ScanSource (ScanSource) Days Payable : 67.40 (As of Dec. 2023)

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What is ScanSource Days Payable?

ScanSource's average Accounts Payable for the three months ended in Dec. 2023 was $579 Mil. ScanSource's Cost of Goods Sold for the three months ended in Dec. 2023 was $784 Mil. Hence, ScanSource's Days Payable for the three months ended in Dec. 2023 was 67.40.

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

SCSC' s Days Payable Range Over the Past 10 Years
Min: 54.77 Med: 65.51 Max: 79.33
Current: 75.04

During the past 13 years, ScanSource's highest Days Payable was 79.33. The lowest was 54.77. And the median was 65.51.

SCSC's Days Payable is ranked better than
55.77% of 2419 companies
in the Hardware industry
Industry Median: 67.95 vs SCSC: 75.04

ScanSource's Days Payable declined from Dec. 2022 (74.33) to Dec. 2023 (67.40). It may suggest that ScanSource accelerated paying its suppliers.

ScanSource Days Payable Historical Data

The historical data trend for ScanSource'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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ScanSource Days Payable Chart

ScanSource Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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67.13

63.89

70.98

79.33

76.82

ScanSource 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															74.33	82.87	73.34	77.57	67.40

Competitive Comparison of ScanSource's Days Payable

For the Electronics & Computer Distribution subindustry, ScanSource'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.

ScanSource's Days Payable Distribution in the Hardware Industry

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

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

ScanSource 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.

ScanSource'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
=	( (714.177	+	691.119)	/	2 )	/	3338.482	*	365
=	702.648					/	3338.482	*	365
=	76.82

ScanSource'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
=	( (617.594	+	540.642)	/	2 )	/	784.044	*	365 / 4
=	579.118					/	784.044	*	365 / 4
=	67.40

ScanSource Days Payable Related Terms

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ScanSource (ScanSource) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ScanSource Inc (NAS:SCSC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SC3:Germany

Address

6 Logue Court, Greenville, SC, USA, 29615

Website

https://www.scansource.com

ScanSource Inc provides value-added services for technology manufacturers and sells to resellers in specialty technology markets. The firm's operations are organized in two segments: Specialty Technology Solutions and Modern Communications and Cloud. It generates maximum revenue from the Specialty Technology Solutions segment. The Specialty Technology Solutions segment includes the Company's business in mobility and barcode, POS, payments, security and networking technologies. Geographically, it derives a majority of revenue from the United States.

Executives

Michael L Baur	officer: President and CEO	6 LOGUE COURT, GREENVILLE SC 29615
Peter C Browning	director	GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
Brandy Ford	officer: SVP & Chief Accounting Officer	6 LOGUE COURT, GREENVILLE SC 29615
John Charles Eldh	officer: Sr. EVP & Chief Revenue Off.	6 LOGUE COURT, GREENVILLE SC 29615
Vernon J Nagel	director	1330 W. FULTON STREET, SUITE 350, CHICAGO IL 60607
Shana C Smith	officer: Sr. EVP & Chief Legal Officer	1875 EXPLORER ST SUITE 800, RESTON VA 20190
Charles R Whitchurch	director	143 FULLER LANE, WINNDKER IL 60093
Charles Alexander Mathis	officer: Vice-President & CFO	627 ISLAND PARK DRIVE, DANIEL ISLAND SC 29492
Rachel Hayden	officer: Senior Executive VP & CIO	6 LOGUE COURT, GREENVILLE SC 29615
Michael J Grainger	director	C/O INGRAM MICRO INC WORLD WIDE L, 1600 E ST ANDREW PLACE, SANTA ANA CA 92705
Stephen Jones	officer: Sr. EVP & CFO	6 LOGUE COURT, GREENVILLE SC 29615
Emory Frank Edward Jr.	director	2809 SHARON VIEW ROAD, CHARLOTTE NC 28210
Jeffrey R Rodek	director	4151 GULF SHORE BLVD N, PH2, NAPLES FL 34103
Matthew Dean	officer: VP and General Counsel	101 LEDGESTONE WAY, GREER SC 29651
Gerald Lyons	officer: SVP & Principal Acctg Officer	6 LOGUE CT., GREENVILLE SC 29615