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United Parcel Service (LTS:0R08) Days Payable : 26.36 (As of Sep. 2024)


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What is United Parcel Service Days Payable?

United Parcel Service's average Accounts Payable for the three months ended in Sep. 2024 was $5,355 Mil. United Parcel Service's Cost of Goods Sold for the three months ended in Sep. 2024 was $18,533 Mil. Hence, United Parcel Service's Days Payable for the three months ended in Sep. 2024 was 26.36.

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

LTS:0R08' s Days Payable Range Over the Past 10 Years
Min: 19.6   Med: 29.83   Max: 34.6
Current: 27.74

During the past 13 years, United Parcel Service's highest Days Payable was 34.60. The lowest was 19.60. And the median was 29.83.

LTS:0R08's Days Payable is ranked worse than
65.77% of 932 companies
in the Transportation industry
Industry Median: 37.29 vs LTS:0R08: 27.74

United Parcel Service's Days Payable declined from Sep. 2023 (30.89) to Sep. 2024 (26.36). It may suggest that United Parcel Service accelerated paying its suppliers.


United Parcel Service Days Payable Historical Data

The historical data trend for United Parcel Service'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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United Parcel Service Days Payable Chart

United Parcel Service 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 32.47 31.61 33.13 34.60 34.30

United Parcel Service 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 30.89 27.94 29.54 27.09 26.36

Competitive Comparison of United Parcel Service's Days Payable

For the Integrated Freight & Logistics subindustry, United Parcel Service'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.


United Parcel Service's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, United Parcel Service's Days Payable distribution charts can be found below:

* The bar in red indicates where United Parcel Service's Days Payable falls into.



United Parcel Service 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.

United Parcel Service'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
=( (7515 + 6340) / 2 ) / 73727*365
=6927.5 / 73727*365
=34.30

United Parcel Service'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
=( (5299 + 5410) / 2 ) / 18533*365 / 4
=5354.5 / 18533*365 / 4
=26.36

* 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.


United Parcel Service Days Payable Related Terms

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United Parcel Service Business Description

Address
55 Glenlake Parkway, N.E. Atlanta, Atlanta, GA, USA, 30328
As the world's largest parcel delivery company, UPS manages a massive fleet of more than 500 planes and 100,000 vehicles, along with many hundreds of sorting facilities, to deliver an average of about 22 million packages per day to residences and businesses across the globe. UPS' domestic US package operations generate around 64% of total revenue while international package makes up 20%. Air and ocean freight forwarding, truckload brokerage, and contract logistics make up the remainder. UPS is currently pursuing "strategic alternatives" for its truck brokerage unit, Coyote, which it acquired in 2015.

United Parcel Service Headlines

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