WSO (Watsco) Days Payable : 32.30 (As of Sep. 2024)

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What is Watsco Days Payable?

Watsco's average Accounts Payable for the three months ended in Sep. 2024 was $564 Mil. Watsco's Cost of Goods Sold for the three months ended in Sep. 2024 was $1,594 Mil. Hence, Watsco's Days Payable for the three months ended in Sep. 2024 was 32.30.

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

WSO' s Days Payable Range Over the Past 10 Years
Min: 18.72 Med: 23.06 Max: 36.43
Current: 36.43

During the past 13 years, Watsco's highest Days Payable was 36.43. The lowest was 18.72. And the median was 23.06.

WSO's Days Payable is ranked worse than
75.84% of 149 companies
in the Industrial Distribution industry
Industry Median: 52.4 vs WSO: 36.43

Watsco's Days Payable declined from Sep. 2023 (32.52) to Sep. 2024 (32.30). It may suggest that Watsco accelerated paying its suppliers.

Watsco Days Payable Historical Data

The historical data trend for Watsco'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.

Watsco Days Payable Chart

Watsco Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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22.22

23.39

24.36

28.55

28.47

Watsco 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															32.52	33.72	42.51	36.62	32.30

Competitive Comparison of Watsco's Days Payable

For the Industrial Distribution subindustry, Watsco'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.

Watsco's Days Payable Distribution in the Industrial Distribution Industry

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

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

Watsco 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.

Watsco'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
=	( (456.128	+	369.396)	/	2 )	/	5291.627	*	365
=	412.762					/	5291.627	*	365
=	28.47

Watsco'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
=	( (564.082	+	0)	/	1 )	/	1593.792	*	365 / 4
=	564.082					/	1593.792	*	365 / 4
=	32.30

Watsco Days Payable Related Terms

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Watsco Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Watsco Inc (NYSE:WSO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

WSO.B:USA WC3:Germany W1SO34:Brazil

Address

2665 South Bayshore Drive, Suite 901, Miami, FL, USA, 33133

Website

https://www.watsco.com

Watsco is the largest heating, ventilation, air conditioning, and refrigeration products distributor in North America. The company primarily operates in the United States (90% of 2023 revenue) with significant exposure in the Sunbelt states. Watsco also has operations in Canada (5% of sales) and Latin America (5% of sales). The company's customer base consists of more than 125,000 contractors that serve the replacement and new construction HVACR markets for residential and light commercial applications.

Executives

Ana Lopez-blazquez	director	2665 S. BAYSHORE DRIVE, SUITE 901, MIAMI FL 33133
Valerie Schimel	director	2665 S. BAYSHORE DRIVE, SUITE 901, MIAMI FL 33133
John Alexander Macdonald	director	2665 S. BAYSHORE DRIVE, SUITE 901, MIAMI FL 33133
Stephen F. Rush	officer: EVP and COO	2665 S. BAYSHORE DRIVE, SUITE 901, MIAMI FL 33133
John Michael Custer	director	2665 S. BAYSHORE DRIVE, SUITE 901, MIAMI FL 33133
Brian E. Keeley	director	2665 S. BAYSHORE DRIVE, SUITE 901, MIAMI FL 33133
Steven Rubin	director	2665 S. BAYSHORE DRIVE, SUITE 901, MIAMI FL 33133
Barry S Logan	officer: Senior Vice President
Watsco Inc	director	2665 SOUTH BAYSHORE DR, STE 901, COCONUT GROVE FL 33133
Jason Epstein	director	% COLUMBUS ACQUISITION CORP, 153 EAST 53RD STREET 58TH FLOOR, NEW YORK NY 10022
United Technologies Corp /de/	10 percent owner	1000 WILSON BLVD, ARLINGTON VA 22209
David C. Darnell	director	100 NORTH TRYON STREET, CHARLOTTE NC 28255
Paul F Manley	director	C/O GENTA INC., TWO VANWAY, BERKELEY HEIGHTS NJ 07922
Bob L Moss	director
Denise Dickins	director	1867 TRAVIS CIRCLE, WEST PALM BEACH FL 33406