TopBuild (TopBuild) Days Payable : 47.18 (As of Dec. 2023)

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What is TopBuild Days Payable?

TopBuild's average Accounts Payable for the three months ended in Dec. 2023 was $463 Mil. TopBuild's Cost of Goods Sold for the three months ended in Dec. 2023 was $895 Mil. Hence, TopBuild's Days Payable for the three months ended in Dec. 2023 was 47.18.

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

BLD' s Days Payable Range Over the Past 10 Years
Min: 47.41 Med: 58.78 Max: 69.9
Current: 47.41

During the past 12 years, TopBuild's highest Days Payable was 69.90. The lowest was 47.41. And the median was 58.78.

BLD's Days Payable is ranked worse than
72.89% of 1601 companies
in the Construction industry
Industry Median: 73.84 vs BLD: 47.41

TopBuild's Days Payable declined from Dec. 2022 (51.19) to Dec. 2023 (47.18). It may suggest that TopBuild accelerated paying its suppliers.

TopBuild Days Payable Historical Data

The historical data trend for TopBuild'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.

TopBuild Days Payable Chart

TopBuild Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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58.35

59.21

57.66

49.18

48.62

TopBuild Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															51.19	47.82	46.85	46.58	47.18

Competitive Comparison of TopBuild's Days Payable

For the Engineering & Construction subindustry, TopBuild'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.

TopBuild's Days Payable Distribution in the Construction Industry

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

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

TopBuild 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.

TopBuild's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (487.114	+	469.585)	/	2 )	/	3590.874	*	365
=	478.3495					/	3590.874	*	365
=	48.62

TopBuild's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (455.84	+	469.585)	/	2 )	/	894.958	*	365 / 4
=	462.7125					/	894.958	*	365 / 4
=	47.18

TopBuild Days Payable Related Terms

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TopBuild (TopBuild) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » TopBuild Corp (NYSE:BLD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

28T:Germany

Address

475 North Williamson Boulevard, Daytona Beach, FL, USA, 32114

Website

https://www.topbuild.com

TopBuild Corp is an installer and distributor of insulation products. Its operating segments involve the Installation and Specialty Distribution segment. The installation segment provides insulation installation services nationwide through contractor services business. Speciality Distribution segment distributes building and mechanical insulation, insulation accessories and other building product materials for the residential, commercial, and industrial end markets. The majority of revenue is earned from the installation segment. Its main customers are contractors. Other products include gutters, after-paint, garage doors, fireplaces, and fireproofing and stopping. TopBuild operates primarily in the United States.

Executives

Robert M Buck	officer: President & COO	260 JIMMY ANN DRIVE, DAYTONA BEACH FL 32114
Luis Francisco Machado	officer: VP, Gen. Counsel, Corp Sec.	1142 W. BEARDSLEY AVENUE, ELKHART IN 46514
Steven P Raia	officer: President, TruTeam Operations	475 NORTH WILLIAMSON BLVD, DAYTONA BEACH FL 32114
Robert Jeffrey Franklin	officer: President, Service Partners	475 NORTH WILLIAMSON BLVD, DAYTONA BEACH FL 32114
Tina Donikowski	director	1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
Joey M Viselli	officer: Vice President and COO	475 NORTH WILLIAMSON BLVD, DAYTONA BEACH FL 32114
Deirdre Drake	director	8410 W. BRYN MAWR AVE, CHICAGO IL 60631
Carrie Gamble Wood	officer: Chief Accounting Officer	475 NORTH WILLIAMSON BLVD, DAYTONA BEACH FL 32114
John S. Peterson	officer: VP & CFO	260 JIMMY ANN DRIVE, DAYTONA BEACH FL 32114
Ernesto Iii Bautista	director	575 N DAIRY ASHFORD, SUITE 300, HOUSTON TX 77079
Carl T Camden	director	999 WEST BIG BEAVER ROAD, TROY MI 48084
Alec C Covington	director	C/O NASH FINCH COMPANY, 7600 FRANCE AVENUE SOUTH, MINNEAPOLIS MN 55435
Nancy M Taylor	director	TREDEGAR CORP, 1100 BOULDERS PARKWAY, RICHMOND VA 23219
Mark A Petrarca	director	A. O. SMITH CORPORATION, 11270 WEST PARK PLACE, MILWAUKEE WI 53224
Robert M Kuhns	officer: Vice President, Controller	C/O TOPBUILD CORP., 475 NORTH WILLIAMSON BLVD., DAYTONA BEACH FL 32114