Lennox International (Lennox International) Days Payable : 52.43 (As of Mar. 2024)

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What is Lennox International Days Payable?

Lennox International's average Accounts Payable for the three months ended in Mar. 2024 was $406 Mil. Lennox International's Cost of Goods Sold for the three months ended in Mar. 2024 was $707 Mil. Hence, Lennox International's Days Payable for the three months ended in Mar. 2024 was 52.43.

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

LII' s Days Payable Range Over the Past 10 Years
Min: 42.62 Med: 47.2 Max: 53.91
Current: 44.54

During the past 13 years, Lennox International's highest Days Payable was 53.91. The lowest was 42.62. And the median was 47.20.

LII's Days Payable is ranked worse than
74.98% of 1603 companies
in the Construction industry
Industry Median: 73.79 vs LII: 44.54

Lennox International's Days Payable declined from Mar. 2023 (53.58) to Mar. 2024 (52.43). It may suggest that Lennox International accelerated paying its suppliers.

Lennox International Days Payable Historical Data

The historical data trend for Lennox 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.

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Lennox International Days Payable Chart

Lennox International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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53.91

50.14

45.08

44.08

42.62

Lennox International 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															53.58	43.78	39.69	41.09	52.43

Competitive Comparison of Lennox International's Days Payable

For the Building Products & Equipment subindustry, Lennox 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.

Lennox International's Days Payable Distribution in the Construction Industry

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

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

Lennox 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.

Lennox 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
=	( (427.3	+	374.7)	/	2 )	/	3434.1	*	365
=	401					/	3434.1	*	365
=	42.62

Lennox International'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
=	( (374.7	+	437.8)	/	2 )	/	707.1	*	365 / 4
=	406.25					/	707.1	*	365 / 4
=	52.43

Lennox International Days Payable Related Terms

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Lennox International (Lennox International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Lennox International Inc (NYSE:LII) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LXI:Germany LXI:Germany

Address

2140 Lake Park Boulevard, Richardson, TX, USA, 75080

Website

https://www.lennoxinternational.com

Lennox International manufactures and distributes heating, ventilating, air conditioning, and refrigeration products to replacement (75% of sales) and new construction (25% of sales) markets. In fiscal 2022, residential HVAC was 68% of sales, commercial HVAC was 19%, and refrigeration accounted for the remaining 13% of sales. The company goes to market with multiple brands, but Lennox is the company's flagship HVAC brand. The Texas-based company will be focused on North America after the sale of its European HVAC and refrigeration businesses in late 2023.

Executives

Gary S Bedard	officer: President and COO, WWR	2140 LAKE PARK BLVD, RICHARDSON TX 75080
Joseph Nassab	officer: EVP, President/COO Commercial	2140 LAKE PARK BLVD, RICHARDSON TX 75080
Prakash Bedapudi	officer: EVP, Chief Technology Officer	2140 LAKE PARK BLVD, RICHARDSON TX 75080
Joseph William Reitmeier	officer: EVP & Chief Financial Officer	2140 LAKE PARK BLVD., RICHARDSON TX 75080
Chris Kosel	officer: VP-Corp Controller and CAO	2140 LAKE PARK BLVD., RICHARDSON TX 75080
Daniel M Sessa	officer: EVP, Chief HR Officer	2140 LAKE PARK BLVD., RICHARDSON TX 75080
John D Torres	officer: EVP, Chief Legal Officer	2140 LAKE PARK BLVD., RICHARDSON TX 75080
Todd J Teske	director
Sherry Buck	director	PO BOX 10060, TOLEDO OH 436990060
Elliot S Zimmer	officer: EVP, President/COO Commercial	2140 LAKE PARK BLVD., RICHARDSON TX 75080
Alok Maskara	officer: CEO	2140 LAKE PARK BLVD, RICHARDSON TX 75080
Todd M Bluedorn	director, officer: Chairman and CEO	2140 LAKE PARK BLVD., RICHARDSON TX 75080
Shane D Wall	director	2140 LAKE PARK BLVD., RICHARDSON TX 75080
Karen H Quintos	director	ONE DELL WAY, ROUND ROCK TX 78682
Janet Katherine Cooper	director	8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420