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The Home Depot (BUE:HD) Days Payable

: 29.41 (As of Jan. 2024)
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The Home Depot's average Accounts Payable for the three months ended in Jan. 2024 was ARS6,065,856 Mil. The Home Depot's Cost of Goods Sold for the three months ended in Jan. 2024 was ARS18,819,099 Mil. Hence, The Home Depot's Days Payable for the three months ended in Jan. 2024 was 29.41.

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

BUE:HD' s Days Payable Range Over the Past 10 Years
Min: 38.53   Med: 39.05   Max: 45.6
Current: 41.41

During the past 13 years, The Home Depot's highest Days Payable was 45.60. The lowest was 38.53. And the median was 39.05.

BUE:HD's Days Payable is ranked worse than
63.06% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.675 vs BUE:HD: 41.41

The Home Depot's Days Payable declined from Jan. 2023 (41.56) to Jan. 2024 (29.41). It may suggest that The Home Depot accelerated paying its suppliers.


The Home Depot Days Payable Historical Data

The historical data trend for The Home Depot'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.

The Home Depot Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.80 35.87 41.78 33.59 22.50

The Home Depot Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 41.56 44.47 33.01 37.19 29.41

Competitive Comparison

For the Home Improvement Retail subindustry, The Home Depot'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.


The Home Depot Days Payable Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, The Home Depot's Days Payable distribution charts can be found below:

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



The Home Depot 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.

The Home Depot's Days Payable for the fiscal year that ended in Jan. 2024 is calculated as

Days Payable (A: Jan. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jan. 2023 ) + Accounts Payable (A: Jan. 2024 )) / count ) / Cost of Goods Sold (A: Jan. 2024 )*Days in Period
=( (2023681.334 + 8114412.488) / 2 ) / 82226639.413*365
=5069046.911 / 82226639.413*365
=22.50

The Home Depot'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
=( (4017299.94 + 8114412.488) / 2 ) / 18819098.725*365 / 4
=6065856.214 / 18819098.725*365 / 4
=29.41

* 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.


The Home Depot Days Payable Related Terms

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The Home Depot (BUE:HD) Business Description

Address
2455 Paces Ferry Road, Atlanta, GA, USA, 30339
Home Depot is the world's largest home improvement specialty retailer, operating more than 2,300 warehouse-format stores offering more than 30,000 products in store and 1 million products online in the United States, Canada, and Mexico. Its stores offer numerous building materials, home improvement products, lawn and garden products, and decor products and provide various services, including home improvement installation services and tool and equipment rentals. The acquisition of distributor Interline Brands in 2015 allowed Home Depot to enter the maintenance, repair, and operations business, which has been expanded through the tie-up with HD Supply (2020). Moreover, the additions of the Company Store brought textile exposure to the lineup, while Redi Carpet added multifamily flooring.