Rush Enterprises (FRA:RUNA) Days Payable : 9.53 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Rush Enterprises Days Payable?

Rush Enterprises's average Accounts Payable for the three months ended in Dec. 2023 was €157 Mil. Rush Enterprises's Cost of Goods Sold for the three months ended in Dec. 2023 was €1,507 Mil. Hence, Rush Enterprises's Days Payable for the three months ended in Dec. 2023 was 9.53.

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

FRA:RUNA' s Days Payable Range Over the Past 10 Years
Min: 9.49 Med: 10.15 Max: 11.55
Current: 10.36

During the past 13 years, Rush Enterprises's highest Days Payable was 11.55. The lowest was 9.49. And the median was 10.15.

FRA:RUNA's Days Payable is ranked worse than
96.75% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 65.94 vs FRA:RUNA: 10.36

Rush Enterprises's Days Payable declined from Dec. 2022 (11.29) to Dec. 2023 (9.53). It may suggest that Rush Enterprises accelerated paying its suppliers.

Rush Enterprises Days Payable Historical Data

The historical data trend for Rush Enterprises'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.

Rush Enterprises Days Payable Chart

Rush Enterprises Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

9.85

12.15

10.19

9.31

9.77

Rush Enterprises 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															11.29	11.28	11.19	10.39	9.53

Competitive Comparison of Rush Enterprises's Days Payable

For the Auto & Truck Dealerships subindustry, Rush Enterprises'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.

Rush Enterprises's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Rush Enterprises's Days Payable distribution charts can be found below:

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

Rush Enterprises 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.

Rush Enterprises'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
=	( (162.101	+	148.677)	/	2 )	/	5806.383	*	365
=	155.389					/	5806.383	*	365
=	9.77

Rush Enterprises'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
=	( (165.982	+	148.677)	/	2 )	/	1506.995	*	365 / 4
=	157.3295					/	1506.995	*	365 / 4
=	9.53

Rush Enterprises Days Payable Related Terms

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

Rush Enterprises (FRA:RUNA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Rush Enterprises Inc (FRA:RUNA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

RUSHB:USA RUSHA:USA

Address

555 IH-35 South, Suite 500, New Braunfels, TX, USA, 78130

Website

https://www.rushenterprises.com

Rush Enterprises Inc is a full-service, integrated retailer of commercial vehicles and related services. The company operates in a single segment; Truck Segment includes the operation of a network of commercial vehicle dealerships under the name Rush Truck Centers. It sells commercial vehicles manufactured by Peterbilt, International, Hino, Ford, Isuzu, IC Bus, and Blue Bird and also provides one-stop service for the needs of commercial vehicle customers, including retail sales of new and used commercial vehicles, aftermarket parts sales, service and repair facilities, financing, leasing and rental, and insurance products. The company's business is concentrated in the United States commercial vehicle markets and related aftermarkets.

Rush Enterprises (FRA:RUNA) Headlines

No Headlines