APG (APi Group) Days Payable : 31.82 (As of Sep. 2024)

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What is APi Group Days Payable?

APi Group's average Accounts Payable for the three months ended in Sep. 2024 was $439 Mil. APi Group's Cost of Goods Sold for the three months ended in Sep. 2024 was $1,259 Mil. Hence, APi Group's Days Payable for the three months ended in Sep. 2024 was 31.82.

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

APG' s Days Payable Range Over the Past 10 Years
Min: 19.34 Med: 25.41 Max: 35.2
Current: 32.86

During the past 6 years, APi Group's highest Days Payable was 35.20. The lowest was 19.34. And the median was 25.41.

APG's Days Payable is ranked worse than
86.71% of 1656 companies
in the Construction industry
Industry Median: 75.77 vs APG: 32.86

APi Group's Days Payable declined from Sep. 2023 (32.40) to Sep. 2024 (31.82). It may suggest that APi Group accelerated paying its suppliers.

APi Group Days Payable Historical Data

The historical data trend for APi Group'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.

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APi Group Days Payable Chart

APi Group Annual Data

Trend

Dec17

Aug18

Dec20

Dec21

Dec22

Dec23

Days Payable

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19.34

23.47

27.35

35.20

APi Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															32.40	32.93	35.13	31.01	31.82

Competitive Comparison of APi Group's Days Payable

For the Engineering & Construction subindustry, APi Group'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.

APi Group's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, APi Group's Days Payable distribution charts can be found below:

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

APi Group 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.

APi Group'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
=	( (490	+	472)	/	2 )	/	4988	*	365
=	481					/	4988	*	365
=	35.20

APi Group's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (424	+	454)	/	2 )	/	1259	*	365 / 4
=	439					/	1259	*	365 / 4
=	31.82

APi Group Days Payable Related Terms

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APi Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » APi Group Corp (NYSE:APG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

4XY:Germany

Address

c/o APi Group, Inc, 1100 Old Highway 8 NW, New Brighton, MN, USA, 55112

Website

https://www.apigroupinc.com

APi Group Corp operates in two segments: Safety Services segment includes providing safety services in North America, Asia Pacific, and Europe, focusing on end-to-end integrated occupancy systems (fire protection solutions, Heating, Ventilation, and Air Conditioning and entry systems), including design, installation, inspection, and service of these integrated systems. These services are provided in commercial, education, healthcare, high tech, industrial, and special-hazard settings. Specialty Services segment includes providing a variety of infrastructure services and specialized industrial plant services, which include maintenance and repair of critical infrastructure such as underground electric, gas, water, sewer, and telecommunications infrastructure.

Executives

Ashken Ian G H	director	C/O MARIPOSA CAPITAL, LLC, 5200 BLUE LAGOON DRIVE, SUITE 855, MIAMI FL 33126
James E Lillie	director	C/O MOORE CORPORATION LIMITED, ONE CANTERBURY GREEN, STAMFORD CT 06901
Martin E Franklin	director	C/O MARIPOSA CAPITAL, LLC, 5200 BLUE LAGOON DRIVE, SUITE 855, MIAMI FL 33126
Louis Lambert	officer: See Remarks	C/O API GROUP CORPORATION, 1100 OLD HIGHWAY 8 NW, NEW BRIGHTON MN 55112
Viking Global Investors Lp	10 percent owner	600 WASHINGTON BLVD., FLOOR 11, STAMFORD CT 06901
Kevin Krumm	officer: Chief Financial Officer	C/O API GROUP CORPORATION, 1100 OLD HIGHWAY NW 8, NEW BRIGHTON MN 55112
Fd Juno Holdings L.p.	10 percent owner	C/O THE BLACKSTONE GROUP INC., 345 PARK AVENUE, NEW YORK NY 10154
Juno Lower Holdings L.p.	10 percent owner	C/O THE BLACKSTONE GROUP INC., 345 PARK AVENUE, NEW YORK NY 10154
Btoa L.l.c.	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bto De Gp - Nq L.l.c.	10 percent owner	C/O THE BLACKSTONE GROUP INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Tactical Opportunities Associates L.l.c.	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVE., NEW YORK NY 10154
Bto Holdings Manager L.l.c.	10 percent owner	C/O THE BLACKSTONE GROUP, 345 PARK AVE., NEW YORK NY 10154
Blackstone Tactical Opportunities Fund - Fd L.p.	10 percent owner	C/O THE BLACKSTONE GROUP INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Tactical Opportunities Associates Iii - Nq L.p.	10 percent owner	C/O THE BLACKSTONE GROUP INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Juno Holdings L.p.	10 percent owner	C/O THE BLACKSTONE GROUP INC., 345 PARK AVENUE, NEW YORK NY 10154