Hillenbrand (Hillenbrand) Days Payable

: 76.31 (As of Dec. 2023)

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Hillenbrand's average Accounts Payable for the three months ended in Dec. 2023 was $437 Mil. Hillenbrand's Cost of Goods Sold for the three months ended in Dec. 2023 was $522 Mil. Hence, Hillenbrand's Days Payable for the three months ended in Dec. 2023 was 76.31.

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

HI' s Days Payable Range Over the Past 10 Years
Min: 45.26 Med: 60.51 Max: 86.14
Current: 78.14

During the past 13 years, Hillenbrand's highest Days Payable was 86.14. The lowest was 45.26. And the median was 60.51.

HI's Days Payable is ranked better than
51.42% of 2929 companies
in the Industrial Products industry
Industry Median: 75.86 vs HI: 78.14

Hillenbrand's Days Payable declined from Dec. 2022 (78.23) to Dec. 2023 (76.31). It may suggest that Hillenbrand accelerated paying its suppliers.

Hillenbrand Days Payable Historical Data

The historical data trend for Hillenbrand'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.

Hillenbrand Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

65.54

53.57

76.54

86.14

79.94

Hillenbrand Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																78.23	80.09	79.20	78.65	76.31

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Hillenbrand'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.

Hillenbrand Days Payable Distribution

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

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

Hillenbrand 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.

Hillenbrand's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (371	+	451.5)	/	2 )	/	1877.8	*	365
=	411.25					/	1877.8	*	365
=	79.94

Hillenbrand'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
=	( (451.5	+	422.1)	/	2 )	/	522.3	*	365 / 4
=	436.8					/	522.3	*	365 / 4
=	76.31

Hillenbrand Days Payable Related Terms

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Hillenbrand (Hillenbrand) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hillenbrand Inc (NYSE:HI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

9HI:Germany

Address

One Batesville Boulevard, Batesville, IN, USA, 47006

Website

https://www.hillenbrand.com

Hillenbrand Inc is a U.S.-based company that operates through three segments. The Advanced Process Solutions segment designs, develops, manufactures, and services engineered industrial equipment. The Molding Technology Solutions segment offers engineered and customized systems in plastic technology and processing. Batesville designs provides, and markets funeral services and solutions.

Executives

Daniel C. Hillenbrand	director	ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Robert M Vanhimbergen	officer: Sr VP, Chief Financial Officer	ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Kimberly K Ryan	officer: Senior Vice President	ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Helen W Cornell	director	1800 GARDNER EXPRESSWAY, QUINCY IL 62305
Tamara Morytko	officer: Sr. VP and President MTS	1250 NE LOOP 410, SUITE 1000, SAN ANTONIO TX 78209
Carole Anne Phillips	officer: See Remarks	6365 BIRDIE CIRCLE, GRAYLING MI 49738
J Michael Whitted	officer: Sr. VP Strategy & Corp Dev	ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Ling An-heid	officer: Senior Vice President	ONE BATESVILLE BLVD., BATESVILLE IN 47006
Megan A Walke	officer: VP, CAO	ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Ulrich Bartel	officer: Senior Vice President	HILLENBRAND, INC., 1 BATESVILLE BOULEVARD, BATESVILLE IN 47006
Christopher H Trainor	officer: Sr. Vice President	ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Inderpreet Sawhney	director	HILLENBRAND, INC., 1 BATESVILLE BOULEVARD, BATESVILLE IN 47006
Neil S Novich	director	RYERSON LTULL INC, 2621 W 15TH PLACE, CHICAGO IL 60603
Bhavik N. Soni	officer: VP & Chief Information Officer	ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Michael D Prado	officer: VP, Global Supply Management	ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006