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Jason Industries (Jason Industries) Days Payable : 46.86 (As of Jun. 2020)


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What is Jason Industries Days Payable?

Jason Industries's average Accounts Payable for the three months ended in Jun. 2020 was $25.27 Mil. Jason Industries's Cost of Goods Sold for the three months ended in Jun. 2020 was $49.20 Mil. Hence, Jason Industries's Days Payable for the three months ended in Jun. 2020 was 46.86.

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

JSSNP.PFD' s Days Payable Range Over the Past 10 Years
Min: 36.97   Med: 38.83   Max: 71.02
Current: 52.08

During the past 8 years, Jason Industries's highest Days Payable was 71.02. The lowest was 36.97. And the median was 38.83.

JSSNP.PFD's Days Payable is not ranked
in the Industrial Products industry.
Industry Median: 76.835 vs JSSNP.PFD: 52.08

Jason Industries's Days Payable increased from Jun. 2019 (41.98) to Jun. 2020 (46.86). It may suggest that Jason Industries delayed paying its suppliers.


Jason Industries Days Payable Historical Data

The historical data trend for Jason Industries'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.

Jason Industries Days Payable Chart

Jason Industries Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Days Payable
Get a 7-Day Free Trial 37.41 37.49 71.02 55.23 36.97

Jason Industries Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 41.98 49.18 95.70 36.83 46.86

Competitive Comparison of Jason Industries's Days Payable

For the Specialty Industrial Machinery subindustry, Jason Industries'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.


Jason Industries's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jason Industries's Days Payable distribution charts can be found below:

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



Jason Industries 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.

Jason Industries's Days Payable for the fiscal year that ended in Dec. 2019 is calculated as

Days Payable (A: Dec. 2019 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2018 ) + Accounts Payable (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (30.421 + 22.914) / 2 ) / 263.291*365
=26.6675 / 263.291*365
=36.97

Jason Industries's Days Payable for the quarter that ended in Jun. 2020 is calculated as:

Days Payable (Q: Jun. 2020 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2020 ) + Accounts Payable (Q: Jun. 2020 )) / count ) / Cost of Goods Sold (Q: Jun. 2020 )*Days in Period
=( (30.241 + 20.292) / 2 ) / 49.198*365 / 4
=25.2665 / 49.198*365 / 4
=46.86

* 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.


Jason Industries Days Payable Related Terms

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Jason Industries (Jason Industries) Business Description

Traded in Other Exchanges
N/A
Address
833 East Michigan Street, Suite 900, Milwaukee, WI, USA, 53202
Jason Industries Inc is an industrial manufacturing company. The company's operating segment includes Industrial; Engineered Components and Fiber Solutions. It generates maximum revenue from the Industrial segment. The company serves industries such as aerospace, automotive, construction, engineering, plastic, steel, hardware, welding, shipbuilding, industrial equipment, motorcycles, and lawn and turf care. Its industrial segment's product lines are comprised of industrial brushes, polishing buffs and compounds, abrasives, and roller technology products that are used in a broad range of industrial and infrastructure applications. Geographically, it derives a majority of revenue from the United States and also has a presence in Germany; Rest of Europe; Mexico and Other Countries.