Toll Brothers (FRA:TLK) Days Payable : 31.64 (As of Jul. 2024)

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What is Toll Brothers Days Payable?

Toll Brothers's average Accounts Payable for the three months ended in Jul. 2024 was €635 Mil. Toll Brothers's Cost of Goods Sold for the three months ended in Jul. 2024 was €1,831 Mil. Hence, Toll Brothers's Days Payable for the three months ended in Jul. 2024 was 31.64.

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

FRA:TLK' s Days Payable Range Over the Past 10 Years
Min: 21.01 Med: 23.9 Max: 30.17
Current: 28.64

During the past 13 years, Toll Brothers's highest Days Payable was 30.17. The lowest was 21.01. And the median was 23.90.

FRA:TLK's Days Payable is ranked worse than
62.37% of 93 companies
in the Homebuilding & Construction industry
Industry Median: 41.29 vs FRA:TLK: 28.64

Toll Brothers's Days Payable increased from Jul. 2023 (26.48) to Jul. 2024 (31.64). It may suggest that Toll Brothers delayed paying its suppliers.

Toll Brothers Days Payable Historical Data

The historical data trend for Toll Brothers'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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Toll Brothers Days Payable Chart

Toll Brothers Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Days Payable

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25.22

25.80

25.70

31.28

25.86

Toll Brothers Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Days Payable	Get a 7-Day Free Trial															23.50	39.72	29.91	31.64	21.78

Competitive Comparison of Toll Brothers's Days Payable

For the Residential Construction subindustry, Toll Brothers'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.

Toll Brothers's Days Payable Distribution in the Homebuilding & Construction Industry

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

* The bar in red indicates where Toll Brothers's Days Payable falls into.

Toll Brothers 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.

Toll Brothers's Days Payable for the fiscal year that ended in Oct. 2023 is calculated as

	Days Payable (A: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Oct. 2022 )	+	Accounts Payable (A: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2023 )	*	Days in Period
=	( (628.702	+	565.91)	/	2 )	/	6970.617	*	365
=	597.306					/	6970.617	*	365
=	31.28

Toll Brothers's Days Payable for the quarter that ended in Jul. 2024 is calculated as:

	Days Payable (Q: Jul. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Apr. 2024 )	+	Accounts Payable (Q: Jul. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jul. 2024 )	*	Days in Period
=	( (647.201	+	622.784)	/	2 )	/	1831.036	*	365 / 4
=	634.9925					/	1831.036	*	365 / 4
=	31.64

Toll Brothers Days Payable Related Terms

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Toll Brothers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Toll Brothers Inc (FRA:TLK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TOL:USA 0LFS:UK TLK:Germany

Address

1140 Virginia Drive, Fort Washington, PA, USA, 19034

Website

https://www.tollbrothers.com

Toll Brothers is the leading luxury homebuilder in the United States with an average sale price well above public competitors'. The company operates in over 60 markets across 24 states and caters to move-up, active-adult, and second-home buyers. Traditional homebuilding operations represent most of company's revenue. Toll Brothers also builds luxury for-sale and for-rent properties in urban centers across the US It has its headquarters in Horsham, Pennsylvania.