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Fastenal Co (WBO:FAST) Days Payable : 27.07 (As of Mar. 2025)


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What is Fastenal Co Days Payable?

Fastenal Co's average Accounts Payable for the three months ended in Mar. 2025 was €295 Mil. Fastenal Co's Cost of Goods Sold for the three months ended in Mar. 2025 was €995 Mil. Hence, Fastenal Co's Days Payable for the three months ended in Mar. 2025 was 27.07.

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

WBO:FAST' s Days Payable Range Over the Past 10 Years
Min: 21   Med: 23.71   Max: 26.14
Current: 26.14

During the past 13 years, Fastenal Co's highest Days Payable was 26.14. The lowest was 21.00. And the median was 23.71.

WBO:FAST's Days Payable is ranked worse than
90.07% of 151 companies
in the Industrial Distribution industry
Industry Median: 52.1 vs WBO:FAST: 26.14

Fastenal Co's Days Payable increased from Mar. 2024 (23.81) to Mar. 2025 (27.07). It may suggest that Fastenal Co delayed paying its suppliers.


Fastenal Co Days Payable Historical Data

The historical data trend for Fastenal 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.

Fastenal Co Days Payable Chart

Fastenal Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.78 24.01 22.95 24.07 23.84

Fastenal Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 23.81 24.53 26.18 25.95 27.07

Competitive Comparison of Fastenal Co's Days Payable

For the Industrial Distribution subindustry, Fastenal 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.


Fastenal Co's Days Payable Distribution in the Industrial Distribution Industry

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

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


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Fastenal 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.

Fastenal Co's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (242.18 + 274.754) / 2 ) / 3957.615*365
=258.467 / 3957.615*365
=23.84

Fastenal Co's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (274.754 + 315.517) / 2 ) / 994.838*365 / 4
=295.1355 / 994.838*365 / 4
=27.07

* 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.


Fastenal Co Days Payable Related Terms

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Fastenal Co Business Description

Address
2001 Theurer Boulevard, Winona, MN, USA, 55987-1500
Fastenal began as an industrial retailer, expanding its product portfolio from nuts and bolts to cutting tools, safety equipment, and janitorial supplies. It transitioned into a distributor by building out a dense network of branches close to its business customers. Once a customer becomes large enough, Fastenal installs vending machines and its own personnel on-site. Today, these on-site locations exceed Fastenal's branch count and remain the firm's main focus for expansion. Fastenal acts as a one-stop outsourcing partner for its industrial customers, offering value-added services along with a wide breadth of maintenance, repair, and operations supplies.