CLMT (Calumet) Days Payable : 33.85 (As of Dec. 2024)

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What is Calumet Days Payable?

Calumet's average Accounts Payable for the three months ended in Dec. 2024 was $321 Mil. Calumet's Cost of Goods Sold for the three months ended in Dec. 2024 was $866 Mil. Hence, Calumet's Days Payable for the three months ended in Dec. 2024 was 33.85.

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

CLMT' s Days Payable Range Over the Past 10 Years
Min: 26.2 Med: 31.24 Max: 39.6
Current: 30.02

During the past 13 years, Calumet's highest Days Payable was 39.60. The lowest was 26.20. And the median was 31.24.

CLMT's Days Payable is ranked worse than
79.95% of 1506 companies
in the Chemicals industry
Industry Median: 58.845 vs CLMT: 30.02

Calumet's Days Payable increased from Dec. 2023 (31.75) to Dec. 2024 (33.85). It may suggest that Calumet delayed paying its suppliers.

Calumet Days Payable Historical Data

The historical data trend for Calumet'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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Calumet Days Payable Chart

Calumet Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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34.45

29.17

31.28

37.39

29.63

Calumet Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															31.75	31.64	28.29	27.65	33.85

Competitive Comparison of Calumet's Days Payable

For the Specialty Chemicals subindustry, Calumet'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.

Calumet's Days Payable Distribution in the Chemicals Industry

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

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

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Calumet 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.

Calumet's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (322	+	320.8)	/	2 )	/	3958.6	*	365
=	321.4					/	3958.6	*	365
=	29.63

Calumet's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (321.6	+	320.8)	/	2 )	/	865.9	*	365 / 4
=	321.2					/	865.9	*	365 / 4
=	33.85

Calumet Days Payable Related Terms

Thank you for viewing the detailed overview of Calumet's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Calumet Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Calumet Inc (NAS:CLMT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1060 N Capitol Avenue, Suite 6-401, Indianapolis, IN, USA, 46204-1044

Website

https://www.calumet.com

Calumet Inc is a producer of specialty products, including base oils, specialty oils, solvents, esters, and waxes, as well as a variety of fuel and fuel-related products, including asphalt and heavy fuel oils. The company manufactures, formulates, and markets a variety of specialty branded products to customers in various consumer-facing and industrial markets. Its segments include: Specialty Products and Solutions; Montana/Renewables; Performance Brands; and Corporate. The company generates maximum revenue from Fuels, asphalt and other by-products.

Executives

Stephen P Mawer	director	2780 WATERFRONT PKWY E. DRIVE, SUITE 200, INDIANAPOLIS IN 46214
Jennifer Straumins	officer: President and COO	2780 WATERFRONT PKWY E. DRIVE, SUITE 200, INDIANAPOLIS IN 46214
Daniel L Sheets	director	29400 LAKELAND BOULEVARD, WICKLIFFE OH 44092
Daniel J Sajkowski	director	5400 WEST 86TH STREET, INDIANAPOLIS IN 46268
John G. Boss	director	260 HUDSON RIVER ROAD, WATERFORD NY 12188
Ryan Willman	officer: Chief Accounting Officer	2780 WATERFRONT PKWY E. DR., STE. 200, INDIANAPOLIS IN 46214
Scott Obermeier	officer: EVP - Commercial	2780 WATERFRONT PARKWAY, E. DRIVE, INDIANAPOLIS IN 46214
James S Carter	director	2780 WATERFRONT PKWY. E. DRIVE, SUITE 200, INDIANPOLIS IN 46214
Louis Todd Borgmann	officer: SVP and Interim CFO	2780 WATERFRONT PARKWAY, E. DRIVE, SUITE 200, INDIANAPOLIS IN 46214
Karen A. Twitchell	director	9 COURTLANDT PLACE, HOUSTON TX 77006
Marc Lawn	officer: EVP - Performance Brands	2780 WATERFRONT PKWY E. DRIVE, SUITE 200, INDIANAPOLIS IN 46214
Paul C Raymond	director	HERCULES PLAZA, 1313 N MARKET STREET, WILMINGTON DE 19894
Vincent Donargo	officer: Chief Accounting Officer	ONE CELADON DRIVE, 9503 E. 33RD STREET, INDIANAPOLIS IN 46235
H. Keith Jennings	officer: Chief Financial Officer	2000 ST. JAMES PLACE, HOUSTON TX 77056
A Anderson William	officer: VP - Sales and Marketing	2780 WATERFRONT PARKWAY E. DRIVE,, SUITE 200, INDIANAPOLIS IN 46214