Arthur J. Gallagher (Arthur J. Gallagher) Days Payable

: 0.00 (As of Dec. 2023)

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Arthur J. Gallagher's average Accounts Payable for the three months ended in Dec. 2023 was $0 Mil. Arthur J. Gallagher's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,467 Mil. Hence, Arthur J. Gallagher's Days Payable for the three months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Arthur J. Gallagher's Days Payable or its related term are showing as below:

AJG' s Days Payable Range Over the Past 10 Years
Min: 262.85 Med: 424.73 Max: 1199.07
Current: 1189.34

During the past 13 years, Arthur J. Gallagher's highest Days Payable was 1199.07. The lowest was 262.85. And the median was 424.73.

AJG's Days Payable is ranked better than
91.67% of 48 companies
in the Insurance industry
Industry Median: 57.26 vs AJG: 1189.34

Arthur J. Gallagher's Days Payable declined from Dec. 2022 (1,434.15) to Dec. 2023 (0.00). It may suggest that Arthur J. Gallagher accelerated paying its suppliers.

Arthur J. Gallagher Days Payable Historical Data

The historical data trend for Arthur J. Gallagher'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.

Arthur J. Gallagher Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

456.68

573.14

754.25

1,199.07

1,171.33

Arthur J. Gallagher Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																1,434.15	1,177.75	-	-	-

Competitive Comparison

For the Insurance Brokers subindustry, Arthur J. Gallagher'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.

Arthur J. Gallagher Days Payable Distribution

For the Insurance industry and Financial Services sector, Arthur J. Gallagher's Days Payable distribution charts can be found below:

* The bar in red indicates where Arthur J. Gallagher's Days Payable falls into.

Arthur J. Gallagher 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.

Arthur J. Gallagher'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
=	( (18698.2	+	0)	/	1 )	/	5826.6	*	365
=	18698.2					/	5826.6	*	365
=	1,171.33

Arthur J. Gallagher'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
=	( (0	+	0)	/	1 )	/	1467	*	365 / 4
=	0					/	1467	*	365 / 4
=	0.00

Arthur J. Gallagher Days Payable Related Terms

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Arthur J. Gallagher (Arthur J. Gallagher) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Arthur J. Gallagher & Co (NYSE:AJG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AJG:Mexico GAH:Germany GAH:Germany

Address

2850 Golf Road, Rolling Meadows, IL, USA, 60008-4050

Website

https://investor.ajg.com

Arthur J. Gallagher & Co provides insurance brokerage and consulting services to middle-market entities around the world. The majority of the company's revenue comes from its brokerage segment, where it negotiates and places its customers with insurance companies that provide, among other types, property/casualty and health insurance. The company's primary source of revenue in the brokerage segment is commissioning from the insurance companies. The company also generates significant revenue in its corporate segment, which includes clean energy investment and other investment income. The company generates most of its revenue in the United States, with the remaining revenue coming primarily from Australia, Bermuda, Canada, the Caribbean, New Zealand, and the United Kingdom.

Executives

Douglas K Howell	officer: Vice President and Chief	ARTHUR J. GALLAGHER & CO., TWO PIERCE PLACE, ITASCA IL 60143
William F Ziebell	officer: VICE PRESIDENT	2 PIERCE PLACE, ITASCA IL 60143
Christopher E Mead	officer: VICE PRESIDENT	2850 GOLF ROAD, ROLLING MEADOWS IL 60008
Joel D Cavaness	officer: Vice President	2 PIERCE PLACE, ITASCA IL 60143
David S Johnson	director	C/O ARTHUR J. GALLAGHER & CO., TWO PIERCE PLACE, ITASCA IL 60143
Walter D. Bay	officer: VICE PRESIDENT, SECRETARY AND	1011 ELM STREET, WINNETKA IL 60093
Richard C Cary	officer: Controller	C/O ARTHUR J. GALLAGHER & CO., TWO PIERCE PLACE, ITASCA IL 60143
Sherry S Barrat	director	C/O NEXTERA ENERGY, INC., 700 UNIVERSE BLVD, JUNO BEACH FL 33408
Susan E Mcgrath	other: Vice President	C/O ARTHUR J. GALLAGHER & CO., TWO PIERCE PLACE, ITASCA IL 60143
Kay W Mccurdy	director	C/O ARTHUR J. GALLAGHER & CO., TWO PIERCE PLACE, ITASCA IL 60143
Patrick Murphy Gallagher	officer: Vice President	2850 GOLF ROAD, ROLLING MEADOWS IL 60008
Scott R Hudson	officer: CORPORATE VP	C/O ARTHUR J. GALLAGHER & CO., TWO PIERCE PLACE, ITASCA IL 60143
William L Bax	director	TWO PIERCE PLACE, C/O ARTHUR J. GALLAGHER & CO., ITASCA IL 60143
Mark H. Bloom	officer: Vice President	8200 JONES BRANCH DRIVE, MCLEAN VA 22102
Gallagher J Patrick Jr	director, officer: President & CEO	C/O ARTHUR J. GALLAGHER & CO., TWO PIERCE PLACE, ITASCA IL 60143