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CDW (CDW) Days Payable : 66.58 (As of Sep. 2024)


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What is CDW Days Payable?

CDW's average Accounts Payable for the three months ended in Sep. 2024 was $3,149 Mil. CDW's Cost of Goods Sold for the three months ended in Sep. 2024 was $4,316 Mil. Hence, CDW's Days Payable for the three months ended in Sep. 2024 was 66.58.

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

CDW' s Days Payable Range Over the Past 10 Years
Min: 24.57   Med: 40.29   Max: 65.39
Current: 65.39

During the past 13 years, CDW's highest Days Payable was 65.39. The lowest was 24.57. And the median was 40.29.

CDW's Days Payable is ranked better than
58.66% of 2523 companies
in the Software industry
Industry Median: 48.75 vs CDW: 65.39

CDW's Days Payable increased from Sep. 2023 (56.85) to Sep. 2024 (66.58). It may suggest that CDW delayed paying its suppliers.


CDW Days Payable Historical Data

The historical data trend for CDW'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.

CDW Days Payable Chart

CDW Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.53 46.93 55.03 56.83 62.23

CDW 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 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 56.85 64.90 67.34 63.05 66.58

Competitive Comparison of CDW's Days Payable

For the Information Technology Services subindustry, CDW'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.


CDW's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, CDW's Days Payable distribution charts can be found below:

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



CDW 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.

CDW'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
=( (2821.3 + 2881) / 2 ) / 16723.6*365
=2851.15 / 16723.6*365
=62.23

CDW'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
=( (3118.6 + 3179.9) / 2 ) / 4315.9*365 / 4
=3149.25 / 4315.9*365 / 4
=66.58

* 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.


CDW Days Payable Related Terms

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


CDW Business Description

Traded in Other Exchanges
Address
200 North Milwaukee Avenue, Vernon Hills, IL, USA, 60061
CDW Corp is a multi-brand provider of information technology ("IT") solutions to small, medium, and large business, government, education, and healthcare customers in the United States, the United Kingdom, and Canada. The company's broad array of offerings ranges from discrete hardware and software products to integrated IT solutions and services that include on-premise and cloud capabilities across hybrid infrastructure, digital experience, and security. The company has three operating segments namely, Corporate, Small Business, and Public. The Corporate segment generates the majority of its revenue and primarily serves US private sector business customers with more than 250 employees.
Executives
Christine A Leahy officer: See Remarks
Miralles Albert Joseph Jr officer: See Remarks 151 N. FRANKLIN, CHICAGO IL 60606
Sona Chawla officer: See Remarks N56 W17000 RIDGEWOOD DRIVE, MENOMONEE FALLS WI 53051
Christina M Corley officer: See Remarks 780 AEC DRIVE, WOOD DALE IL 60191
Kelly J Grier director 155 HARLEM AVE., GLENVIEW IL 60025
Donna F Zarcone director C/O HARLEY DAVIDSON, 3700 W. JUNEAU AVE, MILWAUKEE WI 53208
Marc Ellis Jones director C/O GARDNER DENVER HOLDINGS, INC., 222 EAST ERIE STREET, MILWAUKEE WI 53202
Carolyn Wiesenhahn officer: See Remarks 200 N. MILWAUKEE AVENUE, VERNON HILLS IL 60061
Peter R Locy officer: See Remarks 200 N. MILWAUKEE AVENUE, VERNON HILLS IL 60061
Paul J Finnegan director, 10 percent owner PO BOX 2000, 3905 DAKOTA STREET SW, ALEXANDRIA MN 56308
Kebo Collin B. officer: See Remarks 200 N. MILWAUKEE AVENUE, VERNON HILLS IL 60061
Frederick J. Kulevich officer: See Remarks 200 N. MILWAUKEE AVENUE, VERNON HILLS IL 60061
Sanjay Mehrotra director C/O WESTERN DIGITAL CORPORATION, 3355 MICHELSON DRIVE, SUITE 100, IRVINE CA 92612
Anthony R Foxx director 2710 WYCLIFF ROAD, RALEIGH NC 27607
Ilaria Mocciaro officer: See Remarks 2301 PATRIOT BLVD, GLENVIEW IL 60026