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Darling Ingredients (Darling Ingredients) Days Payable : 31.78 (As of Dec. 2023)


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What is Darling Ingredients Days Payable?

Darling Ingredients's average Accounts Payable for the three months ended in Dec. 2023 was $410 Mil. Darling Ingredients's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,178 Mil. Hence, Darling Ingredients's Days Payable for the three months ended in Dec. 2023 was 31.78.

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

DAR' s Days Payable Range Over the Past 10 Years
Min: 12.4   Med: 28.89   Max: 33.57
Current: 30.57

During the past 13 years, Darling Ingredients's highest Days Payable was 33.57. The lowest was 12.40. And the median was 28.89.

DAR's Days Payable is ranked worse than
70.88% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 45.62 vs DAR: 30.57

Darling Ingredients's Days Payable increased from Dec. 2022 (28.80) to Dec. 2023 (31.78). It may suggest that Darling Ingredients delayed paying its suppliers.


Darling Ingredients Days Payable Historical Data

The historical data trend for Darling Ingredients'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.

* Premium members only.

Darling Ingredients Days Payable Chart

Darling Ingredients Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.34 33.57 29.33 28.44 31.87

Darling Ingredients Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 30.25 28.89 30.27 31.78 34.78

Competitive Comparison of Darling Ingredients's Days Payable

For the Packaged Foods subindustry, Darling Ingredients'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.


Darling Ingredients's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Darling Ingredients's Days Payable distribution charts can be found below:

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



Darling Ingredients 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.

Darling Ingredients'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
=( (472.491 + 425.588) / 2 ) / 5143.06*365
=449.0395 / 5143.06*365
=31.87

Darling Ingredients'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
=( (394.748 + 425.588) / 2 ) / 1177.652*365 / 4
=410.168 / 1177.652*365 / 4
=31.78

* 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.


Darling Ingredients Days Payable Related Terms

Thank you for viewing the detailed overview of Darling Ingredients's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Darling Ingredients (Darling Ingredients) Business Description

Traded in Other Exchanges
Address
5601 N MacArthur Boulevard, Irving, TX, USA, 75038
Darling Ingredients Inc develops and manufactures sustainable ingredients for customers in the pharmaceutical, food, pet food, fuel, and fertilizer industries. It collects and transforms all aspects of animal by-product streams into ingredients, including gelatin, fats, proteins, pet food ingredients, fertilizers, and other specialty products. Also, the company recovers and converts used cooking oil and bakery remnants into feed and fuel ingredients. Darling has three primary business segments: feed ingredients (the majority of revenue), food ingredients, and fuel ingredients. It provides grease trap services for food businesses and sells various equipment for collecting and delivering cooking oil. The company derives the majority of its revenue from customers in North America.
Executives
Joseph Manzi officer: Chief Accounting Officer 5601 N. MACARTHUR BLVD., IRVING TX 75038
Robert W Day officer: EVP Chief Strategy Officer 5601 N. MACARTHUR BLVD, IRVING TX 75038
Matthew J Jansen officer: COO North America C/O DARLING INGREDIENTS INC., 5601 N. MACARTHUR BLVD, IRVING TX 75038
Patrick Mcnutt officer: EVP Chief Admin Officer 5601 N. MACARTHUR BLVD, IRVING TX 75038
Charles L Adair director 251 O'CONNOR RIDGE BLVD., SUITE 300, IRVING TX 75038
John Bullock officer: EVP Chief Strategy Officer 251 O'CONNOR RIDGE BLVD., SUITE 300, IRVING TX 75038
Randall C Stuewe director, officer: Chairman and CEO
Van Der Velden Jan officer: EVP Int Rendering&Specialties 251 O'CONNOR RIDGE BLVD, SUITE 300, IRVING TX 75038
Gary W. Mize director GEVO, INC., 345 INVERNESS DRIVE SOUTH, BUILDING C, SUITE 310, ENGLEWOOD CO 80112
Brandon Lairmore officer: EVP US Rendering Operations 4221 E. ALEXANDRIA PIKE, COLD SPRING KY 41076
Larry Barden director 5601 N. MACARTHUR BLVD, IRVING TX 75038
Enderson Guimaraes director PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577
Celeste A. Clark director C/O ADVANCEPIERRE FOODS HOLDINGS, INC., 9987 CARVER ROAD, BLUE ASH OH 45242
Kurt Stoffel director 5601 N. MACARTHUR BLVD, IRVING TX 75038
Elizabeth Albright director C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19898