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Forestar Group Inc (NYSE:FOR)
Days Payable
10.33 (As of Dec. 2015)

Forestar Group Inc's payable for the three months ended in Dec. 2015 was $12.0 Mil. Forestar Group Inc's cost of goods sold for the three months ended in Dec. 2015 was $105.7 Mil. Hence, Forestar Group Inc's days payable for the three months ended in Dec. 2015 was 10.33.

FOR' s Days Payable Range Over the Past 10 Years
Min: 12.79   Max: 79.72
Current: 12.79

12.79
79.72

During the past 13 years, Forestar Group Inc's highest Days Payable was 79.72. The lowest was 12.79. And the median was 33.02.

FOR's Days Payable is ranked lower than
84% of the 917 Companies
in the Global Real Estate - General industry.

( Industry Median: 66.13 vs. FOR: 12.79 )

Forestar Group Inc's days payable declined from Dec. 2014 (21.50) to Dec. 2015 (10.33). It may suggest that Forestar Group Inc accelerated paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Forestar Group Inc's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=11.959/341.372*365
=12.79

Forestar Group Inc's Days Payable for the quarter that ended in Dec. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=11.959/105.677*365 / 4
=10.33

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Forestar Group Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 19.4836.6745.1032.9731.9027.4979.7238.9033.0712.79

Forestar Group Inc Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 29.8933.0029.1534.1241.0921.5033.269.7811.3110.33
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