CMI (Cummins) Days Payable : 62.63 (As of Mar. 2025)

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What is Cummins Days Payable?

Cummins's average Accounts Payable for the three months ended in Mar. 2025 was $4,131 Mil. Cummins's Cost of Goods Sold for the three months ended in Mar. 2025 was $6,019 Mil. Hence, Cummins's Days Payable for the three months ended in Mar. 2025 was 62.63.

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

CMI' s Days Payable Range Over the Past 10 Years
Min: 46.22 Med: 56.87 Max: 65.5
Current: 61.55

During the past 13 years, Cummins's highest Days Payable was 65.50. The lowest was 46.22. And the median was 56.87.

CMI's Days Payable is ranked worse than
62.77% of 2936 companies
in the Industrial Products industry
Industry Median: 80.265 vs CMI: 61.55

Cummins's Days Payable declined from Mar. 2024 (62.65) to Mar. 2025 (62.63). It may suggest that Cummins accelerated paying its suppliers.

Cummins Days Payable Historical Data

The historical data trend for Cummins'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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Cummins Days Payable Chart

Cummins Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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65.50

58.17

62.16

60.17

58.39

Cummins Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial															62.65	61.37	62.51	58.03	62.63

Competitive Comparison of Cummins's Days Payable

For the Specialty Industrial Machinery subindustry, Cummins'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.

Cummins's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cummins's Days Payable distribution charts can be found below:

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

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Cummins 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.

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

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (4260	+	3951)	/	2 )	/	25663	*	365
=	4105.5					/	25663	*	365
=	58.39

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

	Days Payable (Q: Mar. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2024 )	+	Accounts Payable (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (3951	+	4311)	/	2 )	/	6019	*	365 / 4
=	4131					/	6019	*	365 / 4
=	62.63

Cummins Days Payable Related Terms

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Cummins Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Cummins Inc (NYSE:CMI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0I58:UK CUM:Germany CUM:Germany C1MI34:Brazil CMI:Austria

Address

500 Jackson Street, Box 3005, Columbus, IN, USA, 47202-3005

Website

https://www.cummins.com

Cummins is a leading manufacturer of diesel and other engines used in heavy- and medium-duty commercial trucks, off-highway equipment, and locomotives, in addition to prime power and standby generators. The company also sells powertrain components, which include filtration products, transmissions, turbochargers, aftertreatment systems, and fuel systems. Sales are approximately 60% US and Canada and 40% rest of world. Much of Cummins' foreign sales (China, India, and so forth) are through joint ventures. The company operates 650 distributors and over 19,000 dealer locations across 190 countries. Cummins' business model is unique as it competes with many of its heavy-duty truck manufacturer customers, who also make their own engines.

Executives

Mark Andrew Smith	officer: VP - Operations Finance	500 JACKSON STREET, COLUMBUS IN 47201
Jennifer Rumsey	officer: Chief Technical Officer	500 JACKSON STREET, COLUMBUS IN 47201
Sharon R Barner	officer: VP - General Counsel	500 JACKSON STREET, COLUMBUS IN 47201
Di Leo Allen Bruno V	director	INTERNATIONAL BUSINESS MACHINES CORP., C/O SEC'Y'S OFFICE, ONE NEW ORCHARD ROAD, ARMONK NY 10504
Donald G Jackson	officer: VP and Treasurer	500 JACKSON STREET, COLUMBUS IN 47201
Tony Satterthwaite	officer: President - Distribution	1400 73RD AVENUE NE, MINNEAPOLIS MN 55432
Jeffrey T Wiltrout	officer: VP - Corporate Strategy	500 JACKSON STREET, COLUMBUS IN 47201
Marvin Boakye	officer: VP - Chief Human Resources Off	PO BOX 99900, LOUISVILLE KY 40269
Daniel William Fisher	director	2526 SPRUCE MEADOWS DRIVE, BROOMFIELD CO 80023
Sherry A Aaholm	officer: Chief Information Officer	500 JACKSON STREET, COLUMBUS IN 47201
Luther E Peters	officer: VP - Corporate Controller	500 JACKSON STREET, COLUMBUS IN 47201
Jonathan David Wood	officer: Vice President & CTO	500 JACKSON STREET, COLUMBUS IN 47201
Georgia R Nelson	director	C/O TOWER AUTOMOTIVE INC, 27175 HAGGERTY ROAD, NOVI MI 48377-3626
Franklin R Changdiaz	director	500 JACKSON ST., M/C 60701, COLUMBUS IN 47201
Norman Thomas Linebarger	officer: President-Power Gen.