GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Anixter International Inc (NYSE:AXE) » Definitions » Days Payable

Anixter International (Anixter International) Days Payable : 60.78 (As of Mar. 2020)


View and export this data going back to 1983. Start your Free Trial

What is Anixter International Days Payable?

Anixter International's average Accounts Payable for the three months ended in Mar. 2020 was $1,103 Mil. Anixter International's Cost of Goods Sold for the three months ended in Mar. 2020 was $1,655 Mil. Hence, Anixter International's Days Payable for the three months ended in Mar. 2020 was 60.78.

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

AXE's Days Payable is not ranked *
in the Industrial Distribution industry.
Industry Median: 52.1
* Ranked among companies with meaningful Days Payable only.

Anixter International's Days Payable declined from Mar. 2019 (67.08) to Mar. 2020 (60.78). It may suggest that Anixter International accelerated paying its suppliers.


Anixter International Days Payable Historical Data

The historical data trend for Anixter International'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.

Anixter International Days Payable Chart

Anixter International Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.87 57.43 59.94 65.01 62.48

Anixter International Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 67.08 59.45 63.32 60.27 60.78

Competitive Comparison of Anixter International's Days Payable

For the Industrial Distribution subindustry, Anixter International'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.


Anixter International's Days Payable Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Anixter International's Days Payable distribution charts can be found below:

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



Anixter International 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.

Anixter International's Days Payable for the fiscal year that ended in Dec. 2019 is calculated as

Days Payable (A: Dec. 2019 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2018 ) + Accounts Payable (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (1320 + 1100.3) / 2 ) / 7069.8*365
=1210.15 / 7069.8*365
=62.48

Anixter International's Days Payable for the quarter that ended in Mar. 2020 is calculated as:

Days Payable (Q: Mar. 2020 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2019 ) + Accounts Payable (Q: Mar. 2020 )) / count ) / Cost of Goods Sold (Q: Mar. 2020 )*Days in Period
=( (1100.3 + 1104.8) / 2 ) / 1655.3*365 / 4
=1102.55 / 1655.3*365 / 4
=60.78

* 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.


Anixter International Days Payable Related Terms

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


Anixter International (Anixter International) Business Description

Traded in Other Exchanges
N/A
Address
2301 Patriot Boulevard, Glenview, IL, USA, 60026
Anixter International is a leading distributor of network, security, electrical, and utility power products and services. The company has a global footprint with 316 warehouse or branch locations across 50 countries and offers 130,000 customers access to nearly 600,000 products, as well as value-added supply chain and technical services. Anixter operates three distinct businesses: network and security solutions, electrical and electronics solutions, and utility power solutions. We expect Anixter will merge with Wesco International in 2020.
Executives
Melvyn N Klein director 615 UPPER BROADWAY, STE 1940, CORPUS CHRISTI TX 78477
William Clayton Geary officer: EVP-NSS C/O ANIXTER INC., 2301 PATRIOT BLVD., GLENVIEW IL 60026
Robert J. Eck director ANIXTER INC., 2301 PATRIOT BLVD., GLENVIEW IL 60026
F Philip Handy director C/O WINTER PARK CAPITAL COMPANY, 222 S PENNSYLVANIA AVE STE 200, WINTER PARK FL 32789
Scott R Peppet director 1820 DEER VALLEY ROAD, BOULDER CO 80305
Charles M Swoboda director C/O CREE, INC., 4600 SILICON DRIVE, DURHAM NC 27703
William S Simon director 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Valarie L Sheppard director 1 PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Samuel Zell director TWO N RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Frederic F Brace director 707 W. SMUGGLER ST, ASPEN CO 81611
Linda Bynoe director 980 N. MICHIGAN AVE, SUITE 1400, CHICAGO IL 60611
George Munoz director C/O MARRIOTT INTERNATONAL INC, 10400 FERNWOOD ROAD, BETHESDA MD 20817
Ilaria Mocciaro officer: SVP-Controller, CAO 2301 PATRIOT BLVD, GLENVIEW IL 60026
Ted A Dosch officer: Executive VP-Finance & CFO C/O ANIXTER INC., 2301 S. PATRIOT BLVD., GLENVIEW IL 60026
Chai Trust Co Llc other: Member of 10% Owner Group TWO NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606