Armstrong Flooring (STU:2AS) Days Payable: 54.19 (As of Dec. 2021)

What is Armstrong Flooring Days Payable?

Armstrong Flooring STU:2AS 12 Days Payable is 54.19 as of Dec. 2021. GuruFocus rates STU:2AS with a GF Score™ of 12/100.

Armstrong Flooring's average Accounts Payable for the three months ended in Dec. 2021 was €75.8 Mil. Armstrong Flooring's Cost of Goods Sold for the three months ended in Dec. 2021 was €127.7 Mil. Hence, Armstrong Flooring's Days Payable for the three months ended in Dec. 2021 was 54.19.

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

STU:2AS's Days Payable is not ranked ^*
in the Construction industry.
Industry Median: 76.635
* Ranked among companies with meaningful Days Payable only.

Armstrong Flooring's Days Payable increased from Dec. 2020 (53.63) to Dec. 2021 (54.19). It may suggest that Armstrong Flooring delayed paying its suppliers.

Armstrong Flooring Days Payable Related Terms

Armstrong Flooring Days Payable Historical Data

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The historical data trend for Armstrong Flooring'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.

Armstrong Flooring Days Payable Chart

Armstrong Flooring Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Payable

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76.58

59.11

56.74

50.27

Armstrong Flooring Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Days Payable	Get a 7-Day Free Trial															53.63	56.21	51.65	49.98	54.19

STU:2AS vs AEHL, CARR, MAS: Days Payable Comparison

For the Building Products & Equipment subindustry, Armstrong Flooring'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.

Armstrong Flooring Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Armstrong Flooring's Days Payable distribution charts can be found below:

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

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Armstrong Flooring Inc STU:2AS

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Armstrong Flooring 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.

Armstrong Flooring's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

	Days Payable (A: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2020 )	+	Accounts Payable (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (64.527	+	75.845)	/	2 )	/	509.583	*	365
=	70.186					/	509.583	*	365
=	50.27

Armstrong Flooring's Days Payable for the quarter that ended in Dec. 2021 is calculated as:

	Days Payable (Q: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2021 )	+	Accounts Payable (Q: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2021 )	*	Days in Period
=	( (75.82	+	75.845)	/	2 )	/	127.705	*	365 / 4
=	75.8325					/	127.705	*	365 / 4
=	54.19

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 54.19 mean?

Armstrong Flooring (STU:2AS) has a Days Payable of 54.19 as of Dec. 2021. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Armstrong Flooring and its competitors.

Is Armstrong Flooring's Days Payable too high?

Armstrong Flooring's current Days Payable is 54.19. The Construction industry median Days Payable is 76.64. Armstrong Flooring's value of 54.19 is 29.3% below this industry median. Overall, Armstrong Flooring has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.

How does Armstrong Flooring's Days Payable compare to AEHL and CARR?

Armstrong Flooring's Days Payable of 54.19 can be compared against companies in the Construction industry. The industry median Days Payable is 76.64. Armstrong Flooring's value of 54.19 is 29.3% below this benchmark. 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 Construction company?

The median Days Payable among Construction companies is 76.64, based on 1,708 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. Armstrong Flooring's current Days Payable of 54.19 is 29.3% 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 Armstrong Flooring and its competitors. For the Construction industry, the median Days Payable is 76.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Armstrong Flooring's current Days Payable is 54.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Armstrong Flooring stock overvalued right now?

Armstrong Flooring (STU:2AS) has a current Days Payable of 54.19. The current Days Payable is 54.19 and 29.3% below the Construction industry median of 76.64. Armstrong Flooring's overall GF Score™ is 12/100. 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 Armstrong Flooring (STU:2AS), the current Days Payable is 54.19 as of Dec. 2021. 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.

Armstrong Flooring Business Description

Industry Industrials Construction

Comparable Companies AEHL TSE:6367 CARR XPAR:SGO XSWX:GEBN OSTO:NIBE B SZSE:002271 DUB:KRX MAS CSL HKSE:06865 BLDR HKSE:00868 WMS OC SZSE:000786 TREX OCSE:ROCK A TSE:5938 LPX

Address 1770 Hempstead Road, Lancaster, PA, USA, 17605

Website https://www.armstrongflooring.com

Armstrong Flooring Inc designs, manufactures, sources, and sells resilient and wood flooring products, which are primarily used for construction and renovation of residential, commercial, and institutional buildings. It operates through two segments namely Resilient Flooring and Wood Flooring. The Resilient Flooring provides a range of floor coverings for homes and commercial buildings under the Armstrong brand and the Wood Flooring segment provides hardwood flooring products under the Armstrong and Bruce brand names. Geographically, the group operates its business in the United States and also has its presence internationally, of which a majority of the revenue is derived from the United States.

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