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MSI (Motorola Solutions) Days Payable : 69.36 (As of Sep. 2024)


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What is Motorola Solutions Days Payable?

Motorola Solutions's average Accounts Payable for the three months ended in Sep. 2024 was $1,032 Mil. Motorola Solutions's Cost of Goods Sold for the three months ended in Sep. 2024 was $1,357 Mil. Hence, Motorola Solutions's Days Payable for the three months ended in Sep. 2024 was 69.36.

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

MSI' s Days Payable Range Over the Past 10 Years
Min: 68.39   Med: 80.07   Max: 85.7
Current: 68.39

During the past 13 years, Motorola Solutions's highest Days Payable was 85.70. The lowest was 68.39. And the median was 80.07.

MSI's Days Payable is ranked worse than
50.31% of 2409 companies
in the Hardware industry
Industry Median: 68.75 vs MSI: 68.39

Motorola Solutions's Days Payable increased from Sep. 2023 (59.75) to Sep. 2024 (69.36). It may suggest that Motorola Solutions delayed paying its suppliers.


Motorola Solutions Days Payable Historical Data

The historical data trend for Motorola Solutions'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.

* Premium members only.

Motorola Solutions Days Payable Chart

Motorola Solutions 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 71.78 74.56 82.26 85.70 81.19

Motorola Solutions 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 59.75 61.53 75.62 70.05 69.36

Competitive Comparison of Motorola Solutions's Days Payable

For the Communication Equipment subindustry, Motorola Solutions'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.


Motorola Solutions's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Motorola Solutions's Days Payable distribution charts can be found below:

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



Motorola Solutions 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.

Motorola Solutions'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
=( (1207 + 1021) / 2 ) / 5008*365
=1114 / 5008*365
=81.19

Motorola Solutions'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
=( (1016 + 1047) / 2 ) / 1357*365 / 4
=1031.5 / 1357*365 / 4
=69.36

* 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.


Motorola Solutions Days Payable Related Terms

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Motorola Solutions Business Description

Address
500 West Monroe Street, Suite 4400, Chicago, IL, USA, 60661
Motorola Solutions is a leading provider of communications and analytics, primarily serving public safety departments as well as schools, hospitals, and businesses. The bulk of the firm's revenue comes from sales of land mobile radios and radio network infrastructure, but the firm also sells surveillance equipment and dispatch software. Most of Motorola's revenue comes from government agencies, while roughly 25% comes from schools and private businesses. Motorola has customers in over 100 countries and in every state in the United States.
Executives
Gregory Q Brown director, officer: Chairman and CEO 500 WEST MONROE ST., CHICAGO IL 60661
Judy C Lewent director PO BOX 100, WHITEHOUSE STATION NJ 08889
Cynthia Yazdi officer: SVP, Communications & Brand 500 WEST MONROE STREET, CHICAGO IL 60661
Jason J Winkler officer: EVP and CFO 500 WEST MONROE STREET, CHICAGO IL 60661
James A Niewiara officer: SVP, GENERAL COUNSEL MOTOROLA SOLUTIONS, INC., 500 WEST MONROE ST., CHICAGO IL 60661
John P Molloy officer: EVP and COO 500 WEST MONROE ST., CHICAGO IL 60661
Rajan Naik officer: SVP, Strategy & Ventures 500 WEST MONROE STREET, CHICAGO IL 60661
Kenneth D Denman director
Karen E Dunning officer: SVP, Human Resources MOTOROLA SOLUTIONS, INC., 500 WEST MONROE ST., CHICAGO IL 60661
Katherine A Maher officer: CVP and CAO 500 WEST MONROE ST., CHICAGO IL 60661
Mark S. Hacker officer: EVP, GC & Chief Admin Officer 500 WEST MONROE ST., CHICAGO IL 60661
Joseph M Tucci director EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Clayton M Jones director 400 COLLINS ROAD NE, CEDAR RAPIDS IA 52498
Ayanna Howard director 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Mahesh Saptharishi officer: EVP and CTO 500 WEST MONROE ST., CHICAGO IL 60661