Dole (DOLE) Days Payable : 30.67 (As of Dec. 2023)

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What is Dole Days Payable?

Dole's average Accounts Payable for the three months ended in Dec. 2023 was $645 Mil. Dole's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,920 Mil. Hence, Dole's Days Payable for the three months ended in Dec. 2023 was 30.67.

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

DOLE' s Days Payable Range Over the Past 10 Years
Min: 31 Med: 38.17 Max: 40.53
Current: 31

During the past 6 years, Dole's highest Days Payable was 40.53. The lowest was 31.00. And the median was 38.17.

DOLE's Days Payable is ranked worse than
69.61% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.6 vs DOLE: 31.00

Dole's Days Payable declined from Dec. 2022 (31.30) to Dec. 2023 (30.67). It may suggest that Dole accelerated paying its suppliers.

Dole Days Payable Historical Data

The historical data trend for Dole'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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Dole Days Payable Chart

Dole Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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39.34

40.53

38.17

32.87

31.70

Dole Quarterly Data
	Dec18	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial												31.30	31.88	29.91	30.90	30.67

Competitive Comparison of Dole's Days Payable

For the Farm Products subindustry, Dole'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.

Dole's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dole's Days Payable distribution charts can be found below:

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

Dole 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.

Dole'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
=	( (640.62	+	670.904)	/	2 )	/	7551.098	*	365
=	655.762					/	7551.098	*	365
=	31.70

Dole'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
=	( (619.914	+	670.904)	/	2 )	/	1920.077	*	365 / 4
=	645.409					/	1920.077	*	365 / 4
=	30.67

Dole Days Payable Related Terms

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Dole (DOLE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Dole PLC (NYSE:DOLE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

4CB:Germany

Address

29 North Anne Street, Dublin, IRL, D07 PH36

Website

https://www.doleplc.com

Dole PLC through its subsidiaries operates in the North American and European markets for fresh fruits and vegetables. The company's segment includes Fresh Fruit; Diversified Fresh Produce - EMEA; Diversified Fresh Produce - Americas and ROW and Fresh Vegetables. It generates maximum revenue from the Diversified Fresh Produce - EMEA segment. Diversified Fresh Produce - EMEA segment includes Dole's Irish, Dutch, Spanish, Portuguese, French, Italian, U.K., Swedish, Danish, South African, Eastern European, and Brazilian businesses, the majority of which sell a variety of imported and local fresh fruits and vegetables through retail, wholesale and, in some instances, food service channels across the European marketplace.