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MasTec Inc (NYSE:MTZ)
Days Payable
35.35 (As of Sep. 2015)

MasTec Inc's payable for the three months ended in Sep. 2015 was $377 Mil. MasTec Inc's cost of goods sold for the three months ended in Sep. 2015 was $973 Mil. Hence, MasTec Inc's days payable for the three months ended in Sep. 2015 was 35.35.

MTZ' s Days Payable Range Over the Past 10 Years
Min: 39.18   Max: 59.56
Current: 35.56

39.18
59.56

During the past 13 years, MasTec Inc's highest Days Payable was 59.56. The lowest was 39.18. And the median was 45.14.

MTZ's Days Payable is ranked lower than
78% of the 723 Companies
in the Global Engineering & Construction industry.

( Industry Median: 79.43 vs. MTZ: 35.56 )

MasTec Inc's days payable declined from Sep. 2014 (39.16) to Sep. 2015 (35.35). 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. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=485.347/3977.963*365
=44.53

MasTec Inc's Days Payable for the quarter that ended in Sep. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=376.836/972.711*365 / 4
=35.35

* 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

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
DaysPayable 46.9047.1248.9259.5640.4639.1845.0645.2142.1244.53

MasTec Inc Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
DaysPayable 42.5240.1539.2847.7447.4239.1641.6640.5041.9135.35
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