FAST (Fastenal Co) Days Payable : 26.72 (As of Dec. 2024)

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What is Fastenal Co Days Payable?

Fastenal Co's average Accounts Payable for the three months ended in Dec. 2024 was $295 Mil. Fastenal Co's Cost of Goods Sold for the three months ended in Dec. 2024 was $1,006 Mil. Hence, Fastenal Co's Days Payable for the three months ended in Dec. 2024 was 26.72.

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

FAST' s Days Payable Range Over the Past 10 Years
Min: 21 Med: 23.71 Max: 25.05
Current: 25.05

During the past 13 years, Fastenal Co's highest Days Payable was 25.05. The lowest was 21.00. And the median was 23.71.

FAST's Days Payable is ranked worse than
92.16% of 153 companies
in the Industrial Distribution industry
Industry Median: 52.5 vs FAST: 25.05

Fastenal Co's Days Payable increased from Dec. 2023 (25.65) to Dec. 2024 (26.72). It may suggest that Fastenal Co delayed paying its suppliers.

Fastenal Co Days Payable Historical Data

The historical data trend for Fastenal Co'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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Fastenal Co Days Payable Chart

Fastenal Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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23.69

24.84

23.66

23.73

24.30

Fastenal Co 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															25.65	23.84	24.64	25.78	26.72

Competitive Comparison of Fastenal Co's Days Payable

For the Industrial Distribution subindustry, Fastenal Co'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.

Fastenal Co's Days Payable Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Fastenal Co's Days Payable distribution charts can be found below:

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

Fastenal Co 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.

Fastenal Co'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
=	( (264.1	+	287.7)	/	2 )	/	4144.1	*	365
=	275.9					/	4144.1	*	365
=	24.30

Fastenal Co'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
=	( (301.7	+	287.7)	/	2 )	/	1006.3	*	365 / 4
=	294.7					/	1006.3	*	365 / 4
=	26.72

Fastenal Co Days Payable Related Terms

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Fastenal Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Fastenal Co (NAS:FAST) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0IKW:UK FAS:Germany FAS:Germany FAST:Austria

Address

2001 Theurer Boulevard, Winona, MN, USA, 55987-1500

Website

https://www.fastenal.com

Fastenal opened its first fastener store in 1967 in Winona, Minnesota. Since then, it has greatly expanded its footprint as well as its products and services. Today, Fastenal serves its 400,000 active customers through approximately 1,600 branches, over 2,000 on-site locations, and 15 distribution centers. Since 1993, the company has added other product categories, but fasteners remain its largest category at about 30%-35% of sales. Fastenal also offers customers supply chain solutions, such as vending and vendor-managed inventory.

Executives

Holden Lewis	officer: Chief Financial Officer/EVP	6714 MELODY LANE, BETHESDA MD 20817
James C Jansen	officer: Executive Vice President	2001 THEURER BLVD, WINONA MN 55987
Daniel L. Johnson	director	6951 HIGHOVER DRIVE, CHANHASSEN MN 55317
Charles S. Miller	officer: Officer-Executive Vice Preside	230 CASCADE DR., PADUCAH KY 42003
Daniel L Florness	officer: Exec. V-P and CFO	FASTENAL CO, 2001 THEURER BLVD, WINONA MN 55987
Sheryl Ann Lisowski	officer: Controller/Chief Acct. Officer	155 WILDWOOD DRIVE, WINONA MN 55987
Nicholas J Lundquist	officer: Executive Vice-President	2001 THEURER BLVD, WINONA MN 55987
John Lewis Soderberg	officer: Executive Vice President	1757 SNOWFLAKE PLACE, ONALASKA WI 54650
William Joseph Drazkowski	officer: Executive Vice-President	806 OLYMPIC DRIVE, ONALASKA WI 54650
Rita J. Heise	director	7329 MARINER DRIVE, MAPLE GROVE MN 55311
Anthony Paul Broersma	officer: EVP-Operations	4730 NORTH SERVICE DRIVE, WINONA MN 55987
Reyne K Wisecup	director
Hsenghung Sam Hsu	director	2032 SUMMIT AVENUE, SAINT PAUL MN 55105
Jeffery Michael Watts	officer: Executive Vice-President	48 LAUREL CR., INGERSOLL A6 N5C-3S4
Scott Satterlee	director	8100 MITCHELL RD, STE 200, EDEN PRAIRIE MN 55344