LCI Industries (LCI Industries) Days Payable : 25.80 (As of Dec. 2023)

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What is LCI Industries Days Payable?

LCI Industries's average Accounts Payable for the three months ended in Dec. 2023 was $191 Mil. LCI Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was $676 Mil. Hence, LCI Industries's Days Payable for the three months ended in Dec. 2023 was 25.80.

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

LCII' s Days Payable Range Over the Past 10 Years
Min: 11.73 Med: 16.2 Max: 24.86
Current: 21.32

During the past 13 years, LCI Industries's highest Days Payable was 24.86. The lowest was 11.73. And the median was 16.20.

LCII's Days Payable is ranked worse than
91.61% of 1263 companies
in the Vehicles & Parts industry
Industry Median: 65.94 vs LCII: 21.32

LCI Industries's Days Payable increased from Dec. 2022 (21.03) to Dec. 2023 (25.80). It may suggest that LCI Industries delayed paying its suppliers.

LCI Industries Days Payable Historical Data

The historical data trend for LCI 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.

LCI Industries Days Payable Chart

LCI Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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17.69

24.81

24.86

19.75

19.85

LCI Industries 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															21.03	18.16	20.19	23.26	25.80

Competitive Comparison of LCI Industries's Days Payable

For the Recreational Vehicles subindustry, LCI 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.

LCI Industries's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, LCI Industries's Days Payable distribution charts can be found below:

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

LCI 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.

LCI Industries'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
=	( (143.529	+	183.697)	/	2 )	/	3008.618	*	365
=	163.613					/	3008.618	*	365
=	19.85

LCI Industries'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
=	( (198.914	+	183.697)	/	2 )	/	676.493	*	365 / 4
=	191.3055					/	676.493	*	365 / 4
=	25.80

LCI Industries Days Payable Related Terms

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LCI Industries (LCI Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » LCI Industries Inc (NYSE:LCII) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0DI:Germany

Address

3501 County Road 6 East, Elkhart, IN, USA, 46514

Website

https://www.lci1.com

LCI Industries Inc supplies domestically and internationally components for the original equipment manufacturers of recreational vehicles and adjacent industries including buses; trailers used to haul boats, livestock, equipment and other cargo. It has two reportable segments the original equipment manufacturers segment and the aftermarket segment. The OEM Segment manufactures or distributes components for the OEMs of RVs and adjacent industries, including buses; trailers used to haul boats, livestock, equipment and other cargo; trucks; pontoon boats; trains; manufactured homes; and modular housing. Its products are sold primarily to major manufacturers of RVs such as Thor Industries, Forest River, Winnebago and other RV OEMs, and to manufacturers in adjacent industries.

Executives

Brendan Deely	director	USG CORPORATION, 125 SOUTH FRANKLIN STREET, CHICAGO IL 60606
Linda Kristine Myers	director	3556 LAKE SHORE ROAD, P.O. BOX 2028, BUFFALO NY 14219
Stephanie K. Mains	director	C/O GATES INDUSTRIAL CORPORATION PLC, 1144 FIFTEENTH STREET, SUITE 1400, DENVER CO 80202
Lillian Etzkorn	officer: EVP & CFO	1570 FOREST LANE, BLOOMFIELD HILLS MI 48301
Eileen S Pruitt	officer: Deputy CHRO	C/O LCI INDUSTRIES, 3501 COUNTRY ROAD 6 EAST, ELKHART IN 46514
Nick C Fletcher	officer: CHIEF HUMAN RESOURCES OFFICER	3305 HIDDEN SPRINGS LANE, PROSPECT KY 40059
James Gero	director	C/O ORTHOFIX INTERNATIONAL, 3451 PLANO PARKWAY, LEWISVILLE TX 75056
Kieran M O'sullivan	director	2375 CABOT DRIVE, LISLE IL 60532
Jamie Schnur	officer: Chief Administrative Officer	C/O LIPPERT COMPONENTS, 2703 COLLEGE AVENUE, GOSHEN IN 46526
Jason Lippert	director, officer: Chief Executive Officer	C/O LIPPERT COMPONENTS INC, 2375 TAMIAMI TRAIL NORTH STE 11, NAPLES FL 34103
Ryan Richard Smith	officer: Group President - N.A.	C/O LCI INDUSTRIES, 3501 COUNTY ROAD 6 EAST, ELKHART IN 46514
David A Reed	director	TEXAS INDUSTRIES INC, 1341 W MOCKINGBIRD LN, DALLAS TX 75247
Ronald Fenech	director	419 WEST PIKE STREET, JACKSON CENTER OH 45334
John A. Sirpilla	director	C/O LCI INDUSTRIES, 3501, ELKHART IN 46514
Scott T Mereness	officer: President	C/O LIPPERT COMPONENTS, INC., 2766 COLLEGE AVENUE, GOSHEN IN 46528