CDW (CDW) Days Payable

: 64.90 (As of Dec. 2023)

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CDW's average Accounts Payable for the three months ended in Dec. 2023 was $2,749 Mil. CDW's Cost of Goods Sold for the three months ended in Dec. 2023 was $3,865 Mil. Hence, CDW's Days Payable for the three months ended in Dec. 2023 was 64.90.

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

CDW' s Days Payable Range Over the Past 10 Years
Min: 24.57 Med: 40.29 Max: 62.23
Current: 60.37

During the past 13 years, CDW's highest Days Payable was 62.23. The lowest was 24.57. And the median was 40.29.

CDW's Days Payable is ranked better than
54.48% of 2522 companies
in the Software industry
Industry Median: 51.51 vs CDW: 60.37

CDW's Days Payable declined from Dec. 2022 (65.08) to Dec. 2023 (64.90). It may suggest that CDW accelerated paying its suppliers.

CDW Days Payable Historical Data

The historical data trend for CDW'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.

CDW Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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41.53

46.93

55.03

56.83

62.23

CDW 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															65.08	62.13	56.57	56.85	64.90

Competitive Comparison

For the Information Technology Services subindustry, CDW'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.

CDW Days Payable Distribution

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

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

CDW 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.

CDW'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
=	( (2821.3	+	2881)	/	2 )	/	16723.6	*	365
=	2851.15					/	16723.6	*	365
=	62.23

CDW'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
=	( (2616.7	+	2881)	/	2 )	/	3864.7	*	365 / 4
=	2748.85					/	3864.7	*	365 / 4
=	64.90

CDW Days Payable Related Terms

Thank you for viewing the detailed overview of CDW's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

CDW (CDW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CDW Corp (NAS:CDW) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CDW:Germany C1DW34:Brazil

Address

75 Tri-State International, Lincolnshire, Chicago, IL, USA, 60069

Website

https://www.cdw.com

CDW Corp is a value-added reseller operating in the U.S. (95% of sales) and Canada (5%). The company has more than 100,000 products on its line of cards that range from notebooks to data center software. Roughly half of CDW's revenue comes from midsize and large businesses, with the remaining from small businesses, government agencies, education institutions, and health-care organizations.

Executives

Christina M Corley	officer: See Remarks	780 AEC DRIVE, WOOD DALE IL 60191
Christine A Leahy	officer: See Remarks
Kelly J Grier	director	155 HARLEM AVE., GLENVIEW IL 60025
Donna F Zarcone	director	C/O HARLEY DAVIDSON, 3700 W. JUNEAU AVE, MILWAUKEE WI 53208
Marc Ellis Jones	director	C/O GARDNER DENVER HOLDINGS, INC., 222 EAST ERIE STREET, MILWAUKEE WI 53202
Carolyn Wiesenhahn	officer: See Remarks	200 N. MILWAUKEE AVENUE, VERNON HILLS IL 60061
Peter R Locy	officer: See Remarks	200 N. MILWAUKEE AVENUE, VERNON HILLS IL 60061
Miralles Albert Joseph Jr	officer: See Remarks	151 N. FRANKLIN, CHICAGO IL 60606
Paul J Finnegan	director, 10 percent owner	PO BOX 2000, 3905 DAKOTA STREET SW, ALEXANDRIA MN 56308
Kebo Collin B.	officer: See Remarks	200 N. MILWAUKEE AVENUE, VERNON HILLS IL 60061
Frederick J. Kulevich	officer: See Remarks	200 N. MILWAUKEE AVENUE, VERNON HILLS IL 60061
Sanjay Mehrotra	director	C/O WESTERN DIGITAL CORPORATION, 3355 MICHELSON DRIVE, SUITE 100, IRVINE CA 92612
Anthony R Foxx	director	2710 WYCLIFF ROAD, RALEIGH NC 27607
Ilaria Mocciaro	officer: See Remarks	2301 PATRIOT BLVD, GLENVIEW IL 60026
Matthew A. Troka	officer: See Remarks	200 N. MILWAUKEE AVENUE, VERNON HILLS IL 60061