Dnow (DNOW) Days Payable : 53.86 (As of Sep. 2024)

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What is Dnow Days Payable?

Dnow's average Accounts Payable for the three months ended in Sep. 2024 was $278 Mil. Dnow's Cost of Goods Sold for the three months ended in Sep. 2024 was $471 Mil. Hence, Dnow's Days Payable for the three months ended in Sep. 2024 was 53.86.

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

DNOW' s Days Payable Range Over the Past 10 Years
Min: 41.88 Med: 49.17 Max: 60.49
Current: 59.36

During the past 12 years, Dnow's highest Days Payable was 60.49. The lowest was 41.88. And the median was 49.17.

DNOW's Days Payable is ranked better than
54.9% of 153 companies
in the Industrial Distribution industry
Industry Median: 52.5 vs DNOW: 59.36

Dnow's Days Payable declined from Sep. 2023 (66.83) to Sep. 2024 (53.86). It may suggest that Dnow accelerated paying its suppliers.

Dnow Days Payable Historical Data

The historical data trend for Dnow'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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Dnow Days Payable Chart

Dnow Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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45.07

58.72

58.26

60.35

60.49

Dnow 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															66.83	63.23	65.91	56.87	53.86

Competitive Comparison of Dnow's Days Payable

For the Industrial Distribution subindustry, Dnow'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.

Dnow's Days Payable Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Dnow's Days Payable distribution charts can be found below:

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

Dnow 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.

Dnow'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
=	( (304	+	288)	/	2 )	/	1786	*	365
=	296					/	1786	*	365
=	60.49

Dnow'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
=	( (278	+	278)	/	2 )	/	471	*	365 / 4
=	278					/	471	*	365 / 4
=	53.86

Dnow Days Payable Related Terms

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Dnow Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Dnow Inc (NYSE:DNOW) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0K9J:UK 11N:Germany

Address

7402 North Eldridge Parkway, Houston, TX, USA, 77041

Website

https://www.dnow.com

Dnow Inc is a company engaged in world-wide supplying of energy and industrial products and packaged, engineered process and production equipment with a legacy of over one sixty years. It offers a broad set of supply chain solutions combined with a suite of digital solutions branded as DigitalNOW that provide customers world-class technology for digital commerce, data and information management. Its locations provide products and solutions to exploration and production companies, midstream transmission and storage companies, refineries, chemical companies, utilities, mining, municipal water, manufacturers, engineering and construction companies as well as companies operating in the decarbonization, energy transition and renewables end markets.

Executives

Paul M Coppinger	director
Fanny R. Surratt	officer: See Remarks	NOW INC., C/O RAYMOND CHANG, 7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Raymond W Chang	officer: VP and General Counsel	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
David A Cherechinsky	officer: Sr. Vice President and CFO	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Mark B Johnson	officer: See Remarks	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Karen David-green	director	C/O WINSTON & STRAWN LLP, 800 CAPITOL ST., SUITE 2400, HOUSTON TX 77002
Sonya Reed	director	4 TESSENEER DRIVE, HIGHLAND HEIGHTS KY 41076
Kelly T. Munson	officer: See Remarks	NOW INC., C/O RAYMOND CHANG, 7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Richard J Alario	director	C/O KEY ENERGY SERVICES, INC., 1301 MCKINNEY STREET, SUITE 1800, HOUSTON TX 77010
Rodney W Eads	director	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
J. Wayne Richards	director	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Galen Cobb	director	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Terry Bonno	director	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
James Crandell	director	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Daniel L Molinaro	officer: Executive Vice President	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041