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ADT (ADT) Days Payable : 113.42 (As of Dec. 2023)


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What is ADT Days Payable?

ADT's average Accounts Payable for the three months ended in Dec. 2023 was $285 Mil. ADT's Cost of Goods Sold for the three months ended in Dec. 2023 was $229 Mil. Hence, ADT's Days Payable for the three months ended in Dec. 2023 was 113.42.

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

ADT' s Days Payable Range Over the Past 10 Years
Min: 30.96   Med: 71.69   Max: 188.12
Current: 87.8

During the past 10 years, ADT's highest Days Payable was 188.12. The lowest was 30.96. And the median was 71.69.

ADT's Days Payable is ranked better than
71.24% of 925 companies
in the Business Services industry
Industry Median: 47.39 vs ADT: 87.80

ADT's Days Payable declined from Dec. 2022 (135.70) to Dec. 2023 (113.42). It may suggest that ADT accelerated paying its suppliers.


ADT Days Payable Historical Data

The historical data trend for ADT'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.

ADT Days Payable Chart

ADT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.82 67.82 188.12 135.73 128.80

ADT 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 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 135.70 72.39 72.91 125.39 113.42

Competitive Comparison of ADT's Days Payable

For the Security & Protection Services subindustry, ADT'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.


ADT's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ADT's Days Payable distribution charts can be found below:

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



ADT 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.

ADT'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
=( (417.86 + 293.883) / 2 ) / 1008.466*365
=355.8715 / 1008.466*365
=128.80

ADT'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
=( (275.557 + 293.883) / 2 ) / 229.07*365 / 4
=284.72 / 229.07*365 / 4
=113.42

* 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.


ADT Days Payable Related Terms

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


ADT (ADT) Business Description

Traded in Other Exchanges
Address
1501 Yamato Road, Boca Raton, FL, USA, 33431
ADT Inc is a provider of monitored security, interactive home and business automation, and related monitoring services in the United States and Canada. It offers residential, commercial, and multi-site customers a comprehensive set of burglary, video, access control, fire and smoke alarm, and medical alert solutions. The company segments include Consumer and Small Business (CSB), Commercial, and Solar. It generates maximum revenue from the Commercial segment.
Executives
David A. Scott officer: EVP, Chief People & Admin. Off 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Marques Coleman director 1501 YAMATO ROAD, BOCA RATON FL 33431
Nicole Bonsignore director 1501 YAMATO ROAD, BOCA RATON FL 33431
Wayne Thorsen officer: EVP, Chief Business Officer 3892 RONDA ROAD, PEBBLE BEACH CA 93953
Delu Jackson officer: EVP, Chief Marketing Officer 650 TENNIS CLUB DRIVE, APT. L107, FORT LAUDERDALE FL 33311
Jamie Elizabeth Haenggi officer: SVP, Chief Sales & Mktg. Off. 1501 YAMATO ROAD, BOCA RATON FL 33431
Kenneth Porpora officer: SVP, Chief Growth Officer 1501 YAMATO ROAD, BOCA RATON FL 33431
James David Devries officer: President ALLSTATE INSURANCE COMPANY, 2775 SANDERS ROAD, NORTHBROOK IL 60062
Donald M. Young officer: SVP & Chief Info Off. 1501 YAMATO ROAD, BOCA RATON FL 33431
David W Smail officer: EVP, CLO and Secretary 1501 YAMATO ROAD, BOCA RATON FL 33431
Daniel Bresingham officer: EVP, Chief Admin. Off. & Treas 1501 YAMATO ROAD, BOCA RATON FL 33431
State Farm Mutual Automobile Insurance Co 10 percent owner ONE STATE FARM PLAZA, BLOOMINGTON IL 61710
Paul Joseph Smith director ONE STATE FARM PLAZA E-12, BLOOMINGTON IL 61710-0001
Lewis William M Jr director 9 WEST 57TH STREET, NEW YORK NY 10019
Benjamin Honig director 1501 YAMATO ROAD, BOCA RATON FL 33431