Danimer Scientific (MEX:DNMR) Days Payable: 20.66 (As of Sep. 2024)


MEX:DNMR Danimer Scientific Inc MEX:DNMR
12 GF Score
Price MXN3,494.00
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What is Danimer Scientific Days Payable?

Danimer Scientific MEX:DNMR 12 Days Payable is 20.66 as of Sep. 2024. GuruFocus rates MEX:DNMR with a GF Score™ of 12/100.

Danimer Scientific's average Accounts Payable for the three months ended in Sep. 2024 was MXN71.1 Mil. Danimer Scientific's Cost of Goods Sold for the three months ended in Sep. 2024 was MXN314.0 Mil. Hence, Danimer Scientific's Days Payable for the three months ended in Sep. 2024 was 20.66.

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

MEX:DNMR's Days Payable is not ranked *
in the Chemicals industry.
Industry Median: 59.95
* Ranked among companies with meaningful Days Payable only.

Danimer Scientific's Days Payable increased from Sep. 2023 (18.10) to Sep. 2024 (20.66). It may suggest that Danimer Scientific delayed paying its suppliers.

Danimer Scientific Days Payable Historical Data

* Premium members only.

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.

Danimer Scientific Days Payable Chart

Danimer Scientific Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
139.56 93.14 98.02 105.70 55.74

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 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 18.10 24.51 25.65 20.09 20.66

MEX:DNMR vs HGAS, BON, CNEY: Days Payable Comparison

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 Days Payable vs 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.


MEX:DNMR
12GF Score
Danimer Scientific Inc MEX:DNMR
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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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
=( (291.992 + 89.828) / 2 ) / 1250.052*365
=190.91 / 1250.052*365
=55.74

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
=( (52.762 + 89.433) / 2 ) / 313.962*365 / 4
=71.0975 / 313.962*365 / 4
=20.66

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 20.66 mean?
Danimer Scientific (MEX:DNMR) has a Days Payable of 20.66 as of Sep. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Danimer Scientific and its competitors.
Is Danimer Scientific's Days Payable too high?
Danimer Scientific's current Days Payable is 20.66. The Chemicals industry median Days Payable is 59.95. Danimer Scientific's value of 20.66 is 65.5% below this industry median. Overall, Danimer Scientific has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Danimer Scientific's Days Payable compare to HGAS and BON?
Danimer Scientific's Days Payable of 20.66 can be compared against companies in the Chemicals industry. The industry median Days Payable is 59.95. Danimer Scientific's value of 20.66 is 65.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Chemicals company?
The median Days Payable among Chemicals companies is 59.95, based on 1,555 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Danimer Scientific's current Days Payable of 20.66 is 65.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Danimer Scientific and its competitors. For the Chemicals industry, the median Days Payable is 59.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Danimer Scientific's current Days Payable is 20.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Danimer Scientific stock overvalued right now?
Danimer Scientific (MEX:DNMR) has a current Days Payable of 20.66. The current Days Payable is 20.66 and 65.5% below the Chemicals industry median of 59.95. Danimer Scientific's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Danimer Scientific (MEX:DNMR), the current Days Payable is 20.66 as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Danimer Scientific Business Description

Address 140 Industrial Boulevard, Bainbridge, GA, USA, 39817
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.
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MXN3,494.00
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