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ADNT (Adient) Days Payable : 66.73 (As of Dec. 2024)


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What is Adient Days Payable?

Adient's average Accounts Payable for the three months ended in Dec. 2024 was $2,398 Mil. Adient's Cost of Goods Sold for the three months ended in Dec. 2024 was $3,279 Mil. Hence, Adient's Days Payable for the three months ended in Dec. 2024 was 66.73.

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

ADNT' s Days Payable Range Over the Past 10 Years
Min: 55.33   Med: 66.07   Max: 73.86
Current: 65.32

During the past 12 years, Adient's highest Days Payable was 73.86. The lowest was 55.33. And the median was 66.07.

ADNT's Days Payable is ranked better than
50.16% of 1276 companies
in the Vehicles & Parts industry
Industry Median: 65.18 vs ADNT: 65.32

Adient's Days Payable increased from Dec. 2023 (66.13) to Dec. 2024 (66.73). It may suggest that Adient delayed paying its suppliers.


Adient Days Payable Historical Data

The historical data trend for Adient'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.

Adient Days Payable Chart

Adient Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.86 61.18 63.16 63.59 67.35

Adient Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 66.13 63.95 64.67 68.97 66.73

Competitive Comparison of Adient's Days Payable

For the Auto Parts subindustry, Adient'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.


Adient's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Adient's Days Payable distribution charts can be found below:

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


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Adient 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.

Adient's Days Payable for the fiscal year that ended in Sep. 2024 is calculated as

Days Payable (A: Sep. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2023 ) + Accounts Payable (A: Sep. 2024 )) / count ) / Cost of Goods Sold (A: Sep. 2024 )*Days in Period
=( (2526 + 2552) / 2 ) / 13760*365
=2539 / 13760*365
=67.35

Adient's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (2552 + 2244) / 2 ) / 3279*365 / 4
=2398 / 3279*365 / 4
=66.73

* 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.


Adient Days Payable Related Terms

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


Adient Business Description

Traded in Other Exchanges
Address
3 Dublin Landings, North Wall Quay, IFSC, Dublin 1, Dublin, IRL, D01 H104
Adient began trading Oct. 31, 2016, when Johnson Controls spun off its automotive experience segment. Adient is the leading seating supplier to the industry with about one third of the global market. Its share in China is now nearly 20%, down from about 45%, following the sale of its main joint venture there at the end of fiscal 2021. Unconsolidated revenue from joint ventures was about $3.8 billion in fiscal 2024 and consolidated China revenue was $1.4 billion. The company is headquartered in Ireland but has corporate offices in the Detroit area. Fiscal 2024 (Sept. 30 year-end) consolidated revenue, which excludes joint venture sales, was $14.7 billion.
Executives
James Conklin officer: EVP, Americas ADIENT, 49200 HALYARD DRIVE, PLYMOUTH MI 48170
Gregory Scott Smith officer: VP & Chief Accounting Officer 49200 HALYARD DRIVE, PLYMOUTH MI 48170
Peter Carlin director 101 JFK PARKWAY, SHORT HILLS NJ 07078
Berthelin Michel Pierre Rose officer: VP, Seating EMEA 49200 HALYARD DRIVE, PLYMOUTH MI 48170
Heather M Tiltmann officer: SVP, Gen. Counsel & Secretary 49200 HALYARD DRIVE, PLYMOUTH MI 48170
Jerome J. Dorlack officer: VP, Seating Americas 5725 DELPHI DRIVE, TROY MI 48098
Jodi Euerle Eddy director C/O BOSTON SCIENTIFIC CORPORATION, 300 BOSTON SCIENTIFIC WAY, MARLBOROUGH MA 01752
Douglas G Delgrosso director, officer: CEO and President
Jeffrey Stafeil officer: EVP and CFO 1707 PADDINGTON CIRCLE, KESWICK VA 22947
Ricky T Dillon director ONE SOUTH WACKER DRIVE, SUITE 1000, CHICAGO IL 60606
Jian James Huang officer: Vice President, APAC 49200 HALYARD DRIVE, PLYMOUTH MI 48170
Jose M Gutierrez director 175 E HOUSTON ST. ROOM 216, SAN ANTONIO TX 78205
Frederick A. Henderson director SUNCOKE ENERGY, INC., 1011 WARRENVILLE ROAD, SUITE 600, LISLE IL 60532
Cathleen A Ebacher officer: VP, GC and Secretary 833 E MICHIGAN STREET, SUITE 1100, MILWAUKEE WI 53202
R Bruce Mcdonald director, officer: Chairman and CEO ADIENT PLC, 833 E. MICHIGAN STREET, SUITE 1100, MILWAUKEE WI 53202