GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Floor & Decor Holdings Inc (NYSE:FND) » Definitions » Days Payable

Floor & Decor Holdings (Floor & Decor Holdings) Days Payable : 104.32 (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Floor & Decor Holdings Days Payable?

Floor & Decor Holdings's average Accounts Payable for the three months ended in Dec. 2023 was $693 Mil. Floor & Decor Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $606 Mil. Hence, Floor & Decor Holdings's Days Payable for the three months ended in Dec. 2023 was 104.32.

The historical rank and industry rank for Floor & Decor Holdings's Days Payable or its related term are showing as below:

FND' s Days Payable Range Over the Past 10 Years
Min: 85.3   Med: 95.86   Max: 105.26
Current: 91.8

During the past 13 years, Floor & Decor Holdings's highest Days Payable was 105.26. The lowest was 85.30. And the median was 95.86.

FND's Days Payable is ranked better than
71.85% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.94 vs FND: 91.80

Floor & Decor Holdings's Days Payable increased from Dec. 2022 (91.90) to Dec. 2023 (104.32). It may suggest that Floor & Decor Holdings delayed paying its suppliers.


Floor & Decor Holdings Days Payable Historical Data

The historical data trend for Floor & Decor Holdings'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.

Floor & Decor Holdings Days Payable Chart

Floor & Decor Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 105.26 103.18 97.98 90.13 90.71

Floor & Decor Holdings 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 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 91.90 81.29 86.01 97.68 104.32

Competitive Comparison of Floor & Decor Holdings's Days Payable

For the Home Improvement Retail subindustry, Floor & Decor Holdings'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.


Floor & Decor Holdings's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Floor & Decor Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Floor & Decor Holdings's Days Payable falls into.



Floor & Decor Holdings 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.

Floor & Decor Holdings'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
=( (590.883 + 679.265) / 2 ) / 2555.536*365
=635.074 / 2555.536*365
=90.71

Floor & Decor Holdings'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
=( (706.325 + 679.265) / 2 ) / 605.979*365 / 4
=692.795 / 605.979*365 / 4
=104.32

* 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.


Floor & Decor Holdings Days Payable Related Terms

Thank you for viewing the detailed overview of Floor & Decor Holdings's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Floor & Decor Holdings (Floor & Decor Holdings) Business Description

Traded in Other Exchanges
Address
2500 Windy Ridge Parkway SE, Atlanta, GA, USA, 30339
Floor & Decor Holdings Inc operates as a specialty retailer in the hard surface flooring market. Its stores offer a range of tile, wood, laminate, and natural stone flooring products, as well as decorative and installation accessories at everyday low prices. It appeals to a variety of customers including professional installers, commercial businesses, Do It Yourself (DIY) customers, and customers who buy the products for professional installation. Geographically, the group has a presence in the US region and also offers its product through an e-commerce site.
Executives
David Victor Christopherson officer: SVP & General Counsel 2233 LAKE PARK DRIVE, STE. 400, SMYRNA GA 30080
Thomas V Taylor director, officer: Chief Executive Officer 2233 LAKE PARK DRIVE, STE. 400, SMYRNA GA 30080
Steven Alan Denny officer: EVP, Store Operations C/O FLOOR & DECOR HOLDINGS, INC., 2500 WINDY RIDGE PARKWAY SE, ATLANTA GA 30339
Melissa Kersey director TRACTOR SUPPLY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Richard L Sullivan director 2233 LAKE PARK DRIVE, SMYRNA GA 30080
Bryan Langley officer: EVP & Chief Financial Officer C/O FLOOR & DECOR HOLDINGS, INC., 2500 WINDY RIDGE PARKWAY SE, ATLANTA GA 30339
Luke Olson officer: Chief Accounting Officer C/O FLOOR & DECOR HOLDINGS, INC., 2500 WINDY RIDGE PARKWAY SE, ATLANTA GA 30339
Ryan Marshall director 24311 WALDEN CENTER DR, STE 300, BONITA SPRINGS FL 34134
William T Giles director 123 S. FRONT STREET, DEPT. 8074, MEMPHIS TN 38103
Felicia D Thornton director 250 PARKCENTER BLVD PO BOX 20, BOISE ID 83726
Ersan Sayman officer: EVP - MERCHANDISING C/O FLOOR & DECOR HOLDINGS, INC., 2500 WINDY RIDGE PARKWAY SE, ATLANTA GA 30339
Peter Starrett director
Brian K Robbins officer: EVP-Supply Chain 2233 LAKE PARK DRIVE, SMYRNA GA 30080
Dwight Lamar James director C/O FLOOR & DECOR HOLDINGS, INC., 2500 WINDY RIDGE PARKWAY, SE, ATLANTA GA 30339
Norman Axelrod director