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US Concrete (US Concrete) Days Payable : 36.57 (As of Jun. 2021)


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What is US Concrete Days Payable?

US Concrete's average Accounts Payable for the three months ended in Jun. 2021 was $104 Mil. US Concrete's Cost of Goods Sold for the three months ended in Jun. 2021 was $259 Mil. Hence, US Concrete's Days Payable for the three months ended in Jun. 2021 was 36.57.

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

USCR' s Days Payable Range Over the Past 10 Years
Min: 27.77   Med: 38.34   Max: 45.04
Current: 42.16

During the past 12 years, US Concrete's highest Days Payable was 45.04. The lowest was 27.77. And the median was 38.34.

USCR's Days Payable is not ranked
in the Building Materials industry.
Industry Median: 67.09 vs USCR: 42.16

US Concrete's Days Payable declined from Jun. 2020 (48.05) to Jun. 2021 (36.57). It may suggest that US Concrete accelerated paying its suppliers.


US Concrete Days Payable Historical Data

The historical data trend for US Concrete'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.

US Concrete Days Payable Chart

US Concrete 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 37.82 39.35 36.57 40.29 45.04

US Concrete Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 48.05 42.49 46.02 47.25 36.57

Competitive Comparison of US Concrete's Days Payable

For the Building Materials subindustry, US Concrete'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.


US Concrete's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, US Concrete's Days Payable distribution charts can be found below:

* The bar in red indicates where US Concrete's Days Payable falls into.



US Concrete 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.

US Concrete'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
=( (136.4 + 127.8) / 2 ) / 1070.6*365
=132.1 / 1070.6*365
=45.04

US Concrete's Days Payable for the quarter that ended in Jun. 2021 is calculated as:

Days Payable (Q: Jun. 2021 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2021 ) + Accounts Payable (Q: Jun. 2021 )) / count ) / Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=( (113.6 + 94.3) / 2 ) / 259.4*365 / 4
=103.95 / 259.4*365 / 4
=36.57

* 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.


US Concrete Days Payable Related Terms

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


US Concrete (US Concrete) Business Description

Traded in Other Exchanges
N/A
Address
331 North Main Street, Euless, TX, USA, 76039
U.S. Concrete sells ready-mixed concrete in several major markets in the United States, primarily in Texas, northern California, and the New York metro area. While U.S. Concrete also produces aggregates in some of its markets and has made more acquisitions in this area in recent years, the company primarily uses its aggregates production internally for its ready-mixed concrete operations. During 2020, U.S. Concrete sold approximately 8.2 million cubic yards of ready-mixed concrete and approximately 12.6 million tons of aggregates.
Executives
Sutherland Colin Mcgill director 55 ROSE PARK DRIVE TORONTO A6 M4T 1R2
Herbert A. Burton officer: Regional VP & GM - West C/O U.S. CONCRETE, INC. 331 N. MAIN ST. EULESS X1 76039
Jeffrey W Roberts officer: Regional VP & GM - Central 331 N. MAIN ST. EULESS TX 76039
William J Sandbrook director C/O U.S. CONCRETE, INC., 331 N. MAIN STREET, EULESS TX 76039
John E Kunz officer: SVP & Chief Financial Officer 522 N. MACEWEN DRIVE, OSPREY FL 34229
Rajan Penkar director C/O TRAVELCENTERS OF AMERICA INC., 24601 CENTER RIDGE ROAD, WESTLAKE OH 44145
Michael D Lundin director C/O U.S. CONCRETE, INC. 331 N. MAIN STREET EULESS TX 76039
Kurt Matthew Cellar director 71 ROTON AVENUE, NORWALK CT 06853
Theodore P Rossi director C/O U.S. CONCRETE, INC. 331 N. MAIN STREET EULESS TX 76039
Susan M. Ball director 13131 DAIRY ASHFORD, SUITE 600, SUGAR LAND TX 77478
Gibson T Dawson officer: VP, Corporate Controller & CAO C/O U.S. CONCRETE, INC., 331 NORTH MAIN STREET, EULESS TX 76039
Philip Daren Lesley officer: VP - USC Aggregates 331 NORTH MAIN STREET EULESS TX 76039
Scott Dryden officer: VP & GM - Polaris Materials C/O U.S. CONCRETE, INC. 331 N. MAIN ST. EULESS TX 76039
Mark Baker Peabody officer: VP - Human Resources 331 N. MAIN STREET EULESS TX 76039
Ronnie A Pruitt officer: President & COO C/O U.S. CONCRETE, INC., 331 N. MAIN STREET, EULESS TX 76039