Tetra Tech (Tetra Tech) Days Payable : 16.72 (As of Dec. 2023)

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What is Tetra Tech Days Payable?

Tetra Tech's average Accounts Payable for the three months ended in Dec. 2023 was $190 Mil. Tetra Tech's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,038 Mil. Hence, Tetra Tech's Days Payable for the three months ended in Dec. 2023 was 16.72.

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

TTEK' s Days Payable Range Over the Past 10 Years
Min: 15.41 Med: 24.35 Max: 30.02
Current: 17.05

During the past 13 years, Tetra Tech's highest Days Payable was 30.02. The lowest was 15.41. And the median was 24.35.

TTEK's Days Payable is ranked worse than
96.63% of 1603 companies
in the Construction industry
Industry Median: 73.79 vs TTEK: 17.05

Tetra Tech's Days Payable declined from Dec. 2022 (18.38) to Dec. 2023 (16.72). It may suggest that Tetra Tech accelerated paying its suppliers.

Tetra Tech Days Payable Historical Data

The historical data trend for Tetra Tech'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.

Tetra Tech Days Payable Chart

Tetra Tech Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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24.80

22.80

16.17

17.21

15.41

Tetra Tech 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															18.38	17.88	18.98	15.76	16.72

Competitive Comparison of Tetra Tech's Days Payable

For the Engineering & Construction subindustry, Tetra Tech'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.

Tetra Tech's Days Payable Distribution in the Construction Industry

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

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

Tetra Tech 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.

Tetra Tech's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (147.436	+	173.271)	/	2 )	/	3797.521	*	365
=	160.3535					/	3797.521	*	365
=	15.41

Tetra Tech'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
=	( (173.271	+	207.062)	/	2 )	/	1037.769	*	365 / 4
=	190.1665					/	1037.769	*	365 / 4
=	16.72

Tetra Tech Days Payable Related Terms

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Tetra Tech (Tetra Tech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Tetra Tech Inc (NAS:TTEK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TT6:Germany TT6:Germany

Address

3475 East Foothill Boulevard, Pasadena, CA, USA, 91107

Website

https://www.tetratech.com

Tetra Tech Inc provides consulting and engineering services for environmental, infrastructure, resource management, energy, and international development markets. It specializes in providing water-related services for public and private clients. It designs infrastructure, facilities, and other structures with complex plans and resource management. Tetra Tech has two reportable segments. Its Government Services Group (GSG) reportable segment primarily includes activities with U.S. government clients (federal, state and local) and activities with development agencies worldwide. Commercial/International Services Group (CIG) reportable segment primarily includes activities with U.S. commercial clients and international clients other than development agencies.

Executives

Brian N Carter	officer: SVP, CORPORATE CONTROLLER	3475 EAST FOOTHILL BOULEVARD, PASADENA CA 91107
Kirsten M Volpi	director	TETRA TECH, INC., 3475 EAST FOOTHILL BOULEVARD, PASADENA CA 91107
Dan L Batrack	director, officer: CHAIRMAN AND CEO	TETRA TECH, INC., 3475 EAST FOOTHILL BOULEVARD, PASADENA CA 91107
Jill Hudkins	officer: President	3475 E. FOOTHILL BLVD., PASADENA CA 91107
Roger R Argus	officer: SVP, Gov't Svcs. Group	TETRA TECH, INC., 3475 EAST FOOTHILL BOULEVARD, PASADENA CA 91107
Preston Iii Hopson	officer: SVP, GENERAL COUNSEL	3475 E FOOTHILL BLVD, PASADENA CA 91107
J Kenneth Thompson	director	ALASKA AIR GROUP, 19300 PACIFIC HIGHWAY SOUTH, SEATTLE WA 98188
Kimberly E Ritrievi	director	TETRA TECH, INC, 3475 E. FOOTHILL BLVD., PASADENA CA 91107
Steven M Burdick	officer: EVP, CFO	TETRA TECH, INC., 3475 EAST FOOTHILL BOULEVARD, PASADENA CA 91107
Christiana Obiaya	director	130 W UNION STREET, PASADENA CA 91103
J Christopher Lewis	director	TETRA TECH, INC, 3475 EAST FOOTHILL BOULEVARD, PASADENA CA 91107
Prashant Gandhi	director	3475 E. FOOTHILL BLVD., PASADENA CA 91107
William R Brownlie	officer: SVP, CHIEF ENGINEER	3475 EAST FOOTHILL BOULEVARD, PASADENA CA 91107
Patrick C Haden	director	3475 EAST FOOTHILL BOULEVARD, PASADENA CA 91107
Brendan M. O'rourke	officer: SVP, Enterprise Risk Mgmt.	3475 E FOOTHILL BLVD, PASADENA CA 91107