Installed Building Products (Installed Building Products) Days Payable

: 29.02 (As of Dec. 2023)

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Installed Building Products's average Accounts Payable for the three months ended in Dec. 2023 was $151 Mil. Installed Building Products's Cost of Goods Sold for the three months ended in Dec. 2023 was $475 Mil. Hence, Installed Building Products's Days Payable for the three months ended in Dec. 2023 was 29.02.

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

IBP' s Days Payable Range Over the Past 10 Years
Min: 27.93 Med: 34.03 Max: 42.12
Current: 28.61

During the past 13 years, Installed Building Products's highest Days Payable was 42.12. The lowest was 27.93. And the median was 34.03.

IBP's Days Payable is ranked worse than
57% of 100 companies
in the Homebuilding & Construction industry
Industry Median: 40.65 vs IBP: 28.61

Installed Building Products's Days Payable declined from Dec. 2022 (29.70) to Dec. 2023 (29.02). It may suggest that Installed Building Products accelerated paying its suppliers.

Installed Building Products Days Payable Historical Data

The historical data trend for Installed Building Products'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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Installed Building Products Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

33.19

31.98

30.99

27.93

30.40

Installed Building Products Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																29.70	28.87	27.09	27.67	29.02

Competitive Comparison

For the Residential Construction subindustry, Installed Building Products'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.

Installed Building Products Days Payable Distribution

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

* The bar in red indicates where Installed Building Products's Days Payable falls into.

Installed Building Products 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.

Installed Building Products'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
=	( (149.2	+	158.6)	/	2 )	/	1847.9	*	365
=	153.9					/	1847.9	*	365
=	30.40

Installed Building Products'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
=	( (143.556	+	158.6)	/	2 )	/	475.017	*	365 / 4
=	151.078					/	475.017	*	365 / 4
=	29.02

Installed Building Products Days Payable Related Terms

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Installed Building Products (Installed Building Products) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Installed Building Products Inc (NYSE:IBP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

2IL:Germany

Address

495 South High Street, Suite 50, Columbus, OH, USA, 43215

Website

https://www.installedbuildingproducts.com

Installed Building Products Inc is an insulation installer serving the residential new construction market and are also a diversified installer of complementary building products, including waterproofing, fire-stopping and fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving, mirrors and other products throughout the United States. The company installs fiberglass insulation, spray foam insulation, and cellulose insulation. The company has three operating segments consisting of Installation, Manufacturing and Distribution operations. Majority of revenue is generated from Installation segment.

Executives

Michael Thomas Miller	director, officer: See Remarks	C/O INSTALLED BUILDING PRODUCTS, INC., 495 SOUTH HIGH STREET, SUITE 50, COLUMBUS OH 43215
William Jeffrey Hire	officer: President of External Affairs	C/O INSTALLED BUILDING PRODUCTS, INC., 495 S. HIGH STREET, SUITE 50, COLUMBUS OH 43215
Todd R Fry	officer: Chief Accounting Officer	CHAMPION INDUSTRIES, P O BOX 2968, HUNTINGTON WV 25728-2968
Jeffrey W. Edwards	director, 10 percent owner, officer: President, CEO & Chairman	C/O INSTALLED BUILDING PRODUCTS, INC., 495 SOUTH HIGH STREET, SUITE 50, COLUMBUS OH 43215
Marchelle E Moore	director	C/O INSTALLED BUILDING PRODUCTS, INC., 495 S. HIGH STREET, SUITE 50, COLUMBUS OH 43215
Janet E. Jackson	director	C/O INSTALLED BUILDING PRODUCTS, INC., 495 SOUTH HIGH STREET, SUITE 50, COLUMBUS OH 43215
Margot Lebenberg Carter	director	C/O INSTALLED BUILDING PRODUCTS, INC., 495 S. HIGH STREET, SUITE 50, COLUMBUS OH 43215
Jay P. Elliott	officer: Chief Operating Offier	C/O INSTALLED BUILDING PRODUCTS, INC., 495 SOUTH HIGH STREET, SUITE 50, COLUMBUS OH 43215
Michael H Thomas	director	100 E CAMPUS VIEW BLVD STE 170, C/O TEAM AMERICA, COLUMBUS OH 43235
Lawrence A. Hilsheimer	director	425 WINTER ROAD, DELAWARE OH 43015
Jason R Niswonger	officer: SVP, Finance & IR	C/O INSTALLED BUILDING PRODUCTS, INC., 495 S. HIGH STREET, SUITE 50, COLUMBUS OH 43215
Vikas Verma	director	C/O INSTALLED BUILDING PRODUCTS, INC., 495 S. HIGH STREET, SUITE 50, COLUMBUS OH 43215
David R Meuse	director	191 WEST NATIONWIDE BLVD, COLUMBUS OH 43215
J Michael Nixon	director, 10 percent owner	C/O INSTALLED BUILDING PRODUCTS, INC., 495 SOUTH HIGH STREET, SUITE 50, COLUMBUS OH 43215
Installed Building Systems, Inc.	director, 10 percent owner, other: Director by Deputization	495 SOUTH HIGH STREET, SUITE 50, COLUMBUS OH 43215