Genuine Parts Co (Genuine Parts Co) Days Payable : 138.08 (As of Mar. 2024)

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What is Genuine Parts Co Days Payable?

Genuine Parts Co's average Accounts Payable for the three months ended in Mar. 2024 was $5,613 Mil. Genuine Parts Co's Cost of Goods Sold for the three months ended in Mar. 2024 was $3,709 Mil. Hence, Genuine Parts Co's Days Payable for the three months ended in Mar. 2024 was 138.08.

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

GPC' s Days Payable Range Over the Past 10 Years
Min: 81.92 Med: 123.71 Max: 138.31
Current: 138.31

During the past 13 years, Genuine Parts Co's highest Days Payable was 138.31. The lowest was 81.92. And the median was 123.71.

GPC's Days Payable is ranked better than
85% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.94 vs GPC: 138.31

Genuine Parts Co's Days Payable increased from Mar. 2023 (135.40) to Mar. 2024 (138.08). It may suggest that Genuine Parts Co delayed paying its suppliers.

Genuine Parts Co Days Payable Historical Data

The historical data trend for Genuine Parts Co'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.

Genuine Parts Co Days Payable Chart

Genuine Parts Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

124.31

135.44

133.23

130.45

135.10

Genuine Parts Co 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															135.40	135.75	135.78	141.09	138.08

Competitive Comparison of Genuine Parts Co's Days Payable

For the Specialty Retail subindustry, Genuine Parts Co'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.

Genuine Parts Co's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Genuine Parts Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Genuine Parts Co's Days Payable falls into.

Genuine Parts Co 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.

Genuine Parts Co'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
=	( (5456.55	+	5499.536)	/	2 )	/	14799.938	*	365
=	5478.043					/	14799.938	*	365
=	135.10

Genuine Parts Co'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
=	( (5499.536	+	5725.745)	/	2 )	/	3708.976	*	365 / 4
=	5612.6405					/	3708.976	*	365 / 4
=	138.08

Genuine Parts Co Days Payable Related Terms

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Genuine Parts Co (Genuine Parts Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Genuine Parts Co (NYSE:GPC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GPT:Germany GPT:Germany

Address

2999 Wildwood Parkway, Atlanta, GA, USA, 30339

Website

https://www.genpt.com

Genuine Parts sells automotive parts (nearly two thirds of net sales) and industrial components. The company sells car and truck parts to commercial and retail customers through roughly 9,800 stores worldwide, most of which are independently owned. Its industrial unit, primarily operating under the Motion Industries banner in the United States, supplies bearings, power transmission, industrial automation, hydraulic, and pneumatic components to maintenance, repair, and original equipment manufacturer clients.

Executives

Gary P Fayard	director	ONE COCA COLA PLAZA, ATLANTA GA 30313
John D Johns	director	PO BOX 2606, BIRMINGHAM AL 35202
Juliette Williams Pryor	director	1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
John R Holder	director	999 PEACHTREE ST NE, SUITE 688, ATLANTA GA 30309
Donna Westbrook Hyland	director	3344 PEACHTREE ROAD NE STE 1800, ATLANTA GA 30326
Paul Russell Hardin	director	2999 WILDWOOD PARKWAY SE, ATLANTA GA 30339
Richard Jr Cox	director	2999 WILDWOOD PARKWAY, ATLANTA GA 30339
Paul D Donahue	director, officer: Chairman and CEO	214 N TRYON STREET, CHARLOTTE NC 28202
Loudermilk Robert C Jr	director	309 E. PACES FERRY RD N.E., ATLANTA GA 30305-2377
Darren M Rebelez	director	1722 ROUTH STREET, SUITE 1000, DALLAS TX 75201-2502
Randall P Breaux	officer: Group President, GPC N.A.	5711 R S BOREHAM JR ST, P O BOX 2400, FORT SMITH AR 72902
Naveen Krishna	officer: EVP, CIDO	2999 WILDWOOD PKWY, ATLANTA GA 30339
Wendy B Needham	director	2999 CIRCLE 75 PRKWAY, ATLANTA GA 30339
Christopher T Galla	officer: SVP and General Counsel	2999 WILDWOOD PKWY, ATLANTA GA 30339
Wood E Jenner Iii	director	SUNTRUST BANKS INC, P O BOX 4418 MC643, ATLANTA GA 30302