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MSC Industrial Direct Co (MSC Industrial Direct Co) Days Payable : 33.14 (As of Feb. 2024)


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What is MSC Industrial Direct Co Days Payable?

MSC Industrial Direct Co's average Accounts Payable for the three months ended in Feb. 2024 was $199 Mil. MSC Industrial Direct Co's Cost of Goods Sold for the three months ended in Feb. 2024 was $547 Mil. Hence, MSC Industrial Direct Co's Days Payable for the three months ended in Feb. 2024 was 33.14.

The historical rank and industry rank for MSC Industrial Direct Co's Days Payable or its related term are showing as below:

MSM' s Days Payable Range Over the Past 10 Years
Min: 26.07   Med: 28.09   Max: 34.53
Current: 32.34

During the past 13 years, MSC Industrial Direct Co's highest Days Payable was 34.53. The lowest was 26.07. And the median was 28.09.

MSM's Days Payable is ranked worse than
82.52% of 143 companies
in the Industrial Distribution industry
Industry Median: 52.1 vs MSM: 32.34

MSC Industrial Direct Co's Days Payable declined from Feb. 2023 (33.95) to Feb. 2024 (33.14). It may suggest that MSC Industrial Direct Co accelerated paying its suppliers.


MSC Industrial Direct Co Days Payable Historical Data

The historical data trend for MSC Industrial Direct Co'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.

MSC Industrial Direct Co Days Payable Chart

MSC Industrial Direct Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.84 28.22 29.83 34.53 34.22

MSC Industrial Direct Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 33.95 30.45 32.31 33.78 33.14

Competitive Comparison of MSC Industrial Direct Co's Days Payable

For the Industrial Distribution subindustry, MSC Industrial Direct Co'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.


MSC Industrial Direct Co's Days Payable Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, MSC Industrial Direct Co's Days Payable distribution charts can be found below:

* The bar in red indicates where MSC Industrial Direct Co's Days Payable falls into.



MSC Industrial Direct Co 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.

MSC Industrial Direct Co's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

Days Payable (A: Aug. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2022 ) + Accounts Payable (A: Aug. 2023 )) / count ) / Cost of Goods Sold (A: Aug. 2023 )*Days in Period
=( (217.378 + 226.299) / 2 ) / 2366.317*365
=221.8385 / 2366.317*365
=34.22

MSC Industrial Direct Co's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

Days Payable (Q: Feb. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2023 ) + Accounts Payable (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (188.976 + 208.111) / 2 ) / 546.737*365 / 4
=198.5435 / 546.737*365 / 4
=33.14

* 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.


MSC Industrial Direct Co Days Payable Related Terms

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MSC Industrial Direct Co (MSC Industrial Direct Co) Business Description

Traded in Other Exchanges
Address
515 Broadhollow Road, Suite 1000, Melville, NY, USA, 11747
MSC Industrial Direct is one of the largest industrial distributors with a focus on metalworking and maintenance, repair, and operations products and services. The company offers over 2 million products through its distribution network, which has 11 fulfillment centers. Although MSC has a presence in Canada, Mexico, and the United Kingdom, it primarily operates in the United States. In fiscal 2023, 95% of the firm's $4.0 billion of sales was generated in the U.S.
Executives
Erik Gershwind officer: SVP, Product Mgmnt & Marketing C/O MSC INDUSTRIAL DIRECT CO INC, 75 MAXESS ROAD, MELVILLE NY 11747
Kristen Actis-grande officer: EVP & Chief Financial Officer C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747
Elizabeth Bledsoe officer: SVP & Chief People Officer C/O MSC LNDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747
Kimberly Shacklett officer: SVP, Sales & Customer Success C/O MSC INDUSTRIAL DIRECT CO., INC., 515 BROADHOLLOW ROAD, MELVILLE NY 11747
Douglas E Jones officer: EVP, Chief Supply Chain C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747
Stacey L. Bennett 10 percent owner 410 PARK AVE., SUITE 620, NEW YORK NY 10022
Rahquel Purcell director C/O MSC INDUSTRIAL DIRECT CO., INC., 515 BROADHOLLOW ROAD, MELVILLE NY 11747
Martina Mcisaac officer: EVP, Chief Operating Officer C/O MSC INDUSTRIAL DIRECT CO., INC., 515 BROADHOLLOW ROAD, MELVILLE NY 11747
Steven N Baruch officer: SVP, STRATEGY & MARKETING 18232 PENINSULA CLUB, CORNELIUS NC 28031
Mitchell Jacobson director, 10 percent owner, officer: Chairman and CEO C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS RD, MELVILLE NY 11747
Louise K Goeser director C/O PPL CORPORATION, TWO NORTH NINTH STREET, ALLENTOWN PA 18101
John Hill officer: SVP, Chief Digital Info Offr. C/O MSC INDUSTRIAL DIRECT CO., INC., 515 BROADHOLLOW ROAD, MELVILLE NY 11747
Neal Dongre officer: VP, Gen Counsel & Corp Sec C/O MSC INDUSTRIAL DIRECT CO., INC., 515 BROADHOLLOW ROAD, MELVILLE NY 11747
Martin Edward F Jr officer: SVP, Sales & Customer Success C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747
Kari D Heerdt officer: SVP, Chief People Officer C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747