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Gates Industrial Days Payable

: 77.35 (As of Dec. 2020)
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Gates Industrial's Accounts Payable for the three months ended in Dec. 2020 was $417 Mil. Gates Industrial's Cost of Goods Sold for the three months ended in Dec. 2020 was $492 Mil. Hence, Gates Industrial's Days Payable for the three months ended in Dec. 2020 was 77.35.

NYSE:GTES' s Days Payable Range Over the Past 10 Years
Min: 58.52   Med: 73.53   Max: 86.65
Current: 86.65

58.52
86.65

During the past 7 years, Gates Industrial's highest Days Payable was 86.65. The lowest was 58.52. And the median was 73.53.

NYSE:GTES's Days Payable is ranked higher than
56% of the 2445 Companies
in the Industrial Products industry.

( Industry Median: 76.09 vs. NYSE:GTES: 86.65 )

Gates Industrial's Days Payable increased from Dec. 2019 (73.64) to Dec. 2020 (77.35). It may suggest that Gates Industrial delayed paying its suppliers.


Gates Industrial Days Payable Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Gates Industrial Annual Data
Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Payable Premium Member Only Premium Member Only 67.77 78.46 76.73 70.33 86.65

Gates Industrial Quarterly Data
Dec15 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 73.64 76.93 77.75 70.61 77.35

Competitive Comparison
* 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.


Gates Industrial Days Payable Distribution

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



Gates Industrial 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.

Gates Industrial's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

Days Payable=Accounts Payable/Cost of Goods Sold*Days in Period
=417.4/1758.3*365
=86.65

Gates Industrial's Days Payable for the quarter that ended in Dec. 2020 is calculated as:

Days Payable=Accounts Payable/Cost of Goods Sold*Days in Period
=417.4/492.4*365 / 4
=77.35

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Gates Industrial Days Payable Related Terms


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