Darling Ingredients Inc (DAR)
Number of days of payables
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 14.28 | 15.88 | 14.87 | — | 12.46 | — | — | — | 13.71 | — | — | — | — | — | — | — | — | — | — | — | |
| Number of days of payables | days | 25.55 | 22.98 | 24.55 | — | 29.29 | — | — | — | 26.63 | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 14.28
= 25.55
The number of days of payables for Darling Ingredients Inc has shown a fluctuating trend based on the available data. As of December 31, 2023, the company took approximately 25.55 days to pay its suppliers, indicating a relatively efficient management of payables. This figure decreased from the previous quarter, where it stood at 29.29 days as of September 30, 2023. However, there are missing data points in between, which limits the ability to track a consistent pattern over time. Further analysis would be needed to assess the overall trend and implications for the company's working capital management.
Peer comparison
Dec 31, 2023