CRS (Carpenter Technology) Days Payable : 45.28 (As of Sep. 2024)

View and export this data going back to 1968. Start your Free Trial

What is Carpenter Technology Days Payable?

Carpenter Technology's average Accounts Payable for the three months ended in Sep. 2024 was $269 Mil. Carpenter Technology's Cost of Goods Sold for the three months ended in Sep. 2024 was $541 Mil. Hence, Carpenter Technology's Days Payable for the three months ended in Sep. 2024 was 45.28.

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

CRS' s Days Payable Range Over the Past 10 Years
Min: 33 Med: 42.75 Max: 48.07
Current: 48.07

During the past 13 years, Carpenter Technology's highest Days Payable was 48.07. The lowest was 33.00. And the median was 42.75.

CRS's Days Payable is ranked worse than
71.49% of 2929 companies
in the Industrial Products industry
Industry Median: 75.78 vs CRS: 48.07

Carpenter Technology's Days Payable declined from Sep. 2023 (51.31) to Sep. 2024 (45.28). It may suggest that Carpenter Technology accelerated paying its suppliers.

Carpenter Technology Days Payable Historical Data

The historical data trend for Carpenter Technology'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.

Carpenter Technology Days Payable Chart

Carpenter Technology Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Days Payable

Get a 7-Day Free Trial

35.77

33.00

41.61

42.90

45.47

Carpenter Technology 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															51.31	57.20	49.93	40.45	45.28

Competitive Comparison of Carpenter Technology's Days Payable

For the Metal Fabrication subindustry, Carpenter Technology'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.

Carpenter Technology's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Carpenter Technology's Days Payable distribution charts can be found below:

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

Carpenter Technology 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.

Carpenter Technology's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

	Days Payable (A: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2023 )	+	Accounts Payable (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (278.1	+	263.9)	/	2 )	/	2175.4	*	365
=	271					/	2175.4	*	365
=	45.47

Carpenter Technology'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
=	( (263.9	+	273.3)	/	2 )	/	541.3	*	365 / 4
=	268.6					/	541.3	*	365 / 4
=	45.28

Carpenter Technology Days Payable Related Terms

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

Carpenter Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Carpenter Technology Corp (NYSE:CRS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

XTY:Germany XTY:Germany

Address

1735 Market Street, 15th Floor, Philadelphia, PA, USA, 19103

Website

https://www.carpentertechnology.com

Carpenter Technology Corp supplies specialty metals to a variety of end markets, including aerospace and defense, industrial machinery and consumer durables, medical, and energy, among others. The company's reportable segments include; Specialty Alloys Operations and Performance Engineered Products. It generates maximum revenue from the Specialty Alloys Operations segment. The SAO segment is comprised of the company's alloy and stainless steel manufacturing operations. This includes operations performed at mills predominantly in Reading and Latrobe, Pennsylvania, and surrounding areas as well as South Carolina and Alabama. Geographically, the company derives its maximum revenue from the United States and the rest from Europe, Asia Pacific, Mexico, Canada, and other regions.

Executives

Tony R Thene	officer: Sr VP and CFO	ALCOA INC., 201 ISABELLA STREET, PITTSBURGH PA 15212-5858
Ramin Younessi	director	510 LAKE COOK ROAD, SUITE 100, DEERFIELD IL 60015
Timothy Lain	officer: VP-Controller, Chf Acctg Ofcr	C/O CARPENTER TECHNOLOGY CORPORATION, PO BOX 14662, READING PA 19612
Steven E Karol	director	C/O STOCKERYALE INC, 32 HAMPSHIRE RD, SALEM NH 03079
I Martin Inglis	director	C/O CARPENTER TECHNOLOGY CORPORATION, PO BOX 14662, READING PA 19612
James D Dee	officer: VP, Gen Counsel & Secretary	TWO PITCAIRN PLACE, SUITE 200, 165 TOWNSHIP LINE ROAD, JENKINTOWN PA 19046
Marshall D Akins	officer: VP & Chief Commercial Officer	CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, PHILADELPHIA PA 19103
Elizabeth A Socci	officer: VP, Controller & Chf Acctg Off	C/O CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, 15TH FL, PHILADELPHIA PA 19103
Mclane Charles Douglas Jr	director	C/O CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, 15TH FL, PHILADELPHIA PA 19103
Brian J Malloy	officer: VP - Chief Commercial Officer	C/O CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, 15TH FL, PHILADELPHIA PA 19103
Pritchett Colleen	director	C/O HEXCEL CORPORATION, 281 TRESSER BLVD., 16TH FLOOR, STAMFORD CT 06901
Kathy Hopinkah Hannan	director	ANNALY CAPITAL MANAGEMENT, INC., 1211 AVE. OF THE AMERICAS, NEW YORK NY 10036
David Graf	officer: VP and Group President - SAO	C/O CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, PHILADELPHIA PA 19103
Kathleen Ligocki	director	3296 PINE LAKE ROAD, WEST BLOOMFIELD MI 48324
Robert R Mcmaster	director	907-B EAST MAIN STREET, HUMBLE TX 77338-4662