Latham (James) (LSE:LTHM) Days Payable: 46.18 (As of Mar. 2026) — 25% Above Median

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LSE:LTHM Latham (James) PLC LSE:LTHM
75 GF Score
Price £10.65
GF Value £11.91
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Latham (James) Days Payable?

Latham (James) LSE:LTHM -0.47% 75 Days Payable is 46.18 as of Mar. 2026, which is 25% above its 10-year median of 36.92. GuruFocus rates LSE:LTHM with a GF Score™ of 75/100 and a GF Value™ of £11.91 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 276 Forest Products companies, Latham (James) ranks worse than 69.93% on this metric.

Latham (James)'s average Accounts Payable for the six months ended in Mar. 2026 was £41.3 Mil. Latham (James)'s Cost of Goods Sold for the six months ended in Mar. 2026 was £163.3 Mil. Hence, Latham (James)'s Days Payable for the six months ended in Mar. 2026 was 46.18.

The historical rank and industry rank for Latham (James)'s Days Payable or its related term are showing as below:

LSE:LTHM' s Days Payable Range Over the Past 10 Years
Min: 25.16   Med: 36.92   Max: 42.14
Current: 38.37

During the past 13 years, Latham (James)'s highest Days Payable was 42.14. The lowest was 25.16. And the median was 36.92.

LSE:LTHM's Days Payable is ranked worse than
69.93% of 276 companies
in the Forest Products industry
Industry Median: 56.48 vs LSE:LTHM: 38.37

Latham (James)'s Days Payable increased from Mar. 2025 (35.98) to Mar. 2026 (46.18). It may suggest that Latham (James) delayed paying its suppliers.


Latham (James) Days Payable Historical Data

* Premium members only.

The historical data trend for Latham (James)'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.

Latham (James) Days Payable Chart

Latham (James) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.16 42.14 37.34 25.16 36.30

Latham (James) Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 35.25 34.50 35.98 32.70 46.18

LSE:LTHM vs SSD, UFPI, BCC: Days Payable Comparison

For the Lumber & Wood Production subindustry, Latham (James)'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.


Latham (James) Days Payable vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Latham (James)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Latham (James)'s Days Payable falls into.


LSE:LTHM
75GF Score
Latham (James) PLC LSE:LTHM
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Latham (James) 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.

Latham (James)'s Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (20.853 + 44.432) / 2 ) / 328.191*365
=32.6425 / 328.191*365
=36.30

Latham (James)'s Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (38.228 + 44.432) / 2 ) / 163.335*365 / 2
=41.33 / 163.335*365 / 2
=46.18

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 46.18 mean?
Latham (James) (LSE:LTHM) has a Days Payable of 46.18 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Latham (James) and its competitors. This is 25% above median its historical median of 36.92. Over the past decade, Latham (James)'s Days Payable has ranged from 25.16 to 42.14. According to the industry distribution chart, Latham (James) ranks #193 out of 276 companies in the Forest Products industry, placing it in the top 69.9%.
Is Latham (James)'s Days Payable too high?
Latham (James)'s current Days Payable of 46.18 is 25% above median its 10-year median of 36.92. Over the past 10 years, this metric has ranged from a low of 25.16 to a high of 42.14. The Forest Products industry median Days Payable is 56.48. Latham (James)'s value of 46.18 is 18.2% below this industry median. Based on the distribution chart, Latham (James) ranks #193 out of 276 companies in the Forest Products industry, which is below the industry midpoint. Overall, Latham (James) has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Latham (James)'s Days Payable compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Latham (James) ranks #193 out of 276 companies for Days Payable. This places Latham (James) in the lower half of its industry. The industry median Days Payable is 56.48. Latham (James)'s value of 46.18 is 18.2% below this benchmark. Historically, Latham (James)'s own Days Payable has ranged from 25.16 to 42.14 over the past decade. While the company's 10-year median is 36.92 vs. the industry median of 56.48, Latham (James) has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Forest Products company?
The median Days Payable among Forest Products companies is 56.48, based on 276 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Latham (James)'s current Days Payable of 46.18 is 18.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Latham (James) and its competitors. For the Forest Products industry, the median Days Payable is 56.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Latham (James)'s current Days Payable is 46.18, which is 25% above median its own 10-year median of 36.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Latham (James) stock overvalued right now?
Based on GuruFocus' analysis, Latham (James) (LSE:LTHM) is currently considered Modestly Undervalued. The stock's GF Value™ is £11.91, compared to a current price of £10.65 — trading 10.6% below its estimated fair value. The current Days Payable is 46.18, which is 25% above median its 10-year median of 36.92 and 18.2% below the Forest Products industry median of 56.48. Latham (James)'s overall GF Score™ is 75/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Latham (James) (LSE:LTHM), the current Days Payable is 46.18 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Latham (James) (LSE:LTHM) Overvalued in 2026?

Based on GuruFocus' analysis, Latham (James) stock appears to be undervalued. The current stock price of £10.65 is trading 10.6% below its estimated GF Value™ of £11.91. GuruFocus considers Latham (James) to be Modestly Undervalued.

Key valuation signals for LSE:LTHM:

  • Days Payable: 46.18 (25% above median its 10-year median of 36.92)
  • GF Value™: £11.91 vs. price of £10.65 (10.6% below fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 18.2% below the Forest Products median (#193 of 276)

No single metric tells the full story. See the LSE:LTHM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Latham (James) Business Description

Address Breakspear Way, Unit C2 Breakspear Park, Hemel Hempstead, Hertfordshire, GBR, HP2 4TZ
Latham (James) PLC is an importer and distributor of wood-based sheet materials, joinery quality softwood, and hardwood and hardwood flooring. The firm's only operating segment is timber importing and distribution. Geographically, the company derives the maximum of its revenue from the United Kingdom and has a presence in the Republic of Ireland, and the Rest of Europe. The company's products include Panels, Melamine, Veneered, Laminates, Solid Surface, Door Blanks, and others.
75GF Score

Get the complete analysis for LSE:LTHM

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£10.65
Price
£11.91
GF Value