MasTec (MasTec) Days Payable : 38.48 (As of Dec. 2023)

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What is MasTec Days Payable?

MasTec's average Accounts Payable for the three months ended in Dec. 2023 was $1,228 Mil. MasTec's Cost of Goods Sold for the three months ended in Dec. 2023 was $2,912 Mil. Hence, MasTec's Days Payable for the three months ended in Dec. 2023 was 38.48.

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

MTZ' s Days Payable Range Over the Past 10 Years
Min: 23.56 Med: 36.95 Max: 41.76
Current: 37.29

During the past 13 years, MasTec's highest Days Payable was 41.76. The lowest was 23.56. And the median was 36.95.

MTZ's Days Payable is ranked worse than
82.27% of 1602 companies
in the Construction industry
Industry Median: 73.785 vs MTZ: 37.29

MasTec's Days Payable increased from Dec. 2022 (35.37) to Dec. 2023 (38.48). It may suggest that MasTec delayed paying its suppliers.

MasTec Days Payable Historical Data

The historical data trend for MasTec'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.

MasTec Days Payable Chart

MasTec Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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36.22

38.30

33.10

37.68

40.45

MasTec Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															35.37	39.36	34.08	34.24	38.48

Competitive Comparison of MasTec's Days Payable

For the Engineering & Construction subindustry, MasTec'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.

MasTec's Days Payable Distribution in the Construction Industry

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

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

MasTec 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.

MasTec'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
=	( (1109.867	+	1242.602)	/	2 )	/	10613.762	*	365
=	1176.2345					/	10613.762	*	365
=	40.45

MasTec's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1213.859	+	1242.602)	/	2 )	/	2912.37	*	365 / 4
=	1228.2305					/	2912.37	*	365 / 4
=	38.48

MasTec Days Payable Related Terms

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MasTec (MasTec) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » MasTec Inc (NYSE:MTZ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MY8:Germany

Address

800 S. Douglas Road, 12th Floor, Coral Gables, FL, USA, 33134

Website

https://www.mastec.com

MasTec is a leading infrastructure construction company operating mainly in North America across a range of industries. The company's primary activities include the engineering, building, installation, maintenance, and upgrade of communications, oil and gas, utility, renewable energy, and other infrastructure. MasTec reports its results under five reportable segments: 1) communications; 2) clean energy and infrastructure; 3) oil and gas; 4) power delivery, and 5) other.

Executives

Paul Dimarco	officer: CFO	800 S. DOUGLAS ROAD, SUITE 1200, CORAL GABLES FL 33134
Timothy Michael Love	officer: CAO	8915 GEORGE WILLIAMS RD., KNOXVILLE TN 37923
Ava L Parker	director	1469 HARRINGTON PARK DRIVE, JACKSONVILLE FL 32225
Ernst N Csiszar	director	2600 S RIVER ROAD, DES PLAINES IL 60018
Robert E Apple	officer: Chief Operations Officer	800 S DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134
C Robert Campbell	officer: EVP & CFO	800 DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134
De Cardenas Alberto I	officer: Executive Vice President	800 S DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES X1 33134
George Pita	officer: CFO	3000 NW 107TH AVENUE, MIAMI FL 33172
Robert J Dwyer	director	880 SOUTH OCEAN BOULEVARD, PALM BEACH FL 33480
Jose S Sorzano	director	AUSTIN GROUP INC, 5305 LEE HIGHWAY NORTH, ARLINGTON VA 22207
Julia L Johnson	director	NETCOMMUNICATIONS LLC, 614 GRAND HIGHWAY, CLAREMONT FL 34711
Javier Alberto Palomarez	director	3405 PINNEY POINT DRIVE, FLOWER MOUND TX 75022
Jorge Mas	director, 10 percent owner	800 DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134
Jose Ramon Mas	director, officer: EVP	800 DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134
Daniel A Restrepo	director	C/O MASTEC, INC., 800 S. DOUGLAS RD., 12TH FLOOR, CORAL GABLES FL 33134