DRCT (Direct Digital Holdings) Days Payable : 104.91 (As of Dec. 2024)

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What is Direct Digital Holdings Days Payable?

Direct Digital Holdings's average Accounts Payable for the three months ended in Dec. 2024 was $7.05 Mil. Direct Digital Holdings's Cost of Goods Sold for the three months ended in Dec. 2024 was $6.14 Mil. Hence, Direct Digital Holdings's Days Payable for the three months ended in Dec. 2024 was 104.91.

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

DRCT' s Days Payable Range Over the Past 10 Years
Min: 74.18 Med: 125.6 Max: 249.07
Current: 124.01

During the past 6 years, Direct Digital Holdings's highest Days Payable was 249.07. The lowest was 74.18. And the median was 125.60.

DRCT's Days Payable is ranked better than
63.75% of 938 companies
in the Media - Diversified industry
Industry Median: 83.56 vs DRCT: 124.01

Direct Digital Holdings's Days Payable declined from Dec. 2023 (113.64) to Dec. 2024 (104.91). It may suggest that Direct Digital Holdings accelerated paying its suppliers.

Direct Digital Holdings Days Payable Historical Data

The historical data trend for Direct Digital Holdings'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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Direct Digital Holdings Days Payable Chart

Direct Digital Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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158.84

92.35

74.18

78.81

169.03

Direct Digital Holdings Quarterly Data
	Dec19	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													113.64	131.49	80.90	154.44	104.91

Competitive Comparison of Direct Digital Holdings's Days Payable

For the Advertising Agencies subindustry, Direct Digital Holdings'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.

Direct Digital Holdings's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Direct Digital Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Direct Digital Holdings's Days Payable falls into.

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Direct Digital Holdings 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.

Direct Digital Holdings'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
=	( (33.926	+	7.657)	/	2 )	/	44.897	*	365
=	20.7915					/	44.897	*	365
=	169.03

Direct Digital Holdings'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
=	( (6.452	+	7.657)	/	2 )	/	6.136	*	365 / 4
=	7.0545					/	6.136	*	365 / 4
=	104.91

Direct Digital Holdings Days Payable Related Terms

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Direct Digital Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Direct Digital Holdings Inc (NAS:DRCT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1177 West Loop South, Suite 1310, Houston, TX, USA, 77027

Website

https://www.directdigitalholdings.com

Direct Digital Holdings Inc is an end-to-end, full-service programmatic advertising platform primarily focused on providing advertising technology, data-driven campaign optimization, and other solutions to underserved and less efficient markets on both the buy-side and sell-side of the digital advertising ecosystem. The company operates two reportable segments: sell-side advertising, which includes the results of Colossus Media, and buy-side advertising, which includes the results of Orange 142 and Huddled Masses. All of the company's revenues are attributed to the United States.

Executives

W Keith Smith	director, 10 percent owner, officer: President
Mark D Walker	director, 10 percent owner, officer: Chairman and CEO	C/O DIRECT DIGITAL HOLDINGS, INC., 1233 WEST LOOP SUITE 1170, HOUSTON TX 77027
Mistelle Locke	director	C/O DIRECT DIGITAL HOLDINGS, INC., 1177 WEST LOOP SOUTH, SUITE 1310, HOUSTON TX 77027
Richard Cohen	director	C/O DUNE ENERGY, INC., TWO SHELL PLAZA, 777 WALKER STREET, SUITE 2300, HOUSTON TX 77002
Antoinette Renee Leatherberry	director	C/O ZOETIS INC., 10 SYLVAN WAY, PARSIPPANY NJ 07054
Diana P Diaz	officer: Interim CFO	9220 KIRBY DRIVE SUITE 500, HOUSTON TX 77054
Maria Vilchez Lowrey	officer: Chief Growth Officer	C/O DIRECT DIGITAL HOLDINGS, INC., 1177 WEST LOOP SOUTH STE 1310, HOUSTON TX 77027
Timothy Grittani	10 percent owner	PO BOX 20551, COLUMBUS OH 43220
Susan Echard	officer: Chief Financial Officer	C/O TRINITY CAPITAL INC., 3075 WEST RAY ROAD, SUITE 525, CHANDLER AZ 85226
Anu Pillai	officer: Chief Technology Officer	C/O DIRECT DIGITAL HOLDINGS, INC., 1233 WEST LOOP SUITE 1170, HOUSTON TX 77027
Direct Digital Management, Llc	10 percent owner	1233 WEST LOOP S., SUITE 1170, HOUSTON TX 77027