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L.B. Foster Co (L.B. Foster Co) Days Payable : 36.73 (As of Dec. 2023)


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What is L.B. Foster Co Days Payable?

L.B. Foster Co's average Accounts Payable for the three months ended in Dec. 2023 was $42.6 Mil. L.B. Foster Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $105.8 Mil. Hence, L.B. Foster Co's Days Payable for the three months ended in Dec. 2023 was 36.73.

The historical rank and industry rank for L.B. Foster Co's Days Payable or its related term are showing as below:

FSTR' s Days Payable Range Over the Past 10 Years
Min: 37.73   Med: 43.09   Max: 53.43
Current: 38.36

During the past 13 years, L.B. Foster Co's highest Days Payable was 53.43. The lowest was 37.73. And the median was 43.09.

FSTR's Days Payable is ranked worse than
51.02% of 931 companies
in the Transportation industry
Industry Median: 39.47 vs FSTR: 38.36

L.B. Foster Co's Days Payable declined from Dec. 2022 (41.33) to Dec. 2023 (36.73). It may suggest that L.B. Foster Co accelerated paying its suppliers.


L.B. Foster Co Days Payable Historical Data

The historical data trend for L.B. Foster Co'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.

L.B. Foster Co Days Payable Chart

L.B. Foster Co 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 52.04 53.43 41.08 40.35 37.73

L.B. Foster Co 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 41.33 48.17 36.44 34.61 36.73

Competitive Comparison of L.B. Foster Co's Days Payable

For the Railroads subindustry, L.B. Foster Co'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.


L.B. Foster Co's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, L.B. Foster Co's Days Payable distribution charts can be found below:

* The bar in red indicates where L.B. Foster Co's Days Payable falls into.



L.B. Foster Co 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.

L.B. Foster Co'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
=( (48.782 + 40.305) / 2 ) / 430.934*365
=44.5435 / 430.934*365
=37.73

L.B. Foster Co'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
=( (44.9 + 40.305) / 2 ) / 105.834*365 / 4
=42.6025 / 105.834*365 / 4
=36.73

* 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.


L.B. Foster Co Days Payable Related Terms

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L.B. Foster Co (L.B. Foster Co) Business Description

Traded in Other Exchanges
Address
415 Holiday Drive, Suite 100, Pittsburgh, PA, USA, 15220
L.B. Foster Co is a US-based firm engaged in the manufacturing, fabrication, and distribution of products and services, especially for the rail, construction, energy, and utility industry. The company operates its business through three segments: Rail Technologies and Services; Precast Concrete Products and Steel Products and Measurement. Its principal business activity involves providing new and used rail, trackwork, and accessories, producing concrete railroad ties, insulated rail joints, power rail, track fasteners, coverboards, and sales of sells and rents steel sheet piling, H-bearing pile, and other piling products for foundation and earth retention requirements. It generates the majority of its revenues from the Rail Products and Services segment.
Executives
Janet Lee director 2600 ANSYS DRIVE, CANONSBURG PA 15317
Diane B Owen director
Dirk Junge director 165 TOWNSHIP LINE RD, JENKINTOWN PA 19046
John E Kunz director 522 N. MACEWEN DRIVE, OSPREY FL 34229
Raymond T Betler director 1001 AIR BRAKE AVENUE, WILMERDING PA 15148
Bruce Ernest Thompson director C/O L.B. FOSTER COMPANY, 415 HOLIDAY DRIVE, SUITE 100, PITTSBURGH PA 15220
Aron R. English 10 percent owner 1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
Alexander B Jones other: See Explanation of Responses 1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
Bryson Hirai-hadley other: See Explanation of Responses 1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
22nw Gp, Inc. 10 percent owner 1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
22nw Fund, Lp 10 percent owner 1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
22nw, Lp 10 percent owner 590 1ST AVE S, UNIT C1, SEATTLE WA 98104
22nw Fund Gp, Llc 10 percent owner 1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
Sean M Reilly officer: Controller TOLLGRADE COMMUNICATIONS INC, 493 NIXON RD., CHESWICK PA 15024
William Treacy officer: Chief Growth Officer 415 HOLIDAY DRIVE, PITTSBURGH PA 15220