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WestRock Co (WestRock Co) Days Payable : 50.61 (As of Dec. 2023)


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What is WestRock Co Days Payable?

WestRock Co's average Accounts Payable for the three months ended in Dec. 2023 was $2,142 Mil. WestRock Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $3,861 Mil. Hence, WestRock Co's Days Payable for the three months ended in Dec. 2023 was 50.61.

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

WRK' s Days Payable Range Over the Past 10 Years
Min: 36.55   Med: 44.52   Max: 48.4
Current: 48.4

During the past 13 years, WestRock Co's highest Days Payable was 48.40. The lowest was 36.55. And the median was 44.52.

WRK's Days Payable is ranked worse than
60.49% of 367 companies
in the Packaging & Containers industry
Industry Median: 57.59 vs WRK: 48.40

WestRock Co's Days Payable increased from Dec. 2022 (49.64) to Dec. 2023 (50.61). It may suggest that WestRock Co delayed paying its suppliers.


WestRock Co Days Payable Historical Data

The historical data trend for WestRock 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.

WestRock Co Days Payable Chart

WestRock Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.54 44.49 45.24 46.33 47.75

WestRock Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 49.64 46.57 48.30 47.58 50.61

Competitive Comparison of WestRock Co's Days Payable

For the Packaging & Containers subindustry, WestRock 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.


WestRock Co's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, WestRock Co's Days Payable distribution charts can be found below:

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



WestRock 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.

WestRock Co's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

Days Payable (A: Sep. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2022 ) + Accounts Payable (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (2252.1 + 2123.9) / 2 ) / 16725.5*365
=2188 / 16725.5*365
=47.75

WestRock Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (2123.9 + 2159.2) / 2 ) / 3861.2*365 / 4
=2141.55 / 3861.2*365 / 4
=50.61

* 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.


WestRock Co Days Payable Related Terms

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WestRock Co (WestRock Co) Business Description

Traded in Other Exchanges
Address
1000 Abernathy Road, North East, Atlanta, GA, USA, 30328
WestRock manufactures corrugated packaging and consumer packaging, such as folding cartons and paperboard. After the merger of RockTenn and MeadWestvaco in fall 2015, WestRock became the largest North American producer of solid bleached sulfate and the second-largest producer of containerboard, which is used in the production of shipping containers.
Executives
Currey M Russell director PO BOX 4098, NORCROSS GA 30091
John L O'neal officer: President, Global Paper 1155 PERIMETER CENTER WEST, ATLANTA GA 30338
James E Nevels director C/O TASTY BAKING COMPANY, NAVY YARD CORP. CTR., THREE CRESCENT DR., PHILADELPHIA PA 19112
Samuel W. Shoemaker officer: President, Consumer Packaging 1000 ABERNATHY ROAD NE, SUITE 125, ATLANTA GA 30328
Dmitri L Stockton director 777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
Thomas Stigers officer: President, Mill Operations 1000 ABERNATHY ROAD NE, SUITE 125, ATLANTA GA 30328
Denise R Singleton officer: EVP, GC and Secretary 3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Jean Savage director 14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
David B Sewell officer: Chief Executive Officer 101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Alexander W Pease officer: Chief Financial Officer 5605 CARNEGIE BOULEVARD, SUTIE 500, CHARLOTTE NC 28209
Patrick M. Kivits officer: Pres, Consumer PKG 1200 WILLOW LAKE BLVD., P.O. BOX 64683, ST. PAUL MN 55110
Peter C Durette officer: President, Corrugated Pkg. MEADWESTVACO, 501 SOUTH 5TH STREET, RICHMOND VA 23219-0501
Jeffrey Wayne Chalovich officer: President - Corrugated Pkging 504 THRASHER STREET, NORCROSS GA 30071
Steven C Voorhees director, officer: CEO - President 214 N TRYON STREET, CHARLOTTE NC 28202
Patrick Edward Lindner officer: President, Consumer Packaging 501 SOUTH 5TH STREET, RICHMOND VA 23219

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