Centuri Holdings (Centuri Holdings) Days Payable : 20.49 (As of Mar. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Centuri Holdings Days Payable?

Centuri Holdings's average Accounts Payable for the three months ended in Mar. 2024 was $115.6 Mil. Centuri Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was $514.7 Mil. Hence, Centuri Holdings's Days Payable for the three months ended in Mar. 2024 was 20.49.

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

CTRI' s Days Payable Range Over the Past 10 Years
Min: 17.08 Med: 17.52 Max: 81.97
Current: 81.97

During the past 4 years, Centuri Holdings's highest Days Payable was 81.97. The lowest was 17.08. And the median was 17.52.

CTRI's Days Payable is ranked better than
61.38% of 492 companies
in the Utilities - Regulated industry
Industry Median: 66.43 vs CTRI: 81.97

Centuri Holdings's Days Payable increased from Dec. 2021 (0.00) to Mar. 2024 (20.49). It may suggest that Centuri Holdings delayed paying its suppliers.

Centuri Holdings Days Payable Historical Data

The historical data trend for Centuri Holdings'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.

Centuri Holdings Days Payable Chart

Centuri Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

17.52

17.08

18.15

Centuri Holdings Quarterly Data
	Dec20	Dec21	Dec22	Mar23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial			-	-	21.58	-	20.49

Competitive Comparison of Centuri Holdings's Days Payable

For the Utilities - Regulated Gas subindustry, Centuri Holdings'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.

Centuri Holdings's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Centuri Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Centuri Holdings's Days Payable falls into.

Centuri Holdings 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.

Centuri Holdings'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
=	( (144.571	+	116.583)	/	2 )	/	2625.834	*	365
=	130.577					/	2625.834	*	365
=	18.15

Centuri Holdings'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
=	( (116.583	+	114.613)	/	2 )	/	514.744	*	365 / 4
=	115.598					/	514.744	*	365 / 4
=	20.49

Centuri Holdings Days Payable Related Terms

Thank you for viewing the detailed overview of Centuri Holdings's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Centuri Holdings (Centuri Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Centuri Holdings Inc (NYSE:CTRI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

19820 North 7th Avenue, Suite 120, Phoenix, AZ, USA, 85027

Website

https://www.centuri.com

Centuri Holdings Inc is a pure-play North American utility infrastructure services company that partners with regulated utilities to maintain, upgrade and expand the energy network that powers millions of homes and businesses. Its service offerings primarily consist of the modernization of utility infrastructure through the maintenance, retrofitting and installation of electric and natural gas distribution networks to meet current and future demands while also preparing systems for the transition to clean energy sources. They operate under two primary lines of business which includes Gas Utility Services and Electric Utility Services it is also their two reportable segments as well.

Centuri Holdings (Centuri Holdings) Headlines

From GuruFocus

Centuri Announces Closing of Initial Public Offering

By Business Wire • 04-22-2024

Director Julie Dill Acquires 5,000 Shares of Centuri Holdings Inc (CTRI)

By GuruFocus Research • 04-22-2024

Director Karen Haller Acquires 12,000 Shares of Centuri Holdings Inc (CTRI)

By GuruFocus Research • 04-22-2024

Director Charles Patton Acquires 11,000 Shares of Centuri Holdings Inc (CTRI)

By GuruFocus Research • 04-22-2024