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Blue Bird (Blue Bird) Days Payable : 40.85 (As of Mar. 2024)


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What is Blue Bird Days Payable?

Blue Bird's average Accounts Payable for the three months ended in Mar. 2024 was $126 Mil. Blue Bird's Cost of Goods Sold for the three months ended in Mar. 2024 was $282 Mil. Hence, Blue Bird's Days Payable for the three months ended in Mar. 2024 was 40.85.

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

BLBD' s Days Payable Range Over the Past 10 Years
Min: 18.44   Med: 37.26   Max: 46.61
Current: 46.61

During the past 11 years, Blue Bird's highest Days Payable was 46.61. The lowest was 18.44. And the median was 37.26.

BLBD's Days Payable is ranked worse than
68.7% of 1262 companies
in the Vehicles & Parts industry
Industry Median: 66.61 vs BLBD: 46.61

Blue Bird's Days Payable declined from Mar. 2023 (45.15) to Mar. 2024 (40.85). It may suggest that Blue Bird accelerated paying its suppliers.


Blue Bird Days Payable Historical Data

The historical data trend for Blue Bird'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.

Blue Bird Days Payable Chart

Blue Bird Annual Data
Trend Dec14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.82 37.26 38.74 43.04 45.00

Blue Bird Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 45.15 50.08 49.30 45.08 40.85

Competitive Comparison of Blue Bird's Days Payable

For the Auto Manufacturers subindustry, Blue Bird'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.


Blue Bird's Days Payable Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Blue Bird's Days Payable falls into.



Blue Bird 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.

Blue Bird's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

Days Payable (A: Sep. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2022 ) + Accounts Payable (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (107.937 + 137.14) / 2 ) / 993.943*365
=122.5385 / 993.943*365
=45.00

Blue Bird's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (113.911 + 138.847) / 2 ) / 282.276*365 / 4
=126.379 / 282.276*365 / 4
=40.85

* 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.


Blue Bird Days Payable Related Terms

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


Blue Bird (Blue Bird) Business Description

Traded in Other Exchanges
Address
3920 Arkwright Road, 2nd Floor, Macon, GA, USA, 31210
Blue Bird Corp is an American bus manufacturing company. It has its operations in two segments. The Bus segment involves the design, engineering, manufacture and sales of school buses and extended warranties; and the Parts segment which includes the sales of replacement bus parts. It carries its operations in the United States, Canada, and the rest of the world. The majority of its sales are derived from the United States through its bus manufacturing business.
Executives
Phil Horlock director, officer: President and CEO C/O LOJACK CORPORATION, 40 PEQUOT WAY, CANTON MA 02021
Asp Bb Holdings Llc 10 percent owner 299 PARK AVENUE, 34TH FLOOR, NEW YORK NY 10171
Razvan Radulescu officer: Chief Financial Officer 3920 ARKWRIGHT ROAD, SUITE 200, MACON GA 31210
Julie A Fream director 3920 ARKWRIGHT RD #200, MACON GA 31210
Coliseum Capital Management, Llc director, 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Britton Smith officer: President 3920 ARKWRIGHT RD, SUITE 200, MACON GA 31210
Mark Blaufuss director C/O BLUE BIRD CORPORATION, 3920 ARKWRIGHT ROAD, SUITE 200, MACON GA 31210
Simon J Newman director 3920 ARKWRIGHT RD # 200, MACON GA 31210
Ted Scartz officer: SVP General Counsel 3920 ARKWRIGHT RD #200, MACON GA 31210
Matthew Stevenson officer: President 150 PEABODY PLACE, M.S. LEGL-0008, MEMPHIS TN 38103
Paul Yousif officer: See Remarks C/O BLUE BIRD CORPORATION, 402 BLUE BIRD BOULEVARD, FORT VALLEY GA 31030
Jared Sperling director C/O AMERICAN SECURITIES LLC, 299 PARK AVENUE, 34TH FLOOR, NEW YORK NY 10171
Mark Ashburn Terry officer: Chief Commercial Officer 402 BLUE BIRD BLVD, FORT VALLEY GA 31030
Jeffery L Taylor officer: Chief Financial Officer 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Jenkins Charles R Iii officer: Chief Operating Officer 217 SANSBURY TRAIL, WARNER ROBINS GA 31088