MSC Industrial Direct Company Inc (MSM)
Number of days of payables
| Mar 2, 2024 | Dec 2, 2023 | Sep 2, 2023 | Jun 3, 2023 | Mar 4, 2023 | Dec 3, 2022 | Sep 3, 2022 | May 28, 2022 | Feb 26, 2022 | Nov 27, 2021 | Aug 28, 2021 | May 29, 2021 | Feb 27, 2021 | Nov 28, 2020 | Aug 29, 2020 | May 30, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | Jun 1, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 11.42 | 12.65 | 10.56 | 12.19 | 11.97 | 11.36 | 10.83 | 11.15 | 11.36 | 12.34 | 11.51 | 7.66 | 8.69 | 9.90 | 11.51 | 15.17 | 12.49 | 13.69 | 12.07 | 13.08 | |
| Number of days of payables | days | 31.97 | 28.86 | 34.58 | 29.94 | 30.50 | 32.14 | 33.70 | 32.73 | 32.12 | 29.59 | 31.71 | 47.65 | 42.01 | 36.87 | 31.72 | 24.07 | 29.21 | 26.66 | 30.25 | 27.90 |
March 2, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 11.42
= 31.97
The analysis of MSC Industrial Direct Company Inc's number of days of payables reveals fluctuations over the examined period. The company's days of payables ranged from a low of 24.07 days to a high of 47.65 days. This indicates varying payment practices and management strategies related to accounts payable during the period. The average number of days of payables for the period suggests that, on average, the company takes around one month to pay its suppliers. It is important to monitor these trends to assess the company's efficiency in managing its working capital and supplier relationships.
Peer comparison
Mar 2, 2024
Company name
Symbol
Number of days of payables
MSC Industrial Direct Company Inc
MSM
31.97
DXP Enterprises Inc
DXPE
22.54