Ryerson Holding (Ryerson Holding) Days Payable : 49.65 (As of Dec. 2023)

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What is Ryerson Holding Days Payable?

Ryerson Holding's average Accounts Payable for the three months ended in Dec. 2023 was $471 Mil. Ryerson Holding's Cost of Goods Sold for the three months ended in Dec. 2023 was $865 Mil. Hence, Ryerson Holding's Days Payable for the three months ended in Dec. 2023 was 49.65.

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

RYI' s Days Payable Range Over the Past 10 Years
Min: 25.8 Med: 33.8 Max: 43.93
Current: 43.93

During the past 13 years, Ryerson Holding's highest Days Payable was 43.93. The lowest was 25.80. And the median was 33.80.

RYI's Days Payable is ranked worse than
75.63% of 2930 companies
in the Industrial Products industry
Industry Median: 76.24 vs RYI: 43.93

Ryerson Holding's Days Payable increased from Dec. 2022 (38.52) to Dec. 2023 (49.65). It may suggest that Ryerson Holding delayed paying its suppliers.

Ryerson Holding Days Payable Historical Data

The historical data trend for Ryerson Holding'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.

Ryerson Holding Days Payable Chart

Ryerson Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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34.86

43.39

34.11

33.48

40.27

Ryerson Holding 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															38.52	38.38	45.49	47.37	49.65

Competitive Comparison of Ryerson Holding's Days Payable

For the Metal Fabrication subindustry, Ryerson Holding'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.

Ryerson Holding's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ryerson Holding's Days Payable distribution charts can be found below:

* The bar in red indicates where Ryerson Holding's Days Payable falls into.

Ryerson Holding 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.

Ryerson Holding's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (438.4	+	463.4)	/	2 )	/	4087.1	*	365
=	450.9					/	4087.1	*	365
=	40.27

Ryerson Holding'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
=	( (478.2	+	463.4)	/	2 )	/	865.2	*	365 / 4
=	470.8					/	865.2	*	365 / 4
=	49.65

Ryerson Holding Days Payable Related Terms

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Ryerson Holding (Ryerson Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ryerson Holding Corp (NYSE:RYI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

7RY:Germany

Address

227 West Monroe Street, 27th Floor, Chicago, IL, USA, 60606

Website

https://www.ryerson.com

Ryerson Holding Corp provides a metals service center, and value-added processor and is a distributor of industrial metals with operations in the United States, Canada and Mexico. In addition to its North American operations, it conducts processing and distribution operations in China. Its customers range from local, independently owned fabricators and machine shops to large, international original equipment manufacturers. It carries a full line of products in stainless steel, aluminium, carbon steel, and alloy steels and a limited line of nickel and red metals in various shapes and forms. The company generates substantially all of its revenue from sales of metal products. Geographically, the majority is from the United States.

Executives

Alagu Sundarrajan	officer: Chief Information Officer	227 W. MONROE ST., 27TH FLOOR, CHICAGO IL 60606
Edward J. Lehner	director, officer: President & CEO	C/O RYERSON HOLDING CORPORATION, 227 W. MONROE ST., 27TH FLOOR, CHICAGO IL 60606
Mark S. Silver	officer: EVP, GC & Chief HR Officer	C/O RYERSON HOLDING CORPORATION, 227 W MONROE ST, 27TH FLOOR, CHICAGO IL 60606
Molly D Kannan	officer: CAO & Corporate Controller	227 W MONROE ST 27TH FLOOR, CHICAGO IL 60606
Kirk K Calhoun	director	8285 EL RIO STREET, SUITE 130, HOUSTON TX 77054
Carruthers Court D	director	C/O RYERSON HOLDING CORPORATION, 227 W. MONROE ST., 27TH FLOOR, CHICAGO IL 60606
Stephen P. Larson	director	C/O RYERSON HOLDING CORPORATION, 227 WEST MONROE, 27TH FLOOR, CHICAGO IL 60606
Platinum Equity Llc	10 percent owner	360 NORTH CRESCENT DRIVE, BEVERLY HILLS CA 90210
James J Claussen	officer: Executive Vice President & CFO	227 W. MONROE ST., 27TH FLOOR, CHICAGO IL 60606
John E Orth	officer: EVP, Operations	227 W. MONROE ST., 27TH FLOOR, CHICAGO IL 60606
Michael Burbach	officer: Chief Operating Officer	C/O RYERSON HOLDING CORPORATION, 227 W. MONROE ST., 27TH FLOOR, CHICAGO IL 60606
Tom Gores	10 percent owner	C/O PLATINUM EQUITY, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Ryps, Llc	10 percent owner	360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Platinum Equity Partners Ii, Llc	10 percent owner	C/O PLATINUM EQUITY, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Platinum Equity Investment Holdings Ii, Llc	10 percent owner	C/O PLATINUM EQUITY, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210