Installed Building Products (Installed Building Products) Total Current Liabilities : $346 Mil (As of Dec. 2023)

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What is Installed Building Products Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Installed Building Products's total current liabilities for the quarter that ended in Dec. 2023 was $346

Installed Building Products Total Current Liabilities Historical Data

The historical data trend for Installed Building Products's Total Current Liabilities 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 Total Current Liabilities Chart

Installed Building Products Annual Data

Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23

Total Current Liabilities

Get a 7-Day Free Trial 214.15 236.48 307.57 328.10 346.40

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

Total Current Liabilities Get a 7-Day Free Trial 328.10 316.34 314.53 324.68 346.40

Installed Building Products Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Installed Building Products's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities = Accounts Payable & Accrued Expense + Short-Term Debt & Capital Lease Obligation

= 158.6 + 63.2

+ Other Current Liabilities + Current Deferred Liabilities

= 124.6 + 0

= 346

Installed Building Products's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities = Accounts Payable & Accrued Expense + Short-Term Debt & Capital Lease Obligation

= 158.6 + 63.2

+ Other Current Liabilities + Current Deferred Liabilities

= 124.6 + 0

= 346

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Installed Building Products Total Current Liabilities 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 » Total Current Liabilities

Comparable Companies

SKY KBH MDC TPH MHO TMHC CVCO MTH LGIH CCS DHI LEN NVR PHM TSE:1928 TOL LSE:BKG LSE:BDEV TSE:1911 LSE:TW.

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

Installed Building Products (Installed Building Products) Headlines

From GuruFocus

Installed Building Products to Report Fourth Quarter 2022 Financial Results
By Business Wire Business Wire • 02-15-2023

Installed Building Products Awarded With "National Preferred Partner" Distinction
By Business Wire Business Wire • 06-28-2022

Installed Building Products Inc: A High-Performing Stock with Strong Growth and Profitability
By GuruFocus Research • 08-02-2023

Installed Building Products Announces the Acquisition of Orr Industries, LLC
By Business Wire Business Wire • 12-05-2022

Installed Building Products Announces the Election of Marchelle E. Moore to Its Board of Directors
By Business Wire Business Wire • 05-30-2023

Installed Building Products Announces the Acquisition of ABS Insulating Company, Inc.
By Business Wire Business Wire • 12-19-2022

Installed Building Products to Report Third Quarter 2022 Financial Results
By Business Wire Business Wire • 10-27-2022

Installed Building Products Announces Upcoming Investor Conference Schedule
By Business Wire Business Wire • 05-04-2022

Installed Building Products to Report First Quarter 2023 Financial Results
By Business Wire Business Wire • 04-27-2023

Installed Building Products Announces Upcoming Investor Conference Schedule
By Business Wire Business Wire • 05-25-2022

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
Total Current Liabilities	Get a 7-Day Free Trial															328.10	316.34	314.53	324.68	346.40

Total Current Liabilities	=	Accounts Payable & Accrued Expense	+	Short-Term Debt & Capital Lease Obligation
	=	158.6	+	63.2
	+	Other Current Liabilities	+	Current Deferred Liabilities
	=	124.6	+	0
	=	346

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