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Tutor Perini Corp (NYSE:TPC)
Days Payable
73.72 (As of Jun. 2016)

Tutor Perini Corp's payable for the three months ended in Jun. 2016 was $968 Mil. Tutor Perini Corp's cost of goods sold for the three months ended in Jun. 2016 was $1,198 Mil. Hence, Tutor Perini Corp's days payable for the three months ended in Jun. 2016 was 73.72.

TPC' s Days Payable Range Over the Past 10 Years
Min: 68.77   Max: 101.24
Current: 77.61

68.77
101.24

During the past 13 years, Tutor Perini Corp's highest Days Payable was 101.24. The lowest was 68.77. And the median was 77.10.

TPC's Days Payable is ranked higher than
52% of the 672 Companies
in the Global Engineering & Construction industry.

( Industry Median: 73.73 vs. TPC: 77.61 )

Tutor Perini Corp's days payable increased from Jun. 2015 (72.41) to Jun. 2016 (73.72). It may suggest that Tutor Perini Corp delayed 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.

Tutor Perini Corp's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=937.464/4564.219*365
=74.97

Tutor Perini Corp's Days Payable for the quarter that ended in Jun. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=968.193/1198.36*365 / 4
=73.72

* 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.

Tutor Perini Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 101.2478.3192.6475.8983.3786.3668.7774.6273.0774.97

Tutor Perini Corp Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 85.0081.1871.0167.9375.0272.4172.4775.4293.6473.72
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