Norfolk Southern (Norfolk Southern) Days Payable

: 57.05 (As of Dec. 2023)

View and export this data going back to 1982. Start your Free Trial

Norfolk Southern's average Accounts Payable for the three months ended in Dec. 2023 was $1,248 Mil. Norfolk Southern's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,996 Mil. Hence, Norfolk Southern's Days Payable for the three months ended in Dec. 2023 was 57.05.

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

NSC' s Days Payable Range Over the Past 10 Years
Min: 34.51 Med: 39.12 Max: 56.15
Current: 56.15

During the past 13 years, Norfolk Southern's highest Days Payable was 56.15. The lowest was 34.51. And the median was 39.12.

NSC's Days Payable is ranked better than
66.06% of 934 companies
in the Transportation industry
Industry Median: 39.565 vs NSC: 56.15

Norfolk Southern's Days Payable increased from Dec. 2022 (52.31) to Dec. 2023 (57.05). It may suggest that Norfolk Southern delayed paying its suppliers.

Norfolk Southern Days Payable Historical Data

The historical data trend for Norfolk Southern'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.

Norfolk Southern Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

40.71

38.24

39.99

37.98

40.40

Norfolk Southern Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																52.31	48.34	66.60	68.52	57.05

Competitive Comparison

For the Railroads subindustry, Norfolk Southern'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.

Norfolk Southern Days Payable Distribution

For the Transportation industry and Industrials sector, Norfolk Southern's Days Payable distribution charts can be found below:

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

Norfolk Southern 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.

Norfolk Southern'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
=	( (712	+	997)	/	2 )	/	7721	*	365
=	854.5					/	7721	*	365
=	40.40

Norfolk Southern'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
=	( (1499	+	997)	/	2 )	/	1996	*	365 / 4
=	1248					/	1996	*	365 / 4
=	57.05

Norfolk Southern Days Payable Related Terms

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

Norfolk Southern (Norfolk Southern) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Norfolk Southern Corp (NYSE:NSC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

NSC:Mexico NFS:Germany NFS:Germany N1SC34:Brazil NSCO:Austria

Address

650 West Peachtree Street NW, Atlanta, GA, USA, 30308

Website

http://www.norfolksouthern.com

Class-I railroad Norfolk Southern operates in the Eastern United States. On more than 20,000 miles of track, the firm hauls shipments of coal, intermodal traffic, and a diverse mix of automobile, agriculture, metal, chemical, and forest products.

Executives

Phillip S Davidson	director	825 TOWN & COUNTRY LANE, SUITE 1500, HOUSTON TX 77024
Francesca A. Debiase	director	MCDONALD'S CORPORATION, 110 NORTH CARPENTER STREET, CHICAGO IL 60607
Alan H. Shaw	officer: EVP & Chief Marketing Officer	650 W PEACHTREE ST NW, ATLANTA GA 30308
Paul B Duncan	officer: EVP & Chief Operating Officer	650 W PEACHTREE ST NW, ATLANTA GA 30308
James A Squires	officer: Sr. V.P. - Law	650 W PEACHTREE ST NW, ATLANTA GA 30308
Steven F Leer	director	USG CORPORATION, 125 SOUTH FRANKLIN STREET, CHICAGO IL 60606
Nabanita C Nag	officer: SVP and Chief Legal Officer	650 W PEACHTREE ST NW, ATLANTA GA 30308
Claiborne L Moore	officer: Vice President and Controller	650 W PEACHTREE ST NW, ATLANTA GA 30308
Lorri J Kleine	officer: SVP & Chief Legal Officer	650 W PEACHTREE ST NW, ATLANTA GA 30308
Claude E Elkins	officer: EVP & Chief Marketing Officer	650 W. PEACHTREE ST, NW, ATLANTA GA 30308
Allison Clyde H Jr	officer: Vice President and Controller	650 W PEACHTREE ST NW, ATLANTA GA 30308
Ann A Adams	officer: EVP-Chief Transform. Officer	650 W PEACHTREE ST NW, ATLANTA GA 30308
Cynthia M Sanborn	officer: EVP & Chief Operating Officer	650 W PEACHTREE ST NW, ATLANTA GA 30308
Michael Joseph Wheeler	officer: Sr. Vice President Operations	THREE COMMERCIAL PLACE, 13TH FLOOR, NORFOLK VA 23510
Christopher T Jones	director	2980 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042