Titan Machinery Days Payable Outstanding
Titan Machinery Days Payable Outstanding Chart
Titan Machinery Historical Days Payable Outstanding DataPro Data Export
There is no data for the selected date range.
About Days Payable Outstanding
Days Payable Outstanding (DPO) is a turnover ratio that represents the average number of days it takes for a company to pay its suppliers. A high (low) DPO indicates that a company is paying its suppliers slower (faster). A DPO of 17 means that on average, it takes the company 17 days to pays its suppliers.
DPO can be thought of in a few ways. In general, high DPOs are looked at favorably; it indicates that the firm is able to use cash (that would have gone to immediately paying suppliers) to other uses for an extended period of time. Extremely high DPOs potentially highlight liquidity issues OR extensive credit terms that favor the company (think Amazon).
Some companies may have low DPOs compared to its competitors. While this could be ineffective cash management, some suppliers do offer discount terms for early prepayment such as 1/10, net 30 (1% discount if paid within 10 days for a 30 general day payment) or other variants such as 2/20, net 180 (2% discount if paid within 20 days for a 180 general day payment). Because of these cost savings advantages, companies with supplier contracts similar to this have lower DPOs.
Days Payable Outstanding is a crucial component of the Cash Conversion Cycle (CCC), which is used to determine how long cash is tied up in working capital. Companies with an extremely high DPO can lead to a negative CCC. (For the CCC, a ratio where lower is better, that is a good sign!)
View Days Payable Outstanding for TITN.
Start Your YCharts Pro Gold Membership.
Access over 100 stock metrics like Beta, EV/EBITDA, PE10, Free Cash Flow Yield, KZ Index and Cash Conversion Cycle.
YCharts Pro is only $49/month, and comes with a 14-day free trial.Get Started Now
Already a YCharts Pro Gold Member? Sign in here.
TITN Days Payable Outstanding Benchmarks
|Advance Auto Parts||Go Pro|
|iParty Corporation||Go Pro|
TITN Days Payable Outstanding Rankings
2426 of 7600
459 of 674 in Consumer Cyclical
65 of 82 in Specialty Retail
TITN Days Payable Outstanding Range, Past 5 Years
|Minimum||Go Pro||Jan 2011|
|Maximum||Go Pro||Jan 2009|
Street Insider May 24