Advance Auto Parts (BSP:A1AP34) Days Payable : 273.58 (As of Sep. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Advance Auto Parts Days Payable?

Advance Auto Parts's average Accounts Payable for the three months ended in Sep. 2024 was R$20,589 Mil. Advance Auto Parts's Cost of Goods Sold for the three months ended in Sep. 2024 was R$6,867 Mil. Hence, Advance Auto Parts's Days Payable for the three months ended in Sep. 2024 was 273.58.

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

BSP:A1AP34' s Days Payable Range Over the Past 10 Years
Min: 178.63 Med: 218.5 Max: 237.59
Current: 194.44

During the past 13 years, Advance Auto Parts's highest Days Payable was 237.59. The lowest was 178.63. And the median was 218.50.

BSP:A1AP34's Days Payable is ranked better than
90.57% of 1082 companies
in the Retail - Cyclical industry
Industry Median: 52.82 vs BSP:A1AP34: 194.44

Advance Auto Parts's Days Payable increased from Sep. 2023 (249.46) to Sep. 2024 (273.58). It may suggest that Advance Auto Parts delayed paying its suppliers.

Advance Auto Parts Days Payable Historical Data

The historical data trend for Advance Auto Parts'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.

Advance Auto Parts Days Payable Chart

Advance Auto Parts Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

214.94

206.71

217.36

246.57

233.43

Advance Auto Parts 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															249.46	142.51	187.89	235.48	273.58

Competitive Comparison of Advance Auto Parts's Days Payable

For the Specialty Retail subindustry, Advance Auto Parts'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.

Advance Auto Parts's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Advance Auto Parts's Days Payable distribution charts can be found below:

* The bar in red indicates where Advance Auto Parts's Days Payable falls into.

Advance Auto Parts 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.

Advance Auto Parts'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
=	( (21920.039	+	20471.237)	/	2 )	/	33142.762	*	365
=	21195.638					/	33142.762	*	365
=	233.43

Advance Auto Parts'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
=	( (21804.662	+	19373.772)	/	2 )	/	6867.387	*	365 / 4
=	20589.217					/	6867.387	*	365 / 4
=	273.58

Advance Auto Parts Days Payable Related Terms

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

Advance Auto Parts Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Advance Auto Parts Inc (BSP:A1AP34) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AAP:USA AAP:Mexico 0H9G:UK AWN:Germany AWN:Germany AAP:Argentina

Address

4200 Six Forks Road, Raleigh, NC, USA, 27609

Website

https://www.advanceautoparts.com

Advance Auto Parts is a leading auto parts retailer in North America with more than 4,000 store and branch locations. About 55% of the firm's sales are geared toward the professional channel, with the remaining 45% going to the do-it-yourself market. Through its vast store footprint and distribution network, Advance manages thousands of stock-keeping units conducive to various vehicle makes and models. The retailer primarily competes on the basis of inventory availability and service speed, making the operating efficiency of its hub and spoke distribution model critical to meeting customer needs.

Advance Auto Parts Headlines

No Headlines