Aecon Group (Aecon Group) Days Payable : 92.28 (As of Mar. 2024)

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What is Aecon Group Days Payable?

Aecon Group's average Accounts Payable for the three months ended in Mar. 2024 was $586 Mil. Aecon Group's Cost of Goods Sold for the three months ended in Mar. 2024 was $579 Mil. Hence, Aecon Group's Days Payable for the three months ended in Mar. 2024 was 92.28.

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

AEGXF' s Days Payable Range Over the Past 10 Years
Min: 60.14 Med: 72.67 Max: 82.54
Current: 77.74

During the past 13 years, Aecon Group's highest Days Payable was 82.54. The lowest was 60.14. And the median was 72.67.

AEGXF's Days Payable is ranked better than
52.21% of 1603 companies
in the Construction industry
Industry Median: 74.1 vs AEGXF: 77.74

Aecon Group's Days Payable increased from Mar. 2023 (78.88) to Mar. 2024 (92.28). It may suggest that Aecon Group delayed paying its suppliers.

Aecon Group Days Payable Historical Data

The historical data trend for Aecon 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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Aecon Group Days Payable Chart

Aecon Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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76.28

81.50

79.87

73.10

71.73

Aecon Group 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															78.88	73.55	74.49	80.16	92.28

Competitive Comparison of Aecon Group's Days Payable

For the Engineering & Construction subindustry, Aecon 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.

Aecon Group's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Aecon Group's Days Payable distribution charts can be found below:

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

Aecon 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.

Aecon 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
=	( (663.861	+	621.65)	/	2 )	/	3270.883	*	365
=	642.7555					/	3270.883	*	365
=	71.73

Aecon Group'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
=	( (621.65	+	549.488)	/	2 )	/	579.053	*	365 / 4
=	585.569					/	579.053	*	365 / 4
=	92.28

Aecon Group Days Payable Related Terms

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Aecon Group (Aecon Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Aecon Group Inc (OTCPK:AEGXF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

2AE:Germany ARE:Canada

Address

20 Carlson Court, Suite 105, Toronto, ON, CAN, M9W 7K6

Website

https://www.aecon.com

Aecon Group Inc is a Canada-based company that operates in two segments: Construction and Concessions. The Construction segment includes various aspects of the construction of public and private infrastructure projects, mainly in the transportation sector. Its concessions segment is engaged in the development, financing, construction, and operation of infrastructure projects. The company generates the majority of its revenue from the Construction segment.

Aecon Group (Aecon Group) Headlines

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