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Douglas Dynamics Inc (NYSE:PLOW)
Days Payable
26.99 (As of Mar. 2016)

Douglas Dynamics Inc's payable for the three months ended in Mar. 2016 was $10.3 Mil. Douglas Dynamics Inc's cost of goods sold for the three months ended in Mar. 2016 was $34.7 Mil. Hence, Douglas Dynamics Inc's days payable for the three months ended in Mar. 2016 was 26.99.

PLOW' s Days Payable Range Over the Past 10 Years
Min: 8.92   Max: 21.87
Current: 14.13

8.92
21.87

During the past 9 years, Douglas Dynamics Inc's highest Days Payable was 21.87. The lowest was 8.92. And the median was 17.33.

PLOW's Days Payable is ranked lower than
89% of the 980 Companies
in the Global Auto Parts industry.

( Industry Median: 51.29 vs. PLOW: 14.13 )

Douglas Dynamics Inc's days payable increased from Mar. 2015 (24.98) to Mar. 2016 (26.99). It may suggest that Douglas Dynamics Inc delayed paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Douglas Dynamics Inc's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=14.555/267.545*365
=19.86

Douglas Dynamics Inc's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=10.25/34.658*365 / 4
=26.99

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Douglas Dynamics Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 0.0017.3315.3316.098.9213.4320.4021.8719.0219.86

Douglas Dynamics Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 15.4320.279.289.1114.5024.9813.7915.4216.5526.99
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