HNI (HNI) Days Payable : 45.47 (As of Dec. 2024)

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What is HNI Days Payable?

HNI's average Accounts Payable for the three months ended in Dec. 2024 was $190 Mil. HNI's Cost of Goods Sold for the three months ended in Dec. 2024 was $382 Mil. Hence, HNI's Days Payable for the three months ended in Dec. 2024 was 45.47.

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

HNI' s Days Payable Range Over the Past 10 Years
Min: 44.1 Med: 55.2 Max: 61.82
Current: 46.95

During the past 13 years, HNI's highest Days Payable was 61.82. The lowest was 44.10. And the median was 55.20.

HNI's Days Payable is ranked worse than
66.35% of 419 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 65.92 vs HNI: 46.95

HNI's Days Payable increased from Dec. 2023 (43.46) to Dec. 2024 (45.47). It may suggest that HNI delayed paying its suppliers.

HNI Days Payable Historical Data

The historical data trend for HNI'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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HNI Days Payable Chart

HNI Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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61.82

54.27

47.70

44.10

46.95

HNI 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															43.46	49.76	-	-	45.47

Competitive Comparison of HNI's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, HNI'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.

HNI's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, HNI's Days Payable distribution charts can be found below:

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

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HNI 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.

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

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (193.7	+	190.4)	/	2 )	/	1493	*	365
=	192.05					/	1493	*	365
=	46.95

HNI'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
=	( (0	+	190.4)	/	1 )	/	382.1	*	365 / 4
=	190.4					/	382.1	*	365 / 4
=	45.47

HNI Days Payable Related Terms

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

HNI Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » HNI Corp (NYSE:HNI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HO9:Germany

Address

600 East Second Street, P.O. Box 1109, Muscatine, IA, USA, 52761-0071

Website

https://www.hnicorp.com

HNI Corp is a provider of commercial furnishings and hearth products. Its two reportable segments are workplace furnishings and residential building products. The workplace furnishings segment includes furniture systems, seating, storage, tables, architectural products, ancillary products, and hospitality products. The residential building products segment includes various gas, wood, electric, and pellet-fueled fireplaces, inserts, stoves, facings, outdoor fire pits and fire tables, and accessories. The company's products are sold through independent dealers, distributors, eCommerce retailers, wholesalers, and retail outlets. A majority of the firm's revenue is generated from the Workplace furnishings segment. Geographically, it operates in the United States.

Executives

Larry B Porcellato	director	ICI PAINTS, 15885 SPRAGUE ROAD, CLEVELAND OH 44136
Vincent P Berger	officer: President, Hearth & Home Tech	7571 215TH STREET WEST, LAKEVILLE MN 55044
Miguel M Calado	director	3600 AMHERST, UNIVERSITY PARK, DALLAS TX 75225
Jeffrey D Lorenger	officer: VP, Gen. Counsel and Secretary	408 EAST SECOND STREET, PO BOX 1109, MUSCATINE IA 52761
Mary A Bell	director	312 BAY DRIVE SOUTH, BRADENTON BEACH FL 34217
Steven M Bradford	officer: Sr. VP, Gen. Counsel & Sec.	408 EAST SECOND STREET, MUSCATINE IA 52761
Marshall H Bridges	officer: VP and Chief Financial Officer	408 EAST SECOND STREET, MUSCATINE IA 52761
Donna D Meade	officer: VP, Member Relations	408 EAST SECOND STREET, MUSCATINE IA 52761
Michael J. Roch	officer: CCO, WP & Health, Kimball Intl	C/O KIMBALL INTERNATIONAL, INC., 1600 ROYAL STREET, JASPER IN 47546
Gregory A Meunier	officer: Ex VP GL Ops, Kimball Intl	1600 ROYAL ST, JASPER IN 47546
Kourtney L Smith	officer: COO, Kimball International	1600 ROYAL STREET, JASPER IN 47549
Patrick D Hallinan	director	FORTUNE BRANDS HOME & SECURITY, INC., 520 LAKE COOK ROAD, DEERFIELD IL 60015
Radhakrishna S Rao	officer: Chief Info and Digital Officer	600 EAST SECOND STREET, MUSCTAINE IA 52761
Ronald V Waters	director	75 EAST ELM STREET, CHICAGO IL 60611
Kurt A Tjaden	officer: SVP HNI; President HNI Intl	408 EAST SECOND STREET, MUSCATINE IA 52761