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Cohen (COHN) Days Payable

: 6.51 (As of Dec. 2023)
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Cohen's average Accounts Payable for the three months ended in Dec. 2023 was $1.17 Mil. Cohen's Cost of Goods Sold for the three months ended in Dec. 2023 was $16.34 Mil. Hence, Cohen's Days Payable for the three months ended in Dec. 2023 was 6.51.

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

COHN' s Days Payable Range Over the Past 10 Years
Min: 0.61   Med: 19.72   Max: 72.48
Current: 12.11

During the past 13 years, Cohen's highest Days Payable was 72.48. The lowest was 0.61. And the median was 19.72.

COHN's Days Payable is ranked worse than
83.24% of 525 companies
in the Capital Markets industry
Industry Median: 95.55 vs COHN: 12.11

Cohen's Days Payable declined from Dec. 2022 (36.85) to Dec. 2023 (6.51). It may suggest that Cohen accelerated paying its suppliers.

Cohen Days Payable Historical Data

The historical data trend for Cohen'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.

Cohen Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.98 1.60 0.61 15.43 18.60

Cohen Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.85 22.08 9.95 7.08 6.51
Competitive Comparison

For the Capital Markets subindustry, Cohen'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.

Cohen Days Payable Distribution

For the Capital Markets industry and Financial Services sector, Cohen's Days Payable distribution charts can be found below:

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


Cohen 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.

Cohen'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
=( (4.129 + 1.18) / 2 ) / 52.092*365
=2.6545 / 52.092*365
=18.60

Cohen'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
=( (1.151 + 1.18) / 2 ) / 16.335*365 / 4
=1.1655 / 16.335*365 / 4
=6.51

* 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.

Cohen Days Payable Related Terms

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Cohen (COHN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Cohen & Co Inc (AMEX:COHN) » Definitions » Days Payable
Comparable Companies
PHIL MEGL ATIF ITEX OLKR SLNH FDCT TCJH CRMZ MVCO MS GS SCHW ASX:MQG SHSE:600030 BSP:BPAC3 RJF TW SHSE:601066 LPLA
Traded in Other Exchanges
N/A
Address
2929 Arch Street, Cira Centre, Suite 1703, Philadelphia, PA, USA, 19104-2870
Website
https://www.cohenandcompany.com
Cohen & Co Inc is a United states company that delivers financial services in fixed income markets. It is focused on small-cap banking institutions and has grown to provide an expanding range of capital markets and asset management services. It has three business segments. The Capital Markets segment, which is the key revenue driver, consists of fixed income sales, trading, matched book repo financing, new issue placements in corporate and securitized products, and advisory services. The Asset Management segment manages assets within collateralized debt obligations, managed accounts, joint ventures, and investment funds. The Principal Investing segment is comprised of investments to earn return rather than to support trading, matched book repo, or other Capital Markets segment activities.
Executives
G Steven Dawson director CIRA CENTRE, 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
Douglas Listman officer: Chief Accounting Officer 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
Daniel G Cohen director, 10 percent owner, officer: Vice Chairman and CE Europe 712 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10019
Lester Raymond Brafman officer: Chief Executive Officer C/O INSTITUTIONAL FINANCIAL MARKETS, INC, 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104
Pooler Joseph W. Jr. officer: EVP, CFO and Treasurer 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
Christopher Ricciardi director, other: Former10% Owner 51 SHELLBARK LANE, BRIARCLIFF MANOR NY 10510
Stephanie Ricciardi other: Former 10% Owner C/O MR. RICCIARDI COHEN & COMPANY INC., 135 EAST 57TH STREET, 21ST FLOOR, NEW YORK NY 10022
Neil S Subin director 2336 S.E. OCEAN BOULEVARD, #400, STUART FL 34996
Thomas Costello director CIRA CENTRE, 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
James Mcentee director CIRA CENTRE, 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
Diana Louise Liberto director C/O INSTITUTIONAL FINANCIAL MARKETS, INC, CIRA CENTER, 2929 ARCH STREET, 17TH FL., PHILADELPHIA PA 19103
Jack Dimaio director C/O DIMAIO AHMAD CAPITAL LLC, 245 PARK AVENUE, NEW YORK NY 10167
Mead Park Capital Partners Llc 10 percent owner 126 EAST 56TH STREET, NEW YORK NY 10022
Edward E Cohen 10 percent owner RESOURCE AMERICA INC, 1845 WALNUT ST, PHILADELPHIA PA 19103
Ebc 2013 Family Trust 10 percent owner 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104