PulteGroup (BSP:P1HM34) Days Payable : 19.45 (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is PulteGroup Days Payable?

PulteGroup's average Accounts Payable for the three months ended in Mar. 2024 was R$2,948 Mil. PulteGroup's Cost of Goods Sold for the three months ended in Mar. 2024 was R$13,831 Mil. Hence, PulteGroup's Days Payable for the three months ended in Mar. 2024 was 19.45.

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

BSP:P1HM34' s Days Payable Range Over the Past 10 Years
Min: 17.42 Med: 20.56 Max: 25.08
Current: 17.61

During the past 13 years, PulteGroup's highest Days Payable was 25.08. The lowest was 17.42. And the median was 20.56.

BSP:P1HM34's Days Payable is ranked worse than
77% of 100 companies
in the Homebuilding & Construction industry
Industry Median: 40.65 vs BSP:P1HM34: 17.61

PulteGroup's Days Payable increased from Mar. 2023 (19.01) to Mar. 2024 (19.45). It may suggest that PulteGroup delayed paying its suppliers.

PulteGroup Days Payable Historical Data

The historical data trend for PulteGroup'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.

PulteGroup Days Payable Chart

PulteGroup Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

17.96

18.99

19.92

20.19

19.71

PulteGroup 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															19.01	16.60	17.82	17.85	19.45

Competitive Comparison of PulteGroup's Days Payable

For the Residential Construction subindustry, PulteGroup'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.

PulteGroup's Days Payable Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, PulteGroup's Days Payable distribution charts can be found below:

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

PulteGroup 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.

PulteGroup'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
=	( (2968.765	+	3033.035)	/	2 )	/	55573.987	*	365
=	3000.9					/	55573.987	*	365
=	19.71

PulteGroup'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
=	( (3033.035	+	2863.739)	/	2 )	/	13831.434	*	365 / 4
=	2948.387					/	13831.434	*	365 / 4
=	19.45

PulteGroup Days Payable Related Terms

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

PulteGroup (BSP:P1HM34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » PulteGroup Inc (BSP:P1HM34) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PHM:USA PHM:Mexico PU7:Germany

Address

3350 Peachtree Road NE, Suite 1500, Atlanta, GA, USA, 30326

Website

https://www.pultegroupinc.com

PulteGroup Inc is one of the largest homebuilders in the United States, operating in 42 markets across 24 states. The company mainly builds single-family detached homes (85% of unit sales) and offers products to entry-level, move-up, and active-adult buyers. PulteGroup offers homebuyers mortgage financing and title agency services through its financial services segment. The company is headquartered in Atlanta.

PulteGroup (BSP:P1HM34) Headlines

No Headlines