Vertiv Holdings Co (FRA:49V) Days Payable : 83.66 (As of Mar. 2024)

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What is Vertiv Holdings Co Days Payable?

Vertiv Holdings Co's average Accounts Payable for the three months ended in Mar. 2024 was €905 Mil. Vertiv Holdings Co's Cost of Goods Sold for the three months ended in Mar. 2024 was €987 Mil. Hence, Vertiv Holdings Co's Days Payable for the three months ended in Mar. 2024 was 83.66.

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

FRA:49V' s Days Payable Range Over the Past 10 Years
Min: 46.44 Med: 81.55 Max: 83.44
Current: 77.06

During the past 8 years, Vertiv Holdings Co's highest Days Payable was 83.44. The lowest was 46.44. And the median was 81.55.

FRA:49V's Days Payable is ranked better than
50.65% of 2930 companies
in the Industrial Products industry
Industry Median: 76.275 vs FRA:49V: 77.06

Vertiv Holdings Co's Days Payable declined from Mar. 2023 (85.04) to Mar. 2024 (83.66). It may suggest that Vertiv Holdings Co accelerated paying its suppliers.

Vertiv Holdings Co Days Payable Historical Data

The historical data trend for Vertiv Holdings Co'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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Vertiv Holdings Co Days Payable Chart

Vertiv Holdings Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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46.48

80.71

80.11

81.76

Vertiv Holdings Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															85.04	74.83	76.10	74.83	83.66

Competitive Comparison of Vertiv Holdings Co's Days Payable

For the Electrical Equipment & Parts subindustry, Vertiv Holdings Co'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.

Vertiv Holdings Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vertiv Holdings Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Vertiv Holdings Co's Days Payable falls into.

Vertiv Holdings Co 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.

Vertiv Holdings Co'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
=	( (928.896	+	904.529)	/	2 )	/	4092.296	*	365
=	916.7125					/	4092.296	*	365
=	81.76

Vertiv Holdings Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (904.529	+	905.004)	/	2 )	/	986.884	*	365 / 4
=	904.7665					/	986.884	*	365 / 4
=	83.66

Vertiv Holdings Co Days Payable Related Terms

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Vertiv Holdings Co (FRA:49V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vertiv Holdings Co (FRA:49V) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

VRT:USA 49V:Germany

Address

505 N. Cleveland Ave., Westerville, OH, USA, 43082

Website

https://www.vertiv.com

Vertiv Holdings Co brings together hardware, software, analytics and ongoing services to ensure its customers' vital applications run continuously, perform optimally and grow with their business needs. The company solves the important challenges faced by data centers, communication networks and commercial and industrial facilities with a portfolio of power, cooling and IT infrastructure solutions and services that extends from the cloud to the edge of the network. Its services include critical power, thermal management, racks and enclosures, monitoring and management, and other services. Its three business segments include the Americas, Asia Pacific; and Europe, Middle East & Africa.

Vertiv Holdings Co (FRA:49V) Headlines

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