Darling Ingredients Inc (DAR)
Number of days of payables
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 15.63 | 16.85 | 16.44 | 17.42 | 14.62 | 16.24 | 15.20 | — | 12.46 | — | — | — | 13.71 | — | — | — | — | — | — | — | |
| Number of days of payables | days | 23.35 | 21.67 | 22.20 | 20.95 | 24.97 | 22.48 | 24.02 | — | 29.29 | — | — | — | 26.63 | — | — | — | — | — | — | — |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 15.63
= 23.35
The number of days of payables for Darling Ingredients Inc has shown fluctuations over the years. As of December 31, 2021, the company took approximately 26.63 days to pay its accounts payable. This metric improved to 29.29 days by December 31, 2022, indicating a slight increase in the number of days the company took to settle its payables.
Subsequently, by June 30, 2023, there was a decrease to 24.02 days, showcasing a more efficient payment period. The trend continued to September 30, 2023, with the number of days of payables further declining to 22.48 days, signaling the company's ability to manage its payables effectively.
By December 31, 2023, the number of days to payables increased slightly to 24.97 days, but then improved again to 20.95 days by March 31, 2024. This was followed by a slight increase to 22.20 days by June 30, 2024, indicating a relatively stable payment period.
Overall, the company's number of days of payables indicates variations in managing its accounts payable efficiently, with fluctuations in the time taken to settle obligations to suppliers over the respective periods analyzed.
Peer comparison
Dec 31, 2024