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Ryland Group (FRA:RYG) Days Payable : 33.63 (As of Jun. 2015)


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What is Ryland Group Days Payable?

Ryland Group's average Accounts Payable for the three months ended in Jun. 2015 was €169 Mil. Ryland Group's Cost of Goods Sold for the three months ended in Jun. 2015 was €459 Mil. Hence, Ryland Group's Days Payable for the three months ended in Jun. 2015 was 33.63.

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

FRA:RYG' s Days Payable Range Over the Past 10 Years
Min: 13.11   Med: 26.58   Max: 43.3
Current: 36.45

During the past 13 years, Ryland Group's highest Days Payable was 43.30. The lowest was 13.11. And the median was 26.58.

FRA:RYG's Days Payable is not ranked
in the Homebuilding & Construction industry.
Industry Median: 41.29 vs FRA:RYG: 36.45

Ryland Group's Days Payable declined from Jun. 2014 (34.30) to Jun. 2015 (33.63). It may suggest that Ryland Group accelerated paying its suppliers.


Ryland Group Days Payable Historical Data

The historical data trend for Ryland Group'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.

Ryland Group Days Payable Chart

Ryland Group Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.10 34.49 34.51 32.82 32.21

Ryland Group Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 Premium Member Only 34.30 34.85 28.46 37.79 33.63

Competitive Comparison of Ryland Group's Days Payable

For the Residential Construction subindustry, Ryland Group'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.


Ryland Group's Days Payable Distribution in the Homebuilding & Construction Industry

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

* The bar in red indicates where Ryland Group's Days Payable falls into.



Ryland Group 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.

Ryland Group's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

Days Payable (A: Dec. 2014 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2013 ) + Accounts Payable (A: Dec. 2014 )) / count ) / Cost of Goods Sold (A: Dec. 2014 )*Days in Period
=( (126.174 + 166.577) / 2 ) / 1658.904*365
=146.3755 / 1658.904*365
=32.21

Ryland Group's Days Payable for the quarter that ended in Jun. 2015 is calculated as:

Days Payable (Q: Jun. 2015 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2015 ) + Accounts Payable (Q: Jun. 2015 )) / count ) / Cost of Goods Sold (Q: Jun. 2015 )*Days in Period
=( (149.197 + 189.005) / 2 ) / 458.804*365 / 4
=169.101 / 458.804*365 / 4
=33.63

* 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.


Ryland Group Days Payable Related Terms

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Ryland Group (FRA:RYG) Business Description

Traded in Other Exchanges
N/A
Address
Ryland Group Inc is a Maryland corporation, which was founded in 1967. It is a homebuilder and a mortgage-finance company. The Company consists of six operating business segments namely four geographically determined homebuilding regions; financial services; and corporate. The Company's homebuilding operations consist of four regional reporting segments namely North, Southeast, Texas and West. The homebuilding segments specialize in the sale and construction of single-family attached and detached housing. Its operations in each of its homebuilding markets might differ due to a number of market-specific factors. These factors include regional economic conditions and job growth; land availability and local land development; consumer preferences; competition from other homebuilders; and home resale activity. The Company's financial services segment includes RMC, RH Insurance Company, Inc. or RHIC, LPS Holdings Corporation and its subsidiaries and Columbia National Risk Retention Group, Inc. or CNRRG. Corporate is a non-operating business segment whose purpose is to support operations. Corporate is responsible for establishing operational policies and internal control standards; implementing strategic initiatives; and monitoring compliance with policies and controls throughout the Company's operations. Corporate acts as an internal source of capital and provides financial, human resource, information technology, insurance, legal, marketing, national purchasing and tax compliance services. In addition, it performs administrative functions associated with a publicly traded entity. Ryland Insurance Services or RIS, a wholly-owned subsidiary of RMC, provides insurance services to the Company's homebuyers. As single-family on-site homebuilders in the United States, it operates in 17 states. The Company's homebuilding segments are subject to a number of local, state and federal laws, statutes, ordinances, rules and regulations concerning zoning, building design, construction, stormwater permitting and discharge and similar matters, as well as open space, wetlands and environmentally protected areas.

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