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WESCO International (FRA:WP7) Days Payable : 58.47 (As of Mar. 2024)


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What is WESCO International Days Payable?

WESCO International's average Accounts Payable for the three months ended in Mar. 2024 was €2,483 Mil. WESCO International's Cost of Goods Sold for the three months ended in Mar. 2024 was €3,875 Mil. Hence, WESCO International's Days Payable for the three months ended in Mar. 2024 was 58.47.

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

FRA:WP7' s Days Payable Range Over the Past 10 Years
Min: 43.4   Med: 44.43   Max: 55.95
Current: 55.95

During the past 13 years, WESCO International's highest Days Payable was 55.95. The lowest was 43.40. And the median was 44.43.

FRA:WP7's Days Payable is ranked better than
51.39% of 144 companies
in the Industrial Distribution industry
Industry Median: 53.645 vs FRA:WP7: 55.95

WESCO International's Days Payable increased from Mar. 2023 (57.18) to Mar. 2024 (58.47). It may suggest that WESCO International delayed paying its suppliers.


WESCO International Days Payable Historical Data

The historical data trend for WESCO International'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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WESCO International Days Payable Chart

WESCO International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.25 47.76 47.14 51.56 54.52

WESCO International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 57.18 54.13 54.40 54.50 58.47

Competitive Comparison of WESCO International's Days Payable

For the Industrial Distribution subindustry, WESCO International'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.


WESCO International's Days Payable Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, WESCO International's Days Payable distribution charts can be found below:

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



WESCO International 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.

WESCO International'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
=( (2575.421 + 2229.685) / 2 ) / 16085.555*365
=2402.553 / 16085.555*365
=54.52

WESCO International's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (2229.685 + 2736.356) / 2 ) / 3875.132*365 / 4
=2483.0205 / 3875.132*365 / 4
=58.47

* 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.


WESCO International Days Payable Related Terms

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WESCO International (FRA:WP7) Business Description

Traded in Other Exchanges
Address
225 West Station Square Drive, Suite 700, Pittsburgh, PA, USA, 15219
Wesco International is an industrial distributor that has three reportable segments, electrical and electronic solutions, communications and security solutions, and utility and broadband solutions. The company offers more than 1.5 million products to its 140,000 active customers through a distribution network of 800 branches, warehouses, and sales offices, including 43 distribution centers. Wesco generates 74% of its sales in the United States, but it has a global reach, with operations in 50 other countries.

WESCO International (FRA:WP7) Headlines

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