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Dream Finders Homes (Dream Finders Homes) Days Payable : 13.72 (As of Dec. 2023)


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What is Dream Finders Homes Days Payable?

Dream Finders Homes's average Accounts Payable for the three months ended in Dec. 2023 was $136 Mil. Dream Finders Homes's Cost of Goods Sold for the three months ended in Dec. 2023 was $902 Mil. Hence, Dream Finders Homes's Days Payable for the three months ended in Dec. 2023 was 13.72.

The historical rank and industry rank for Dream Finders Homes's Days Payable or its related term are showing as below:

DFH' s Days Payable Range Over the Past 10 Years
Min: 14.25   Med: 16.87   Max: 25.62
Current: 16.12

During the past 6 years, Dream Finders Homes's highest Days Payable was 25.62. The lowest was 14.25. And the median was 16.87.

DFH's Days Payable is ranked worse than
83.84% of 99 companies
in the Homebuilding & Construction industry
Industry Median: 40.61 vs DFH: 16.12

Dream Finders Homes's Days Payable declined from Dec. 2022 (14.16) to Dec. 2023 (13.72). It may suggest that Dream Finders Homes accelerated paying its suppliers.


Dream Finders Homes Days Payable Historical Data

The historical data trend for Dream Finders Homes'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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Dream Finders Homes Days Payable Chart

Dream Finders Homes Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 19.82 14.25 17.10 16.64 16.29

Dream Finders Homes Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial 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 14.16 19.29 15.49 16.81 13.72

Competitive Comparison of Dream Finders Homes's Days Payable

For the Residential Construction subindustry, Dream Finders Homes'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.


Dream Finders Homes's Days Payable Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Dream Finders Homes's Days Payable distribution charts can be found below:

* The bar in red indicates where Dream Finders Homes's Days Payable falls into.



Dream Finders Homes 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.

Dream Finders Homes'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
=( (134.702 + 134.115) / 2 ) / 3011.813*365
=134.4085 / 3011.813*365
=16.29

Dream Finders Homes'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
=( (137.146 + 134.115) / 2 ) / 902.328*365 / 4
=135.6305 / 902.328*365 / 4
=13.72

* 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.


Dream Finders Homes Days Payable Related Terms

Thank you for viewing the detailed overview of Dream Finders Homes's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Dream Finders Homes (Dream Finders Homes) Business Description

Traded in Other Exchanges
N/A
Address
14701 Philips Highway, Suite 300, Jacksonville, FL, USA, 32256
Dream Finders Homes Inc is engaged in the home building business. It designs, builds, and sells homes in Jacksonville, Orlando, Denver, the Washington D.C. metropolitan area, and Austin. The company operates through six geographical divisions namely, Jacksonville, Orlando, Denver, Washington DC (Capital), and the Carolinas (H&H Homes), Jet Home Loans LLC. Jacksonville division generates most of the revenue for the firm.
Executives
Patrick O. Zalupski director, officer: President and CEO 14701 PHILIPS HIGHWAY, SUITE 300, JACKSONVILLE FL 32256
Lorena Anabel Fernandez officer: CFO 14701 PHILIPS HIGHWAY, SUITE 300, JACKSONVILLE FL 32256
Doug Moran officer: Senior VP and COO 14701 PHILIPS HIGHWAY, SUITE 300, JACKSONVILLE FL 32256
Len Sturm director 14701 PHILIPS HIGHWAY, SUITE 300, JACKSONVILLE FL 32256
Justin Udelhofen director 14701 PHILIPS HIGHWAY, SUITE 300, JACKSONVILLE FL 32256
Walton William H Iii director ONE INDEPENDENT DRIVE, SUITE 1600, JACKSONVILLE FL 32202
William Weatherford director 19701 BETHEL CHURCH ROAD #302, CORNELIUS NC 28031
Robert E. Riva officer: VP, GC and Corporate Secretary 14701 PHILIPS HIGHWAY, SUITE 300, JACKSONVILLE FL 32256
Boston Omaha Corp 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Boc Dfh, Llc 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
United Casualty & Surety Insurance Co. other: SUBSID of Boston Omaha Corp 292 NEWBURY STREET, BOX 105, BOSTON MA 02115
John O. Blanton officer: VP and CAO 14701 PHILIPS HIGHWAY, SUITE 300, JACKSONVILLE FL 32256
Rick A. Moyer officer: Senior VP and CFO 14701 PHILIPS HIGHWAY, SUITE 300, JACKSONVILLE FL 32256
Megha H. Parekh director 14701 PHILIPS HIGHWAY, SUITE 300, JACKSONVILLE FL 32256
Lovett William Radford Ii director C/O EVERBANK FINANCIAL CORP, 501 RIVERSIDE AVENUE, JACKSONVILLE FL 32202