Eaton (ETN) Days Payable : 87.24 (As of Dec. 2024)

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What is Eaton Days Payable?

Eaton's average Accounts Payable for the three months ended in Dec. 2024 was $3,644 Mil. Eaton's Cost of Goods Sold for the three months ended in Dec. 2024 was $3,811 Mil. Hence, Eaton's Days Payable for the three months ended in Dec. 2024 was 87.24.

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

ETN' s Days Payable Range Over the Past 10 Years
Min: 47.18 Med: 57.18 Max: 83.6
Current: 83.32

During the past 13 years, Eaton's highest Days Payable was 83.60. The lowest was 47.18. And the median was 57.18.

ETN's Days Payable is ranked better than
54.33% of 2930 companies
in the Industrial Products industry
Industry Median: 76.015 vs ETN: 83.32

Eaton's Days Payable increased from Dec. 2023 (80.93) to Dec. 2024 (87.24). It may suggest that Eaton delayed paying its suppliers.

Eaton Days Payable Historical Data

The historical data trend for Eaton'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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Eaton Days Payable Chart

Eaton Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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60.32

65.68

77.25

79.58

83.60

Eaton Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															80.93	82.86	79.87	83.15	87.24

Competitive Comparison of Eaton's Days Payable

For the Specialty Industrial Machinery subindustry, Eaton'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.

Eaton's Days Payable Distribution in the Industrial Products Industry

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

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

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Eaton 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.

Eaton's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (3365	+	3678)	/	2 )	/	15375	*	365
=	3521.5					/	15375	*	365
=	83.60

Eaton's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (3609	+	3678)	/	2 )	/	3811	*	365 / 4
=	3643.5					/	3811	*	365 / 4
=	87.24

Eaton Days Payable Related Terms

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Eaton Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Eaton Corp PLC (NYSE:ETN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ETN1:Mexico 0Y3K:UK 3EC:Germany 3EC:Germany E1TN34:Brazil

Address

30 Pembroke Road, Eaton House, Dublin, IRL, D04 Y0C2

Website

https://www.eaton.com

Founded in 1911 by Joseph Eaton, the eponymous company began by selling truck axles in New Jersey. Eaton has since become an industrial powerhouse largely through acquisitions in various end markets. Eaton's portfolio can broadly be divided into two parts: its electrical and industrial businesses. Its electrical portfolio (representing around 70% of company revenue) sells components within data centers, utilities, and commercial and residential buildings, while its industrial business (30% of revenue) sells components within commercial and passenger vehicles and aircraft. Eaton receives favorable tax treatment as a domiciliary of Ireland, but it generates over half of its revenue within the US.

Executives

Gregory R Page	director	EATON CENTER, 1111 SUPERIOR AVENUE, CLEVELAND OH 44114
Heath B. Monesmith	officer: See Remarks below.	600 TRAVIS, SUITE 5600, HOUSTON TX 77002
Szmagala Taras G. Jr.	officer: See remarks below	C/O EATON CORPORATION PLC, 1000 EATON BOULEVARD, CLEVELAND OH 44122
Marshall Ernest W Jr	officer: See Remarks below.	1000 EATON BLVD, CLEVELAND OH 44122
Craig Arnold	director, officer: See Remarks below.	EATON CENTER, 1111 SUPERIOR AVENUE, CLEVELAND OH 44114
Dorothy C Thompson	director	1000 EATON BLVD., CLEVELAND OH 44122
Michael Yelton	officer: See remarks below	C/O EATON CORPORATION PLC, 1000 EATON BLVD., CLEVELAND OH 44122
Peter Denk	officer: See remarks below	C/O EATON CORPORATION PLC, 1000 EATON BLVD., CLEVELAND OH 44122
Olivier Leonetti	director	5757 N. GREEN BAY AVENUE, P.O. BOX 591, MILWAUKEE WI 53201
Sternadt Paulo Ruiz	officer: See remarks below	1000 EATON BLVD., CLEVELAND OH 44122
Thomas B Okray	officer: See Remarks below.	5008 AIRPORT ROAD NW, ROANOKE VA 24012
Nandakumar Cheruvatath	officer: See Remarks below	1000EATON BLVD., CLEVELAND OH 44122
Joao V Faria	officer: See Remarks below.	1000 EATON BLVD., CLEVELAND OH 44122
Daniel Roy Hopgood	officer: See Remarks below.	2135 WEST MAPLE ROAD, TROY MI 48084-7186
Brian S Brickhouse	officer: See Remarks below.	1000 EATON BLVD., CLEVELAND OH 44122