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Core & Main (Core & Main) Days Payable : 49.69 (As of Jan. 2024)


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What is Core & Main Days Payable?

Core & Main's average Accounts Payable for the three months ended in Jan. 2024 was $575 Mil. Core & Main's Cost of Goods Sold for the three months ended in Jan. 2024 was $1,056 Mil. Hence, Core & Main's Days Payable for the three months ended in Jan. 2024 was 49.69.

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

CNM' s Days Payable Range Over the Past 10 Years
Min: 36.73   Med: 39.19   Max: 45.77
Current: 42.02

During the past 6 years, Core & Main's highest Days Payable was 45.77. The lowest was 36.73. And the median was 39.19.

CNM's Days Payable is ranked worse than
65.97% of 144 companies
in the Industrial Distribution industry
Industry Median: 53.42 vs CNM: 42.02

Core & Main's Days Payable declined from Jan. 2023 (53.78) to Jan. 2024 (49.69). It may suggest that Core & Main accelerated paying its suppliers.


Core & Main Days Payable Historical Data

The historical data trend for Core & Main'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.

Core & Main Days Payable Chart

Core & Main Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Days Payable
Get a 7-Day Free Trial 37.57 39.19 45.77 40.85 36.73

Core & Main Quarterly Data
Jan19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 53.78 42.61 39.65 42.68 49.69

Competitive Comparison of Core & Main's Days Payable

For the Industrial Distribution subindustry, Core & Main'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.


Core & Main's Days Payable Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Core & Main's Days Payable distribution charts can be found below:

* The bar in red indicates where Core & Main's Days Payable falls into.



Core & Main 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.

Core & Main'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
=( (479 + 504) / 2 ) / 4884*365
=491.5 / 4884*365
=36.73

Core & Main's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

Days Payable (Q: Jan. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2023 ) + Accounts Payable (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (646 + 504) / 2 ) / 1056*365 / 4
=575 / 1056*365 / 4
=49.69

* 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.


Core & Main Days Payable Related Terms

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Core & Main (Core & Main) Business Description

Traded in Other Exchanges
N/A
Address
1830 Craig Park Court, Saint Louis, MO, USA, 63146
Core & Main Inc is a distributor of water, sewer, storm drain, and fire protection products in the United States. It combines local expertise with a national supply chain to provide contractors and municipalities solutions for new construction and aging infrastructure.
Executives
John R Schaller officer: President, Waterworks C/O CORE & MAIN, INC., 1830 CRAIG PARK COURT, ST. LOUIS MO 63146
Orvin T Kimbrough director C/O CORE & MAIN, INC., 1830 CRAIG PARK COURT, ST. LOUIS MO 63146
Stephen O Leclair director, officer: Chief Executive Officer 3100 CUMBERLAND BLVD, SUITE 1700, ATLANTA GA 30339
Laura K Schneider officer: Chief Human Resources Officer C/O CORE & MAIN, INC., 1830 CRAIG PARK COURT, ST. LOUIS MO 63146
Jeffrey D Giles officer: VP, Corporate Department C/O CORE & MAIN, INC., 1830 CRAIG PARK COURT, ST. LOUIS MO 63146
Cd&r Fund X Waterworks B1, L.p. 10 percent owner C/O CLAYTON, DUBILIER & RICE, LLC, 375 PARK AVENUE, 18TH FLOOR, NEW YORK NY 10152
John Weldon Stephens officer: VP, Corp. Controller C/O CORE & MAIN, INC., 1830 CRAIG PARK COURT, ST. LOUIS MO 63146
Mark R Witkowski officer: Chief Financial Officer C/O CORE & MAIN, INC., 1830 CRAIG PARK COURT, ST. LOUIS MO 63146
Bradford A Cowles officer: President, Fire Protection C/O CORE & MAIN, INC., 1830 CRAIG PARK COURT, ST. LOUIS MO 63146
James G Castellano director C/O CORE & MAIN, INC., 1830 CRAIG PARK COURT, ST. LOUIS MO 63146
Mark G Whittenburg officer: General Counsel and Secretary C/O CORE & MAIN, INC., 1830 CRAIG PARK COURT, ST. LOUIS MO 63146
Robert M Buck director 260 JIMMY ANN DRIVE, DAYTONA BEACH FL 32114
Bhavani Amirthalingam director 1901 CHOUTEAU AVENUE, P.O. BOX 66149, ST. LOUIS MO 63166-6149
Margaret Newman director KEURIG DR PEPPER INC., 53 SOUTH AVE., BURLINGTON MA 01803
Kathleen M Mazzarella director C/O GRAYBAR ELECTRIC CO., INC, 34 N. MERAMEC AVENUE, CLAYTON MO 63105