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Beacon Roofing Supply (STU:OWY) Days Payable : 69.33 (As of Mar. 2024)


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What is Beacon Roofing Supply Days Payable?

Beacon Roofing Supply's average Accounts Payable for the three months ended in Mar. 2024 was €1,006 Mil. Beacon Roofing Supply's Cost of Goods Sold for the three months ended in Mar. 2024 was €1,324 Mil. Hence, Beacon Roofing Supply's Days Payable for the three months ended in Mar. 2024 was 69.33.

The historical rank and industry rank for Beacon Roofing Supply's Days Payable or its related term are showing as below:

STU:OWY' s Days Payable Range Over the Past 10 Years
Min: 35.5   Med: 47.98   Max: 69.36
Current: 58.68

During the past 13 years, Beacon Roofing Supply's highest Days Payable was 69.36. The lowest was 35.50. And the median was 47.98.

STU:OWY's Days Payable is ranked better than
56.25% of 144 companies
in the Industrial Distribution industry
Industry Median: 53.42 vs STU:OWY: 58.68

Beacon Roofing Supply's Days Payable increased from Mar. 2023 (60.45) to Mar. 2024 (69.33). It may suggest that Beacon Roofing Supply delayed paying its suppliers.


Beacon Roofing Supply Days Payable Historical Data

The historical data trend for Beacon Roofing Supply'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.

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Beacon Roofing Supply Days Payable Chart

Beacon Roofing Supply Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.08 71.68 63.43 45.75 48.15

Beacon Roofing Supply Quarterly Data
Jun19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 60.45 53.94 59.13 57.41 69.33

Competitive Comparison of Beacon Roofing Supply's Days Payable

For the Industrial Distribution subindustry, Beacon Roofing Supply'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.


Beacon Roofing Supply's Days Payable Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Beacon Roofing Supply's Days Payable distribution charts can be found below:

* The bar in red indicates where Beacon Roofing Supply's Days Payable falls into.



Beacon Roofing Supply 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.

Beacon Roofing Supply'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
=( (775.024 + 864.548) / 2 ) / 6214.601*365
=819.786 / 6214.601*365
=48.15

Beacon Roofing Supply'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
=( (864.548 + 1147.424) / 2 ) / 1324.064*365 / 4
=1005.986 / 1324.064*365 / 4
=69.33

* 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.


Beacon Roofing Supply Days Payable Related Terms

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Beacon Roofing Supply (STU:OWY) Business Description

Traded in Other Exchanges
Address
505 Huntmar Park Drive, Suite 300, Herndon, VA, USA, 20170
Beacon Roofing Supply Inc manufactures and sells roofing and building materials throughout the United States and Canada. Beacon's key customers consist of contractors, home builders, lumberyards, retailers, wholesale distributors, and building materials suppliers. The company's product portfolio includes both residential and non-residential roofing materials, siding, windows, and waterproofing systems. The majority of revenue is generated from residential and non-residential roofing products. The vast majority of Beacon's revenue comes from the United States.

Beacon Roofing Supply (STU:OWY) Headlines

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