Louisiana-Pacific Corporation (LPX)
Payables turnover
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 1,988,000 | 2,066,000 | 2,172,000 | 2,292,000 | 2,356,000 | 2,308,000 | 2,201,000 | 2,073,000 | 2,064,000 | 1,690,000 | 1,680,000 | 1,627,000 | 1,566,000 | 1,878,000 | 1,903,000 | 1,982,000 | 2,006,000 | 2,034,000 | 2,030,000 | 2,070,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,988,000K ÷ $—K
= —
The payables turnover ratio for Louisiana-Pacific Corp. in Q4 2023 was 14.10, showing an increase from the ratio of 13.23 in Q4 2022. This indicates that the company is managing its accounts payable more effectively, taking fewer days to pay its suppliers on average in Q4 2023 compared to the same period in the previous year. However, since data is not available for the other quarters of 2023, a comprehensive trend analysis over the entire year cannot be conducted. It is important to monitor this ratio in the upcoming quarters to assess the company's ability to efficiently manage its accounts payable and its liquidity position.
Peer comparison
Dec 31, 2023