Douglas Dynamics (Douglas Dynamics) Days Payable : 31.79 (As of Dec. 2023)

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What is Douglas Dynamics Days Payable?

Douglas Dynamics's average Accounts Payable for the three months ended in Dec. 2023 was $36.5 Mil. Douglas Dynamics's Cost of Goods Sold for the three months ended in Dec. 2023 was $104.7 Mil. Hence, Douglas Dynamics's Days Payable for the three months ended in Dec. 2023 was 31.79.

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

PLOW' s Days Payable Range Over the Past 10 Years
Min: 15.77 Med: 17.9 Max: 33.91
Current: 28.26

During the past 13 years, Douglas Dynamics's highest Days Payable was 33.91. The lowest was 15.77. And the median was 17.90.

PLOW's Days Payable is ranked worse than
86.52% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 65.94 vs PLOW: 28.26

Douglas Dynamics's Days Payable increased from Dec. 2022 (28.20) to Dec. 2023 (31.79). It may suggest that Douglas Dynamics delayed paying its suppliers.

Douglas Dynamics Days Payable Historical Data

The historical data trend for Douglas Dynamics'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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Douglas Dynamics Days Payable Chart

Douglas Dynamics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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15.77

16.80

19.94

30.10

33.91

Douglas Dynamics Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															28.20	46.31	14.31	26.19	31.79

Competitive Comparison of Douglas Dynamics's Days Payable

For the Auto Parts subindustry, Douglas Dynamics'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.

Douglas Dynamics's Days Payable Distribution in the Vehicles & Parts Industry

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

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

Douglas Dynamics 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.

Douglas Dynamics'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
=	( (49.252	+	31.374)	/	2 )	/	433.908	*	365
=	40.313					/	433.908	*	365
=	33.91

Douglas Dynamics'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
=	( (41.596	+	31.374)	/	2 )	/	104.742	*	365 / 4
=	36.485					/	104.742	*	365 / 4
=	31.79

Douglas Dynamics Days Payable Related Terms

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Douglas Dynamics (Douglas Dynamics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Douglas Dynamics Inc (NYSE:PLOW) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

5D4:Germany

Address

11270 W Park Place, Suite 300, Milwaukee, WI, USA, 53224

Website

https://www.douglasdynamics.com

Douglas Dynamics Inc is a manufacturer and upfitter of commercial vehicle attachments and equipment. The Company's portfolio includes snow and ice management attachments sold under the BLIZZARD, FISHER, HENDERSON, SNOWEX and WESTERN brands, turf care equipment under the TURFEX brand and industrial maintenance equipment under the SWEEPEX brand. The Company's portfolio also includes the upfit of attachments and storage solutions under the HENDERSON brand, and the DEJANA brand and its related sub-brands. The Company also leases fifteen manufacturing and upfit and service facilities located in Iowa, Maryland, Missouri, New Jersey, New York, Ohio, Pennsylvania, and Rhode Island. The Company conducts business in two segments: Work Truck Attachments and Work Truck Solutions.

Executives

Robert L Mccormick	officer: President and CEO	C/O DOUGLAS DYNAMICS, INC., 7777 NORTH 73RD STREET, MILWAUKEE WI 53233
James L Janik	director	C/O DOUGLAS DYNAMICS, INC., 7777 NORTH 73RD STREET, MILWAUKEE WI 53233
Genderen Mark Van	officer: President - Work Truck Attm.	C/O DOUGLAS DYNAMICS, INC., 11270 W. PARK PLACE, SUITE 300, MILWAUKEE WI 53224
Linda R Evans	officer: VP of Human Resources	7777 N 73RD STREET, MILWAUKEE WI 53223
Jon J Sisulak	officer: Controller	7777 N 73RD STREET, MILWAUKEE WI 53223
Sarah C Lauber	officer: CFO and Secretary	833 EAST MICHIGAN STREET, SUITE 900, MILWAUKEE WI 53202
Joher Akolawala	director	11270 W. PARK PLACE, SUITE 300, MILWAUKEE WI 53224
Keith Hagelin	officer: VP, Operations	C/O DOUGLAS DYNAMICS, INC., 7777 NORTH 73RD STREET, MILWAUKEE WI 53233
Jonathon P. Sievert	officer: President - Henderson Products	C/O DOUGLAS DYNAMICS, INC., 7777 NORTH 73RD STREET, MILWAUKEE WI 53223
Lisa R Bacus	director	1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Y, PHILADELPHIA PA 19192
Andrew Dejana	officer: * See Remarks below	C/O DOUGLAS DYNAMICS, INC., 777 NORTH 73RD STREET, MILWAUKEE WI 53223
Robert J Young	officer: Controller	C/O DOUGLAS DYNAMICS, INC., 7777 NORTH 73RD STREET, MILWAUKEE WI 53233
Mark Adamson	officer: VP, Sales and Marketing	C/O DOUGLAS DYNAMICS, INC., 7777 NORTH 73RD STREET, MILWAUKEE WI 53233
Michael W Wickham	director	C/O ROADWAY CORP, 1077 GORGE BLVD, AKRON OH 44310
Margaret S Dano	director	FLEETWOOD ENTERPRISES INC, 3125 MYERS STREET PO BOX 7638, RIVERSIDE CA 92513-7638