Arrow Electronics (Arrow Electronics) Days Payable : 127.44 (As of Dec. 2023)

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What is Arrow Electronics Days Payable?

Arrow Electronics's average Accounts Payable for the three months ended in Dec. 2023 was $9,580 Mil. Arrow Electronics's Cost of Goods Sold for the three months ended in Dec. 2023 was $6,860 Mil. Hence, Arrow Electronics's Days Payable for the three months ended in Dec. 2023 was 127.44.

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

ARW' s Days Payable Range Over the Past 10 Years
Min: 87.96 Med: 102.83 Max: 129.39
Current: 119.94

During the past 13 years, Arrow Electronics's highest Days Payable was 129.39. The lowest was 87.96. And the median was 102.83.

ARW's Days Payable is ranked better than
77.74% of 2421 companies
in the Hardware industry
Industry Median: 67.76 vs ARW: 119.94

Arrow Electronics's Days Payable increased from Dec. 2022 (112.42) to Dec. 2023 (127.44). It may suggest that Arrow Electronics delayed paying its suppliers.

Arrow Electronics Days Payable Historical Data

The historical data trend for Arrow Electronics'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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Arrow Electronics Days Payable Chart

Arrow Electronics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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104.56

107.31

105.82

113.48

129.39

Arrow Electronics 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															112.42	116.34	110.00	117.33	127.44

Competitive Comparison of Arrow Electronics's Days Payable

For the Electronics & Computer Distribution subindustry, Arrow Electronics'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.

Arrow Electronics's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Arrow Electronics's Days Payable distribution charts can be found below:

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

Arrow Electronics 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.

Arrow Electronics'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
=	( (10460.419	+	10070.015)	/	2 )	/	28958.102	*	365
=	10265.217					/	28958.102	*	365
=	129.39

Arrow Electronics'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
=	( (9090.554	+	10070.015)	/	2 )	/	6859.607	*	365 / 4
=	9580.2845					/	6859.607	*	365 / 4
=	127.44

Arrow Electronics Days Payable Related Terms

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Arrow Electronics (Arrow Electronics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Arrow Electronics Inc (NYSE:ARW) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ARW:Germany

Address

9201 East Dry Creek Road, Centennial, CO, USA, 80112

Website

https://investor.arrow.com

Arrow Electronics Inc. is a provider of products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions. It has one of the world's broadest portfolios of product offerings available from electronic components and enterprise computing solutions suppliers, coupled with a range of services, solutions, and software, the company helps industrial and commercial customers introduce products, reduce their time to market, and enhance their overall competitiveness. The company has two business segments, the components business and the enterprise computing solutions.

Executives

Richard John Marano	officer: President, Global Components	9201 E DRY CREEK ROAD, CENTENNIAL CO 80112
Gail Hamilton	director	20330 STEVENS CREEK BLVD., CUPERTINO CA 95014
Kirk Schell	officer: President, Global Components	9201 E DRY CREEK ROAD, CENTENNIAL CO 80112
Gretchen Zech	officer: SVP, Global Human Resources	9201 E DRY CREEK RD, CENTENNIAL CO 80112
Andrew Charles Kerin	director	C/O ARAMARK CORPORATION, 1101 MARKET STREET, PHILADELPHIA PA 19107
Mary T Mcdowell	director
Michael J Long	director, officer: Chairman, President & CEO	9201 EAST DRY CREEK ROAD, CENTENNIAL CO 80112
Kristin Diana Russell	officer: President, Global ECS	9201 E. DRY CREEK RD., CENTENNIAL CO 80112
Vincent P Melvin	officer: Chief Information Officer	ARROW ELECTRONICS, INC., 9201 EAST DRY CREEK ROAD, CENTENNIAL CO 80112
Rajesh K. Agrawal	officer: SVP, Chief Financial Officer	9201 E. DRY CREEK RD., CENTENNIAL CO 80112
Carine Lamercie Jean-claude	officer: SVP, Chief Legal Officer	9201 E. DRY CREEK RD., CENTENNIAL CO 80112
David Alan West	officer: President, Global Components	9201 E. DRY CREEK RD., CENTENNIAL CO 80112
Christopher Stansbury	officer: SVP & Chief Financial Officer	C/O ARROW ELECTRONICS, INC, 9201 EAST DRY CREEK ROAD, CENTENNIAL CO 80112
Charles Ii Kostalnick	officer: Chief Supply Chain Officer	2700 NORTH FIRST STREET, SAN JOSE CA 95134
Carol P Lowe	director	4311 BEULAH CHURCH ROAD, WEDDINGTON NC 28104