UFP Industries (UFP Industries) Days Payable

: 16.94 (As of Dec. 2023)

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UFP Industries's average Accounts Payable for the three months ended in Dec. 2023 was $228 Mil. UFP Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,228 Mil. Hence, UFP Industries's Days Payable for the three months ended in Dec. 2023 was 16.94.

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

UFPI' s Days Payable Range Over the Past 10 Years
Min: 12.25 Med: 13.46 Max: 15.17
Current: 15.17

During the past 13 years, UFP Industries's highest Days Payable was 15.17. The lowest was 12.25. And the median was 13.46.

UFPI's Days Payable is ranked worse than
93.21% of 280 companies
in the Forest Products industry
Industry Median: 56.375 vs UFPI: 15.17

UFP Industries's Days Payable increased from Dec. 2022 (15.55) to Dec. 2023 (16.94). It may suggest that UFP Industries delayed paying its suppliers.

UFP Industries Days Payable Historical Data

The historical data trend for UFP 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.

UFP Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

13.67

14.84

13.40

12.25

12.90

UFP 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																15.55	15.11	15.05	16.14	16.94

Competitive Comparison

For the Lumber & Wood Production subindustry, UFP 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.

UFP Industries Days Payable Distribution

For the Forest Products industry and Basic Materials sector, UFP Industries's Days Payable distribution charts can be found below:

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

UFP 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.

UFP 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
=	( (206.941	+	203.055)	/	2 )	/	5799.446	*	365
=	204.998					/	5799.446	*	365
=	12.90

UFP 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
=	( (253.065	+	203.055)	/	2 )	/	1228.211	*	365 / 4
=	228.06					/	1228.211	*	365 / 4
=	16.94

UFP Industries Days Payable Related Terms

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

UFP Industries (UFP Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » UFP Industries Inc (NAS:UFPI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

UF3:Germany UF3:Germany

Address

2801 East Beltline Avenue NE, Grand Rapids, MI, USA, 49525

Website

https://www.ufpi.com

UFP Industries Inc is a supplier of lumber to the manufactured housing industry. Today UFP Industries is a multibillion-dollar holding company with subsidiaries around the globe that serve three markets: retail, packaging and construction.

Executives

Patrick M. Benton	officer: XVP UFP Eastern Div - North	2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525
William G Currie	director	2801 EAST BELTINE N E, GRAND RAPIDS MI 49505
Michael R Cole	officer: Chief Financial Officer	2801 EAST BELTLINE, N.E., GRAND RAPIDS MI 49525
Mary E Tuuk	director	625 KENMOOR AVE SE, SUITE 301, GRAND RAPIDS MI 49456
Bruce A Merino	director	3800 WEST CHAPMAN AVE, ORANGE CA 92868
David A. Tutas	officer: Vice President Legal & Secty	2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525
Matthew J Missad	director, officer: Chief Executive Officer	2801 EAST BELTLINE, N.E., GRAND RAPIDS MI 49525
Patrick M Webster	officer: Pres. and Chief Operating Off.	2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525
William Danny Schwartz	officer: Exec. VP, Operations Services	2801 EAST BELTLINE AVE NE, GRAND RAPIDS MI 49525
Allen T Peters	officer: President, UFP Western Div	2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525
Benjamin J. Mclean	director	2801 E BELTLINE AVE NE, GRAND RAPIDS MI 49525
Scott T Bravata	officer: Vice President Administration	2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525
Michael G. Wooldridge	director	2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525
Donald L James	officer: XVP National Sales	2801 EAST BELTLINE, N.E., GRAND RAPIDS MI 49525
Scott A Worthington	officer: President, UFP Industrial, LLC	2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525