HOFT (Hooker Furnishings) Days Payable : 21.70 (As of Apr. 2025)

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What is Hooker Furnishings Days Payable?

Hooker Furnishings's average Accounts Payable for the three months ended in Apr. 2025 was $15.8 Mil. Hooker Furnishings's Cost of Goods Sold for the three months ended in Apr. 2025 was $66.3 Mil. Hence, Hooker Furnishings's Days Payable for the three months ended in Apr. 2025 was 21.70.

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

HOFT' s Days Payable Range Over the Past 10 Years
Min: 17.15 Med: 22.49 Max: 26.01
Current: 22.64

During the past 13 years, Hooker Furnishings's highest Days Payable was 26.01. The lowest was 17.15. And the median was 22.49.

HOFT's Days Payable is ranked worse than
94.44% of 414 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 67.11 vs HOFT: 22.64

Hooker Furnishings's Days Payable increased from Apr. 2024 (21.53) to Apr. 2025 (21.70). It may suggest that Hooker Furnishings delayed paying its suppliers.

Hooker Furnishings Days Payable Historical Data

The historical data trend for Hooker Furnishings'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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Hooker Furnishings Days Payable Chart

Hooker Furnishings Annual Data

Trend

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Jan25

Days Payable

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24.64

23.42

17.51

18.31

21.55

Hooker Furnishings Quarterly Data
	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25	Apr25
Days Payable	Get a 7-Day Free Trial															21.53	23.71	24.51	24.62	21.70

Competitive Comparison of Hooker Furnishings's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Hooker Furnishings'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.

Hooker Furnishings's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Hooker Furnishings's Days Payable falls into.

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Hooker Furnishings 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.

Hooker Furnishings's Days Payable for the fiscal year that ended in Jan. 2025 is calculated as

	Days Payable (A: Jan. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jan. 2024 )	+	Accounts Payable (A: Jan. 2025 ))	/	count )	/	Cost of Goods Sold (A: Jan. 2025 )	*	Days in Period
=	( (16.47	+	20.001)	/	2 )	/	308.817	*	365
=	18.2355					/	308.817	*	365
=	21.55

Hooker Furnishings's Days Payable for the quarter that ended in Apr. 2025 is calculated as:

	Days Payable (Q: Apr. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jan. 2025 )	+	Accounts Payable (Q: Apr. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Apr. 2025 )	*	Days in Period
=	( (20.001	+	11.534)	/	2 )	/	66.314	*	365 / 4
=	15.7675					/	66.314	*	365 / 4
=	21.70

Hooker Furnishings Days Payable Related Terms

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Hooker Furnishings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Hooker Furnishings Corp (NAS:HOFT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

440 East Commonwealth Boulevard, Martinsville, VA, USA, 24112

Website

https://www.hookerfurnishings.com

Hooker Furnishings Corp is a designer, marketer and importer of casegoods (wooden and metal furniture), leather furniture, fabric-upholstered furniture, lighting, accessories, and home decor for the residential, hospitality and contract markets. It is also domestically manufactured premium residential custom leather, custom fabric-upholstered furniture, and outdoor furniture. The company operates in four segment Hooker Branded segment, Home Meridian segment, Domestic Upholstery segment and All Other.

Executives

Paulette Garafalo	director	HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BOULEVARD, MARTINSVILLE VA 24112
Tonya Harris Jackson	director	HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BOULEVARD, MARTINSVILLE VA 24112
Christopher L Henson	director	214 N TRYON STREET, CHARLOTTE NC 28202
Maria C Duey	director	440 COMMONWEALTH BLVD E, MARTINSVILLE VA 24112
Anne Jacobsen	officer: Senior Vice President	HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BLVD., MARTINSVILLE VA 24112
Paul A Huckfeldt	officer: Chief Financial Officer	HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BLVD, MARTINSVILLE VA 24112
Beeler W Christopher Jr	director	C/O HOOKER FURNITURE CORP, P O BOX 4708, MARTINSVILLE VA 24115
Tod R Phelps	officer: Sr. VP - Operations	PO BOX 4708, MARTINSVILLE VA 24115
Toms Paul B Jr	director, officer: Chief Executive Officer	HOOKER FURNITURE CORP, 440 E COMMONWEALTH BLVD, MARTINSVILLE VA 24112
Donald Lee Boone	officer: Co-President HMI	HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BOULEVARD, MARTINSVILLE VA 24112
Douglas Townsend	officer: Co-President HMI	HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BOULEVARDM, MARTINSVILLE VA 24112
Williamson Henry G Jr	director	HOOKER FURNITURE CORPORATION, POB 4708, MARTINSVILLE VA 24112
E Larry Ryder	director	C/O HOOKER FURNITURE CORP, P O BOX 4708, MARTINSVILLE VA 24115
Michael W Delgatti	officer: President	HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BLVD., MARTINSVILLE VA 24112
Jeremy R Hoff	officer: President	HOOKER FURNITURE CORPORATION, 440 E. COMMONWEALTH BOULEVARD, MARTINSVILLE VA 24112