Fletcher Building (ASX:FBU) Days Payable : 77.20 (As of Dec. 2023)

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What is Fletcher Building Days Payable?

Fletcher Building's average Accounts Payable for the six months ended in Dec. 2023 was A$1,189 Mil. Fletcher Building's Cost of Goods Sold for the six months ended in Dec. 2023 was A$2,811 Mil. Hence, Fletcher Building's Days Payable for the six months ended in Dec. 2023 was 77.20.

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

ASX:FBU' s Days Payable Range Over the Past 10 Years
Min: 60.57 Med: 73.92 Max: 91.53
Current: 80.95

During the past 13 years, Fletcher Building's highest Days Payable was 91.53. The lowest was 60.57. And the median was 73.92.

ASX:FBU's Days Payable is ranked better than
60.54% of 370 companies
in the Building Materials industry
Industry Median: 67.875 vs ASX:FBU: 80.95

Fletcher Building's Days Payable declined from Dec. 2022 (85.48) to Dec. 2023 (77.20). It may suggest that Fletcher Building accelerated paying its suppliers.

Fletcher Building Days Payable Historical Data

The historical data trend for Fletcher Building'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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Fletcher Building Days Payable Chart

Fletcher Building Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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83.62

78.83

76.36

87.25

91.01

Fletcher Building Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															79.36	82.16	85.48	88.96	77.20

Competitive Comparison of Fletcher Building's Days Payable

For the Building Materials subindustry, Fletcher Building'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.

Fletcher Building's Days Payable Distribution in the Building Materials Industry

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

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

Fletcher Building 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.

Fletcher Building's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (1366.948	+	1294.38)	/	2 )	/	5336.576	*	365
=	1330.664					/	5336.576	*	365
=	91.01

Fletcher Building'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1294.38	+	1084.01)	/	2 )	/	2811.36	*	365 / 2
=	1189.195					/	2811.36	*	365 / 2
=	77.20

Fletcher Building Days Payable Related Terms

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Fletcher Building (ASX:FBU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Fletcher Building Ltd (ASX:FBU) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

FRCEF:USA FCREY:USA FBU:New Zealand

Address

810 Great South Road, Penrose, Auckland, NTL, NZL, 1061

Website

https://www.fletcherbuilding.com

Fletcher Building is a New Zealand-based building materials company with operations focused in New Zealand, but also extending to Australia. It has a conglomerate structure with diverse operations across concrete, building products, steel, retail distribution, construction, and development. Having previously expanded internationally through acquisitions, operations have gradually refocused on the New Zealand and Australian businesses.

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