Landsea Homes (Landsea Homes) Days Payable : 30.35 (As of Mar. 2024)

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What is Landsea Homes Days Payable?

Landsea Homes's average Accounts Payable for the three months ended in Mar. 2024 was $83.34 Mil. Landsea Homes's Cost of Goods Sold for the three months ended in Mar. 2024 was $250.58 Mil. Hence, Landsea Homes's Days Payable for the three months ended in Mar. 2024 was 30.35.

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

LSEAW' s Days Payable Range Over the Past 10 Years
Min: 0.08 Med: 23.32 Max: 27.96
Current: 26.08

During the past 5 years, Landsea Homes's highest Days Payable was 27.96. The lowest was 0.08. And the median was 23.32.

LSEAW's Days Payable is ranked worse than
83.7% of 1577 companies
in the Real Estate industry
Industry Median: 96.82 vs LSEAW: 26.08

Landsea Homes's Days Payable declined from Mar. 2023 (31.59) to Mar. 2024 (30.35). It may suggest that Landsea Homes accelerated paying its suppliers.

Landsea Homes Days Payable Historical Data

The historical data trend for Landsea Homes'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.

Landsea Homes Days Payable Chart

Landsea Homes Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

0.08

10.37

23.87

23.32

27.96

Landsea Homes Quarterly Data
	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													31.59	25.46	29.70	20.68	30.35

Competitive Comparison of Landsea Homes's Days Payable

For the Real Estate - Development subindustry, Landsea Homes'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.

Landsea Homes's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Landsea Homes's Days Payable distribution charts can be found below:

* The bar in red indicates where Landsea Homes's Days Payable falls into.

Landsea Homes 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.

Landsea Homes'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
=	( (74.445	+	77.969)	/	2 )	/	994.973	*	365
=	76.207					/	994.973	*	365
=	27.96

Landsea Homes'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
=	( (77.969	+	88.707)	/	2 )	/	250.58	*	365 / 4
=	83.338					/	250.58	*	365 / 4
=	30.35

Landsea Homes Days Payable Related Terms

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Landsea Homes (Landsea Homes) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Landsea Homes Corp (NAS:LSEAW) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LSEA:USA 8HJ:Germany

Address

660 Newport Center Drive, Suite 300, Newport Beach, CA, USA, 92660

Website

https://www.landseahomes.com

Landsea Homes Corp is a homebuilding company. It designs and builds best-in-class homes and sustainable master-planned communities in some of the nation's most desirable markets. The company's segments include Arizona, California, Florida, Metro New York, and Texas. It derives a majority of revenue from California.