CNH Industrial NV (MIL:1CNHI) Days Payable : 62.67 (As of Dec. 2024)

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What is CNH Industrial NV Days Payable?

CNH Industrial NV's average Accounts Payable for the three months ended in Dec. 2024 was €2,180 Mil. CNH Industrial NV's Cost of Goods Sold for the three months ended in Dec. 2024 was €3,173 Mil. Hence, CNH Industrial NV's Days Payable for the three months ended in Dec. 2024 was 62.67.

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

MIL:1CNHI' s Days Payable Range Over the Past 10 Years
Min: 78.58 Med: 95.72 Max: 196.2
Current: 79

During the past 13 years, CNH Industrial NV's highest Days Payable was 196.20. The lowest was 78.58. And the median was 95.72.

MIL:1CNHI's Days Payable is ranked better than
55.77% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 67.64 vs MIL:1CNHI: 79.00

CNH Industrial NV's Days Payable declined from Dec. 2023 (70.43) to Dec. 2024 (62.67). It may suggest that CNH Industrial NV accelerated paying its suppliers.

CNH Industrial NV Days Payable Historical Data

The historical data trend for CNH Industrial NV'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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CNH Industrial NV Days Payable Chart

CNH Industrial NV Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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204.94

122.03

76.18

80.44

78.73

CNH Industrial NV 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															70.43	97.45	75.24	78.87	62.67

Competitive Comparison of CNH Industrial NV's Days Payable

For the Farm & Heavy Construction Machinery subindustry, CNH Industrial NV'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.

CNH Industrial NV's Days Payable Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, CNH Industrial NV's Days Payable distribution charts can be found below:

* The bar in red indicates where CNH Industrial NV's Days Payable falls into.

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CNH Industrial NV 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.

CNH Industrial NV'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
=	( (3311.287	+	2188.86)	/	2 )	/	12749.25	*	365
=	2750.0735					/	12749.25	*	365
=	78.73

CNH Industrial NV'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
=	( (2170.509	+	2188.86)	/	2 )	/	3173.465	*	365 / 4
=	2179.6845					/	3173.465	*	365 / 4
=	62.67

CNH Industrial NV Days Payable Related Terms

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CNH Industrial NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » CNH Industrial NV (MIL:1CNHI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CNH:USA 0QGU:UK 37C:Germany CNHI:Austria

Address

Cranes Farm Road, Basildon, Essex, London, GBR, SS14 3AD

Website

https://www.cnh.com

CNH Industrial is the world's second largest manufacturer of agricultural machinery (82% of industrial net sales) as well as a major player in construction equipment (18% of industrial net sales). Its Case and New Holland brands have served farmers for generations. Geographically, agriculture sales are 40% North America, 32% Europe, Middle East, and Africa, 18% South America, and 10% Asia-Pacific. CNH's products are available through a robust independent dealer network, which includes over 2,600 dealer and distribution locations and reach into 164 countries. The construction business leverages over 400 dealers. The company's captive finance arm provides retail financing to its customers as well as wholesale financing for dealers to maintain inventory, which supports sales.

CNH Industrial NV Headlines

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