Market Cap : 740.94 M | Enterprise Value : 859.07 M | P/E (TTM) : 19.12 | P/B : 2.08 |
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Quanex Building Products's Accounts Payable for the three months ended in Oct. 2020 was $77.3 Mil. Quanex Building Products's Cost of Goods Sold for the three months ended in Oct. 2020 was $189.2 Mil. Hence, Quanex Building Products's Days Payable for the three months ended in Oct. 2020 was 37.31.
During the past 13 years, Quanex Building Products's highest Days Payable was 83.11. The lowest was 23.96. And the median was 33.04.
Quanex Building Products's Days Payable increased from Oct. 2019 (31.69) to Oct. 2020 (37.31). It may suggest that Quanex Building Products delayed paying its suppliers.
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
* The bar in red indicates where Quanex Building Products's Days Payable falls into.
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.
Quanex Building Products's Days Payable for the fiscal year that ended in Oct. 2020 is calculated as
Days Payable | = | Accounts Payable | / | Cost of Goods Sold | * | Days in Period |
= | 77.335 | / | 658.75 | * | 365 | |
= | 42.85 |
Quanex Building Products's Days Payable for the quarter that ended in Oct. 2020 is calculated as:
Days Payable | = | Accounts Payable | / | Cost of Goods Sold | * | Days in Period |
= | 77.335 | / | 189.164 | * | 365 / 4 | |
= | 37.31 |
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
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