Sysco (LTS:0LC6) Days Payable

: 33.36 (As of Dec. 2023)

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Sysco's average Accounts Payable for the three months ended in Dec. 2023 was $5,767 Mil. Sysco's Cost of Goods Sold for the three months ended in Dec. 2023 was $15,774 Mil. Hence, Sysco's Days Payable for the three months ended in Dec. 2023 was 33.36.

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

LTS:0LC6' s Days Payable Range Over the Past 10 Years
Min: 25.04 Med: 31.37 Max: 36.25
Current: 33.34

During the past 13 years, Sysco's highest Days Payable was 36.25. The lowest was 25.04. And the median was 31.37.

LTS:0LC6's Days Payable is ranked worse than
67.31% of 309 companies
in the Retail - Defensive industry
Industry Median: 44.58 vs LTS:0LC6: 33.34

Sysco's Days Payable declined from Dec. 2022 (34.23) to Dec. 2023 (33.36). It may suggest that Sysco accelerated paying its suppliers.

Sysco Days Payable Historical Data

The historical data trend for Sysco'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.

Sysco Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

31.67

32.95

36.25

34.47

Sysco Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																34.23	33.45	33.92	33.77	33.36

Competitive Comparison

For the Food Distribution subindustry, Sysco'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.

Sysco Days Payable Distribution

For the Retail - Defensive industry and Consumer Defensive sector, Sysco's Days Payable distribution charts can be found below:

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

Sysco 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.

Sysco's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (5752.958	+	6025.757)	/	2 )	/	62369.678	*	365
=	5889.3575					/	62369.678	*	365
=	34.47

Sysco'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
=	( (5796.398	+	5737.726)	/	2 )	/	15774.309	*	365 / 4
=	5767.062					/	15774.309	*	365 / 4
=	33.36

Sysco Days Payable Related Terms

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Sysco (LTS:0LC6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Sysco Corp (LTS:0LC6) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SYY:USA SYY:Germany SYY:Germany SYY:Germany SYY:Argentina

Address

1390 Enclave Parkway, Houston, TX, USA, 77077-2099

Website

https://www.sysco.com

Sysco is the largest U.S. foodservice distributor with 17% share of the highly fragmented $350 billion domestic market. Sysco distributes roughly 500,000 food and nonfood products to restaurants (62% of fiscal 2023 revenue), education and government buildings (8%), travel and leisure (8%), healthcare facilities (7%) and other locations (15%) where individuals consume away-from-home meals. In fiscal 2023, 70% of the firm's revenue was derived from its U.S. foodservice operations, while its international (18%), quick-service logistics (10%), and other (2%) segments made up the difference.

Sysco (LTS:0LC6) Headlines

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