MSI (Motorola Solutions) Days Payable : 70.05 (As of Jun. 2024)

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What is Motorola Solutions Days Payable?

Motorola Solutions's average Accounts Payable for the three months ended in Jun. 2024 was $990 Mil. Motorola Solutions's Cost of Goods Sold for the three months ended in Jun. 2024 was $1,289 Mil. Hence, Motorola Solutions's Days Payable for the three months ended in Jun. 2024 was 70.05.

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

MSI' s Days Payable Range Over the Past 10 Years
Min: 66.13 Med: 80.07 Max: 85.7
Current: 66.13

During the past 13 years, Motorola Solutions's highest Days Payable was 85.70. The lowest was 66.13. And the median was 80.07.

MSI's Days Payable is ranked worse than
52.08% of 2408 companies
in the Hardware industry
Industry Median: 67.905 vs MSI: 66.13

Motorola Solutions's Days Payable increased from Jun. 2023 (62.72) to Jun. 2024 (70.05). It may suggest that Motorola Solutions delayed paying its suppliers.

Motorola Solutions Days Payable Historical Data

The historical data trend for Motorola Solutions'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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Motorola Solutions Days Payable Chart

Motorola Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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71.78

74.56

82.26

85.70

81.19

Motorola Solutions Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															62.72	59.75	61.53	75.62	70.05

Competitive Comparison of Motorola Solutions's Days Payable

For the Communication Equipment subindustry, Motorola Solutions'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.

Motorola Solutions's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Motorola Solutions's Days Payable distribution charts can be found below:

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

Motorola Solutions 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.

Motorola Solutions'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
=	( (1207	+	1021)	/	2 )	/	5008	*	365
=	1114					/	5008	*	365
=	81.19

Motorola Solutions'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
=	( (963	+	1016)	/	2 )	/	1289	*	365 / 4
=	989.5					/	1289	*	365 / 4
=	70.05

Motorola Solutions Days Payable Related Terms

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Motorola Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Motorola Solutions Inc (NYSE:MSI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

1MSI:Italy 0K3H:UK MTLA:Germany MTLA:Germany M1SI34:Brazil MOSI:Austria MSI:Argentina

Address

500 West Monroe Street, Suite 4400, Chicago, IL, USA, 60661

Website

https://www.motorolasolutions.com

Motorola Solutions is a leading provider of communications and analytics, primarily serving public safety departments as well as schools, hospitals, and businesses. The bulk of the firm's revenue comes from sales of land mobile radios and radio network infrastructure, but the firm also sells surveillance equipment and dispatch software. Most of Motorola's revenue comes from government agencies, while roughly 25% comes from schools and private businesses. Motorola has customers in over 100 countries and in every state in the United States.

Executives

Cynthia Yazdi	officer: SVP, Communications & Brand	500 WEST MONROE STREET, CHICAGO IL 60661
Gregory Q Brown	director, officer: Chairman and CEO	500 WEST MONROE ST., CHICAGO IL 60661
Jason J Winkler	officer: EVP and CFO	500 WEST MONROE STREET, CHICAGO IL 60661
James A Niewiara	officer: SVP, GENERAL COUNSEL	MOTOROLA SOLUTIONS, INC., 500 WEST MONROE ST., CHICAGO IL 60661
John P Molloy	officer: EVP and COO	500 WEST MONROE ST., CHICAGO IL 60661
Rajan Naik	officer: SVP, Strategy & Ventures	500 WEST MONROE STREET, CHICAGO IL 60661
Kenneth D Denman	director
Karen E Dunning	officer: SVP, Human Resources	MOTOROLA SOLUTIONS, INC., 500 WEST MONROE ST., CHICAGO IL 60661
Katherine A Maher	officer: CVP and CAO	500 WEST MONROE ST., CHICAGO IL 60661
Mark S. Hacker	officer: EVP, GC & Chief Admin Officer	500 WEST MONROE ST., CHICAGO IL 60661
Joseph M Tucci	director	EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Clayton M Jones	director	400 COLLINS ROAD NE, CEDAR RAPIDS IA 52498
Judy C Lewent	director	PO BOX 100, WHITEHOUSE STATION NJ 08889
Ayanna Howard	director	111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Mahesh Saptharishi	officer: EVP and CTO	500 WEST MONROE ST., CHICAGO IL 60661