McDonald's (BUE:MCD) Days Payable : 27.97 (As of Sep. 2024)

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What is McDonald's Days Payable?

McDonald's's average Accounts Payable for the three months ended in Sep. 2024 was ARS873,551 Mil. McDonald's's Cost of Goods Sold for the three months ended in Sep. 2024 was ARS2,849,599 Mil. Hence, McDonald's's Days Payable for the three months ended in Sep. 2024 was 27.97.

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

BUE:MCD' s Days Payable Range Over the Past 10 Years
Min: 20.26 Med: 31.68 Max: 39.35
Current: 31.1

During the past 13 years, McDonald's's highest Days Payable was 39.35. The lowest was 20.26. And the median was 31.68.

BUE:MCD's Days Payable is ranked worse than
67.47% of 332 companies
in the Restaurants industry
Industry Median: 37.235 vs BUE:MCD: 31.10

McDonald's's Days Payable increased from Sep. 2023 (22.84) to Sep. 2024 (27.97). It may suggest that McDonald's delayed paying its suppliers.

McDonald's Days Payable Historical Data

The historical data trend for McDonald's'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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McDonald's Days Payable Chart

McDonald's Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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31.36

28.32

27.51

29.03

26.01

McDonald's 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															22.84	32.14	23.54	30.11	27.97

Competitive Comparison of McDonald's's Days Payable

For the Restaurants subindustry, McDonald's'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.

McDonald's's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, McDonald's's Days Payable distribution charts can be found below:

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

McDonald's 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.

McDonald's'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
=	( (164330.525	+	398146.9)	/	2 )	/	3946163.203	*	365
=	281238.7125					/	3946163.203	*	365
=	26.01

McDonald's'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
=	( (849829.488	+	897271.961)	/	2 )	/	2849598.875	*	365 / 4
=	873550.7245					/	2849598.875	*	365 / 4
=	27.97

McDonald's Days Payable Related Terms

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McDonald's Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » McDonald's Corp (BUE:MCD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MCD:USA MCD:Mexico 1MCD:Italy MDOd:UK MDO0:Germany MDO:Germany MDO:Germany MDO:Germany MDO:Germany MCD:Chile MCDS:Canada MCDC34:Brazil MCD:Austria

Address

110 North Carpenter Street, Chicago, IL, USA, 60607

Website

https://www.investor.mcdonalds.com

McDonald's is the largest restaurant owner-operator in the world, with 2023 system sales of $130 billion across nearly than 42,000 stores and 115 markets. McDonald's pioneered the franchise model, building its footprint through partnerships with independent restaurant franchisees and master franchise partners around the globe. The firm earns roughly 60% of its revenue from franchise royalty fees and lease payments, with most of the remainder coming from company-operated stores across its three core segments: the United States, internationally operated markets, and international developmental/licensed markets.