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MasTec's average Accounts Payable for the three months ended in Jun. 2024 was $980 Mil. MasTec's Cost of Goods Sold for the three months ended in Jun. 2024 was $2,540 Mil. Hence, MasTec's Days Payable for the three months ended in Jun. 2024 was 35.19.
The historical rank and industry rank for MasTec's Days Payable or its related term are showing as below:
During the past 13 years, MasTec's highest Days Payable was 41.76. The lowest was 23.56. And the median was 36.95.
MasTec's Days Payable increased from Jun. 2023 (34.08) to Jun. 2024 (35.19). It may suggest that MasTec delayed paying its suppliers.
The historical data trend for MasTec'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.
MasTec Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Days Payable | Get a 7-Day Free Trial | 36.22 | 38.30 | 33.10 | 37.68 | 40.45 |
MasTec Quarterly Data | ||||||||||||||||||||
Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | |
Days Payable | Get a 7-Day Free Trial | 34.08 | 34.24 | 38.48 | 42.33 | 35.19 |
For the Engineering & Construction subindustry, MasTec'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.
For the Construction industry and Industrials sector, MasTec's Days Payable distribution charts can be found below:
* The bar in red indicates where MasTec's Days Payable falls into.
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.
MasTec'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 |
= | ( (1109.867 | + | 1242.602) | / | 2 ) | / | 10613.762 | * | 365 |
= | 1176.2345 | / | 10613.762 | * | 365 | ||||
= | 40.45 |
MasTec's Days Payable for the quarter that ended in Jun. 2024 is calculated as:
Days Payable (Q: Jun. 2024 ) | |||||||||
= | Average Accounts Payable | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Accounts Payable (Q: Mar. 2024 ) | + | Accounts Payable (Q: Jun. 2024 )) | / | count ) | / | Cost of Goods Sold (Q: Jun. 2024 ) | * | Days in Period |
= | ( (965.308 | + | 993.982) | / | 2 ) | / | 2540.447 | * | 365 / 4 |
= | 979.645 | / | 2540.447 | * | 365 / 4 | ||||
= | 35.19 |
* 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.
Thank you for viewing the detailed overview of MasTec's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.
Robert E Apple | officer: Chief Operations Officer | 800 S DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134 |
C Robert Campbell | officer: EVP & CFO | 800 DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134 |
Ernst N Csiszar | director | 2600 S RIVER ROAD, DES PLAINES IL 60018 |
Javier Alberto Palomarez | director | 3405 PINNEY POINT DRIVE, FLOWER MOUND TX 75022 |
Paul Dimarco | officer: CFO | 800 S. DOUGLAS ROAD, SUITE 1200, CORAL GABLES FL 33134 |
Timothy Michael Love | officer: CAO | 8915 GEORGE WILLIAMS RD., KNOXVILLE TN 37923 |
Ava L Parker | director | 1469 HARRINGTON PARK DRIVE, JACKSONVILLE FL 32225 |
De Cardenas Alberto I | officer: Executive Vice President | 800 S DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES X1 33134 |
George Pita | officer: CFO | 3000 NW 107TH AVENUE, MIAMI FL 33172 |
Robert J Dwyer | director | 880 SOUTH OCEAN BOULEVARD, PALM BEACH FL 33480 |
Jose S Sorzano | director | AUSTIN GROUP INC, 5305 LEE HIGHWAY NORTH, ARLINGTON VA 22207 |
Julia L Johnson | director | NETCOMMUNICATIONS LLC, 614 GRAND HIGHWAY, CLAREMONT FL 34711 |
Jorge Mas | director, 10 percent owner | 800 DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134 |
Jose Ramon Mas | director, officer: EVP | 800 DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134 |
Daniel A Restrepo | director | C/O MASTEC, INC., 800 S. DOUGLAS RD., 12TH FLOOR, CORAL GABLES FL 33134 |
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