DNMR (Danimer Scientific) Days Payable : 21.24 (As of Sep. 2024)

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What is Danimer Scientific Days Payable?

Danimer Scientific's average Accounts Payable for the three months ended in Sep. 2024 was $3.71 Mil. Danimer Scientific's Cost of Goods Sold for the three months ended in Sep. 2024 was $15.95 Mil. Hence, Danimer Scientific's Days Payable for the three months ended in Sep. 2024 was 21.24.

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

DNMR' s Days Payable Range Over the Past 10 Years
Min: 23.27 Med: 99.03 Max: 139.56
Current: 23.27

During the past 5 years, Danimer Scientific's highest Days Payable was 139.56. The lowest was 23.27. And the median was 99.03.

DNMR's Days Payable is ranked worse than
87.29% of 1503 companies
in the Chemicals industry
Industry Median: 60.18 vs DNMR: 23.27

Danimer Scientific's Days Payable increased from Sep. 2023 (18.23) to Sep. 2024 (21.24). It may suggest that Danimer Scientific delayed paying its suppliers.

Danimer Scientific Days Payable Historical Data

The historical data trend for Danimer Scientific'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.

Danimer Scientific Days Payable Chart

Danimer Scientific Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

139.56

95.28

99.03

102.58

50.23

Danimer Scientific 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															18.23	24.24	25.32	21.24	21.24

Competitive Comparison of Danimer Scientific's Days Payable

For the Specialty Chemicals subindustry, Danimer Scientific'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.

Danimer Scientific's Days Payable Distribution in the Chemicals Industry

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

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

Danimer Scientific 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.

Danimer Scientific'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
=	( (14.977	+	5.292)	/	2 )	/	73.644	*	365
=	10.1345					/	73.644	*	365
=	50.23

Danimer Scientific'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
=	( (2.88	+	4.542)	/	2 )	/	15.945	*	365 / 4
=	3.711					/	15.945	*	365 / 4
=	21.24

Danimer Scientific Days Payable Related Terms

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Danimer Scientific Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Danimer Scientific Inc (NYSE:DNMR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

6CU0:Germany

Address

140 Industrial Boulevard, Bainbridge, GA, USA, 39817

Website

https://www.danimerscientific.com

Danimer Scientific Inc creates more sustainable, more natural ways to make plastic products sold under the proprietary Nodax brand name. The company's renewable and sustainable biopolymers have helped create plastic products that are biodegradable and compostable. Danimer Scientific's products return to nature instead of polluting lands and waters. Its technology can be found in a vast array of plastic end-use products that people use every day. Applications for its biopolymers include additives, aqueous coatings, fibers, filaments, films, and injection-molded articles, among others. Geographically, the company generates a majority of its revenue from the United States and the rest from Germany, Poland, Belgium, and other regions.

Executives

Richard J Hendrix	director	1300 NORTH 17TH STREET, ARLINGTON VA 22209
Scott Tuten	officer: Chief Marketing Officer	286 DOE RUN DRIVE, CAIRO GA 39828
Gregory W. Hunt	director	730 5TH AVENUE, NEW YORK NY 10019
Allison Leopold Tilley	director	1300 NORTH 17TH STREET, ARLINGTON VA 22209
Cynthia R Cohen	director	1401 BRICKELL AVENUE, SUITE 640, C/O STRATEGIC MINDSHARE, MIAMI FL 33131
John P Amboian	director
Michael A Hajost	officer: Chief Financial Officer	C/O CARPENTER TECHNOLOGY CORPORATION, PO BOX 14662, READING PA 19612-4662
Stephen Croskrey	director, officer: CEO & Chairman of the Board	C/O ARMOR HOLDINGS INC, 1400 MARSH LANDING PARKWAY SUITE 112, JACKSONVILLE FL 32250
Stuart W Pratt	director	303 CONGRESS STREET, BOSTON MA 02210
Van Trump Phillip D	officer: Chief Technology Officer	1466 NORTH DECATUR ROAD, ATLANTA GA 30306
Philip Gregory Calhoun	director	2100 WHITES BRIDGE ROAD, COLQUITT GA 39837
Isao Noda	director	1568 HUNTER ROAD, FAIRFIELD OH 45914
Michael Eric Smith	officer: Chief Operating Officer	2208 WYNDHAM WAY, BAINBRIDGE GA 39819
Christy A Basco	director	206 WINDING HOLLOW LANE, COPPELL TX 75019
Wunderlich Gary Kent Jr	10 percent owner, officer: President, other: President	CLO B. RILEY FINANCIAL, INC.,, 21255 BURBANK BLVD., SUITE 400, WOODLAND CA 91367