A.O. Smith (LTS:0L7A) Days Payable : 91.24 (As of Sep. 2024)

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What is A.O. Smith Days Payable?

A.O. Smith's average Accounts Payable for the three months ended in Sep. 2024 was $565 Mil. A.O. Smith's Cost of Goods Sold for the three months ended in Sep. 2024 was $565 Mil. Hence, A.O. Smith's Days Payable for the three months ended in Sep. 2024 was 91.24.

The historical rank and industry rank for A.O. Smith's Days Payable or its related term are showing as below:

LTS:0L7A' s Days Payable Range Over the Past 10 Years
Min: 86.48 Med: 105.35 Max: 112.82
Current: 86.48

During the past 13 years, A.O. Smith's highest Days Payable was 112.82. The lowest was 86.48. And the median was 105.35.

LTS:0L7A's Days Payable is ranked better than
56.67% of 2929 companies
in the Industrial Products industry
Industry Median: 75.78 vs LTS:0L7A: 86.48

A.O. Smith's Days Payable increased from Sep. 2023 (86.88) to Sep. 2024 (91.24). It may suggest that A.O. Smith delayed paying its suppliers.

A.O. Smith Days Payable Historical Data

The historical data trend for A.O. Smith'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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A.O. Smith Days Payable Chart

A.O. Smith Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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106.10

112.82

109.85

103.26

94.50

A.O. Smith 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															86.88	85.76	88.94	82.22	91.24

Competitive Comparison of A.O. Smith's Days Payable

For the Specialty Industrial Machinery subindustry, A.O. Smith'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.

A.O. Smith's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where A.O. Smith's Days Payable falls into.

A.O. Smith 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.

A.O. Smith'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
=	( (625.8	+	600.4)	/	2 )	/	2368	*	365
=	613.1					/	2368	*	365
=	94.50

A.O. Smith'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
=	( (574.6	+	555.9)	/	2 )	/	565.3	*	365 / 4
=	565.25					/	565.3	*	365 / 4
=	91.24

A.O. Smith Days Payable Related Terms

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A.O. Smith Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » A.O. Smith Corp (LTS:0L7A) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AOS:USA 3SM:Germany 3SM:Germany

Address

11270 West Park Place, P. O. Box 245008, Suite 170, Milwaukee, WI, USA, 53224-9508

Website

https://www.aosmith.com

A.O. Smith Corporation manufactures a broad lineup of water heaters, boilers, and water treatment products. The company has two reporting segments, North America (75% of sales) and rest of world (25% of sales). A.O. Smith is the leading manufacturer of water heaters in North America for both residential and commercial markets, with approximately 37% and 54% market share, respectively. Residential water heaters account for Most of North American sales and are distributed equally through wholesale and retail channels. Most of A.O. Smith's international revenue is from China, a market the company entered during the mid-1990s.

A.O. Smith Headlines

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