GFF (Griffon) Days Payable : 32.48 (As of Dec. 2024)

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What is Griffon Days Payable?

Griffon's average Accounts Payable for the three months ended in Dec. 2024 was $131 Mil. Griffon's Cost of Goods Sold for the three months ended in Dec. 2024 was $368 Mil. Hence, Griffon's Days Payable for the three months ended in Dec. 2024 was 32.48.

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

GFF' s Days Payable Range Over the Past 10 Years
Min: 26.86 Med: 52.03 Max: 70.01
Current: 33.38

During the past 13 years, Griffon's highest Days Payable was 70.01. The lowest was 26.86. And the median was 52.03.

GFF's Days Payable is ranked worse than
75.1% of 518 companies
in the Conglomerates industry
Industry Median: 55.535 vs GFF: 33.38

Griffon's Days Payable increased from Dec. 2023 (30.38) to Dec. 2024 (32.48). It may suggest that Griffon delayed paying its suppliers.

Griffon Days Payable Historical Data

The historical data trend for Griffon'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.

Griffon Days Payable Chart

Griffon Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Days Payable

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52.08

48.45

43.42

32.73

26.86

Griffon Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															30.38	33.71	34.30	31.77	32.48

Competitive Comparison of Griffon's Days Payable

For the Conglomerates subindustry, Griffon'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.

Griffon's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Griffon's Days Payable distribution charts can be found below:

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

Griffon 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.

Griffon's Days Payable for the fiscal year that ended in Sep. 2024 is calculated as

	Days Payable (A: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2023 )	+	Accounts Payable (A: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2024 )	*	Days in Period
=	( (116.646	+	119.354)	/	2 )	/	1603.585	*	365
=	118					/	1603.585	*	365
=	26.86

Griffon's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (119.354	+	142.702)	/	2 )	/	368.095	*	365 / 4
=	131.028					/	368.095	*	365 / 4
=	32.48

Griffon Days Payable Related Terms

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Griffon Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Griffon Corp (NYSE:GFF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GFF:Germany

Address

712 Fifth Avenue, 18th Floor, New York, NY, USA, 10019

Website

https://www.griffon.com

Griffon Corp manufactures and markets residential, commercial and industrial garage doors to professional installing dealers and home center retail chains. It also provides non-powered landscaping products for homeowners and professionals. Its operating segments include Consumer and Professional Products: is a provider of branded consumer and professional tools; residential, industrial and commercial fans; home storage and organization products; and Home and Building Products conducts its operations through Clopay Corporation (Clopay). Clopay is the manufacturer and marketer of garage doors and rolling steel doors in North America. The company generates a majority of its revenue from the Home and Building Products segment. Operates in USA, Europe, Canada, Australia, and Others.

Executives

Samanta H Stewart	director	712 FIFTH AVENUE, C/O GRIFFON CORPORATION, NEW YORK NY 100194108
Cheryl L Turnbull	director	POST OFFICE BOX 2200, KNOXVILLE TN 37933-2000
James W Sight	director	712 FIFTH AVENUE, C/O GRIFFON CORPORATION, NEW YORK NY 100194108
W. Christopher Durborow	officer: VP, Controller and CAO	C/O GRIFFON CORPORATION, 712 FIFTH AVENUE, NEW YORK NY 10019
Seth L. Kaplan	officer: Sr VP, Gen. Counsel and Secy	712 FIFTH AVENUE, 18TH FLOOR, NEW YORK NY 10019
Brian G Harris	officer: SVP, Chief Financial Officer	100 JERICHO QUADRANGLE, SUITE 224, JERICHO NY 11753
Victor Eugene Renuart	director	C/O GRIFFON CORPORATION, 712 FIFTH AVENUE, NEW YORK NY 10019
Kevin F Sullivan	director	C/O GRIFFON CORPORATION, 712 FIFTH AVENUE, NEW YORK NY 10019
Louis J. Grabowsky	director	6605 ABERDEEN, DALLAS TX 75230
Jerome L Coben	director	5482 WILSHIRE BLVD., #1579, LOS ANGELES CA 90036
Robert F Mehmel	officer: President and COO	GRIFFON CORPORATION, 712 FIFTH AVENUE, NEW YORK NY 10019
Ronald J Kramer	director, officer: CEO	712 FIFTH AVENUE, NEW YORK NY 10019
Henry A Alpert	director
Voss Value Master Fund, L.p.	director	3773 RICHMOND AVENUE, SUITE 500, HOUSTON TX 77046
Voss Value-oriented Special Situations Fund, Lp	director	3773 RICHMOND AVENUE, SUITE 500, HOUSTON TX 77046