Tutor Perini (FRA:PE2) Days Payable : 74.04 (As of Mar. 2024)

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What is Tutor Perini Days Payable?

Tutor Perini's average Accounts Payable for the three months ended in Mar. 2024 was €697 Mil. Tutor Perini's Cost of Goods Sold for the three months ended in Mar. 2024 was €859 Mil. Hence, Tutor Perini's Days Payable for the three months ended in Mar. 2024 was 74.04.

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

FRA:PE2' s Days Payable Range Over the Past 10 Years
Min: 69.4 Med: 76.95 Max: 82.95
Current: 70.3

During the past 13 years, Tutor Perini's highest Days Payable was 82.95. The lowest was 69.40. And the median was 76.95.

FRA:PE2's Days Payable is ranked worse than
53.46% of 1605 companies
in the Construction industry
Industry Median: 74.58 vs FRA:PE2: 70.30

Tutor Perini's Days Payable declined from Mar. 2023 (83.66) to Mar. 2024 (74.04). It may suggest that Tutor Perini accelerated paying its suppliers.

Tutor Perini Days Payable Historical Data

The historical data trend for Tutor Perini'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.

Tutor Perini Days Payable Chart

Tutor Perini Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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75.84

80.56

79.19

71.53

70.93

Tutor Perini 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															83.66	68.68	67.03	69.76	74.04

Competitive Comparison of Tutor Perini's Days Payable

For the Engineering & Construction subindustry, Tutor Perini'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.

Tutor Perini's Days Payable Distribution in the Construction Industry

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

* The bar in red indicates where Tutor Perini's Days Payable falls into.

Tutor Perini 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.

Tutor Perini'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
=	( (700.36	+	632.439)	/	2 )	/	3429.216	*	365
=	666.3995					/	3429.216	*	365
=	70.93

Tutor Perini'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
=	( (632.439	+	761.687)	/	2 )	/	859.037	*	365 / 4
=	697.063					/	859.037	*	365 / 4
=	74.04

Tutor Perini Days Payable Related Terms

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Tutor Perini (FRA:PE2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Tutor Perini Corp (FRA:PE2) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TPC:USA

Address

15901 Olden Street, Sylmar, CA, USA, 91342

Website

https://www.tutorperini.com

Tutor Perini Corp offers general contracting, construction management, and design-build services to private and public customers. The company constructs and repairs transportation infrastructure, water-treatment facilities, and a wide range of buildings. It plans and schedules the manpower, equipment, materials, and subcontractors required for a project. Tutor Perini has three operating segments: civil, building, and specialty contractors and generates majority revenue from civil segment. The company offers self-performed construction services, including site work, concrete forming, steel erection, electrical, mechanical, and heating, ventilation, and air conditioning, or HVAC. The majority of its total revenue is derived from the United States.

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