UNIR (Uniroyal Global Engineered Products) Days Payable: 53.31 (As of Mar. 2022)


UNIR Uniroyal Global Engineered Products Inc UNIR
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What is Uniroyal Global Engineered Products Days Payable?

Uniroyal Global Engineered Products UNIR 12 Days Payable is 53.31 as of Mar. 2022. GuruFocus rates UNIR with a GF Score™ of 12/100.

Uniroyal Global Engineered Products's average Accounts Payable for the three months ended in Mar. 2022 was $10.17 Mil. Uniroyal Global Engineered Products's Cost of Goods Sold for the three months ended in Mar. 2022 was $17.41 Mil. Hence, Uniroyal Global Engineered Products's Days Payable for the three months ended in Mar. 2022 was 53.31.

The historical rank and industry rank for Uniroyal Global Engineered Products's Days Payable or its related term are showing as below:

UNIR's Days Payable is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 54.045
* Ranked among companies with meaningful Days Payable only.

Uniroyal Global Engineered Products's Days Payable increased from Mar. 2021 (38.57) to Mar. 2022 (53.31). It may suggest that Uniroyal Global Engineered Products delayed paying its suppliers.

Uniroyal Global Engineered Products Days Payable Related Terms

Uniroyal Global Engineered Products Days Payable Historical Data

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The historical data trend for Uniroyal Global Engineered Products'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.

Uniroyal Global Engineered Products Days Payable Chart

Uniroyal Global Engineered Products Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.49 43.50 44.48 57.69 47.39

Uniroyal Global Engineered Products Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 38.57 44.67 46.75 54.94 53.31

UNIR vs AIN: Days Payable Comparison

For the Textile Manufacturing subindustry, Uniroyal Global Engineered Products'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.

Uniroyal Global Engineered Products Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Uniroyal Global Engineered Products's Days Payable distribution charts can be found below:

* The bar in red indicates where Uniroyal Global Engineered Products's Days Payable falls into.


UNIR
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Uniroyal Global Engineered Products Inc UNIR
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Uniroyal Global Engineered Products 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.

Uniroyal Global Engineered Products'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
=( (7.345 + 8.959) / 2 ) / 62.787*365
=8.152 / 62.787*365
=47.39

Uniroyal Global Engineered Products's Days Payable for the quarter that ended in Mar. 2022 is calculated as:

Days Payable (Q: Mar. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2021 ) + Accounts Payable (Q: Mar. 2022 )) / count ) / Cost of Goods Sold (Q: Mar. 2022 )*Days in Period
=( (8.959 + 11.38) / 2 ) / 17.406*365 / 4
=10.1695 / 17.406*365 / 4
=53.31

* 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 53.31 mean?
Uniroyal Global Engineered Products (UNIR) has a Days Payable of 53.31 as of Mar. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Uniroyal Global Engineered Products and its competitors.
Is Uniroyal Global Engineered Products' Days Payable too high?
Uniroyal Global Engineered Products' current Days Payable is 53.31. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.05. Uniroyal Global Engineered Products' value of 53.31 is 1.4% below this industry median. Overall, Uniroyal Global Engineered Products has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Uniroyal Global Engineered Products' Days Payable compare to AIN?
Uniroyal Global Engineered Products' Days Payable of 53.31 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Days Payable is 54.05. Uniroyal Global Engineered Products' value of 53.31 is 1.4% 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 Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.05, based on 1,018 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. Uniroyal Global Engineered Products's current Days Payable of 53.31 is 1.4% 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 Uniroyal Global Engineered Products and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Uniroyal Global Engineered Products's current Days Payable is 53.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Uniroyal Global Engineered Products stock overvalued right now?
Uniroyal Global Engineered Products (UNIR) has a current Days Payable of 53.31. The current Days Payable is 53.31 and 1.4% below the Manufacturing - Apparel & Accessories industry median of 54.05. Uniroyal Global Engineered Products' 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 Uniroyal Global Engineered Products (UNIR), the current Days Payable is 53.31 as of Mar. 2022. 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.

Uniroyal Global Engineered Products Business Description

Address 1819 Main Street, Suite 1110, Sarasota, FL, USA, 34236
Uniroyal Global Engineered Products Inc manufactures vinyl coated fabric products from casting paper, knit fabric, PVC plastic resins, pigments and plasticizers. Its brand name includes Naugahyde, BeautyGard, Flameblocker, Spirit Millennium, Ambla, Amblon, Velbex, Plastolene, and Vynide. The company's products are used in automotive and non-automotive transportation, certain indoor/outdoor furniture, commercial and hospitality seating, healthcare facilities and athletic equipment for seating, door panels, head and arm rests, security shades and trim components, and sheeting used in medical, nuclear protection, personal protection, moisture barriers, pram and nursery, movie screen and decorative surface applications.
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