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MasTec Inc (NYSE:MTZ)
Days Payable
37.67 (As of Jun. 2016)

MasTec Inc's payable for the three months ended in Jun. 2016 was $441 Mil. MasTec Inc's cost of goods sold for the three months ended in Jun. 2016 was $1,068 Mil. Hence, MasTec Inc's days payable for the three months ended in Jun. 2016 was 37.67.

MTZ' s Days Payable Range Over the Past 10 Years
Min: 34.19   Max: 59.56
Current: 41.9

34.19
59.56

During the past 13 years, MasTec Inc's highest Days Payable was 59.56. The lowest was 34.19. And the median was 44.80.

MTZ's Days Payable is ranked lower than
70% of the 636 Companies
in the Global Engineering & Construction industry.

( Industry Median: 77.14 vs. MTZ: 41.90 )

MasTec Inc's days payable declined from Jun. 2015 (41.91) to Jun. 2016 (37.67). It may suggest that MasTec Inc accelerated paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

MasTec Inc's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=348.543/3721.303*365
=34.19

MasTec Inc's Days Payable for the quarter that ended in Jun. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=440.972/1068.182*365 / 4
=37.67

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

MasTec Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 47.1248.9259.5640.4639.1845.0645.2142.1244.5334.19

MasTec Inc Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 47.7447.4239.1641.6640.5041.9135.3534.7137.4737.67
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