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ECL (Ecolab) Days Payable : 67.14 (As of Jun. 2024)


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What is Ecolab Days Payable?

Ecolab's average Accounts Payable for the three months ended in Jun. 2024 was $1,649 Mil. Ecolab's Cost of Goods Sold for the three months ended in Jun. 2024 was $2,241 Mil. Hence, Ecolab's Days Payable for the three months ended in Jun. 2024 was 67.14.

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

ECL' s Days Payable Range Over the Past 10 Years
Min: 48.89   Med: 59.73   Max: 66.94
Current: 66.94

During the past 13 years, Ecolab's highest Days Payable was 66.94. The lowest was 48.89. And the median was 59.73.

ECL's Days Payable is ranked better than
54.11% of 1510 companies
in the Chemicals industry
Industry Median: 59.985 vs ECL: 66.94

Ecolab's Days Payable increased from Jun. 2023 (57.58) to Jun. 2024 (67.14). It may suggest that Ecolab delayed paying its suppliers.


Ecolab Days Payable Historical Data

The historical data trend for Ecolab'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.

Ecolab Days Payable Chart

Ecolab 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 60.37 59.09 60.98 64.32 65.67

Ecolab 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 58.25 61.22 68.04 67.14 70.67

Competitive Comparison of Ecolab's Days Payable

For the Specialty Chemicals subindustry, Ecolab'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.


Ecolab's Days Payable Distribution in the Chemicals Industry

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

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



Ecolab 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.

Ecolab'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
=( (1728.2 + 1566.3) / 2 ) / 9154.9*365
=1647.25 / 9154.9*365
=65.67

Ecolab's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (1607.1 + 1690.7) / 2 ) / 2241*365 / 4
=1648.9 / 2241*365 / 4
=67.14

* 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.


Ecolab Days Payable Related Terms

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


Ecolab Business Description

Address
1 Ecolab Place, Saint Paul, MN, USA, 55102
Ecolab produces and markets cleaning and sanitation products for the industrial manufacturing, hospitality, healthcare, and life sciences markets. The firm is the global market share leader in this category with a wide array of products and services, including dish and laundry washing systems, pest control, and infection control products. Additionally, Ecolab sells customized water management solutions across its end markets. The company has a strong hold on the US market and is growing its presence abroad.
Executives
Victoria Reich director UNITED STATIONERS SUPPLY CO, ONE PARKWAY NORTH BLVD SUITE 100, LAKE FOREST IL 60045
Gregory B Cook officer: EVP & PRES - INST GROUP 1 ECOLAB PLACE, SAINT PAUL MN 55102
Nicholas J. Alfano officer: EVP & PRES - GLOBAL INDUSTRIAL 1 ECOLAB PLACE, SAINT PAUL MN 55102
Laurie M Marsh officer: Senior VP - Human Resources 1601 W. DIEHL ROAD, NAPERVILLE IL 60563
David Maclennan director 14701 CHARLSON ROAD, EDEN PRAIRIE MN 55347
Arthur J Higgins director C/O ZIMMER, INC., P.O. BOX 708, WARSAW IN 46580
Jennifer J Bradway officer: SVP & CORPORATE CONTROLLER 1 ECOLAB PLACE, ST. PAUL MN 55102
Angela M Busch officer: SVP - Corporate Development 1 ECOLAB PLACE, SAINT PAUL MN 55102
Nicolas A Granucci officer: EVP & PRES - GLOBAL PEST 1 ECOLAB PLACE, SAINT PAUL MN 55102
Larry L Berger officer: Chief Technical Officer & SVP 1 ECOLAB PLACE, SAINT PAUL MN 55102
Gail Peterson officer: SVP - Global Mktg & Comms 1 ECOLAB PLACE, SAINT PAUL MN 55102
Christophe Beck officer: Executive V.P., Instit. NA 370 WABASHA STREET NORTH, SAINT PAUL MN 55102
Eric Mark Green director 530 HERMAN O. WEST DRIVE, EXTON PA 19341
Gates William H Iii 10 percent owner 2365 CARILLON POINT, KIRKLAND WA 98033
Michael C. Mccormick officer: Ex.VP, GC & Asst. Secretary 1 ECOLAB PLACE, ST. PAUL MN 55102