Tutor Perini (Tutor Perini) Days Payable

: 68.96 (As of Dec. 2023)

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Tutor Perini's average Accounts Payable for the three months ended in Dec. 2023 was $735 Mil. Tutor Perini's Cost of Goods Sold for the three months ended in Dec. 2023 was $973 Mil. Hence, Tutor Perini's Days Payable for the three months ended in Dec. 2023 was 68.96.

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

TPC' s Days Payable Range Over the Past 10 Years
Min: 69.4 Med: 76.95 Max: 82.95
Current: 71.13

During the past 13 years, Tutor Perini's highest Days Payable was 82.95. The lowest was 69.40. And the median was 76.95.

TPC's Days Payable is ranked worse than
52.18% of 1602 companies
in the Construction industry
Industry Median: 73.815 vs TPC: 71.13

Tutor Perini's Days Payable declined from Dec. 2022 (76.07) to Dec. 2023 (68.96). It may suggest that Tutor Perini accelerated paying its suppliers.

Tutor Perini Days Payable Historical Data

The historical data trend for Tutor Perini'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.

Tutor Perini Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

76.68

77.21

82.64

73.90

69.86

Tutor Perini Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																76.07	83.21	68.27	67.51	68.96

Competitive Comparison

For the Engineering & Construction subindustry, Tutor Perini'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.

Tutor Perini Days Payable Distribution

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

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

Tutor Perini 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.

Tutor Perini'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
=	( (741.907	+	689.683)	/	2 )	/	3739.603	*	365
=	715.795					/	3739.603	*	365
=	69.86

Tutor Perini'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
=	( (780.332	+	689.683)	/	2 )	/	972.552	*	365 / 4
=	735.0075					/	972.552	*	365 / 4
=	68.96

Tutor Perini Days Payable Related Terms

Thank you for viewing the detailed overview of Tutor Perini's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Tutor Perini (Tutor Perini) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Tutor Perini Corp (NYSE:TPC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PE2:Germany

Address

15901 Olden Street, Sylmar, CA, USA, 91342

Website

https://www.tutorperini.com

Tutor Perini Corp offers general contracting, construction management, and design-build services to private and public customers. The company constructs and repairs transportation infrastructure, water-treatment facilities, and a wide range of buildings. It plans and schedules the manpower, equipment, materials, and subcontractors required for a project. Tutor Perini has three operating segments: civil, building, and specialty contractors and generates majority revenue from civil segment. The company offers self-performed construction services, including site work, concrete forming, steel erection, electrical, mechanical, and heating, ventilation, and air conditioning, or HVAC. The majority of its total revenue is derived from the United States.

Executives

Ronald N Tutor	director, 10 percent owner, officer: Chairman & CEO	C/O TUTOR PERINI CORP, 15901 OLDEN STREET, SYLMAR CA 91342
Dale Anne Reiss	director	589 KINZIE ISLAND COURT, SANIBEL FL 33957
Michael Francis Smithson	officer: Executive Vice President	15901 OLDEN ST, SYLMAR CA 91342
Sidney J Feltenstein	director	5328 NORTH BAY RD, MIAMI BEACH FL 33140
Desai Jigisha	director	C/O 585 WEST BEACH STREET, WATSONVILLE CA 95076
Dennis D Oklak	director	600 E 96TH ST, #100, INDIANAPOLIS IN 46240
Michael Filip Horodniceanu	director	15901 OLDEN STREET, SYLMAR CA 91342
Robert C Lieber	director	C/O ISLAND CAPITAL GROUP, LLC, 717 5TH AVENUE, 18TH FLOOR, NEW YORK NY 10022
Ghassan Ariqat	officer: Executive Vice President	15901 OLDEN ST., SYLMAR CA 91342
James A Frost	officer: Executive VP	TUTOR PERINI CORPORATION, 15901 OLDEN STREET, SYLMAR CA 91342
Michael R Klein	director	2001 K STREET, N.W., SUITE 206, WASHINGTON DC 20006
Gary G. Smalley	officer: Executive VP and CFO	C/O TUTOR PERINI CORPORATION, 15901 OLDEN STREET, SYLMAR CA 91342
Ronald N. Tutor Separate Property Trust	10 percent owner	C/O JOHN D. BARRETT, 15901 OLDEN STREET, SYLMAR CA 91342
Raymond R Oneglia	director	C/O O&G INDUSTRIES, INC., 112 WALL STREET, TORRINGTON CT 06790
Jean Jamil Abiassi	officer: Pres & CEO, Bldg & Spec Groups	C/O TUTOR PERINI CORPORATION, 15901 OLDEN ST., SYLMAR CA 91342