Dow Inc (DOW)
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 | 6.19 | 5.77 | 5.80 | 6.00 | 6.69 | 6.85 | 7.47 | 7.48 | 7.01 | 6.81 | 6.00 | 5.73 | 5.50 | 5.75 | 5.39 | 5.43 | 5.66 | 6.14 | 6.74 | 6.40 | |
| Number of days of payables | days | 58.99 | 63.28 | 62.97 | 60.85 | 54.55 | 53.30 | 48.88 | 48.79 | 52.08 | 53.60 | 60.85 | 63.67 | 66.34 | 63.44 | 67.70 | 67.24 | 64.46 | 59.46 | 54.12 | 57.02 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 6.19
= 58.99
The number of days of payables for Dow Inc has shown some fluctuations over the past few years.
As of December 31, 2024, the number of days of payables stood at 58.99 days, indicating that on average, Dow Inc takes approximately 58.99 days to pay off its accounts payable. This represents a slight decrease compared to the previous quarter.
Analyzing the trend over the past few quarters, we observe that the number of days of payables has been relatively stable around the 60-day mark, with some minor fluctuations within a range of about 10 days.
A lower number of days of payables typically indicates that the company is managing its payables efficiently by paying off its suppliers more quickly, which could potentially strain its cash flow. On the other hand, a higher number of days of payables may suggest that the company is taking longer to settle its payables, possibly improving its cash flow position in the short term.
It is important for stakeholders to monitor this metric continuously to assess Dow Inc's liquidity management and relationships with its suppliers.
Peer comparison
Dec 31, 2024