Orion Group Holdings (Orion Group Holdings) Days Payable : 34.24 (As of Dec. 2023)

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What is Orion Group Holdings Days Payable?

Orion Group Holdings's average Accounts Payable for the three months ended in Dec. 2023 was $67.0 Mil. Orion Group Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $178.6 Mil. Hence, Orion Group Holdings's Days Payable for the three months ended in Dec. 2023 was 34.24.

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

ORN' s Days Payable Range Over the Past 10 Years
Min: 25.87 Med: 33.87 Max: 48.18
Current: 41.69

During the past 13 years, Orion Group Holdings's highest Days Payable was 48.18. The lowest was 25.87. And the median was 33.87.

ORN's Days Payable is ranked worse than
77.85% of 1603 companies
in the Construction industry
Industry Median: 73.79 vs ORN: 41.69

Orion Group Holdings's Days Payable declined from Dec. 2022 (40.43) to Dec. 2023 (34.24). It may suggest that Orion Group Holdings accelerated paying its suppliers.

Orion Group Holdings Days Payable Historical Data

The historical data trend for Orion Group 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.

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Orion Group Holdings Days Payable Chart

Orion Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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32.22

35.01

31.95

36.09

48.18

Orion Group Holdings 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															40.43	48.21	40.13	38.61	34.24

Competitive Comparison of Orion Group Holdings's Days Payable

For the Engineering & Construction subindustry, Orion Group 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.

Orion Group Holdings's Days Payable Distribution in the Construction Industry

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

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

Orion Group 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.

Orion Group 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
=	( (88.803	+	82.821)	/	2 )	/	650.115	*	365
=	85.812					/	650.115	*	365
=	48.18

Orion Group Holdings'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
=	( (51.234	+	82.821)	/	2 )	/	178.627	*	365 / 4
=	67.0275					/	178.627	*	365 / 4
=	34.24

Orion Group Holdings Days Payable Related Terms

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Orion Group Holdings (Orion Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Orion Group Holdings Inc (NYSE:ORN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0OM:Germany 0OM:Germany

Address

12000 Aerospace Avenue, Suite 300, Houston, TX, USA, 77034

Website

https://www.oriongroupholdingsinc.com

Orion Group Holdings Inc is a specialty construction company serving the infrastructure, industrial, and building sectors, providing services both on and off the water in the continental United States, Alaska, Canada and the Caribbean Basin through its marine segment and its concrete segment. Its marine segment provides construction and dredging services relating to marine transportation facility construction, marine pipeline construction, marine environmental structures, dredging of waterways, channels and ports, environmental dredging, design, and specialty services. Its concrete segment provides turnkey concrete construction services including pour and finish, dirt work, layout, forming, rebar, and mesh across the light commercial, structural and other associated business areas.

Executives

Austin J Shanfelter	director	800 DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134
Gordon Scott Thanisch	officer: EVP AND CFO	12000 AEROSPACE AVE, SUITE 300, HOUSTON TX 77034
Travis J Boone	director, officer: PRESIDENT & CEO	12000 AEROSPACE AVE, SUITE 300, HOUSTON TX 77034
Smith Quentin P. Jr.	director	10361 N. 117TH PLACE, SCOTTSDALE AZ 85259
Michael J Caliel	director	1800 WEST LOOP SOUTH, SUITE 500, HOUSTON TX 77027
Margaret M Foran	director
Mary E Sullivan	director	5313 JAVELINA DR, CORPUS CHRISTI TX 78413
Richard L. Daerr	director	12550 FUQUA ST., HOUSTON TX 77034
Mark R. Stauffer	officer: VP and Chief Financial Officer	12550 FUQUA, HOUSTON TX 77034
Robert L Tabb	officer: VP and Chief Financial Officer	12000 AEROSPACE SUITE 300, HOUSTON TX 77034
James Michael Pearson	director, officer: Chief Executive Officer
Peter R. Buchler	officer: Vice President, Genl Counsel, other: Corporate Secretary	12000 AEROSPACE DR., SUITE 300, HOUSTON TX 77034
Christopher James Dealmeida	officer: VP Finance & Accounting	1817 W 4TH STREET, TEMPE AZ 85281
Larry Dwayne Breaux	officer: Chief Operating Officer	17403 SHOAL LAKE LN, HOUSTON TX 77095
Gene G Stoever	director	5415 GRAYSTONE LANE, HOUSTON TX 77069