Gibraltar Industries (Gibraltar Industries) Days Payable

: 46.92 (As of Dec. 2023)

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Gibraltar Industries's average Accounts Payable for the three months ended in Dec. 2023 was $126 Mil. Gibraltar Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was $246 Mil. Hence, Gibraltar Industries's Days Payable for the three months ended in Dec. 2023 was 46.92.

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

ROCK' s Days Payable Range Over the Past 10 Years
Min: 35.7 Med: 39.48 Max: 53.38
Current: 46.32

During the past 13 years, Gibraltar Industries's highest Days Payable was 53.38. The lowest was 35.70. And the median was 39.48.

ROCK's Days Payable is ranked worse than
73.53% of 1602 companies
in the Construction industry
Industry Median: 73.815 vs ROCK: 46.32

Gibraltar Industries's Days Payable declined from Dec. 2022 (49.15) to Dec. 2023 (46.92). It may suggest that Gibraltar Industries accelerated paying its suppliers.

Gibraltar Industries Days Payable Historical Data

The historical data trend for Gibraltar Industries'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.

Gibraltar Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

40.83

48.75

53.38

47.51

35.70

Gibraltar Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																49.15	49.82	48.51	50.56	46.92

Competitive Comparison

For the Building Products & Equipment subindustry, Gibraltar Industries'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.

Gibraltar Industries Days Payable Distribution

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

* The bar in red indicates where Gibraltar Industries's Days Payable falls into.

Gibraltar Industries 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.

Gibraltar Industries'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
=	( (106.582	+	92.124)	/	2 )	/	1015.77	*	365
=	99.353					/	1015.77	*	365
=	35.70

Gibraltar Industries'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
=	( (160.742	+	92.124)	/	2 )	/	245.897	*	365 / 4
=	126.433					/	245.897	*	365 / 4
=	46.92

Gibraltar Industries Days Payable Related Terms

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

Gibraltar Industries (Gibraltar Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Gibraltar Industries Inc (NAS:ROCK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GI2:Germany

Address

3556 Lake Shore Road, P.O. Box 2028, Buffalo, NY, USA, 14219-0228

Website

https://www.gibraltar1.com

Gibraltar Industries Inc is a manufacturer and provider of products and services for the Renewable energy, Residential, Agtech and Infrastructure markets. Renewables Segment is engaged in the design, engineering, manufacturing and installation of solar racking and electrical balance of systems. Agtech Segment provides growing and processing solutions including the designing, engineering, manufacturing, full-scope construction, maintenance and support of greenhouses and indoor growing operations, and botanical extraction systems. It derives key revenue from the Residential segment which offers roof and foundation ventilation products, single point and centralized mail systems and electronic package solutions and Retractable awnings and gutter guards, among other products.

Executives

James B Nish	director	3556 LAKESHORE RD., BLASDELL NY 14219
Janet Anne Catlett	officer: VP, CHRO	22 WEST FRONTAGE ROAD, NORTHFIELD IL 60093
Linda Kristine Myers	director	3556 LAKE SHORE ROAD, P.O. BOX 2028, BUFFALO NY 14219
Katherine Bolanowski	officer: General Counsel, VP, Secretary	3556 LAKE SHORE ROAD, BUFFALO NY 14219
Patrick Burns	officer: Chief Operating Officer	3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Jeffrey J. Watorek	officer: VP, Treasurer, Secretary	3556 LAKESHORE ROAD, BLASDELL NY 14219
Elizabeth Jensen	officer: Chief Human Resources Officer	5928 HIGHLAND HILLS CIRCLE, FORT COLLINS CO 80528
Gwendolyn G Mizell	director	800 S HANLEY SUITE 8D, CLAYTON MO 63105
Manish H Shah	director	9618 BOUCHAINE PASS, BRENTWOOD TN 37027
Mark G Barberio	director	19 WIK STREET, WILLIAMSVILLE NY 14221
Vinod M Khilnani	director	905 WEST BLVD NORTH, ELKHART IN 46514
Sharon M Brady	director	3600 W. LAKE AVENUE, GLENVIEW IL 60026
William P Montague	director
Atlee Valentine Pope	director	3556 LAKE SHORE ROAD, P.O. BOX 2028, BUFFALO NY 14219
Craig A Hindman	director	ILLINOIS TOOL WORKS INC., 3600 WEST LAKE AVENUE, GLENVIEW IL 60026