Dorel Industries (TSX:DII.A) Days Payable

: 97.64 (As of Dec. 2023)

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Dorel Industries's average Accounts Payable for the three months ended in Dec. 2023 was C$402 Mil. Dorel Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was C$375 Mil. Hence, Dorel Industries's Days Payable for the three months ended in Dec. 2023 was 97.64.

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

TSX:DII.A' s Days Payable Range Over the Past 10 Years
Min: 64.2 Med: 73.75 Max: 114.87
Current: 90.74

During the past 13 years, Dorel Industries's highest Days Payable was 114.87. The lowest was 64.20. And the median was 73.75.

TSX:DII.A's Days Payable is ranked better than
64.94% of 405 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 66.75 vs TSX:DII.A: 90.74

Dorel Industries's Days Payable increased from Dec. 2022 (80.21) to Dec. 2023 (97.64). It may suggest that Dorel Industries delayed paying its suppliers.

Dorel Industries Days Payable Historical Data

The historical data trend for Dorel Industries'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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Dorel Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

82.42

114.87

87.00

70.94

86.37

Dorel Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																80.21	82.72	93.26	94.37	97.64

Competitive Comparison

For the Furnishings, Fixtures & Appliances subindustry, Dorel Industries'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.

Dorel Industries Days Payable Distribution

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Dorel Industries's Days Payable distribution charts can be found below:

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

Dorel Industries 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.

Dorel Industries'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
=	( (341.085	+	385.854)	/	2 )	/	1536.089	*	365
=	363.4695					/	1536.089	*	365
=	86.37

Dorel Industries'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
=	( (417.58	+	385.854)	/	2 )	/	375.436	*	365 / 4
=	401.717					/	375.436	*	365 / 4
=	97.64

Dorel Industries Days Payable Related Terms

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Dorel Industries (TSX:DII.A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Dorel Industries Inc (TSX:DII.A) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

DIIBF:USA DO4B:Germany DII.B:Canada

Address

1255 Greene Avenue, Suite 300, Westmount, QC, CAN, H3Z 2A4

Website

https://www.dorel.com

Dorel Industries Inc is a Canadian company that sells juvenile products and furniture. Its segments include Dorel Home and Dorel Juvenile. Dorel Home segment is engaged in the design, sourcing, manufacturing, and distribution of ready-to-assemble furniture and home furnishings which include metal folding furniture, futons, children's furniture, step stools, hand trucks, ladders, outdoor furniture, and other imported furniture items. Dorel Juvenile segment is engaged in the design, sourcing, manufacturing, distribution, and retail of children's accessories which include infant car seats, strollers, high chairs, and infant health and safety aids. Its geographical segments include Canada, the United States, Europe, Latin America, Asia, and Other countries.

Dorel Industries (TSX:DII.A) Headlines

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