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James Hardie Industries (James Hardie Industries) Days Payable

: 67.51 (As of Dec. 2023)
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James Hardie Industries's average Accounts Payable for the three months ended in Dec. 2023 was $427 Mil. James Hardie Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was $578 Mil. Hence, James Hardie Industries's Days Payable for the three months ended in Dec. 2023 was 67.51.

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

JHX' s Days Payable Range Over the Past 10 Years
Min: 26.63   Med: 29.88   Max: 57.4
Current: 57.4

During the past 13 years, James Hardie Industries's highest Days Payable was 57.40. The lowest was 26.63. And the median was 29.88.

JHX's Days Payable is ranked worse than
57.99% of 369 companies
in the Building Materials industry
Industry Median: 68.06 vs JHX: 57.40

James Hardie Industries's Days Payable increased from Dec. 2022 (65.20) to Dec. 2023 (67.51). It may suggest that James Hardie Industries delayed paying its suppliers.


James Hardie Industries Days Payable Historical Data

The historical data trend for James Hardie 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.

James Hardie Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.69 32.04 31.97 35.50 34.93

James Hardie 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 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 Premium Member Only Premium Member Only Premium Member Only 65.20 46.16 46.81 62.28 67.51

Competitive Comparison

For the Building Materials subindustry, James Hardie 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.


James Hardie Industries Days Payable Distribution

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

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



James Hardie 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.

James Hardie Industries's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (273.6 + 198.2) / 2 ) / 2465.1*365
=235.9 / 2465.1*365
=34.93

James Hardie 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
=( (414.7 + 440) / 2 ) / 577.6*365 / 4
=427.35 / 577.6*365 / 4
=67.51

* 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.


James Hardie Industries Days Payable Related Terms

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James Hardie Industries (James Hardie Industries) Business Description

Address
Harcourt Street, Europa House, 2nd Floor, Harcourt Centre, Dublin, IRL, D02 WR20
James Hardie is a manufacturer of fiber cement-based building products, selling primarily to the residential construction industry. North America is the primary geography, generating about 80% of group earnings. Here, it is the largest manufacturer of fiber cement, which is mainly used for siding. Asia-Pacific businesses in Australia, New Zealand, and the Philippines, as well as Europe, make up the rest of earnings. In 2018, the group acquired Fermacell, a fiber gypsum building products business headquartered in Germany with operations throughout Europe.

James Hardie Industries (James Hardie Industries) Headlines