Mohawk Industries (Mohawk Industries) Days Payable

: 49.11 (As of Dec. 2023)

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Mohawk Industries's average Accounts Payable for the three months ended in Dec. 2023 was $1,060 Mil. Mohawk Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,970 Mil. Hence, Mohawk Industries's Days Payable for the three months ended in Dec. 2023 was 49.11.

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

MHK' s Days Payable Range Over the Past 10 Years
Min: 40.51 Med: 42.9 Max: 51.67
Current: 48.61

During the past 13 years, Mohawk Industries's highest Days Payable was 51.67. The lowest was 40.51. And the median was 42.90.

MHK's Days Payable is ranked worse than
64.53% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 66.76 vs MHK: 48.61

Mohawk Industries's Days Payable declined from Dec. 2022 (50.32) to Dec. 2023 (49.11). It may suggest that Mohawk Industries accelerated paying its suppliers.

Mohawk Industries Days Payable Historical Data

The historical data trend for Mohawk Industries'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.

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Mohawk Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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40.95

47.20

51.67

48.20

46.18

Mohawk Industries 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															50.32	48.64	49.27	49.86	49.11

Competitive Comparison

For the Furnishings, Fixtures & Appliances subindustry, Mohawk Industries'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.

Mohawk Industries Days Payable Distribution

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Mohawk Industries's Days Payable distribution charts can be found below:

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

Mohawk Industries 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.

Mohawk Industries'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
=	( (1094.038	+	1038.024)	/	2 )	/	8425.463	*	365
=	1066.031					/	8425.463	*	365
=	46.18

Mohawk Industries'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
=	( (1082.398	+	1038.024)	/	2 )	/	1969.984	*	365 / 4
=	1060.211					/	1969.984	*	365 / 4
=	49.11

Mohawk Industries Days Payable Related Terms

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Mohawk Industries (Mohawk Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Mohawk Industries Inc (NYSE:MHK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

M1HK34:Brazil

Address

160 South Industrial Boulevard, Calhoun, GA, USA, 30701

Website

https://www.mohawkind.com

Mohawk Industries Inc manufactures a wide range of flooring products, including carpets, rugs, ceramic tile, laminate, wood, luxury vinyl tile, and vinyl flooring. Its operating segments include Global Ceramic, Flooring NA, and Flooring ROW. The company generates maximum revenue from the Global Ceramic segment. Geographically, it derives a majority of its revenue from the United States.

Executives

Suzanne L Helen	other: Possible Group Member	C/O MOHAWK INDUSTRIES INC, 2001 ANTIOCH ROAD, DALTON GA 30721
Rodney David Patton	officer: General Counsel - VP	5855 RIVERMOND DRIVE, ATLANTA GA 30328
Jeffrey S Lorberbaum	director, officer: President and CEO	MOHAWK INDUSTRIES INC, P O BOX 12069, CALHOUN GA 30703
Bernard Thiers	director	NESTOR DE TIERESTRAAT 128, EINE C9 9700
Harkins William Wayne Ii	officer: CAO and Corporate Controller	160 SOUTH INDUSTRIAL BLVD, CALHOUN GA 30701
Clifford Charles Suing	officer: CAO and Corporate Controller	160 SOUTH INDUSTRIAL BLVD, CALHOUN GA 30701
Chistopher Wellborn	director, officer: President-Dal-Tile	MOHAWK INDUSTRIES INC, P O BOX 12069, CALHOUN GA 30703
Jerry W Burris	director	5500 WAYZATA BLVD., SUITE 600, GOLDEN VALLEY MN 55416
James Brunk	director, officer: Corporate Controller and CAO	251 MISTY HILL TRAIL, DALLAS GA 30132
Steven Hyosig Lee	officer: CAO and Corporate Controller	160 SOUTH INDUSTRIAL BLVD, CALHOUN GA 30701
Frank H Boykin	director, officer: Vice President-Finance & CFO	2042 OLD FORGE WAY, MARIETTA GA 30068
De Cock Paul F	officer: President-Flooring NA	ALPHONSE RENARDSTRAAT 41, ELSENE C9 1050
Filip Balcaen	director	PAULINE VAN POTTELSBERGHELAAN 10, 9051 SINT-DENIJS-WESTREM, GENT C9 9051
John Engquist	director	H&E EQUIPMENT SERVICES, 11100 MEAD ROAD, SUITE 200, BATON ROUGE LA 70816
Bruce Bruckmann	director	C/O MOHAWK INDUSTRIES INC, P O BOX 12069, CALHOUN GA 30703