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Mohawk Industries Days Payable

: 53.13 (As of Jun. 2022)
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Mohawk Industries's average Accounts Payable for the three months ended in Jun. 2022 was $1,328 Mil. Mohawk Industries's Cost of Goods Sold for the three months ended in Jun. 2022 was $2,280 Mil. Hence, Mohawk Industries's Days Payable for the three months ended in Jun. 2022 was 53.13.

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

MHK' s Days Payable Range Over the Past 10 Years
Min: 32.29   Med: 41.89   Max: 51.67
Current: 52.94

During the past 13 years, Mohawk Industries's highest Days Payable was 51.67. The lowest was 32.29. And the median was 41.89.

MHK's Days Payable is ranked worse than
59.9% of 389 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 64.78 vs MHK: 52.94

Mohawk Industries's Days Payable increased from Jun. 2021 (48.83) to Jun. 2022 (53.13). It may suggest that Mohawk Industries delayed paying its suppliers.


Mohawk Industries Days Payable Historical Data

The historical data trend for Mohawk Industries'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.

Mohawk Industries Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.26 41.42 40.95 47.20 51.67

Mohawk Industries Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 48.83 52.50 53.57 52.04 53.13

Competitive Comparison

For the Furnishings, Fixtures & Appliances subindustry, Mohawk Industries'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.

   

Mohawk Industries Days Payable Distribution

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Mohawk Industries's Days Payable distribution charts can be found below:

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



Mohawk Industries 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.

Mohawk Industries's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (1016.897 + 1228.621) / 2 ) / 7931.879*365
=1122.759 / 7931.879*365
=51.67

Mohawk Industries's Days Payable for the quarter that ended in Jun. 2022 is calculated as:

Days Payable (Q: Jun. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2022 ) + Accounts Payable (Q: Jun. 2022 )) / count ) / Cost of Goods Sold (Q: Jun. 2022 )*Days in Period
=( (1296.066 + 1359.212) / 2 ) / 2279.991*365 / 4
=1327.639 / 2279.991*365 / 4
=53.13

* 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.


Mohawk Industries Days Payable Related Terms

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


Mohawk Industries Business Description

Mohawk Industries logo
Address
160 South Industrial Boulevard, Calhoun, GA, USA, 30701
Mohawk Industries manufactures a wide range of flooring products, including carpets, rugs, ceramic tile, laminate, wood, luxury vinyl tile, and vinyl flooring. The Georgia-based company has grown from a U.S.-focused carpeting manufacturer to a leading global player in the diversified flooring market. Mohawk operates three reporting segments: global ceramic ($3.6 billion of sales in 2019), North America flooring ($3.8 billion), and rest of the world flooring ($2.5 billion). The company generates approximately 60% of its sales in the United States.
Executives
Suing Clifford Charles officer: CAO and Corporate Controller 160 SOUTH INDUSTRIAL BLVD CALHOUN GA 30701
Burris Jerry W director 5500 WAYZATA BLVD., SUITE 600 GOLDEN VALLEY MN 55416
Lee Steven Hyosig officer: CAO and Corporate Controller 160 SOUTH INDUSTRIAL BLVD CALHOUN GA 30701
Engquist John director H&E EQUIPMENT SERVICES 11100 MEAD ROAD, SUITE 200 BATON ROUGE LA 70816
Landau Glenn R director, officer: Executive Vice President C/O INTERNATIONAL PAPER COMPANY 6400 POPLAR AVENU MEMPHIS TN 38197
De Cock Paul F officer: President-Flooring NA ALPHONSE RENARDSTRAAT 41 ELSENE C9 1050
Balcaen Filip director PAULINE VAN POTTELSBERGHELAAN 10 9051 SINT-DENIJS-WESTREM GENT C9 9051
Runge William Henry Iii director 3325 PIEDMONT ROAD #3103 ATLANTA GA 30305
Patton Rodney David officer: General Counsel - VP 5855 RIVERMOND DRIVE ATLANTA GA 30328
Carson Brian officer: President-Mohawk Flooring, other: President-Mohawk Flooring 3250 TWISTED BRANCHES LANE MARIETTA GA 30068-2479
Turner John C Jr officer: President-Dal-Tile, other: President-Dal-Tile 1009 WIMBERLY COURT ALLEN TX 75013-1195
Smith- Pilkington Karen A director 343 STATE STREET ROCHESTER NY 146500211
Ill Richard C director
Brunk James director, officer: Corporate Controller and CAO 251 MISTY HILL TRAIL DALLAS GA 30132
Thiers Bernard director NESTOR DE TIERESTRAAT 128 EINE C9 9700

Mohawk Industries Headlines

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