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Mueller Water Products, (STU:JT5) Days Payable : 41.99 (As of Mar. 2024)


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What is Mueller Water Products, Days Payable?

Mueller Water Products,'s average Accounts Payable for the three months ended in Mar. 2024 was €94 Mil. Mueller Water Products,'s Cost of Goods Sold for the three months ended in Mar. 2024 was €205 Mil. Hence, Mueller Water Products,'s Days Payable for the three months ended in Mar. 2024 was 41.99.

The historical rank and industry rank for Mueller Water Products,'s Days Payable or its related term are showing as below:

STU:JT5' s Days Payable Range Over the Past 10 Years
Min: 38.63   Med: 48.31   Max: 71.62
Current: 45

During the past 13 years, Mueller Water Products,'s highest Days Payable was 71.62. The lowest was 38.63. And the median was 48.31.

STU:JT5's Days Payable is ranked worse than
74.76% of 2936 companies
in the Industrial Products industry
Industry Median: 76.395 vs STU:JT5: 45.00

Mueller Water Products,'s Days Payable increased from Mar. 2023 (40.43) to Mar. 2024 (41.99). It may suggest that Mueller Water Products, delayed paying its suppliers.


Mueller Water Products, Days Payable Historical Data

The historical data trend for Mueller Water Products,'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.

* Premium members only.

Mueller Water Products, Days Payable Chart

Mueller Water Products, Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.82 45.28 38.62 41.38 47.91

Mueller Water Products, 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.43 41.48 43.35 57.41 41.99

Competitive Comparison of Mueller Water Products,'s Days Payable

For the Specialty Industrial Machinery subindustry, Mueller Water Products,'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.


Mueller Water Products,'s Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mueller Water Products,'s Days Payable distribution charts can be found below:

* The bar in red indicates where Mueller Water Products,'s Days Payable falls into.



Mueller Water Products, 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.

Mueller Water Products,'s Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

Days Payable (A: Sep. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2022 ) + Accounts Payable (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (124.028 + 96.417) / 2 ) / 839.739*365
=110.2225 / 839.739*365
=47.91

Mueller Water Products,'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
=( (99.861 + 88.964) / 2 ) / 205.16*365 / 4
=94.4125 / 205.16*365 / 4
=41.99

* 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.


Mueller Water Products, Days Payable Related Terms

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Mueller Water Products, (STU:JT5) Business Description

Traded in Other Exchanges
Address
1200 Abernathy Road N.E., Suite 1200, Atlanta, GA, USA, 30328
Mueller Water Products, Inc. is a U.S.-based company that manufactures and sells products and services used in the transmission, distribution, and measurement of water. The company operates in two segments Water Flow Solutions and Water Management Solutions. Water Flow Solutions' portfolio includes iron gate valves, specialty valves and service brass products. Water Management Solutions' portfolio includes fire hydrants, repair and installation, natural gas, metering, leak detection, and pressure management and control products and solutions. The company derives a majority of its revenue from the United states.

Mueller Water Products, (STU:JT5) Headlines

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