Polaris (STU:PL6) Days Payable : 50.39 (As of Sep. 2024)

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What is Polaris Days Payable?

Polaris's average Accounts Payable for the three months ended in Sep. 2024 was €680 Mil. Polaris's Cost of Goods Sold for the three months ended in Sep. 2024 was €1,232 Mil. Hence, Polaris's Days Payable for the three months ended in Sep. 2024 was 50.39.

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

STU:PL6' s Days Payable Range Over the Past 10 Years
Min: 26.29 Med: 34.15 Max: 49.99
Current: 46.02

During the past 13 years, Polaris's highest Days Payable was 49.99. The lowest was 26.29. And the median was 34.15.

STU:PL6's Days Payable is ranked worse than
68.19% of 1273 companies
in the Vehicles & Parts industry
Industry Median: 66.34 vs STU:PL6: 46.02

Polaris's Days Payable increased from Sep. 2023 (46.30) to Sep. 2024 (50.39). It may suggest that Polaris delayed paying its suppliers.

Polaris Days Payable Historical Data

The historical data trend for Polaris'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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Polaris Days Payable Chart

Polaris Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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28.03

43.76

48.21

43.36

41.49

Polaris 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															46.30	40.65	48.34	46.21	50.39

Competitive Comparison of Polaris's Days Payable

For the Recreational Vehicles subindustry, Polaris'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.

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

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

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

Polaris 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.

Polaris'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
=	( (800.134	+	653.913)	/	2 )	/	6395.617	*	365
=	727.0235					/	6395.617	*	365
=	41.49

Polaris'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
=	( (729.637	+	631.331)	/	2 )	/	1232.387	*	365 / 4
=	680.484					/	1232.387	*	365 / 4
=	50.39

Polaris Days Payable Related Terms

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

Polaris Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Polaris Inc (STU:PL6) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PII:USA 0KJQ:UK PL6:Germany

Address

2100 Highway 55, Medina, MN, USA, 55340

Website

https://www.polaris.com

Polaris designs and manufactures off-road vehicles, including all-terrain vehicles and side-by-side vehicles for recreational and utility purposes, snowmobiles, and on-road vehicles, including motorcycles, along with the related replacement parts, garments, and accessories. The firm entered the marine market after acquiring Boat Holdings in 2018, offering exposure to another segment of the outdoor lifestyle market. Polaris products retailed through more than 2,500 dealers in North America and through 1,500 international dealers as well as more than 25 subsidiaries and 90 distributors in more than 100 countries outside North America.

Polaris Headlines

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