The Home Depot (MIL:1HD) Days Payable : 45.59 (As of Oct. 2024)

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What is The Home Depot Days Payable?

The Home Depot's average Accounts Payable for the three months ended in Oct. 2024 was €12,287 Mil. The Home Depot's Cost of Goods Sold for the three months ended in Oct. 2024 was €24,595 Mil. Hence, The Home Depot's Days Payable for the three months ended in Oct. 2024 was 45.59.

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

MIL:1HD' s Days Payable Range Over the Past 10 Years
Min: 38.53 Med: 39.05 Max: 45.6
Current: 43.16

During the past 13 years, The Home Depot's highest Days Payable was 45.60. The lowest was 38.53. And the median was 39.05.

MIL:1HD's Days Payable is ranked worse than
58.46% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 52.75 vs MIL:1HD: 43.16

The Home Depot's Days Payable increased from Oct. 2023 (42.08) to Oct. 2024 (45.59). It may suggest that The Home Depot delayed paying its suppliers.

The Home Depot Days Payable Historical Data

The historical data trend for The Home Depot'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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The Home Depot Days Payable Chart

The Home Depot Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Days Payable

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38.50

42.15

44.10

42.33

38.77

The Home Depot Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Days Payable	Get a 7-Day Free Trial															42.08	42.88	42.70	41.10	45.59

Competitive Comparison of The Home Depot's Days Payable

For the Home Improvement Retail subindustry, The Home Depot'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.

The Home Depot's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, The Home Depot's Days Payable distribution charts can be found below:

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

The Home Depot 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.

The Home Depot's Days Payable for the fiscal year that ended in Jan. 2024 is calculated as

	Days Payable (A: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jan. 2023 )	+	Accounts Payable (A: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jan. 2024 )	*	Days in Period
=	( (10619.104	+	9213.966)	/	2 )	/	93368.862	*	365
=	9916.535					/	93368.862	*	365
=	38.77

The Home Depot's Days Payable for the quarter that ended in Oct. 2024 is calculated as:

	Days Payable (Q: Oct. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jul. 2024 )	+	Accounts Payable (Q: Oct. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Oct. 2024 )	*	Days in Period
=	( (12175.932	+	12398.508)	/	2 )	/	24595.056	*	365 / 4
=	12287.22					/	24595.056	*	365 / 4
=	45.59

The Home Depot Days Payable Related Terms

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The Home Depot Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » The Home Depot Inc (MIL:1HD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HD:USA HD:Mexico HDI0:Germany HDI:Germany HDI:Germany HDI:Germany HDI:Germany HD:Canada HOME34:Brazil HD:Austria HD:Argentina

Address

2455 Paces Ferry Road, Atlanta, GA, USA, 30339

Website

https://www.homedepot.com

Home Depot is the world's largest home improvement specialty retailer, operating more than 2,300 warehouse-format stores offering more than 30,000 products in store and 1 million products online in the US, Canada, and Mexico. Its stores offer numerous building materials, home improvement products, lawn and garden products, and decor products and provide various services, including home improvement installation services and tool and equipment rentals. The acquisition of Interline Brands in 2015 allowed Home Depot to enter the MRO business, which has been expanded through the tie-up with HD Supply (2020). The additions of the Company Store brought textiles to the lineup, and the recent tie-up with SRS will help grow professional demand in roofing, pool and landscaping projects.

The Home Depot Headlines

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