Cadre Holdings (Cadre Holdings) Days Payable : 36.07 (As of Dec. 2023)

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What is Cadre Holdings Days Payable?

Cadre Holdings's average Accounts Payable for the three months ended in Dec. 2023 was $29.6 Mil. Cadre Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $74.8 Mil. Hence, Cadre Holdings's Days Payable for the three months ended in Dec. 2023 was 36.07.

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

CDRE' s Days Payable Range Over the Past 10 Years
Min: 27.64 Med: 33.56 Max: 36.14
Current: 36.14

During the past 5 years, Cadre Holdings's highest Days Payable was 36.14. The lowest was 27.64. And the median was 33.56.

CDRE's Days Payable is ranked worse than
83.16% of 297 companies
in the Aerospace & Defense industry
Industry Median: 77.75 vs CDRE: 36.14

Cadre Holdings's Days Payable increased from Dec. 2022 (29.11) to Dec. 2023 (36.07). It may suggest that Cadre Holdings delayed paying its suppliers.

Cadre Holdings Days Payable Historical Data

The historical data trend for Cadre 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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Cadre Holdings Days Payable Chart

Cadre Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

34.14

34.57

29.38

27.64

33.56

Cadre Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial												29.11	35.53	36.94	38.52	36.07

Competitive Comparison of Cadre Holdings's Days Payable

For the Aerospace & Defense subindustry, Cadre 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.

Cadre Holdings's Days Payable Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Cadre Holdings's Days Payable distribution charts can be found below:

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

Cadre 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.

Cadre Holdings'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
=	( (23.406	+	28.418)	/	2 )	/	281.806	*	365
=	25.912					/	281.806	*	365
=	33.56

Cadre Holdings's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (30.733	+	28.418)	/	2 )	/	74.825	*	365 / 4
=	29.5755					/	74.825	*	365 / 4
=	36.07

Cadre Holdings Days Payable Related Terms

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Cadre Holdings (Cadre Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Cadre Holdings Inc (NYSE:CDRE) » Definitions » Days Payable

Comparable Companies

RGR VSEC EH ACHR DCO SWBI PL TGI VVX SPCE RTX BA LMT XPAR:AIR NOC GD XPAR:SAF TDG LSE:BA. LHX

Traded in Other Exchanges

N/A

Address

13386 International Parkway, Jacksonville, FL, USA, 32218

Website

https://www.cadre-holdings.com

Cadre Holdings Inc is engaged in the design and manufacture of a diversified product portfolio of critical safety and survivability equipment to protect first responders, federal agencies, outdoor recreation, and personal protection markets. The Company's equipment provides critical protection to allow its users to safely and securely perform their duties and protect those around them in hazardous or life-threatening situations. Its operations are comprised of two reportable segments: Products and Distribution.

Executives

Blaine Browers	officer: CHIEF FINANCIAL OFFICER	13386 INTERNATIONAL PARKWAY, JACKSONVILLE FL 32218
Warren B Kanders	director, 10 percent owner, officer: CEO AND CHAIRMAN	ONE LANDMARK SQUARE, 22ND FLOOR, STAMFORD, CT 06901
Nicolas Sokolow	director	100 BLVD MALESHERBES, PARIS I0 00000
Brad Williams	officer: PRESIDENT	13386 INTERNATIONAL PARKWAY, JACKSONVILLE FL 32218
Deborah A Decotis	director	1633 BROADWAY, NEW YORK NY 10019
Quigley William G Iii	director
Hamish Norton	director	13386 INTERNATIONAL PARKWAY, JACKSONVILLE FL 32218
Maui Holdings, Llc	10 percent owner	340 ROYAL POINCIANA WAY, SUITE 317-250, PALM BEACH FL 33480