Crawford (Crawford) Days Payable

: 17.77 (As of Dec. 2023)

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Crawford's average Accounts Payable for the three months ended in Dec. 2023 was $45 Mil. Crawford's Cost of Goods Sold for the three months ended in Dec. 2023 was $230 Mil. Hence, Crawford's Days Payable for the three months ended in Dec. 2023 was 17.77.

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

CRD.B' s Days Payable Range Over the Past 10 Years
Min: 17.51 Med: 19.5 Max: 21.95
Current: 17.63

During the past 13 years, Crawford's highest Days Payable was 21.95. The lowest was 17.51. And the median was 19.50.

CRD.B's Days Payable is ranked worse than
72.92% of 48 companies
in the Insurance industry
Industry Median: 57.26 vs CRD.B: 17.63

Crawford's Days Payable increased from Dec. 2022 (17.02) to Dec. 2023 (17.77). It may suggest that Crawford delayed paying its suppliers.

Crawford Days Payable Historical Data

The historical data trend for Crawford'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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Crawford Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

17.51

18.79

19.39

19.60

18.28

Crawford Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																17.02	18.66	16.78	16.70	17.77

Competitive Comparison

For the Insurance Brokers subindustry, Crawford'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.

Crawford Days Payable Distribution

For the Insurance industry and Financial Services sector, Crawford's Days Payable distribution charts can be found below:

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

Crawford 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.

Crawford'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
=	( (50.847	+	45.107)	/	2 )	/	957.847	*	365
=	47.977					/	957.847	*	365
=	18.28

Crawford'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
=	( (44.473	+	45.107)	/	2 )	/	230.026	*	365 / 4
=	44.79					/	230.026	*	365 / 4
=	17.77

Crawford Days Payable Related Terms

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Crawford (Crawford) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Crawford & Co (NYSE:CRD.B) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CRD.A:USA CWK0:Germany

Address

5335 Triangle Parkway, Peachtree Corners, GA, USA, 30092

Website

https://www.crawco.com

Crawford & Co provides claims and outsourcing solutions to the risk management, insurance industry, and self-insured entities. Its segments include North America Loss Adjusting; International Operations; Broadspire and Platform Solutions. The company generates maximum revenue from the International Operations segment. International Operations segment provides services to the North American property and casualty market and provides claims management services to insurance carriers and self-insured entities related to property and casualty losses.