What is La-Z-Boy Days Payable?
La-Z-Boy's average Accounts Payable for the
three
months ended in Jan. 2024 was $92 Mil. La-Z-Boy's Cost of Goods Sold for the
three
months ended in Jan. 2024 was $287 Mil.
Hence, La-Z-Boy's Days Payable for the
three
months ended in Jan. 2024 was 29.38.
The historical rank and industry rank for La-Z-Boy's Days Payable or its related term are showing as below:
LZB'
s Days Payable Range Over the Past 10 Years
Min: 17.63 Med: 22.09 Max: 31.09
Current: 31.09
During the past 13 years, La-Z-Boy's highest Days Payable was 31.09. The lowest was 17.63. And the median was 22.09.
La-Z-Boy's Days Payable
increased
from Jan. 2023 (26.19) to Jan. 2024 (29.38).
It may suggest that La-Z-Boy delayed paying its suppliers.
La-Z-Boy Days Payable Historical Data
The historical data trend for La-Z-Boy'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.
La-Z-Boy Days Payable Chart
|
La-Z-Boy Annual Data
|
|
Trend |
Apr14 |
Apr15 |
Apr16 |
Apr17 |
Apr18 |
Apr19 |
Apr20 |
Apr21 |
Apr22 |
Apr23 |
| Days Payable |
|
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|
|
|
22.36 |
22.45 |
27.48 |
25.10 |
28.79 |
|
La-Z-Boy Quarterly Data
|
|
Apr19 |
Jul19 |
Oct19 |
Jan20 |
Apr20 |
Jul20 |
Oct20 |
Jan21 |
Apr21 |
Jul21 |
Oct21 |
Jan22 |
Apr22 |
Jul22 |
Oct22 |
Jan23 |
Apr23 |
Jul23 |
Oct23 |
Jan24 |
| Days Payable |
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|
|
|
|
|
|
|
|
|
|
|
|
|
26.19 |
33.00 |
33.97 |
30.97 |
29.38 |
Competitive Comparison of La-Z-Boy's Days Payable
For the Furnishings, Fixtures & Appliances subindustry, La-Z-Boy'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.
La-Z-Boy's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, La-Z-Boy's Days Payable distribution charts can be found below:
* The bar in red indicates where La-Z-Boy's Days Payable falls into.
La-Z-Boy 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.
La-Z-Boy's Days Payable for the fiscal year that ended in Apr. 2023 is calculated as
La-Z-Boy's Days Payable for the quarter that ended in Jan. 2024 is calculated as:
* 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.
La-Z-Boy (La-Z-Boy) Business Description
Traded in Other Exchanges
Address
One La-Z-Boy Drive, Monroe, MI, USA, 48162-5138
La-Z-Boy Inc is a U.S.-based company that manufactures, distributes, and retails upholstery furniture products. It is a producer of reclining chairs and distributors of residential furniture in the U.S. The company chiefly operates in the United States but also has secondary operations in Canada and other countries. The company's reportable segments include the Wholesale segment, which manufactures and imports upholstered furniture; and Retail, which sells upholstered and case goods furniture to the end consumer. The majority of the company's revenue is derived from its Wholesale segment. Some of the core brands of the firm include England, Kincaid, American Drew, and Hammary.
Executives
| Janet Kerr |
director |
50 CASTILIAN DR, GOLETA CA 93117 |
| Raza Syed Haider |
director |
ONE LA-Z-BOY DRIVE, MONROE MI 48162 |
| Rebecca M Reeder |
officer: Pres., Retail LZB Furn. Gall. |
1 LA-Z-BOY DRIVE, MONROE MI 48162 |
| Mark Stephen Lavigne |
director |
533 MARYVILLE UNIVERSITY DRIVE, ST. LOUIS MO 63141 |
| Katherine E. Vanderjagt |
officer: VP & Chief HR Officer |
1 LA-Z-BOY DRIVE, MONROE MI 48162 |
| Robert Ii Sundy |
officer: SVP & Chief Commercial Officer |
1 LA-Z-BOY DRIVE, MONROE MI 48162 |
| Carol Young Lee |
officer: VP & Chief Information Officer |
1 LA-Z-BOY DRIVE, MONROE MI 48162 |
| Terrence James Linz |
officer: President, La-Z-Boy Retail |
1 LA-Z-BOY DRIVE, MONROE MI 48162 |
| Bryan Keith Wilson |
officer: President Int'l & Joybird |
6 BELL STREET, MAIDENHEAD, BERKS X0 SL6 1BU |
| Michael Adam Leggett |
officer: Sr VP & Chief Supply Chain Off |
1 LA-Z-BOY DRIVE, MONROE MI 48162 |
| Kurt L Darrow |
director, officer: Chairman, President & CEO |
ONE LA-Z-BOY DRIVE, MONROE MI 48162 |
| Erika L. Alexander |
director |
10400 FERNWOOD RD., BETHESDA MD 20817 |
| Otis S Sawyer |
officer: Senior Vice President |
ONE LA-Z-BOY DRIVE, MONROE MI 48162 |
| Raphaell Z. Richmond |
officer: VP, GC & Chief Compliance Off |
ONE LA-Z-BOY DRIVE, MONROE MI 48162 |
| Jennifer Lynn Mccurry |
officer: Chief Accounting Officer |
ONE LA-Z-BOY DRIVE, MONROE MI 48162 |
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