RPM (RPM International) Days Payable : 57.68 (As of Nov. 2024)

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What is RPM International Days Payable?

RPM International's average Accounts Payable for the three months ended in Nov. 2024 was $683 Mil. RPM International's Cost of Goods Sold for the three months ended in Nov. 2024 was $1,081 Mil. Hence, RPM International's Days Payable for the three months ended in Nov. 2024 was 57.68.

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

RPM' s Days Payable Range Over the Past 10 Years
Min: 55 Med: 62 Max: 71.39
Current: 55

During the past 13 years, RPM International's highest Days Payable was 71.39. The lowest was 55.00. And the median was 62.00.

RPM's Days Payable is ranked worse than
53.52% of 1506 companies
in the Chemicals industry
Industry Median: 58.845 vs RPM: 55.00

RPM International's Days Payable declined from Nov. 2023 (58.33) to Nov. 2024 (57.68). It may suggest that RPM International accelerated paying its suppliers.

RPM International Days Payable Historical Data

The historical data trend for RPM International'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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RPM International Days Payable Chart

RPM International Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

Days Payable

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58.37

61.76

64.79

59.96

56.20

RPM International Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Days Payable	Get a 7-Day Free Trial															58.33	61.21	47.56	54.13	57.68

Competitive Comparison of RPM International's Days Payable

For the Specialty Chemicals subindustry, RPM International'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.

RPM International's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, RPM International's Days Payable distribution charts can be found below:

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

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RPM International 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.

RPM International's Days Payable for the fiscal year that ended in May. 2024 is calculated as

	Days Payable (A: May. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: May. 2023 )	+	Accounts Payable (A: May. 2024 ))	/	count )	/	Cost of Goods Sold (A: May. 2024 )	*	Days in Period
=	( (680.938	+	649.65)	/	2 )	/	4320.688	*	365
=	665.294					/	4320.688	*	365
=	56.20

RPM International's Days Payable for the quarter that ended in Nov. 2024 is calculated as:

	Days Payable (Q: Nov. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2024 )	+	Accounts Payable (Q: Nov. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2024 )	*	Days in Period
=	( (693.519	+	672.921)	/	2 )	/	1080.774	*	365 / 4
=	683.22					/	1080.774	*	365 / 4
=	57.68

RPM International Days Payable Related Terms

Thank you for viewing the detailed overview of RPM International's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

RPM International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » RPM International Inc (NYSE:RPM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0A62:UK RP8:Germany

Address

2628 Pearl Road, P.O. Box 777, Medina, OH, USA, 44256

Website

https://www.rpminc.com

RPM International Inc manufactures and sells a variety of paints, coatings, and adhesives. The firm organizes itself into four segments based on product type. The construction products group sells coatings, roofing, insulation, and other products to distributors, contractors, and end consumers globally. The performance coatings group produces coatings that are used in construction and industrial applications like floorings and corrosion control. The consumer group sells paint, finishes, and similar products to individual consumers through hardware and craft stores. The specialty products group sells a line of products ranging from niche applications of the other groups to marine finishes, to edible food colorings. The majority of revenue comes from North America.

Executives

Frederick R. Nance	director	2628 PEARL ROAD, P.O. BOX 777, MEDINA OH 44258
Michael J. Laroche	officer: VP, Controller & CAO	2628 PEARL ROAD, P.O. BOX 777, MEDINA OH 44258
Matthew T Ratajczak	officer: VP-Global Tax and Treasurer	2628 PEARL ROAD, P.O. BOX 777, MEDINA OH 44258
Frank C Sullivan	director, officer: President and CEO
Russell L Gordon	officer: VP and CFO	2628 PEARL ROAD, P.O. BOX 777, MEDINA OH 44258
Timothy R. Kinser	officer: VP-Operations	2628 PEARL ROAD, P.O. BOX 777, MEDINA OH 44258
Edward W. Moore	officer: VP, Gen. Counsel & Secretary	2628 PEARL ROAD, P.O. BOX 777, MEDINA OH 44258
Ellen M Pawlikowski	director	870 WINTER STREET, WALTHAM MA 02451
Elizabeth F Whited	director	1400 DOUGLAS ST, OMAHA NE 68179
Thomas Gross	director	DANAHER CORP, 2099 PENNSYLVANIA AVE NW 12TH FL, WASHINGTON DC 20006
David A. Daberko	director	C/O MARATHON PETROLEUM CORPORATION, 539 S. MAIN STREET, FINDLAY OH 45840
Michael Hobart Sullivan	officer: VP, Operations and CRO	2628 PEARL ROAD, P.O. BOX 777, MEDINA OH 44258
John M Ballbach	director
Kirkland B Andrews	director	C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Robert Livingston	director	C/O DOVER CORPORATION, 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515