Louisiana-Pacific Corporation (LPX)
Number of days of payables
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
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| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Louisiana-Pacific Corp. in Q4 2023 was 25.89 days, indicating the company takes approximately 26 days to pay its suppliers on average. This figure is slightly lower compared to the number of days of payables in Q4 2022, which was 27.59 days. A decrease in the number of days of payables suggests that the company is managing its accounts payable more efficiently, potentially generating cost savings or improving its relationships with suppliers. However, it is noted that data for Q3, Q2, and Q1 of 2023 are missing, limiting the ability to track trends during the year. Further analysis across multiple quarters would provide a more comprehensive understanding of Louisiana-Pacific Corp.'s payables management efficiency.
Peer comparison
Dec 31, 2023