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Dana (DAN) Days Payable : 70.68 (As of Sep. 2024)


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What is Dana Days Payable?

Dana's average Accounts Payable for the three months ended in Sep. 2024 was $1,728 Mil. Dana's Cost of Goods Sold for the three months ended in Sep. 2024 was $2,231 Mil. Hence, Dana's Days Payable for the three months ended in Sep. 2024 was 70.68.

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

DAN' s Days Payable Range Over the Past 10 Years
Min: 51.32   Med: 61.24   Max: 72.77
Current: 67.31

During the past 13 years, Dana's highest Days Payable was 72.77. The lowest was 51.32. And the median was 61.24.

DAN's Days Payable is ranked better than
50.78% of 1274 companies
in the Vehicles & Parts industry
Industry Median: 66.375 vs DAN: 67.31

Dana's Days Payable declined from Sep. 2023 (72.18) to Sep. 2024 (70.68). It may suggest that Dana accelerated paying its suppliers.


Dana Days Payable Historical Data

The historical data trend for Dana'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.

Dana Days Payable Chart

Dana Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.24 72.77 65.32 66.23 67.93

Dana Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Payable Get a 7-Day Free Trial 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 72.18 71.26 63.24 63.65 70.68

Competitive Comparison of Dana's Days Payable

For the Auto Parts subindustry, Dana'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.


Dana's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Dana's Days Payable distribution charts can be found below:

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



Dana 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.

Dana'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
=( (1838 + 1756) / 2 ) / 9655*365
=1797 / 9655*365
=67.93

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

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (1767 + 1689) / 2 ) / 2231*365 / 4
=1728 / 2231*365 / 4
=70.68

* 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.


Dana Days Payable Related Terms

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


Dana Business Description

Traded in Other Exchanges
Address
3939 Technology Drive, Maumee, OH, USA, 43537
Dana Inc is engaged in the designing and manufacturing of efficient propulsion and energy-management solutions that power vehicles and machines in all mobility markets across the globe. The company has four operating segments: Light Vehicles, Power Technologies, Commercial Vehicle, and Off-Highway. The Light Vehicles segment generates the majority portion of revenue by providing products to support light vehicle OEMs. Its products are designed for light trucks, SUVs, CUVs, vans, and passenger cars.
Executives
James D Kellett officer: VP & Chief Accounting Officer 3946 WRENS NEST BLVD, MAUMEE OH 43537
Jeroen Decleer officer: SVP & Pres Off-Highway Drive GEMENEWEIDEWEG-NOORD 18, BRUGGE C9 8310
Aziz Aghili officer: Pres Off-Hwy Technologies & AP 5706 KIRKRIDGE TRAIL, ROCHESTER HILLS MI 48306
James Kevin Kamsickas director, officer: President & CEO 44011 CYPRESS POINT DRIVE, NORTHVILLE MI 48168
Byron S Foster officer: Pres, Light Veh Drive Systems 30 ISABELLA ST., PITTSBURGH PA 15212
Brett Icahn director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Gaoxiang Hu director 16690 COLLINS AVE., SUITE PH-1, SUNNY ISLES BEACH FL 33160
Ernesto M Hernandez director C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BLDG. 100, VICTOR NY 14564
Timothy R Kraus officer: SVP & Chief Financial Officer 812, PILGRAM AVENUE, BIRMINGHAM MI 48009
Robert D Pyle officer: Pres, Light Vehicle Driveline 3939 TECHNOLOGY DRIVE, MAUMEE OH 43537
Jonathan Mark Collins officer: SVP & Chief Financial Officer 50196 VENICE COURT, NORTHVILLE MI 48168
Ryan Laskey officer: SVP - Commercial Veh Drive 9332 CRISTAL MARIE CT, TEMPERANCE MI 48182
Antonio Valencia officer: Pres. Power Technologies Group 3939 TECHNOLOGY DRIVE, MAUMEE OH 43537
Keith E Wandell director
Bridget E Karlin director 3 TALL TREE LANE, PLEASANTVILLE NY 10570