.

Alamo Group'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
=	( (97.537	+	99.678)	/	2 )	/	1236.007	*	365
=	98.6075					/	1236.007	*	365
=	29.12

Alamo Group'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
=	( (110.944	+	99.678)	/	2 )	/	308.622	*	365 / 4
=	105.311					/	308.622	*	365 / 4
=	31.14

Alamo Group Days Payable Related Terms

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Alamo Group (Alamo Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Alamo Group Inc (NYSE:ALG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AL3:Germany

Address

1627 East Walnut, Seguin, TX, USA, 78155

Website

https://www.alamo-group.com

Alamo Group Inc is engaged in the design and manufacturing of agricultural equipment and infrastructure maintenance equipment. Its products include tractor-mounted mowing and other vegetation maintenance equipment, street sweepers, excavators, vacuum trucks, snow removal equipment, leaf collection equipment, pothole patchers, zero-turn radius mowers, agricultural implements, and related aftermarket parts. The company's reportable segments are Vegetation Management and Industrial Equipment. It generates a majority of its revenue from Vegetation Management. Geographically, the company generates majority of the revenue from the United States.

Executives

Richard Hodges Raborn	officer: VP & Gen Mgr Agricultural Div	1627 E. WALNUT ST., SEGUIN TX 78155
Richard J Wehrle	officer: VP and Controller	1502 EAST WALNUT, SEGIN TX 78155
Dan Edward Malone	officer: EVP & CFO	1502 E WALNUT ST, SEGUIN TX 78155
Edward Rizzuti	officer: VP & General Counsel	5550 SW MACADAM AVENUE, SUITE 200, PORTLAND OR 97239
Eric Etchart	director	ROOM F, 22F CROSS REGION PLAZA, 899 LINGLING ROAD, SHANGHAI F4 200030
Jeffery Allen Leonard	other: EVP NA Industrial Div (USA)	1627 E WALNUT ST, SEGUIN TX 78155
Robert P Bauer	director	415 HOLIDAY DRIVE, PITTSBURGH PA 15220
Nina C Grooms	director	1627 E WALNUT ST, SEGUIN TX 78155
Ronald A Robinson	director, officer: President & CEO	1627 EAST WALNUT, SEGUIN TX 78155
Janet S Pollock	officer: VP, Human Resources	1627 E WALNUT ST., SEGUIN TX 78155
Michael A Haberman	officer: EVP	1627 E WALNUT ST, SEGUIN TX 78155
Lorie Tekorius	director	ONE CENTERPOINTE DRIVE, SUITE 200, LAKE OSWEGO OR 97035
Lori L Sullivan	officer: VP, Internal Audit	1627 E WALNUT ST, SEGUIN TX 78155-5259
David W Grzelak	director	1502 E WALNUT ST, SEGUIN TX 78155
Rick Parod	director	2707 N 108TH STREET STE102, OMAHA NE 68164