Armstrong World Industries (Armstrong World Industries) Days Payable : 40.25 (As of Mar. 2024)

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What is Armstrong World Industries Days Payable?

Armstrong World Industries's average Accounts Payable for the three months ended in Mar. 2024 was $89 Mil. Armstrong World Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was $202 Mil. Hence, Armstrong World Industries's Days Payable for the three months ended in Mar. 2024 was 40.25.

The historical rank and industry rank for Armstrong World Industries's Days Payable or its related term are showing as below:

AWI' s Days Payable Range Over the Past 10 Years
Min: 42.51 Med: 48.64 Max: 128.82
Current: 42.51

During the past 13 years, Armstrong World Industries's highest Days Payable was 128.82. The lowest was 42.51. And the median was 48.64.

AWI's Days Payable is ranked worse than
77.09% of 1606 companies
in the Construction industry
Industry Median: 73.785 vs AWI: 42.51

Armstrong World Industries's Days Payable declined from Mar. 2023 (46.50) to Mar. 2024 (40.25). It may suggest that Armstrong World Industries accelerated paying its suppliers.

Armstrong World Industries Days Payable Historical Data

The historical data trend for Armstrong World Industries'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.

Armstrong World Industries Days Payable Chart

Armstrong World Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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45.87

48.57

48.71

49.07

44.81

Armstrong World Industries 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															46.50	43.86	42.54	44.09	40.25

Competitive Comparison of Armstrong World Industries's Days Payable

For the Building Products & Equipment subindustry, Armstrong World Industries'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.

Armstrong World Industries's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Armstrong World Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Armstrong World Industries's Days Payable falls into.

Armstrong World Industries 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.

Armstrong World Industries'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
=	( (105	+	91)	/	2 )	/	798.2	*	365
=	98					/	798.2	*	365
=	44.81

Armstrong World Industries's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (91	+	87.2)	/	2 )	/	202	*	365 / 4
=	89.1					/	202	*	365 / 4
=	40.25

Armstrong World Industries Days Payable Related Terms

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Armstrong World Industries (Armstrong World Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Armstrong World Industries Inc (NYSE:AWI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

91A:Germany

Address

2500 Columbia Avenue, Lancaster, PA, USA, 17603

Website

https://www.armstrongceilings.com

Armstrong World Industries Inc is engaged in the design, innovation and manufacture of ceiling and wall solutions in the Americas. The products include mineral fiber, fiberglass wool, metal, wood, wood fiber, glass-reinforced-gypsum and felt. The company also manufactures ceiling suspension system (grid) products through a joint venture with Worthington Industries, Inc. called Worthington Armstrong Venture (WAVE).

Executives

Victor Grizzle	director, officer: CEO	2500 COLUMBIA AVE, LANCASTER PA 17604-3001
Monica M. Maheshwari	officer: SVP, Human Resources	2500 COLUMBIA AVENUE, LANCASTER PA 17603
Mark A Hershey	officer: See Remarks	ARMSTRONG WORLD INDUSTRIES, INC., 2500 COLUMBIA AVENUE, LANCASTER PA 17604-3001
Christopher P. Calzaretta	officer: SVP & CFO	2500 COLUMBIA AVENUE, LANCASTER PA 17603
Richard D Holder	director	EATON CENTER, 1111 SUPERIOR AVENUE, CLEVELAND OH 44114
William H Osborne	director	1415 WEST 22ND STREET, SUITE 1100, OAK BROOK IL 60523
Jill A. Crager	officer: SVP Sales Operations	2500 COLUMBIA AVENUE, LANCASTER PA 17603
Dawn M. Kirchner-king	officer: SVP & CIO	2500 COLUMBIA AVENUE, LANCASTER PA 17603
Ellen R. Romano	officer: SVP, Human Resources	C/O 2500 COLUMBIA AVE, LANCASTER PA 17603
Austin So	officer: SVP Gen Cnsl, Compliance	C/O STONEMOR PARTNERS L.P., 3600 HORIZON BOULEVARD, TREVOSE PA 19053
Charles M Chiappone	officer: SVP, Ceiling Solutions	2500 COLUMBIA AVE, LANCASTER PA 17603
James T. Burge	officer: Vice President & Controller	2500 COLUMBIA AVENUE, LANCASTER PA 17603
Stephen F Mcnamara	officer: VP, Controller	C/O ARMSTRONG WORLD INDUSTRIES, INC., PO BOX 3001, LANCASTER PA 17604
Roy W Templin	director	ARMSTRONG WORLD INDUSTRIES, INC., 2500 COLUMBIA AVENUE, LANCASTER PA 17603
Barbara Loughran	director	1999 BRYAN STREET, DALLAS TX 75201