PACCAR (BSP:P1AC34) Days Payable : 57.87 (As of Dec. 2023)

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What is PACCAR Days Payable?

PACCAR's average Accounts Payable for the three months ended in Dec. 2023 was R$22,103 Mil. PACCAR's Cost of Goods Sold for the three months ended in Dec. 2023 was R$34,855 Mil. Hence, PACCAR's Days Payable for the three months ended in Dec. 2023 was 57.87.

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

BSP:P1AC34' s Days Payable Range Over the Past 10 Years
Min: 31.37 Med: 34.33 Max: 64.07
Current: 64.07

During the past 13 years, PACCAR's highest Days Payable was 64.07. The lowest was 31.37. And the median was 34.33.

BSP:P1AC34's Days Payable is ranked worse than
58.54% of 205 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 70.05 vs BSP:P1AC34: 64.07

PACCAR's Days Payable increased from Dec. 2022 (53.00) to Dec. 2023 (57.87). It may suggest that PACCAR delayed paying its suppliers.

PACCAR Days Payable Historical Data

The historical data trend for PACCAR'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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PACCAR Days Payable Chart

PACCAR Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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30.50

37.41

34.13

36.10

35.36

PACCAR 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															53.00	60.90	85.73	84.42	57.87

Competitive Comparison of PACCAR's Days Payable

For the Farm & Heavy Construction Machinery subindustry, PACCAR'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.

PACCAR's Days Payable Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, PACCAR's Days Payable distribution charts can be found below:

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

PACCAR 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.

PACCAR'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
=	( (13071.012	+	13032.978)	/	2 )	/	134729.31	*	365
=	13051.995					/	134729.31	*	365
=	35.36

PACCAR'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
=	( (31173.074	+	13032.978)	/	2 )	/	34855.218	*	365 / 4
=	22103.026					/	34855.218	*	365 / 4
=	57.87

PACCAR Days Payable Related Terms

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PACCAR (BSP:P1AC34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » PACCAR Inc (BSP:P1AC34) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PCAR:USA PAE:Germany PCAR:Austria

Address

777-106th Avenue N.E., Bellevue, WA, USA, 98004

Website

https://www.paccar.com

Paccar is a leading manufacturer of medium- and heavy-duty trucks under the premium brands Kenworth and Peterbilt, which are primarily sold in the NAFTA region and Australia, and DAF trucks, which are sold in Europe and South America. The company's trucks are sold through over 2,300 independent dealers globally. Paccar Financial Services provides retail and wholesale financing for customers and dealers, respectively. The company commands approximately 30% of the Class 8 market share in North America and 17% of the heavy-duty market share in Europe.

PACCAR (BSP:P1AC34) Headlines

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