GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » AutoZone Inc (NYSE:AZO) » Definitions » Days Payable

AZO (AutoZone) Days Payable : 338.75 (As of May. 2025)


View and export this data going back to 1991. Start your Free Trial

What is AutoZone Days Payable?

AutoZone's average Accounts Payable for the three months ended in May. 2025 was $7,836 Mil. AutoZone's Cost of Goods Sold for the three months ended in May. 2025 was $2,111 Mil. Hence, AutoZone's Days Payable for the three months ended in May. 2025 was 338.75.

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

AZO' s Days Payable Range Over the Past 10 Years
Min: 280.62   Med: 302.33   Max: 315.58
Current: 311.06

During the past 13 years, AutoZone's highest Days Payable was 315.58. The lowest was 280.62. And the median was 302.33.

AZO's Days Payable is ranked better than
96.92% of 1300 companies
in the Vehicles & Parts industry
Industry Median: 68.645 vs AZO: 311.06

AutoZone's Days Payable increased from May. 2024 (336.28) to May. 2025 (338.75). It may suggest that AutoZone delayed paying its suppliers.


AutoZone Days Payable Historical Data

The historical data trend for AutoZone'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.

AutoZone Days Payable Chart

AutoZone Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 312.03 294.94 312.36 315.58 306.30

AutoZone Quarterly Data
Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25
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 336.28 227.94 336.91 382.38 338.75

Competitive Comparison of AutoZone's Days Payable

For the Auto Parts subindustry, AutoZone'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.


AutoZone's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, AutoZone's Days Payable distribution charts can be found below:

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


;
;

AutoZone 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.

AutoZone's Days Payable for the fiscal year that ended in Aug. 2024 is calculated as

Days Payable (A: Aug. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2023 ) + Accounts Payable (A: Aug. 2024 )) / count ) / Cost of Goods Sold (A: Aug. 2024 )*Days in Period
=( (7201.281 + 7355.701) / 2 ) / 8673.216*365
=7278.491 / 8673.216*365
=306.30

AutoZone's Days Payable for the quarter that ended in May. 2025 is calculated as:

Days Payable (Q: May. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Feb. 2025 ) + Accounts Payable (Q: May. 2025 )) / count ) / Cost of Goods Sold (Q: May. 2025 )*Days in Period
=( (7784.717 + 7887.417) / 2 ) / 2110.816*365 / 4
=7836.067 / 2110.816*365 / 4
=338.75

* 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.


AutoZone Days Payable Related Terms

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


AutoZone Business Description

Address
123 South Front Street, Memphis, TN, USA, 38103
AutoZone operates as a leading retailer of aftermarket automotive parts in the United States. The firm operates more than 6,500 stores domestically, serving the do-it-yourself and commercial (do-it-for-me) end markets. Through its vast store footprint and distribution network, AutoZone manages a wide array of stock-keeping units applicable to numerous vehicle makes and models, providing its consumers with ample product availability. The firm drives traffic by providing superior and convenient customer service as AutoZone's team of knowledgeable staff assists consumers with diagnosing a vehicle's problem, selecting the necessary part for replacement, and occasionally, installation. The company also operates internationally, with more than 800 stores in Mexico and over 100 in Brazil.
Executives
Domingo Hurtado officer: Sr. Vice President 123 SOUTH FRONT STREET, MEMPHIS TN 38103
Eric S. Gould officer: Sr. Vice President 123 SOUTH FRONT STREET, MEMPHIS TN 38103
Philip B. Daniele officer: Sr. Vice President 123 S. FRONT STREET, DEPT. 8074, MEMPHIS TN 38103
Richard Craig Smith officer: Sr. Vice President 123 S. FRONT STREET, DEPT. 8074, MEMPHIS TN 38103
K. Michelle Borninkhof officer: Senior Vice President & CIO 123 FRONT STREET, MEMPHIS TN 38103
Dennis W. Leriche officer: Sr. Vice President 123 FRONT STREET, MEMPHIS TN 38103
Rhodes William C Iii officer: Senior Vice President 123 SOUTH FRONT STREET, DEPT. 8074, MEMPHIS TN 38103
John Scott Murphy officer: Vice President, Controller 123 FRONT STREET, MEMPHIS TN 38103
Jenna M. Bedsole officer: Sr. Vice President 123 SOUTH FRONT STREET, MEMPHIS TN 38103
Grant E. Mcgee officer: Sr. Vice President 123 FRONT STREET, MEMPHIS TN 38103
Mrkonic George R Jr director C/O BORDERS GROUP INC, 100 PHOENIX DRIVE, ANN ARBOR MI 48108
Thomas B Newbern officer: Sr. Vice President 123 SOUTH FRONT STREET, DEPT. 8074, MEMPHIS TN 38103
Charles Iii Pleas officer: Vice President and Controller 123 S. FRONT STREET, DEPT. 8074, MEMPHIS TN 38103
Lindsay Lehman officer: SVP, Marketing 123 SOUTH FRONT STREET, MEMPHIS TN 38103
Preston Frazer officer: Senior Vice President 123 SOUTH FRONT ST, MEMPHIS TN 38103