Parker Hannifin (MEX:PH) Days Payable : 54.94 (As of Dec. 2024)

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What is Parker Hannifin Days Payable?

Parker Hannifin's average Accounts Payable for the three months ended in Dec. 2024 was MXN37,949 Mil. Parker Hannifin's Cost of Goods Sold for the three months ended in Dec. 2024 was MXN63,031 Mil. Hence, Parker Hannifin's Days Payable for the three months ended in Dec. 2024 was 54.94.

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

MEX:PH' s Days Payable Range Over the Past 10 Years
Min: 43.99 Med: 47.64 Max: 58.81
Current: 55.52

During the past 13 years, Parker Hannifin's highest Days Payable was 58.81. The lowest was 43.99. And the median was 47.64.

MEX:PH's Days Payable is ranked worse than
65.16% of 2942 companies
in the Industrial Products industry
Industry Median: 76.52 vs MEX:PH: 55.52

Parker Hannifin's Days Payable declined from Dec. 2023 (59.75) to Dec. 2024 (54.94). It may suggest that Parker Hannifin accelerated paying its suppliers.

Parker Hannifin Days Payable Historical Data

The historical data trend for Parker Hannifin'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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Parker Hannifin Days Payable Chart

Parker Hannifin Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Days Payable

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40.57

56.19

58.51

58.98

55.75

Parker Hannifin 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															59.75	55.38	51.78	56.06	54.94

Competitive Comparison of Parker Hannifin's Days Payable

For the Specialty Industrial Machinery subindustry, Parker Hannifin'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.

Parker Hannifin's Days Payable Distribution in the Industrial Products Industry

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

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

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Parker Hannifin 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.

Parker Hannifin's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

	Days Payable (A: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2023 )	+	Accounts Payable (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (35161.007	+	36487.032)	/	2 )	/	234530.588	*	365
=	35824.0195					/	234530.588	*	365
=	55.75

Parker Hannifin'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
=	( (38464.548	+	37433.562)	/	2 )	/	63030.702	*	365 / 4
=	37949.055					/	63030.702	*	365 / 4
=	54.94

Parker Hannifin Days Payable Related Terms

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Parker Hannifin Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Parker Hannifin Corp (MEX:PH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PH:USA 1PH:Italy 0KFZ:UK PAR:Germany PAR:Germany PAR:Germany P1HC34:Brazil PH:Austria

Address

6035 Parkland Boulevard, Cleveland, OH, USA, 44124-4141

Website

https://www.parker.com

Parker Hannifin started out in 1917 as Parker Appliance, selling pneumatic brakes. Through the acquisition of branded components, the firm has expanded into aerospace engines, agricultural and construction machinery, freight and passenger vehicles, and industrial automation equipment. Within these larger systems, Parker sells a wide array of small, critical pieces such as hydraulic, electromechanical, climate control, and filtration components. Many of its products are designed to work together, resulting in a high rate of cross-selling.