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Universal Forest Products Inc (NAS:UFPI)
Days Payable
14.16 (As of Sep. 2015)

Universal Forest Products Inc's payable for the three months ended in Sep. 2015 was $101 Mil. Universal Forest Products Inc's cost of goods sold for the three months ended in Sep. 2015 was $652 Mil. Hence, Universal Forest Products Inc's days payable for the three months ended in Sep. 2015 was 14.16.

UFPI' s Days Payable Range Over the Past 10 Years
Min: 11.12   Max: 16.7
Current: 14.89

11.12
16.7

During the past 13 years, Universal Forest Products Inc's highest Days Payable was 16.70. The lowest was 11.12. And the median was 13.13.

UFPI's Days Payable is ranked lower than
88% of the 242 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 51.03 vs. UFPI: 14.89 )

Universal Forest Products Inc's days payable declined from Sep. 2014 (14.48) to Sep. 2015 (14.16). It may suggest that Universal Forest Products Inc accelerated paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Universal Forest Products Inc's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=89.105/2334.987*365
=13.93

Universal Forest Products Inc's Days Payable for the quarter that ended in Sep. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=101.117/651.569*365 / 4
=14.16

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Universal Forest Products Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
DaysPayable 16.7015.1013.8311.6612.6813.0711.1213.1812.1513.93

Universal Forest Products Inc Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
DaysPayable 13.2513.6114.4417.0214.5414.4814.8618.8314.3814.16
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