Webco Industries (Webco Industries) Days Payable : 20.44 (As of Jul. 2023)

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What is Webco Industries Days Payable?

Webco Industries's average Accounts Payable for the six months ended in Jul. 2023 was $33.5 Mil. Webco Industries's Cost of Goods Sold for the six months ended in Jul. 2023 was $597.5 Mil. Hence, Webco Industries's Days Payable for the six months ended in Jul. 2023 was 10.22.

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

WEBC' s Days Payable Range Over the Past 10 Years
Min: 20.44 Med: 21.42 Max: 22.39
Current: 20.44

During the past 13 years, Webco Industries's highest Days Payable was 22.39. The lowest was 20.44. And the median was 21.42.

WEBC's Days Payable is ranked worse than
77.04% of 588 companies
in the Steel industry
Industry Median: 39.865 vs WEBC: 20.44

Webco Industries's Days Payable increased from Jul. 2017 (0.00) to Jul. 2023 (20.44). It may suggest that Webco Industries delayed paying its suppliers.

Webco Industries Days Payable Historical Data

The historical data trend for Webco Industries'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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Webco Industries Days Payable Chart

Webco Industries Annual Data

Trend

Jul05

Jul06

Jul12

Jul13

Jul14

Jul15

Jul16

Jul17

Jul18

Jul23

Days Payable

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20.44

Webco Industries Semi-Annual Data
	Jul95	Jul96	Jul97	Jul98	Jul99	Jul00	Jul01	Jul02	Jul03	Jul04	Jul05	Jul06	Jul12	Jul13	Jul14	Jul15	Jul16	Jul17	Jul18	Jul23
Days Payable	Get a 7-Day Free Trial															-	-	-	-	20.44

Competitive Comparison of Webco Industries's Days Payable

For the Steel subindustry, Webco Industries'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.

Webco Industries's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Webco Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Webco Industries's Days Payable falls into.

Webco Industries 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.

Webco Industries's Days Payable for the fiscal year that ended in Jul. 2023 is calculated as

	Days Payable (A: Jul. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jul. 2018 )	+	Accounts Payable (A: Jul. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jul. 2023 )	*	Days in Period
=	( (0	+	33.463)	/	1 )	/	597.544	*	365
=	33.463					/	597.544	*	365
=	20.44

Webco Industries's Days Payable for the quarter that ended in Jul. 2023 is calculated as:

	Days Payable (Q: Jul. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jul. 2018 )	+	Accounts Payable (Q: Jul. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jul. 2023 )	*	Days in Period
=	( (0	+	33.463)	/	1 )	/	597.544	*	365 / 2
=	33.463					/	597.544	*	365 / 2
=	10.22

Webco Industries Days Payable Related Terms

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Webco Industries (Webco Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Webco Industries Inc (OTCPK:WEBC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

9101 West 21st Street S, P.O. Box 100, Sand Springs, OK, USA, 74063

Website

https://www.webcotube.com

Webco Industries Inc is a specialty manufacturer of high-quality carbon and stainless steel tubing products that are designed to industry and customer specifications. The company's products include Welded tubing; Cold drawn- Welded and Cold drawn- Seamless. Its value-added services include bending, custom mill length, end formed/swaged, finning, heat treating, packaging, precision cutting, product availability and responsiveness.

Executives

Dana Suzette Weber	director, 10 percent owner, officer: Pres and COO
F William Weber	director, 10 percent owner, officer: Chmn and CEO
Bradley Scott Vetal	director	10701 E UTE STREET, TULSA OK 74116
Jack D Mccarthy	director
David Edward Boyer	officer: Sr VP - Tubing Oper and Secy
Michael Paul Howard	officer: Sr VP - Fin and Adm / CFO
Kenneth Eugene Case	director
Christopher Lee Kowalski	director, officer: Pres of 100% owned sub