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Masonite International (Masonite International) Days Payable : 22.71 (As of Dec. 2023)


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What is Masonite International Days Payable?

Masonite International's average Accounts Payable for the three months ended in Dec. 2023 was $127 Mil. Masonite International's Cost of Goods Sold for the three months ended in Dec. 2023 was $509 Mil. Hence, Masonite International's Days Payable for the three months ended in Dec. 2023 was 22.71.

The historical rank and industry rank for Masonite International's Days Payable or its related term are showing as below:

DOOR' s Days Payable Range Over the Past 10 Years
Min: 18.94   Med: 21   Max: 23.36
Current: 21.13

During the past 13 years, Masonite International's highest Days Payable was 23.36. The lowest was 18.94. And the median was 21.00.

DOOR's Days Payable is ranked worse than
94.38% of 1601 companies
in the Construction industry
Industry Median: 73.84 vs DOOR: 21.13

Masonite International's Days Payable increased from Dec. 2022 (21.14) to Dec. 2023 (22.71). It may suggest that Masonite International delayed paying its suppliers.


Masonite International Days Payable Historical Data

The historical data trend for Masonite International'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.

Masonite International Days Payable Chart

Masonite International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.47 19.73 21.70 20.60 18.94

Masonite International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.14 19.33 21.19 23.66 22.71

Competitive Comparison of Masonite International's Days Payable

For the Building Products & Equipment subindustry, Masonite International'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.


Masonite International's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Masonite International's Days Payable distribution charts can be found below:

* The bar in red indicates where Masonite International's Days Payable falls into.



Masonite International 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.

Masonite International'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
=( (111.526 + 113.208) / 2 ) / 2164.978*365
=112.367 / 2164.978*365
=18.94

Masonite International's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (140.31 + 113.208) / 2 ) / 509.42*365 / 4
=126.759 / 509.42*365 / 4
=22.71

* 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.


Masonite International Days Payable Related Terms

Thank you for viewing the detailed overview of Masonite International's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Masonite International (Masonite International) Business Description

Traded in Other Exchanges
Address
2771 Rutherford Road, Concord, ON, CAN, L4K 2N6
Masonite International Corp is engaged in designing, manufacturing, marketing and distributing interior and exterior doors for the new construction and repair, renovation and remodeling sectors of the residential and non-residential building construction markets. Its product categories include interior molded residential doors, interior stile and rail residential doors, exterior fibreglass residential doors, exterior steel residential doors, interior architectural wood doors, wood veneers and molded door facings and door core. The company operates its manufacturing and distribution facilities in seven countries in North America, Europe, South America and Asia.
Executives
Alexander Albert Legall officer: See Remarks 1242 EAST 5TH AVE, TAMPA FL 33605
Jay Ira Steinfeld director 4919 HOLLY STREET, BELLAIRE TX 77401
Catherine Anne Shellabarger officer: VP & Chief Accounting Officer 1242 EAST 5TH AVE, TAMPA FL 33605
Robert J Byrne director C/O MASONITE INTERNATIONAL CORPORATION, 201 NORTH FRANKLIN ST., SUITE 300, TAMPA FL 33602
Patrick Daniel Brisley officer: VP & Chief Accounting Officer 1242 EAST 5TH AVE, TAMPA FL 33605
Victoria Louise Philemon officer: See Remarks 1242 EAST 5TH AVE, TAMPA FL 33605
Peter R Dachowski director C/O BACKYARD HOLDCO, INC., 7830 FREEWAY CIRCLE, MIDDLEBURG HEIGHTS OH 44130
James C Pelletier other: SVP, GC & Corporate Secretary 1242 EAST 5TH AVENUE, TAMPA FL 33605
Robert Edgar Lewis officer: See Remarks C/O MASONITE INTERNATIONAL CORPORATION, 1242 EAST 5TH AVENUE, TAMPA FL 33602
Christopher O Ball officer: President, Global Residential 1242 EAST 5TH AVENUE, TAMPA FL 33605
Francis M Scricco director C/O AVAYA INC., 211 MOUNT AIRY ROAD, BASKING RIDGE NJ 07920
Barry A. Ruffalo director ASTEC INDUSTRIES, INC., 1725 SHEPHERD RD, CHATTANOOGA TN 37421
Jonathan F Foster director 777 THIRD AVE, 30TH FL, NEW YORK NY 10017
Randal Alan White officer: See Remarks C/O MASONITE INTERNATIONAL CORPORATION, 201 N. FRANKLIN STREET, SUITE 300, TAMPA FL 33602
John H. Chuang director 711 BOYLSTON STREET, BOSTON MA 02445