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LSB Industries (LSB Industries) Days Payable : 47.33 (As of Dec. 2023)


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What is LSB Industries Days Payable?

LSB Industries's average Accounts Payable for the three months ended in Dec. 2023 was $62.6 Mil. LSB Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was $120.6 Mil. Hence, LSB Industries's Days Payable for the three months ended in Dec. 2023 was 47.33.

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

LXU' s Days Payable Range Over the Past 10 Years
Min: 41.99   Med: 58.54   Max: 74.05
Current: 46.92

During the past 13 years, LSB Industries's highest Days Payable was 74.05. The lowest was 41.99. And the median was 58.54.

LXU's Days Payable is ranked worse than
64.52% of 1505 companies
in the Chemicals industry
Industry Median: 61 vs LXU: 46.92

LSB Industries's Days Payable declined from Dec. 2022 (55.65) to Dec. 2023 (47.33). It may suggest that LSB Industries accelerated paying its suppliers.


LSB Industries Days Payable Historical Data

The historical data trend for LSB 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.

LSB Industries Days Payable Chart

LSB Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.36 57.34 41.99 42.10 52.69

LSB 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 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 55.65 47.97 43.18 43.16 47.33

Competitive Comparison of LSB Industries's Days Payable

For the Chemicals subindustry, LSB 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.


LSB Industries's Days Payable Distribution in the Chemicals Industry

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

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



LSB 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.

LSB 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
=( (78.182 + 68.323) / 2 ) / 507.449*365
=73.2525 / 507.449*365
=52.69

LSB 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
=( (56.796 + 68.323) / 2 ) / 120.604*365 / 4
=62.5595 / 120.604*365 / 4
=47.33

* 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.


LSB Industries Days Payable Related Terms

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


LSB Industries (LSB Industries) Business Description

Traded in Other Exchanges
Address
3503 North West 63rd Street, Suite 500, Oklahoma City, OK, USA, 73116
LSB Industries Inc is engaged in the manufacturing and sale of chemical products in the United States. The company manufactures and sells chemical products for the agricultural, industrial, and mining markets. Its products include ammonia, fertilizer grade ammonium nitrate (AN and HDAN), and urea ammonia nitrate (UAN) for agricultural applications; high purity and commercial grade ammonia, sulfuric acids, concentrated, blended, and regular nitric acid, mixed nitrating acids, carbon dioxide, and diesel exhaust fluid for industrial applications; and industrial grade AN (LDAN) and AN solutions for mining applications. Its products are sold through distributors and directly to end customers throughout the United States.
Executives
Lsb Funding Llc 10 percent owner 350 PARK AVENUE, 14TH FLOOR, NEW YORK NY 10022
Sbt Investors Llc 10 percent owner 600 STEAMBOAT ROAD, SUITE 200, GREENWICH CT 06830
Todd L Boehly 10 percent owner 600 STEAMBOAT ROAD, GREENWICH CT 06830
Diana M Peninger director 3503 NW 63RD ST, SUITE 500, OKLAHOMA CITY OK 73116
Steven L Packebush director 3503 NW 63RD STREET, SUITE 500, OKLAHOMA CITY OK 73116-2238
Damien Renwick officer: Chief Commercial Officer 3503 NW 63RD STREET, SUITE 500, OKLAHOMA CITY OK 73116
Kristy Carver officer: V Pres-Corporate Taxation 16 SOUTH PENNSYLVANIA AVENUE, OKLAHOMA CITY OK 73107
Lynn F White director C/O CF INDUSTRIES HOLDINGS, INC., 4 PARKWAY NORTH, SUITE 400, DEERFIELD IL 60015
Harold L Rieker officer: Vice President/Prin Acctg Off 16 SOUTH PENNSYLVANIA AVENUE, OKLAHOMA CITY OK 73107
John Burns officer: Executive Vice President-Mfg 3503 NW 63RD ST, SUITE 500, OKLAHOMA CITY OK 73116
Mark T Behrman officer: SR. VP-Corporate Development
Richard Roedel director 164 WEST RD, NEW CANAAN CT 06840
Cheryl Maguire officer: Sr. VP/CFO 3503 NW 63RD ST, SUITE 500, OKLAHOMA CITY OK 73116
Kanna Kitamura director 350 PARK AVENUE, 14TH FLOOR, NEW YORK NY 10022
Sanders Richard S Jr director 16 SOUTH PENNSYLVANIA AVENUE, OKLAHOMA CITY OK 73107

LSB Industries (LSB Industries) Headlines

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