Dorman Products (FRA:RAB) Days Payable : 57.14 (As of Sep. 2024)

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What is Dorman Products Days Payable?

Dorman Products's average Accounts Payable for the three months ended in Sep. 2024 was €169 Mil. Dorman Products's Cost of Goods Sold for the three months ended in Sep. 2024 was €270 Mil. Hence, Dorman Products's Days Payable for the three months ended in Sep. 2024 was 57.14.

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

FRA:RAB' s Days Payable Range Over the Past 10 Years
Min: 45.54 Med: 52.93 Max: 61.07
Current: 51.32

During the past 13 years, Dorman Products's highest Days Payable was 61.07. The lowest was 45.54. And the median was 52.93.

FRA:RAB's Days Payable is ranked worse than
62.44% of 1278 companies
in the Vehicles & Parts industry
Industry Median: 65.905 vs FRA:RAB: 51.32

Dorman Products's Days Payable increased from Sep. 2023 (46.12) to Sep. 2024 (57.14). It may suggest that Dorman Products delayed paying its suppliers.

Dorman Products Days Payable Historical Data

The historical data trend for Dorman Products'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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Dorman Products Days Payable Chart

Dorman Products Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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55.18

55.78

59.34

54.02

53.06

Dorman Products 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															46.12	51.47	48.85	44.32	57.14

Competitive Comparison of Dorman Products's Days Payable

For the Auto Parts subindustry, Dorman Products'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.

Dorman Products's Days Payable Distribution in the Vehicles & Parts Industry

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

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

Dorman Products 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.

Dorman Products'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
=	( (169.749	+	162.001)	/	2 )	/	1141.083	*	365
=	165.875					/	1141.083	*	365
=	53.06

Dorman Products'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
=	( (152.966	+	185.52)	/	2 )	/	270.272	*	365 / 4
=	169.243					/	270.272	*	365 / 4
=	57.14

Dorman Products Days Payable Related Terms

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Dorman Products Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Dorman Products Inc (FRA:RAB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

DORM:USA

Address

3400 East Walnut Street, Colmar, PA, USA, 18915

Website

https://www.dormanproducts.com

Dorman Products Inc is a supplier of original equipment parts for automobiles. The company produces automotive and heavy-duty replacement parts, automotive hardware, brake parts, and fasteners for the automotive and heavy-duty aftermarket. The products are sold under the Dorman brand and its sub-brands OE Solutions, Help!, Conduct-Tite, and HD Solutions through aftermarket retailers, regional and local warehouse distributors, specialty markets, and salvage yards. It operates as a single reportable operating segment, namely, the sale of replacement and upgrades parts in the motor vehicle aftermarket industry, serving passenger cars, light-, medium-, and heavy-duty trucks as well as specialty vehicles. The company operates in the United States.

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