GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Houston Wire & Cable Co (NAS:HWCC) » Definitions » Days Payable
中文

Houston Wire & Cable Co (Houston Wire & Cable Co) Days Payable : 15.07 (As of Mar. 2021)


View and export this data going back to 2006. Start your Free Trial

What is Houston Wire & Cable Co Days Payable?

Houston Wire & Cable Co's average Accounts Payable for the three months ended in Mar. 2021 was $8.4 Mil. Houston Wire & Cable Co's Cost of Goods Sold for the three months ended in Mar. 2021 was $50.6 Mil. Hence, Houston Wire & Cable Co's Days Payable for the three months ended in Mar. 2021 was 15.07.

The historical rank and industry rank for Houston Wire & Cable Co's Days Payable or its related term are showing as below:

HWCC's Days Payable is not ranked *
in the Industrial Distribution industry.
Industry Median: 52.1
* Ranked among companies with meaningful Days Payable only.

Houston Wire & Cable Co's Days Payable declined from Mar. 2020 (20.34) to Mar. 2021 (15.07). It may suggest that Houston Wire & Cable Co accelerated paying its suppliers.


Houston Wire & Cable Co Days Payable Historical Data

The historical data trend for Houston Wire & Cable Co'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.

Houston Wire & Cable Co Days Payable Chart

Houston Wire & Cable Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.93 12.55 13.24 17.74 16.10

Houston Wire & Cable Co Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.34 21.59 15.56 12.86 15.07

Competitive Comparison of Houston Wire & Cable Co's Days Payable

For the Industrial Distribution subindustry, Houston Wire & Cable Co'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.


Houston Wire & Cable Co's Days Payable Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Houston Wire & Cable Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Houston Wire & Cable Co's Days Payable falls into.



Houston Wire & Cable Co 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.

Houston Wire & Cable Co's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

Days Payable (A: Dec. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2019 ) + Accounts Payable (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (13.858 + 5.809) / 2 ) / 222.968*365
=9.8335 / 222.968*365
=16.10

Houston Wire & Cable Co's Days Payable for the quarter that ended in Mar. 2021 is calculated as:

Days Payable (Q: Mar. 2021 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2020 ) + Accounts Payable (Q: Mar. 2021 )) / count ) / Cost of Goods Sold (Q: Mar. 2021 )*Days in Period
=( (5.809 + 10.899) / 2 ) / 50.58*365 / 4
=8.354 / 50.58*365 / 4
=15.07

* 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.


Houston Wire & Cable Co Days Payable Related Terms

Thank you for viewing the detailed overview of Houston Wire & Cable Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Houston Wire & Cable Co (Houston Wire & Cable Co) Business Description

Traded in Other Exchanges
N/A
Address
10201 North Loop East, Houston, TX, USA, 77029
Houston Wire & Cable Co is a distributor of electrical and mechanical wire and cable in the U.S. industrial market. The company offers products in most categories of wire and cable, including continuous and interlocked armor cable; electronic wire and cable; flexible and portable cord; instrumentation and thermocouple cable; primary and secondary aluminum distribution cable, hardware and corrosion-resistant products including inch and metric bolts, screws, nuts, washers, rivets, and hose clamps. It has three target markets: utility market, industrial market, and infrastructure market.
Executives
Roy W Haley director COMMERCE COURT FOUR STATION SQUARE, SUITE 700, PITTSBURGH PA 15219
G Gary Yetman director P.O. BOX 2139 EDWARDS CO 81632
William H Sheffield director 401 QUEENS QUAY WEST SUITE 104 TORONTO A6 M5V 2Y2
Eric Wayne Davis officer: INTERIM CFO & CAO 10201 NORTH LOOP EAST HOUSTON TX 77029
Jerry Michael Zurovchak officer: SENIOR VP & COO 10201 NORTH LOOP EAST HOUSTON TX 77029
Christopher M. Micklas officer: VP & CFO ONE MEMORIAL CITY PLAZA, 800 GESSNER ROAD, SUITE 875, HOUSTON TX 77024
Pokluda James L Iii director 10201 N. LOOP EAST HOUSTON TX 77029
Sandford W. Rothe director 1 GOOSEBERRY LANE CHERRY HILLS VILLAGE CO 80113
David Nierenberg director, 10 percent owner 19605 NE 8TH STREET, CAMAS WA 98607
Nierenberg Investment Management Co 10 percent owner 19605 NE 8TH ST, CAMAS WA 98607
Margaret Laird director 1283 BLACKBIRD COURT BOULDER CO 80303
Robert L Reymond director 10721 W. 118TH TERRACE OVERLAND PARK KS 66210
Michael T Campbell director HOUSTON WIRE & CABLE COMPANY, 10201 NORTH LOOP EAST, HOUSTON TX 77029
Mark A Ruelle director C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Nicol G Graham officer: VP, CFO, TREASURER & SECRETARY 10201 NORTH LOOP EAST HOUSTON TX 77029

Houston Wire & Cable Co (Houston Wire & Cable Co) Headlines

From GuruFocus