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S&P Global (BSP:SPGI34) Days Payable

: 45.03 (As of Dec. 2023)
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S&P Global's average Accounts Payable for the three months ended in Dec. 2023 was R$2,496 Mil. S&P Global's Cost of Goods Sold for the three months ended in Dec. 2023 was R$5,057 Mil. Hence, S&P Global's Days Payable for the three months ended in Dec. 2023 was 45.03.

The historical rank and industry rank for S&P Global's Days Payable or its related term are showing as below:

BSP:SPGI34' s Days Payable Range Over the Past 10 Years
Min: 31.85   Med: 40.18   Max: 44.38
Current: 42.47

During the past 13 years, S&P Global's highest Days Payable was 44.38. The lowest was 31.85. And the median was 40.18.

BSP:SPGI34's Days Payable is ranked worse than
63.93% of 524 companies
in the Capital Markets industry
Industry Median: 94.035 vs BSP:SPGI34: 42.47

S&P Global's Days Payable increased from Dec. 2022 (37.16) to Dec. 2023 (45.03). It may suggest that S&P Global delayed paying its suppliers.


S&P Global Days Payable Historical Data

The historical data trend for S&P Global'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.

* Premium members only.

S&P Global Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.99 33.52 34.91 32.63 45.78

S&P Global Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable 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 Premium Member Only Premium Member Only Premium Member Only 37.16 38.13 43.46 42.99 45.03

Competitive Comparison

For the Financial Data & Stock Exchanges subindustry, S&P Global'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.


S&P Global Days Payable Distribution

For the Capital Markets industry and Financial Services sector, S&P Global's Days Payable distribution charts can be found below:

* The bar in red indicates where S&P Global's Days Payable falls into.



S&P Global 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.

S&P Global'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
=( (2360.43 + 2729.189) / 2 ) / 20290.072*365
=2544.8095 / 20290.072*365
=45.78

S&P Global'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
=( (2261.925 + 2729.189) / 2 ) / 5056.594*365 / 4
=2495.557 / 5056.594*365 / 4
=45.03

* 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.


S&P Global Days Payable Related Terms

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S&P Global (BSP:SPGI34) Business Description

Traded in Other Exchanges
Address
55 Water Street, New York, NY, USA, 10041
S&P Global provides data and benchmarks to capital and commodity market participants. Its ratings business is the largest credit rating agency in the world and S&P's largest segment by profitability. S&P's largest segment by revenue is market intelligence, which provides desktop, data and advisory solutions, enterprise solutions, and credit/risk solutions mostly in the financial-services industry. S&P's other segments include commodity insights (Platts and other data), mobility (Carfax), and indexes.

S&P Global (BSP:SPGI34) Headlines

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