GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Navistar International Corp (NYSE:NAV) » Definitions » Days Payable

Navistar International (Navistar International) Days Payable : 74.06 (As of Apr. 2021)


View and export this data going back to 1987. Start your Free Trial

What is Navistar International Days Payable?

Navistar International's average Accounts Payable for the three months ended in Apr. 2021 was $1,405 Mil. Navistar International's Cost of Goods Sold for the three months ended in Apr. 2021 was $1,731 Mil. Hence, Navistar International's Days Payable for the three months ended in Apr. 2021 was 74.06.

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

NAV' s Days Payable Range Over the Past 10 Years
Min: 56.54   Med: 62.11   Max: 79.33
Current: 73.76

During the past 13 years, Navistar International's highest Days Payable was 79.33. The lowest was 56.54. And the median was 62.11.

NAV's Days Payable is not ranked
in the Farm & Heavy Construction Machinery industry.
Industry Median: 70.05 vs NAV: 73.76

Navistar International's Days Payable increased from Apr. 2020 (65.29) to Apr. 2021 (74.06). It may suggest that Navistar International delayed paying its suppliers.


Navistar International Days Payable Historical Data

The historical data trend for Navistar International'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.

Navistar International Days Payable Chart

Navistar International Annual Data
Trend Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.67 62.37 63.59 58.17 76.83

Navistar International Quarterly Data
Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21
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 65.29 72.05 66.05 77.47 74.06

Competitive Comparison of Navistar International's Days Payable

For the Farm & Heavy Construction Machinery subindustry, Navistar International'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.


Navistar International's Days Payable Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Navistar International's Days Payable distribution charts can be found below:

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



Navistar International 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.

Navistar International's Days Payable for the fiscal year that ended in Oct. 2020 is calculated as

Days Payable (A: Oct. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Oct. 2019 ) + Accounts Payable (A: Oct. 2020 )) / count ) / Cost of Goods Sold (A: Oct. 2020 )*Days in Period
=( (1341 + 1278) / 2 ) / 6221*365
=1309.5 / 6221*365
=76.83

Navistar International's Days Payable for the quarter that ended in Apr. 2021 is calculated as:

Days Payable (Q: Apr. 2021 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jan. 2021 ) + Accounts Payable (Q: Apr. 2021 )) / count ) / Cost of Goods Sold (Q: Apr. 2021 )*Days in Period
=( (1281 + 1529) / 2 ) / 1731*365 / 4
=1405 / 1731*365 / 4
=74.06

* 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.


Navistar International Days Payable Related Terms

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


Navistar International (Navistar International) Business Description

Traded in Other Exchanges
N/A
Address
2701 Navistar Drive, Lisle, IL, USA, 60532
Navistar International Corp is a manufacturer of medium & heavy-duty trucks, school buses, military vehicles, and diesel engines. Its operating segments are Truck, which accounts for the majority revenue; Parts; Global Operations; and Financial Services. The company manufactures Class 4 through 8 trucks and buses in the common carrier, private carrier, government, leasing, construction, energy/petroleum, and student and commercial transportation markets under the International and IC brands. Its geographical segments include the United States, Brazil, Mexico, Canada, and others, of which the majority of its revenue comes from the United States.
Executives
Dennis Suskind director ONE NORTH END AVENUE, WORLD FINANCIAL CENTER, NEW YORK NY 10282
Rachesky Mark H Md director, 10 percent owner 40 WEST 57TH STREET, 24TH FLOOR, NEW YORK NY 10019
Raymond T. Miller director 1345 AVENUE OF THE AMERICAS, 42ND FLOOR C/O MHR FUND MANAGEMENT NEW YORK NY 10105
Persio V Lisboa officer: EVP & Chief Operating Officer C/O NAVISTAR INTERNATIONAL CORPORATION, 2701 NAVISTAR DRIVE, LISLE IL 60532
Jose Maria Alapont director 5725 DELPHI DRIVE, TROY MI 48098
Andreas Renschler director C/O NAVISTAR INTERNATIONAL CORPORATION 2701 NAVISTAR DRIVE LISLE IL 60532
Vincent J Intrieri director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
William V Mcmenamin officer: President Fin Serv & Treasurer C/O NAVISTAR INTERNATIONAL CORPORATION 2701 NAVISTAR DRIVE LISLE IL 60532
Curt A Kramer officer: SVP & General Counsel 4201 WINFIELD ROAD WARRENVILLE IL 60555
Troy A Clarke director, officer: Chairman, President & CEO C/O FUEL SYSTEMS SOLUTIONS, INC., 780 THIRD AVE. 25TH FLOOR, NEW YORK NY 10017
Walter G Borst officer: EVP & Chief Financial Officer 2701 NAVISTAR DRIVE, LISLE IL 60532
Samara A Strycker officer: SVP & Corporate Controller 2701 NAVISTAR DRIVE, LISLE IL 60532
Richard E Bond officer: Corporate Secretary NAVISTAR INTERNATIONAL CORPORATION 2701 NAVISTAR DRIVE LISLE IL 60532
Christian Schulz director C/O NAVISTAR INTERNATIONAL CORPORATION 2701 NAVISTAR DRIVE LISLE IL 60532
Daniel A Ninivaggi director C/O ICAHN ENTERPRISES L.P., 767 FIFTH AVENUE, SUITE 4600, NEW YORK NY 10153

Navistar International (Navistar International) Headlines