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Walgreens Boots Alliance (Walgreens Boots Alliance) Days Payable

: 40.09 (As of Feb. 2024)
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Walgreens Boots Alliance's average Accounts Payable for the three months ended in Feb. 2024 was $13,184 Mil. Walgreens Boots Alliance's Cost of Goods Sold for the three months ended in Feb. 2024 was $30,011 Mil. Hence, Walgreens Boots Alliance's Days Payable for the three months ended in Feb. 2024 was 40.09.

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

WBA' s Days Payable Range Over the Past 10 Years
Min: 29.79   Med: 41.57   Max: 55.41
Current: 39.53

During the past 13 years, Walgreens Boots Alliance's highest Days Payable was 55.41. The lowest was 29.79. And the median was 41.57.

WBA's Days Payable is ranked worse than
66.67% of 588 companies
in the Healthcare Providers & Services industry
Industry Median: 61.55 vs WBA: 39.53

Walgreens Boots Alliance's Days Payable declined from Feb. 2023 (40.86) to Feb. 2024 (40.09). It may suggest that Walgreens Boots Alliance accelerated paying its suppliers.


Walgreens Boots Alliance Days Payable Historical Data

The historical data trend for Walgreens Boots Alliance'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.

Walgreens Boots Alliance Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 55.41 46.60 37.19 39.13 38.92

Walgreens Boots Alliance Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.86 39.17 38.88 39.97 40.09

Competitive Comparison

For the Pharmaceutical Retailers subindustry, Walgreens Boots Alliance'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.


Walgreens Boots Alliance Days Payable Distribution

For the Healthcare Providers & Services industry and Healthcare sector, Walgreens Boots Alliance's Days Payable distribution charts can be found below:

* The bar in red indicates where Walgreens Boots Alliance's Days Payable falls into.



Walgreens Boots Alliance 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.

Walgreens Boots Alliance's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

Days Payable (A: Aug. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2022 ) + Accounts Payable (A: Aug. 2023 )) / count ) / Cost of Goods Sold (A: Aug. 2023 )*Days in Period
=( (11255 + 12635) / 2 ) / 112009*365
=11945 / 112009*365
=38.92

Walgreens Boots Alliance's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

Days Payable (Q: Feb. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2023 ) + Accounts Payable (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (13593 + 12775) / 2 ) / 30011*365 / 4
=13184 / 30011*365 / 4
=40.09

* 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.


Walgreens Boots Alliance Days Payable Related Terms

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


Walgreens Boots Alliance (Walgreens Boots Alliance) Business Description

Address
108 Wilmot Road, Deerfield, IL, USA, 60015
Walgreens Boots Alliance is one of the largest retail pharmacy chains in the U.S., with over 8,500 locations. Nearly three quarters of Americans live within five miles of a Walgreens location. Roughly two thirds of revenue is generated from prescription drug sales; Walgreens makes up 20% of total prescription revenue in the U.S. Walgreens also generates sales from retail products (general wellness consumables and its own branded merchandise), European drug wholesale, and healthcare. With more locations incorporating additional services like Health Corner and Village Medical, Walgreens creates an omnichannel experience for patients and positions itself as a one-stop healthcare provider.
Executives
Nancy M Schlichting director 200 WILMOT ROAD, DEERFIELD IL 60015
Timothy C Wentworth director, officer: Chief Executive Officer C/O EXPRESS SCRIPTS HOLDING COMPANY, ONE EXPRESS WAY, ST. LOUIS MO 63121
Richard P. Gates officer: SVP, Chief Pharmacy Officer C/O WALGREENS BOOTS ALLIANCE, INC., 108 WILMOT ROAD, DEERFIELD IL 60015
Neal J. Sample officer: EVP, Chief Information Officer 200 VESEY STREET, NEW YORK NY 10285
Todd Heckman officer: Interim Global Controller C/O WALGREENS BOOTS ALLIANCE, INC., 108 WILMOT ROAD, DEERFIELD IL 60015
Polen Thomas E Jr director BECTON, DICKINSON AND COMPANY, 1 BECTON DRIVE, FRANKLIN LAKES NJ 07417
John Patrick Driscoll officer: EVP, Pres. U.S. Healthcare C/O WALGREENS BOOTS ALLIANCE, INC., 108 WILMOT ROAD, DEERFIELD IL 60015
Rosalind G Brewer director, officer: CEO C/O MOLSON COORS BREWING COMPANY, 1225 17TH STREET, SUITE 3200, DENVER CO 80202
Kevin M. Ban officer: EVP, Chief Medical Officer C/O WALGREENS BOOTS ALLIANCE, INC., 108 WILMOT ROAD, DEERFIELD IL 60015
Bryan C Hanson director ZIMMER BIOMET HOLDINGS, 345 E. MAIN STREET, WARSAW IN 46580
Henry Lee Cooper officer: EVP, Pres. Walgreens Pharmacy C/O WALGREENS BOOTS ALLIANCE, INC., 108 WILMOT ROAD, DEERFIELD IL 60015
Tracey D Brown officer: SVP, Pres., Walgreens Retail 675 AVENUE OF THE AMERICAS, 6TH FLOOR, NEW YORK NY 10010
Inderpal S Bhandari director C/O WALGREENS BOOTS ALLIANCE, INC., DEERFIELD IL 60015
Steven J Shulman director 1564 NE EXPRESSWAY, ATTN: BJ PURCELL, ATLANTA GA 30329
Holly May officer: EVP, Global Chief HR Officer 6301 FITCH PATH, NEW ALBANY OH 43054