PGT Innovations (PGT Innovations) Days Payable : 17.10 (As of Dec. 2023)

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What is PGT Innovations Days Payable?

PGT Innovations's average Accounts Payable for the three months ended in Dec. 2023 was $41 Mil. PGT Innovations's Cost of Goods Sold for the three months ended in Dec. 2023 was $217 Mil. Hence, PGT Innovations's Days Payable for the three months ended in Dec. 2023 was 17.10.

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

PGTI' s Days Payable Range Over the Past 10 Years
Min: 7.89 Med: 11.07 Max: 16.85
Current: 16.85

During the past 13 years, PGT Innovations's highest Days Payable was 16.85. The lowest was 7.89. And the median was 11.07.

PGTI's Days Payable is not ranked
in the Construction industry.
Industry Median: 74.12 vs PGTI: 16.85

PGT Innovations's Days Payable declined from Dec. 2022 (18.15) to Dec. 2023 (17.10). It may suggest that PGT Innovations accelerated paying its suppliers.

PGT Innovations Days Payable Historical Data

The historical data trend for PGT Innovations'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.

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PGT Innovations Days Payable Chart

PGT Innovations Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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10.82

12.00

15.29

16.59

16.85

PGT Innovations 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															18.15	17.53	-	-	17.10

Competitive Comparison of PGT Innovations's Days Payable

For the Building Products & Equipment subindustry, PGT Innovations'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.

PGT Innovations's Days Payable Distribution in the Construction Industry

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

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

PGT Innovations 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.

PGT Innovations'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
=	( (43.727	+	40.63)	/	2 )	/	913.6	*	365
=	42.1785					/	913.6	*	365
=	16.85

PGT Innovations'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
=	( (0	+	40.63)	/	1 )	/	216.86	*	365 / 4
=	40.63					/	216.86	*	365 / 4
=	17.10

PGT Innovations Days Payable Related Terms

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PGT Innovations (PGT Innovations) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » PGT Innovations Inc (NYSE:PGTI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

P9I:Germany

Address

1070 Technology Drive, North Venice, FL, USA, 34275

Website

https://www.pgtinnovations.com

PGT Innovations Inc is a leading manufacturer of impact-resistant aluminum and vinyl-framed windows and doors and offers a broad range of fully customizable window and door products. The company distributes products through multiple channels, including window distributors, building supply distributors, window replacement dealers, and enclosure contractors. The products are sold through authorized dealers and distributor networks in the states of the Caribbean, Florida, Canada, and in South and Central America but the majority of its revenue is generated from Florida.

Executives

Rodney Hershberger	director	PGT INNOVATIONS, INC., 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275
Christopher J Stephens	director	123 MAIN STREET, BRISTOL CT 06010
Deborah L Lapinska	officer: See Remarks	PGT, INC., 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275
Craig Henderson	officer: INTERIM CFO	1070 TECHNOLOGY DR., NORTH VENICE FL 34275
Richard D Feintuch	director	PGT INNOVATIONS, INC., 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275
Robert Andrew Keller	officer: Sr. V.P. of Cust. Str & Innov.	1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275
Frances Powell Hawes	director	AMERICAN ELECTRIC TECHNOLOGIES, INC., 6410 LONG DRIVE, HOUSTON TX 77087
William J Morgan	director	123 MAIN STREET, BRISTOL CT 06011-0489
Sheree L Bargabos	director	1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275
Xavier Boza	director	ONE CAMPBELL PLACE, CAMDEN NJ 08103
Floyd F Sherman	director	BUILDERS FIRSTSOURCE INC., 2001 BRYAN STREET, SUITE 1600, DALLAS TX 75201
Alexander R Castaldi	director	BUILDERS FIRSTSOURCE INC., 2001 BRYAN STREET, SUITE 1600, DALLAS TX 75201
Brett N Milgrim	director	BUILDERS FIRSTSOURCE INC., 2001 BRYAN STREET, SUITE 1600, DALLAS TX 75201
Ryan S. Quinn	officer: Sr. V.P. and General Counsel	11115 RUSHMORE DR., CHARLOTTE NC 28277
Jeffrey T Jackson	director, officer: PRESIDENT AND CEO	PGT, INC., 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275