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Howden Joinery Group (LSE:HWDN) Days Payable : 90.65 (As of Dec. 2023)


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What is Howden Joinery Group Days Payable?

Howden Joinery Group's average Accounts Payable for the six months ended in Dec. 2023 was £271 Mil. Howden Joinery Group's Cost of Goods Sold for the six months ended in Dec. 2023 was £546 Mil. Hence, Howden Joinery Group's Days Payable for the six months ended in Dec. 2023 was 90.65.

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

LSE:HWDN' s Days Payable Range Over the Past 10 Years
Min: 58.05   Med: 69.78   Max: 98.11
Current: 98.11

During the past 13 years, Howden Joinery Group's highest Days Payable was 98.11. The lowest was 58.05. And the median was 69.78.

LSE:HWDN's Days Payable is ranked better than
69.46% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 66.98 vs LSE:HWDN: 98.11

Howden Joinery Group's Days Payable declined from Dec. 2022 (97.58) to Dec. 2023 (90.65). It may suggest that Howden Joinery Group accelerated paying its suppliers.


Howden Joinery Group Days Payable Historical Data

The historical data trend for Howden Joinery Group'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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Howden Joinery Group Days Payable Chart

Howden Joinery Group 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 58.65 76.07 77.06 74.04 73.24

Howden Joinery Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 65.16 154.08 97.58 140.57 90.65

Competitive Comparison of Howden Joinery Group's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Howden Joinery Group'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.


Howden Joinery Group's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Howden Joinery Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Howden Joinery Group's Days Payable falls into.



Howden Joinery Group 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.

Howden Joinery Group'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
=( (189.5 + 174.5) / 2 ) / 907*365
=182 / 907*365
=73.24

Howden Joinery Group'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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (367.4 + 174.5) / 2 ) / 545.5*365 / 2
=270.95 / 545.5*365 / 2
=90.65

* 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.


Howden Joinery Group Days Payable Related Terms

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Howden Joinery Group (LSE:HWDN) Business Description

Traded in Other Exchanges
Address
40 Portman Square, London, GBR, W1H 6LT
Howden Joinery Group PLC is a U.K.-based company that manufactures, sources, and sells kitchen and joinery products. The Group's operations are mainly located in the United Kingdom with a small presence in France, Belgium, and the Republic of Ireland. It generates the majority of its revenue from the U.K. The firm caters to small, local homebuilders. The company's products are divided among its kitchen collection, which includes kitchen accessories and cabinets; the appliance collection, which includes ovens, refrigeration, dishwashers, and laundry; the doors and joinery collection, which includes internal, external, and sliding doors and frames; the hardware collection, which includes door handles and accessories; the flooring collection; and the bathroom cabinet collection.

Howden Joinery Group (LSE:HWDN) Headlines

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