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Sprout Tiny Homes (Sprout Tiny Homes) Days Payable : 265.27 (As of Mar. 2023)


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What is Sprout Tiny Homes Days Payable?

Sprout Tiny Homes's average Accounts Payable for the three months ended in Mar. 2023 was $3.35 Mil. Sprout Tiny Homes's Cost of Goods Sold for the three months ended in Mar. 2023 was $1.15 Mil. Hence, Sprout Tiny Homes's Days Payable for the three months ended in Mar. 2023 was 265.27.

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

STHI's Days Payable is not ranked *
in the Homebuilding & Construction industry.
Industry Median: 40.65
* Ranked among companies with meaningful Days Payable only.

Sprout Tiny Homes's Days Payable increased from Mar. 2022 (0.00) to Mar. 2023 (265.27). It may suggest that Sprout Tiny Homes delayed paying its suppliers.

Sprout Tiny Homes Days Payable Historical Data

The historical data trend for Sprout Tiny Homes'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.

Sprout Tiny Homes Days Payable Chart

Sprout Tiny Homes Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,355.02 - - - -

Sprout Tiny Homes Quarterly Data
Dec06 Mar07 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 - - - - 265.27

Competitive Comparison of Sprout Tiny Homes's Days Payable

For the Residential Construction subindustry, Sprout Tiny Homes'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.

Sprout Tiny Homes's Days Payable Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Sprout Tiny Homes's Days Payable distribution charts can be found below:

* The bar in red indicates where Sprout Tiny Homes's Days Payable falls into.


Sprout Tiny Homes 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.

Sprout Tiny Homes's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0 + 0) / 1 ) / 7.839*365
=0 / 7.839*365
=0.00

Sprout Tiny Homes's Days Payable for the quarter that ended in Mar. 2023 is calculated as:

Days Payable (Q: Mar. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (0 + 3.346) / 1 ) / 1.151*365 / 4
=3.346 / 1.151*365 / 4
=265.27

* 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.

Sprout Tiny Homes Days Payable Related Terms

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Sprout Tiny Homes (Sprout Tiny Homes) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Sprout Tiny Homes Inc (OTCPK:STHI) » Definitions » Days Payable
Comparable Companies
DREM DHI LEN NVR PHM TSE:1928 TOL IBP LSE:TW. LSE:BKG TMHC LSE:BDEV TSE:1911 LSE:PSN MTH KBH SKY MDC LSE:VTY LSE:BWY
Traded in Other Exchanges
N/A
Address
822 Hays Circle, Longmont, CO, USA, 80504
Website
https://www.sprouttinyhomes.com
Sprout Tiny Homes Inc is in the business of designing, developing, and manufacturing the highest quality affordable housing for individual purchases or tiny/eco-home real estate developments. The company is also engaged in developing its real estate development projects for sustainable living communities. It provides consulting and custom design services to customers that engage the company to build homes.
Executives
J2 Family Lp director, 10 percent owner, officer: CEO 1507 CAPITAL AVENUE 101, PLANO TX 75074
John Edward Rea director, 10 percent owner, officer: CEO
Jaavbr Lp director, 10 percent owner, officer: COO 1507 CAPITAL AVENUE 101, PLANO TX 75074
Bruce Arthur Hall officer: CFO 836 BLUE JAY LANE, COPPELL TX 75019
J Kenneth Dunn director 13760 NOEL ROAD, SUITE 800, DALLAS TX 75229
John N Brobjorg officer: Corporate Controller 1467 LEMAY, SUITE 111, CARROLLTON TX 75007
Rea Brothers Ltd 10 percent owner PO BOX 770, ADDISON TX 77001-0770
Rea Capital Corp 10 percent owner PO BOX 770, ADDISON TX 75001-0770
Marketplace Crafters 10 percent owner PO BOX 770, ADDISON TX 77001-0770
Michael A Jenkins director 1221 RIVERBEND DRIVE SUITE 120, DALLAS TX 75247
Paul S Johnson director 10254 CARRYBACK CIRCLE, DALLAS TX 75229
Edward P Rea director, 10 percent owner
James A Rea director, 10 percent owner, officer: COO 644 QUAIL LANE, COPPELL TX 75019
James A Estill 10 percent owner C/O SYNNEX CORPORATION, 44201 NOBEL DRIVE, FREMONT CA 94538
Kevin L Dahlberg officer: SVP-Finance 7031 INWOOD ROAD, DALLAS TX 75209