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ADP (Automatic Data Processing) Days Payable : 5.23 (As of Mar. 2025)


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What is Automatic Data Processing Days Payable?

Automatic Data Processing's average Accounts Payable for the three months ended in Mar. 2025 was $166 Mil. Automatic Data Processing's Cost of Goods Sold for the three months ended in Mar. 2025 was $2,904 Mil. Hence, Automatic Data Processing's Days Payable for the three months ended in Mar. 2025 was 5.23.

The historical rank and industry rank for Automatic Data Processing's Days Payable or its related term are showing as below:

ADP' s Days Payable Range Over the Past 10 Years
Min: 3.44   Med: 5.54   Max: 9.84
Current: 4.44

During the past 13 years, Automatic Data Processing's highest Days Payable was 9.84. The lowest was 3.44. And the median was 5.54.

ADP's Days Payable is ranked worse than
96.55% of 2549 companies
in the Software industry
Industry Median: 51.77 vs ADP: 4.44

Automatic Data Processing's Days Payable increased from Mar. 2024 (2.66) to Mar. 2025 (5.23). It may suggest that Automatic Data Processing delayed paying its suppliers.


Automatic Data Processing Days Payable Historical Data

The historical data trend for Automatic Data Processing'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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Automatic Data Processing Days Payable Chart

Automatic Data Processing Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.92 5.13 4.85 3.80 3.44

Automatic Data Processing Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.66 3.21 4.26 5.52 5.23

Competitive Comparison of Automatic Data Processing's Days Payable

For the Software - Application subindustry, Automatic Data Processing'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.


Automatic Data Processing's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Automatic Data Processing's Days Payable distribution charts can be found below:

* The bar in red indicates where Automatic Data Processing's Days Payable falls into.


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Automatic Data Processing 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.

Automatic Data Processing's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

Days Payable (A: Jun. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2023 ) + Accounts Payable (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (96.8 + 100.6) / 2 ) / 10476.7*365
=98.7 / 10476.7*365
=3.44

Automatic Data Processing's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (186.4 + 146.3) / 2 ) / 2904.2*365 / 4
=166.35 / 2904.2*365 / 4
=5.23

* 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.


Automatic Data Processing Days Payable Related Terms

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Automatic Data Processing Business Description

Address
One ADP Boulevard, Roseland, NJ, USA, 07068
Automatic Data Processing is a global technology company providing cloud-based human capital management solutions enabling clients to better implement payroll, talent, time, tax, and benefits administration. Additionally, ADP provides human resource outsourcing solutions that allow customers to offload some of their traditional HR tasks. The company operates through two segments: employer services and the professional employer organization services. Employer services consists of the company's HCM products as well as a la carte HRO solutions. PEO services contains ADP's comprehensive HRO solution where it acts as a co-employer with its customer. As of fiscal 2024, ADP serves over 1.1 million clients and pays over 42 million workers across 140 countries.
Executives
Christopher D'ambrosio officer: Corp. VP ONE ADP BOULEVARD, ROSELAND NJ 07068
Brian L. Michaud officer: Corp VP ONE ADP BOULEVARD, ROSELAND NJ 07068
Michael A Bonarti officer: Staff Vice President ONE ADP BOULEVARD, ROSELAND NJ 07068
Virginia Magliulo officer: Corp VP ONE ADP BOULEVARD, ROSELAND NJ 07068
David Kwon officer: Corp VP ONE ADP BOULEVARD, ROSELAD NJ 07068
John Ayala officer: Corp. VP ONE ADP BOULEVARD, ROSELAND NJ 07068
Maria Black officer: Corp. VP ONE ADP BOULEVARD, ROSELAND NJ 07068
Joseph Desilva officer: Corp VP ONE ADP BOULEVARD, ROSELAND NJ 07068
Don Mcguire officer: Corp VP ONE ADP BOULEVARD, ROSELAND NJ 07068
Sreenivasa Kutam officer: Corp VP ONE ADP BOULEVARD, ROSELAND NJ 07068
Carlos A Rodriguez officer: Corporate Vice President 10200 SUNSET DRIVE, MIAMI FL 33173
Brock Albinson officer: Corp. VP ONE ADP BOULEVARD, ROSELAND NJ 07068
Paul Boland officer: Corp. VP ONE ADP BOULEVARD, ROSELAND NJ 07068
Donald Weinstein officer: Corporate VP ONE ADP BOULEVARD, ROSELAND NJ 07068
James T Sperduto officer: Corp VP ONE ADP BOULEVARD, ROSELAND NJ 07068