Tractor Supply Co (WBO:TSCO) Days Payable : 56.49 (As of Mar. 2024)

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What is Tractor Supply Co Days Payable?

Tractor Supply Co's average Accounts Payable for the three months ended in Mar. 2024 was €1,238 Mil. Tractor Supply Co's Cost of Goods Sold for the three months ended in Mar. 2024 was €2,000 Mil. Hence, Tractor Supply Co's Days Payable for the three months ended in Mar. 2024 was 56.49.

The historical rank and industry rank for Tractor Supply Co's Days Payable or its related term are showing as below:

WBO:TSCO' s Days Payable Range Over the Past 10 Years
Min: 33.35 Med: 42.03 Max: 53.79
Current: 53.79

During the past 13 years, Tractor Supply Co's highest Days Payable was 53.79. The lowest was 33.35. And the median was 42.03.

WBO:TSCO's Days Payable is ranked worse than
52.59% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.77 vs WBO:TSCO: 53.79

Tractor Supply Co's Days Payable declined from Mar. 2023 (62.99) to Mar. 2024 (56.49). It may suggest that Tractor Supply Co accelerated paying its suppliers.

Tractor Supply Co Days Payable Historical Data

The historical data trend for Tractor Supply Co'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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Tractor Supply Co Days Payable Chart

Tractor Supply Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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41.58

44.71

45.60

49.06

51.25

Tractor Supply Co 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															62.99	48.14	56.26	50.56	56.49

Competitive Comparison of Tractor Supply Co's Days Payable

For the Specialty Retail subindustry, Tractor Supply Co'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.

Tractor Supply Co's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tractor Supply Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Tractor Supply Co's Days Payable falls into.

Tractor Supply Co 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.

Tractor Supply Co'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
=	( (1319.984	+	1081.879)	/	2 )	/	8553.337	*	365
=	1200.9315					/	8553.337	*	365
=	51.25

Tractor Supply Co'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
=	( (1081.879	+	1394.427)	/	2 )	/	2000.061	*	365 / 4
=	1238.153					/	2000.061	*	365 / 4
=	56.49

Tractor Supply Co Days Payable Related Terms

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Tractor Supply Co (WBO:TSCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Tractor Supply Co (WBO:TSCO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TSCO:USA TSCO1:Mexico TR4:Germany TR4:Germany T1SC34:Brazil

Address

5401 Virginia Way, Brentwood, TN, USA, 37027

Website

https://www.tractorsupply.com

Tractor Supply is the largest operator of retail farm and ranch stores in the United States. The company targets recreational farmers and ranchers and has little exposure to commercial and industrial farm operations. Currently, the company operates 2,198 of its namesake banners in 49 states, including 81 Orscheln Farm and Home stores (to be converted to Tractor Supply banners), along with 195 Petsense by Tractor Supply stores. Stores are generally concentrated in rural communities, as opposed to urban and suburban areas. In fiscal 2022, revenue consisted primarily of livestock and pet (50%), hardware, tools, and truck (19%), and seasonal gift and toy (21%).