Olin (OLN) Days Payable : 47.61 (As of Dec. 2023)

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What is Olin Days Payable?

Olin's average Accounts Payable for the three months ended in Dec. 2023 was $747 Mil. Olin's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,431 Mil. Hence, Olin's Days Payable for the three months ended in Dec. 2023 was 47.61.

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

OLN' s Days Payable Range Over the Past 10 Years
Min: 29.1 Med: 43.37 Max: 55.41
Current: 50.21

During the past 13 years, Olin's highest Days Payable was 55.41. The lowest was 29.10. And the median was 43.37.

OLN's Days Payable is ranked worse than
61.66% of 1505 companies
in the Chemicals industry
Industry Median: 61 vs OLN: 50.21

Olin's Days Payable declined from Dec. 2022 (49.51) to Dec. 2023 (47.61). It may suggest that Olin accelerated paying its suppliers.

Olin Days Payable Historical Data

The historical data trend for Olin'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.

Olin Days Payable Chart

Olin Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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43.23

46.90

43.50

42.75

51.94

Olin 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															49.51	52.37	51.34	47.75	47.61

Competitive Comparison of Olin's Days Payable

For the Specialty Chemicals subindustry, Olin'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.

Olin's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Olin's Days Payable distribution charts can be found below:

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

Olin 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.

Olin'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
=	( (837.7	+	775.4)	/	2 )	/	5667.5	*	365
=	806.55					/	5667.5	*	365
=	51.94

Olin'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
=	( (717.6	+	775.4)	/	2 )	/	1430.9	*	365 / 4
=	746.5					/	1430.9	*	365 / 4
=	47.61

Olin Days Payable Related Terms

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Olin (OLN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Olin Corp (NYSE:OLN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

OLN:Germany OLN:Germany

Address

190 Carondelet Plaza, Suite 1530, Clayton, MO, USA, 63105

Website

https://www.olin.com

Olin Corp manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into three segments based on the product type. The Chlor alkali products and Vinyls segment, which generates the majority of revenue, sells chlorine and caustic soda, which are used in a variety of industries including cosmetics, textiles, crop protection, and fire protection products. The Epoxy segment sells epoxy resins used in paints and coatings. The Winchester segment sells sporting ammunition and ammunition accessories under the Winchester brand. The majority of revenue comes from the United States.

Executives

Damian Gumpel	officer: VP & Pres, CAPV	C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Brett A Flaugher	officer: VP & Pres, Winchester	C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Valerie A Peters	officer: VP, HR	C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Julie A Piggott	director	500 N AKARD ST. SUITE 400, DALLAS TX 75201
Heidi S Alderman	director	C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
James A Varilek	officer: EVP & COO	C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
R Nichole Sumner	officer: VP & Controller	OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Scott D. Ferguson	director	250 WEST 55TH STREET, 34TH FLOOR, NEW YORK NY 10019
C Robert Bunch	director	C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Patrick Murphy Schumacher	officer: VP & President, CAPV	C/O OLIN CORPORATION, 190 CARONDELET PLZ, SUITE 1530, CLAYTON MO 63105
Dana C. O'brien	officer: Senior VP, GC & Secretary	1111 LOUISIANA STREET, HOUSTON TX 77002
Pat D Dawson	officer: EVP-Pres, Intl & Corp Strategy	C/O OLIN CORPORATION, 190 CARONDELET PLAZA, SUITE 1530, CLAYTON MO 63105
W Anthony Will	director	C/O CF INDUSTRIES HOLDINGS, INC., 4 PARKWAY NORTH, SUITE 400, DEERFIELD IL 60015
Matthew S Darnall	director	C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Teresa M Vermillion	officer: VP & Treasurer	C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105