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Casey's General Stores (STU:CS2) Days Payable : 20.50 (As of Jan. 2024)


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What is Casey's General Stores Days Payable?

Casey's General Stores's average Accounts Payable for the three months ended in Jan. 2024 was €524 Mil. Casey's General Stores's Cost of Goods Sold for the three months ended in Jan. 2024 was €2,334 Mil. Hence, Casey's General Stores's Days Payable for the three months ended in Jan. 2024 was 20.50.

The historical rank and industry rank for Casey's General Stores's Days Payable or its related term are showing as below:

STU:CS2' s Days Payable Range Over the Past 10 Years
Min: 13.34   Med: 15.87   Max: 17.83
Current: 17.83

During the past 13 years, Casey's General Stores's highest Days Payable was 17.83. The lowest was 13.34. And the median was 15.87.

STU:CS2's Days Payable is ranked worse than
86.76% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.77 vs STU:CS2: 17.83

Casey's General Stores's Days Payable increased from Jan. 2023 (20.40) to Jan. 2024 (20.50). It may suggest that Casey's General Stores delayed paying its suppliers.


Casey's General Stores Days Payable Historical Data

The historical data trend for Casey's General Stores'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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Casey's General Stores Days Payable Chart

Casey's General Stores Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.53 13.22 16.06 16.29 17.58

Casey's General Stores Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 20.40 18.79 17.33 16.45 20.50

Competitive Comparison of Casey's General Stores's Days Payable

For the Specialty Retail subindustry, Casey's General Stores'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.


Casey's General Stores's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Casey's General Stores's Days Payable distribution charts can be found below:

* The bar in red indicates where Casey's General Stores's Days Payable falls into.



Casey's General Stores 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.

Casey's General Stores's Days Payable for the fiscal year that ended in Apr. 2023 is calculated as

Days Payable (A: Apr. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Apr. 2022 ) + Accounts Payable (A: Apr. 2023 )) / count ) / Cost of Goods Sold (A: Apr. 2023 )*Days in Period
=( (545.213 + 511.218) / 2 ) / 10964.127*365
=528.2155 / 10964.127*365
=17.58

Casey's General Stores's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

Days Payable (Q: Jan. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2023 ) + Accounts Payable (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (569.441 + 479.148) / 2 ) / 2334.221*365 / 4
=524.2945 / 2334.221*365 / 4
=20.50

* 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.


Casey's General Stores Days Payable Related Terms

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Casey's General Stores (STU:CS2) Business Description

Traded in Other Exchanges
Address
One Se Convenience Boulevard, Ankeny, IA, USA, 50021
Casey's General Stores Inc owns and operates over 2,500 convenience stores in multiple Midwestern states of the U.S. The stores provide self-service gasoline, grocery items, and processed foods such as pizza, donuts, and sandwiches. Casey's operates its own distribution centres, delivering its in-store products and fuel supplies. The company owns of its real estate, including nearly all of the stores, distribution centres, and some of its subsidiaries' facilities. More than half of the company's stores are located in areas with populations of fewer than 5,000 people.

Casey's General Stores (STU:CS2) Headlines

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