Dorman Products (Dorman Products) Days Payable

: 50.95 (As of Dec. 2023)

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Dorman Products's average Accounts Payable for the three months ended in Dec. 2023 was $168 Mil. Dorman Products's Cost of Goods Sold for the three months ended in Dec. 2023 was $300 Mil. Hence, Dorman Products's Days Payable for the three months ended in Dec. 2023 was 50.95.

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

DORM' s Days Payable Range Over the Past 10 Years
Min: 45.54 Med: 52.93 Max: 61.07
Current: 47.68

During the past 13 years, Dorman Products's highest Days Payable was 61.07. The lowest was 45.54. And the median was 52.93.

DORM's Days Payable is ranked worse than
67.46% of 1263 companies
in the Vehicles & Parts industry
Industry Median: 65.96 vs DORM: 47.68

Dorman Products's Days Payable increased from Dec. 2022 (50.34) to Dec. 2023 (50.95). It may suggest that Dorman Products delayed paying its suppliers.

Dorman Products Days Payable Historical Data

The historical data trend for Dorman Products'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.

Dorman Products Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

55.89

53.57

61.07

55.75

52.28

Dorman Products Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																50.34	46.08	42.85	46.46	50.95

Competitive Comparison

For the Auto Parts subindustry, Dorman Products'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.

Dorman Products Days Payable Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Dorman Products's Days Payable distribution charts can be found below:

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

Dorman Products 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.

Dorman Products'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
=	( (179.819	+	176.664)	/	2 )	/	1244.365	*	365
=	178.2415					/	1244.365	*	365
=	52.28

Dorman Products's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (158.418	+	176.664)	/	2 )	/	300.074	*	365 / 4
=	167.541					/	300.074	*	365 / 4
=	50.95

Dorman Products Days Payable Related Terms

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Dorman Products (Dorman Products) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Dorman Products Inc (NAS:DORM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3400 East Walnut Street, Colmar, PA, USA, 18915

Website

https://www.dormanproducts.com

Dorman Products Inc is a supplier of original equipment parts for automobiles. The company produces automotive and heavy-duty replacement parts, automotive hardware, brake parts, and fasteners for the automotive and heavy-duty aftermarket. The products are sold under the Dorman brand and its sub-brands OE Solutions, Help!, Conduct-Tite, and HD Solutions through aftermarket retailers, regional and local warehouse distributors, specialty markets, and salvage yards. It operates as a single reportable operating segment, namely, the sale of replacement and upgrades parts in the motor vehicle aftermarket industry, serving passenger cars, light-, medium-, and heavy-duty trucks as well as specialty vehicles. The company operates primarily in the United States.

Executives

G. Michael Stakias	director	C/O DORMAN PRODUCTS, INC., 3400 EAST WALNUT STREET, COLMAR PA 18915
Lindsay Hunt	officer: Pres and CEO, Specialty Vehicl	3400 EAST WALNUT STREET, COLMAR PA 18915
Brian Borradaile	officer: SVP, Strategy & Corp Dev	3400 EAST WALNUT STREET, COLMAR PA 18915
Eric Luftig	officer: Senior Vice President, Product	3400 EAST WALNUT STREET, COLMAR PA 18915
Jeffery Darby	officer: SVP, Sales	C/O DORMAN PRODUCTS, INC., 3400 EAST WALNUT STREET, COLMAR PA 18915
Steven L Berman	director, 10 percent owner, officer: President, COO
James Darrell Thomas	director	3700 JUNEAU AVENUE, MILWAUKEE WI 53208
John J Gavin	director	GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
Donna M. Long	officer: SVP, CIO	3400 EAST WALNUT STREET, COLMAR PA 18915
John Mcknight	officer: SVP, Operations	3400 EAST WALNUT STREET, COLMAR PA 19103
Paul E Anderson	officer: President, Heavy Duty	3400 EAST WALNUT STREET, COLMAR PA 18915
Scott Leff	officer: SVP, CHRO	3400 EAST WALNUT STREET, COLMAR PA 18915
Michael Kealey	officer: SVP, Product	C/O DORMAN PRODUCTS, INC., 3400 EAST WALNUT STREET, COLMAR PA 18915
Lisa M Bachmann	director	300 PHILLIPI ROAD, COLUMBUS OH 43228
Joseph P. Braun	officer: SVP and General Counsel	C/O DORMAN PRODUCTS, INC., 3400 EAST WALNUT STREET, COLMAR PA 18915