MCO (Moodys) Days Payable : 9.46 (As of Dec. 2024)

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What is Moodys Days Payable?

Moodys's average Accounts Payable for the three months ended in Dec. 2024 was $52 Mil. Moodys's Cost of Goods Sold for the three months ended in Dec. 2024 was $497 Mil. Hence, Moodys's Days Payable for the three months ended in Dec. 2024 was 9.46.

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

MCO' s Days Payable Range Over the Past 10 Years
Min: 7.13 Med: 8.53 Max: 11.2
Current: 10.17

During the past 13 years, Moodys's highest Days Payable was 11.20. The lowest was 7.13. And the median was 8.53.

MCO's Days Payable is ranked worse than
84.01% of 519 companies
in the Capital Markets industry
Industry Median: 107.44 vs MCO: 10.17

Moodys's Days Payable increased from Dec. 2023 (6.94) to Dec. 2024 (9.46). It may suggest that Moodys delayed paying its suppliers.

Moodys Days Payable Historical Data

The historical data trend for Moodys'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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Moodys Days Payable Chart

Moodys Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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9.53

9.59

11.20

8.11

7.13

Moodys 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															6.94	10.84	14.11	9.53	9.46

Competitive Comparison of Moodys's Days Payable

For the Financial Data & Stock Exchanges subindustry, Moodys'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.

Moodys's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Moodys's Days Payable distribution charts can be found below:

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

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Moodys 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.

Moodys'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
=	( (23	+	53)	/	2 )	/	1945	*	365
=	38					/	1945	*	365
=	7.13

Moodys'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
=	( (50	+	53)	/	2 )	/	497	*	365 / 4
=	51.5					/	497	*	365 / 4
=	9.46

Moodys Days Payable Related Terms

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Moodys Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Moodys Corp (NYSE:MCO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MCO:Mexico 0K36:UK DUT:Germany DUT:Germany MCOR34:Brazil MOCO:Austria

Address

7 World Trade Center at 250 Greenwich Street, New York, NY, USA, 10007

Website

https://www.moodys.com

Moody's, along with S&P Ratings, is a leading provider of credit ratings on fixed-income securities. The ratings segment, Moody's Investors Service, includes corporates, structured finance, financial institutions, and public finance ratings. MIS represents a majority of the firm's profit and about half the firm's revenue. The other segment, Moody's Analytics, consists of decision solutions, research and insights, and data and information.

Executives

Robert Fauber	director, officer: President and CEO	7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Stephen T Tulenko	officer: President, Moody's Analytics	7 WORLD TRADE CENTER, 250 GREENWICH ST, NEW YORK NY 10007
Richard G Steele	officer: SVP - General Counsel	C/O MOODY'S CORPORATION, 7 WORLD TRADE CENTER AT 250 GREENWICH ST, NEW YORK NY 10007
Michael L West	officer: President, Moody's Investors	7 WORLD TRADE CENTER, 250 GREENWICH ST, NEW YORK NY 10007
Caroline Sullivan	officer: SVP - Corporate Controller	7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Kathryn Hill	director	7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Lloyd Jr Howell	director	8283 GREENSBORO DRIVE, MCLEAN VA 22102
Vincent A Forlenza	director	C/O BECTON DICKERSON & CO, 1 BECTON DR, FRANKLIN LAKES NJ 07417
Jorge A. Bermudez	director	CORPORATE LAW DEPT., CITIGROUP INC., 425 PARK AVENUE, NEW YORK NY 10043
Jose Minaya	director	7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Saun Bruce Van	director	CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD, STAMFORD CT 06901
Leslie Seidman	director	7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Therese Esperdy	director	7 WORLD TRADE CENTER, 250 GREENWICH ST, NEW YORK NY 10007
Mark Kaye	officer: EVP & Chief Financial Officer	7 WORLD TRADE CENTER, 250 GREENWICH ST, NEW YORK NY 10007
Raymond W Mcdaniel	director, officer: Executive Vice President	7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007