PHIN (Phinia) Days Payable : 78.64 (As of Dec. 2024)

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What is Phinia Days Payable?

Phinia's average Accounts Payable for the three months ended in Dec. 2024 was $555 Mil. Phinia's Cost of Goods Sold for the three months ended in Dec. 2024 was $644 Mil. Hence, Phinia's Days Payable for the three months ended in Dec. 2024 was 78.64.

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

PHIN' s Days Payable Range Over the Past 10 Years
Min: 65.1 Med: 79.66 Max: 87.11
Current: 80.89

During the past 5 years, Phinia's highest Days Payable was 87.11. The lowest was 65.10. And the median was 79.66.

PHIN's Days Payable is ranked better than
62.66% of 1280 companies
in the Vehicles & Parts industry
Industry Median: 65.29 vs PHIN: 80.89

Phinia's Days Payable declined from Dec. 2023 (95.45) to Dec. 2024 (78.64). It may suggest that Phinia accelerated paying its suppliers.

Phinia Days Payable Historical Data

The historical data trend for Phinia'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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Phinia Days Payable Chart

Phinia Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

65.10

79.27

87.11

80.05

Phinia Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial									95.45	85.06	79.44	81.17	78.64

Competitive Comparison of Phinia's Days Payable

For the Auto Parts subindustry, Phinia'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.

Phinia's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Phinia's Days Payable distribution charts can be found below:

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

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Phinia 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.

Phinia'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
=	( (639	+	522)	/	2 )	/	2647	*	365
=	580.5					/	2647	*	365
=	80.05

Phinia'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
=	( (588	+	522)	/	2 )	/	644	*	365 / 4
=	555					/	644	*	365 / 4
=	78.64

Phinia Days Payable Related Terms

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Phinia Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Phinia Inc (NYSE:PHIN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

3A6:Germany

Address

3000 University Drive, Auburn Hills, MI, USA, 48326

Website

https://www.phinia.com

Phinia Inc is engaged in the development, design, and manufacture of integrated components and systems that optimize performance, increase efficiency, and reduce emissions in combustion and hybrid propulsion for commercial vehicles, industrial applications, and light vehicles. Its product portfolio includes alternative fuel systems, fuel delivery modules, evaporative canisters, diesel fuel injection systems, electrical systems, hydrogen solutions, associated software, and others. The company's reportable segments are; the Fuel Systems segment, which derives key revenue, and the Aftermarket segment. Geographically, the company generates maximum revenue from the United States and the rest from the United Kingdom, China, Poland, Romania, Brazil, and other regions.

Executives

Rohan Weerasinghe	director	388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10013
Robin Kendrick	director	BORGWARNER INC., 3850 HAMLIN ROAD, AUBURN HILLS MI 48326
Michael Coetzee	officer: VP and GM Fuel Syst. Americas*	3000 UNIVERSITY DRIVE, AUBURN HILLS MI 48326
Neil Fryer	officer: VP and GM Global Aftermarket*	3000 UNIVERSITY DRIVE, AUBURN HILLS MI 48326
Robert Boyle	officer: VP, GC and Secretary	3000 UNIVERSITY DRIVE, AUBURN HILLS MI 48326
Christopher Gustanski	officer: VP, Operational Excellence*	3000 UNIVERSITY DRIVE, AUBURN HILLS MI 48326
Sebastian Dori	officer: VP and CPO*	3000 UNIVERSITY DRIVE, AUBURN HILLS MI 48326
Samuel R. Chapin	director	940 WINTER STREET, C/O PERKINELMER, WALTHAM MA 02451
Brady D Ericson	officer: President and CEO*	3850 HAMLIN ROAD, AUBURN HILLS MI 48326
Latondra Newton	director	3000 UNIVERSITY DRIVE, AUBURN HILLS MI 48326
Daun Norman	director	C/O GARRETT MOTION INC., LA PIECE 16, ROLLE V8 1180
Samantha Pombier	officer: VP Controller and CAO*	3000 UNIVERSITY DRIVE, AUBURN HILLS MI 48326
Beasi Alisa Di	officer: VP and CHRO*	3000 UNIVERSITY DRIVE, AUBURN HILLS MI 48326
Matthew Logar	officer: VP and CIO*	3000 UNIVERSITY DRIVE, AUBURN HILLS MI 48326
John Lipinski	officer: VP and GM Fuel Syst. Europe*	3000 UNIVERSITY DRIVE, AUBURN HILLS MI 48326