Comfort Systems USA (Comfort Systems USA) Days Payable : 35.99 (As of Mar. 2024)

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What is Comfort Systems USA Days Payable?

Comfort Systems USA's average Accounts Payable for the three months ended in Mar. 2024 was $489 Mil. Comfort Systems USA's Cost of Goods Sold for the three months ended in Mar. 2024 was $1,240 Mil. Hence, Comfort Systems USA's Days Payable for the three months ended in Mar. 2024 was 35.99.

The historical rank and industry rank for Comfort Systems USA's Days Payable or its related term are showing as below:

FIX' s Days Payable Range Over the Past 10 Years
Min: 29.72 Med: 31.98 Max: 35.25
Current: 35.25

During the past 13 years, Comfort Systems USA's highest Days Payable was 35.25. The lowest was 29.72. And the median was 31.98.

FIX's Days Payable is ranked worse than
85.09% of 1603 companies
in the Construction industry
Industry Median: 73.79 vs FIX: 35.25

Comfort Systems USA's Days Payable increased from Mar. 2023 (32.43) to Mar. 2024 (35.99). It may suggest that Comfort Systems USA delayed paying its suppliers.

Comfort Systems USA Days Payable Historical Data

The historical data trend for Comfort Systems USA'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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Comfort Systems USA Days Payable Chart

Comfort Systems USA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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32.16

31.63

33.36

31.80

32.78

Comfort Systems USA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															32.43	31.93	34.71	36.45	35.99

Competitive Comparison of Comfort Systems USA's Days Payable

For the Engineering & Construction subindustry, Comfort Systems USA'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.

Comfort Systems USA's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Comfort Systems USA's Days Payable distribution charts can be found below:

* The bar in red indicates where Comfort Systems USA's Days Payable falls into.

Comfort Systems USA 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.

Comfort Systems USA'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
=	( (337.385	+	419.962)	/	2 )	/	4216.251	*	365
=	378.6735					/	4216.251	*	365
=	32.78

Comfort Systems USA's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (419.962	+	557.859)	/	2 )	/	1239.653	*	365 / 4
=	488.9105					/	1239.653	*	365 / 4
=	35.99

Comfort Systems USA Days Payable Related Terms

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Comfort Systems USA (Comfort Systems USA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Comfort Systems USA Inc (NYSE:FIX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

9CF:Germany 9CF:Germany

Address

675 Bering Drive, Suite 400, Houston, TX, USA, 77057

Website

https://www.comfortsystemsusa.com

Comfort Systems USA Inc provides comprehensive mechanical contracting services, including heating, ventilation, & air conditioning, or HVAC; plumbing; piping & controls; construction; and other electrical components. Projects are mainly for commercial, industrial, & institutional buildings, & tend to be geared toward HVAC. Revenue is roughly split between installation services for newly constructed facilities & maintenance services for existing buildings. The company installs & repairs products and systems throughout the United States. It operates in two segments, Mechanical services & Electrical services, the majority is from the Mechanical services segment.

Executives

Skidmore Constance Ellen	director	675 BERING DRIVE, SUITE 400, HOUSTON TX 77057
Rhoman J Hardy	director	2828 N. HARWOOD ST., SUITE 1300, DALLAS TX 75201
William J Sandbrook	director	C/O U.S. CONCRETE, INC., 331 N. MAIN STREET, EULESS TX 76039
Vance W Tang	director	C/O KONE INC., 4225 NAPERVILLE ROAD, SUITE 400, LISLE IL 60532
Laura Finley Howell	officer: VP, General Counsel, Secretary	675 BERING DRIVE SUITE 400, HOUSTON TX 77057
Franklin Myers	director	C/O CAMERON INT'L CORPORATION, 1333 WEST LOOP S. #1700, HOUSTON TX 77027
Brian E. Lane	officer: President / CEO	COMFORT SYSTEMS USA, INC., 675 BERING DRIVE, SUITE 400, HOUSTON TX 77057
Julie Shaeff	officer: Chief Accounting Officer	COMFORT SYSTEMS USA, INC., 675 BERING DRIVE, SUITE 400, HOUSTON TX 77057
Cindy L. Wallis-lage	director	C/O COMFORT SYSTEMS USA, INC., 675 BERING DRIVE, SUITE 400, HOUSTON TX 77057
William Iii George	officer: Chief Financial Officer	675 BERING DRIVE, SUITE 400, HOUSTON TX 77057
Herman E Bulls	director	JONES LANG LASALLE, 1801 K STREET NW SUITE 1000, WASHINGTON DC 20006
T Mckenna Trent	officer: VP, General Counsel & Secy	C/O COMFORT SYSTEMS USA, INC., 675 BERING DRIVE, SUITE 400, HOUSTON TX 77057
Darcy Anderson	director	C/O PEROT SYSTEMS CORP, 2300 WEST PLANO PKWY, PLANO TX 75075
Pablo G. Mercado,	director	920 MEMORIAL CITY WAY, SUITE 800, HOUSTON TX 77024
Alan Krusi	director	AECOM, 555 SOUTH FLOWER ST. 37TH FLOOR, LOS ANGELES CA 90071