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GuruFocus has detected 3 Warning Signs with Genuine Parts Co $GPC.
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Genuine Parts Co (NYSE:GPC)
Days Payable
105.37 (As of Jun. 2017)

Genuine Parts Co's payable for the three months ended in Jun. 2017 was $3,303 Mil. Genuine Parts Co's cost of goods sold for the three months ended in Jun. 2017 was $2,860 Mil. Hence, Genuine Parts Co's days payable for the three months ended in Jun. 2017 was 105.37.

GPC' s Days Payable Range Over the Past 10 Years
Min: 47.38   Max: 109.57
Current: 109.57

47.38
109.57

During the past 13 years, Genuine Parts Co's highest Days Payable was 109.57. The lowest was 47.38. And the median was 64.78.

GPC's Days Payable is ranked higher than
85% of the 701 Companies
in the Global Specialty Retail industry.

( Industry Median: 50.04 vs. GPC: 109.57 )

Genuine Parts Co's days payable increased from Jun. 2016 (102.65) to Jun. 2017 (105.37). It may suggest that Genuine Parts Co delayed paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Genuine Parts Co's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=3081.111/10740.106*365
=104.71

Genuine Parts Co's Days Payable for the quarter that ended in Jun. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=3302.969/2860.466*365 / 4
=105.37

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Genuine Parts Co Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 47.3847.5856.6863.0959.4066.4784.0486.7696.03104.71

Genuine Parts Co Quarterly Data

Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17Jun17
DaysPayable 90.7490.6394.5199.55103.38102.65103.10106.14107.21105.37
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