Quanta Services (STU:QAA) Days Payable : 40.05 (As of Mar. 2024)

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What is Quanta Services Days Payable?

Quanta Services's average Accounts Payable for the three months ended in Mar. 2024 was €1,780 Mil. Quanta Services's Cost of Goods Sold for the three months ended in Mar. 2024 was €4,056 Mil. Hence, Quanta Services's Days Payable for the three months ended in Mar. 2024 was 40.05.

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

STU:QAA' s Days Payable Range Over the Past 10 Years
Min: 24.69 Med: 27.26 Max: 35.12
Current: 35.12

During the past 13 years, Quanta Services's highest Days Payable was 35.12. The lowest was 24.69. And the median was 27.26.

STU:QAA's Days Payable is ranked worse than
83.86% of 1605 companies
in the Construction industry
Industry Median: 73.78 vs STU:QAA: 35.12

Quanta Services's Days Payable increased from Mar. 2023 (31.67) to Mar. 2024 (40.05). It may suggest that Quanta Services delayed paying its suppliers.

Quanta Services Days Payable Historical Data

The historical data trend for Quanta Services'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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Quanta Services Days Payable Chart

Quanta Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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27.20

31.99

32.97

31.06

34.25

Quanta Services 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															31.67	32.17	34.78	37.13	40.05

Competitive Comparison of Quanta Services's Days Payable

For the Engineering & Construction subindustry, Quanta Services'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.

Quanta Services's Days Payable Distribution in the Construction Industry

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

* The bar in red indicates where Quanta Services's Days Payable falls into.

Quanta Services 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.

Quanta Services'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
=	( (1229.169	+	1859.298)	/	2 )	/	16455.675	*	365
=	1544.2335					/	16455.675	*	365
=	34.25

Quanta Services'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
=	( (1859.298	+	1700.677)	/	2 )	/	4055.659	*	365 / 4
=	1779.9875					/	4055.659	*	365 / 4
=	40.05

Quanta Services Days Payable Related Terms

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Quanta Services (STU:QAA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Quanta Services Inc (STU:QAA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PWR:USA Q1UA34:Brazil

Address

277 North Loop West, Houston, TX, USA, 77008

Website

https://www.quantaservices.com

Quanta Services is a leading provider of specialty contracting services, delivering comprehensive infrastructure solutions for the electric and gas utility, communications, pipeline, and energy industries in the United States, Canada, and Australia. Quanta reports its results under three reportable segments: electric power, renewables infrastructure, and underground utility and infrastructure. In 2021, the company acquired Blattner, a provider of comprehensive engineering, procurement, and construction solutions to customers in the renewable energy industry.

Quanta Services (STU:QAA) Headlines

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