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MasTec (FRA:MY8) Days Payable

: 36.50 (As of Dec. 2022)
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MasTec's average Accounts Payable for the three months ended in Dec. 2022 was €996 Mil. MasTec's Cost of Goods Sold for the three months ended in Dec. 2022 was €2,489 Mil. Hence, MasTec's Days Payable for the three months ended in Dec. 2022 was 36.50.

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

FRA:MY8' s Days Payable Range Over the Past 10 Years
Min: 23.56   Med: 36.95   Max: 41.76
Current: 35.81

During the past 13 years, MasTec's highest Days Payable was 41.76. The lowest was 23.56. And the median was 36.95.

FRA:MY8's Days Payable is ranked worse than
84.43% of 1548 companies
in the Construction industry
Industry Median: 75.70 vs FRA:MY8: 35.81

MasTec's Days Payable declined from Dec. 2021 (38.75) to Dec. 2022 (36.50). It may suggest that MasTec accelerated paying its suppliers.


MasTec Days Payable Historical Data

The historical data trend for MasTec'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.

MasTec Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.74 35.75 40.06 32.01 36.80

MasTec Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Days Payable 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 Premium Member Only Premium Member Only Premium Member Only 38.75 35.55 33.20 35.11 36.50

Competitive Comparison

For the Engineering & Construction subindustry, MasTec'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.

   

MasTec Days Payable Distribution

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

* The bar in red indicates where MasTec's Days Payable falls in comparison to its industry or sector. The grey bar indicates the Days Payable's extreme value range as defined by GuruFocus.



MasTec 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.

MasTec's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (586.81075501291 + 1047.7144479983) / 2 ) / 8105.498351987*365
=817.26260150562 / 8105.498351987*365
=36.80

MasTec's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

Days Payable (Q: Dec. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2022 ) + Accounts Payable (Q: Dec. 2022 )) / count ) / Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=( (943.88742000094 + 1047.7144479983) / 2 ) / 2489.395023996*365 / 4
=995.80093399963 / 2489.395023996*365 / 4
=36.50

* 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.


MasTec Days Payable Related Terms

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MasTec (FRA:MY8) Business Description

MasTec logo
Traded in Other Exchanges
Address
800 S. Douglas Road, 12th Floor, Coral Gables, FL, USA, 33134
MasTec Inc is a leading infrastructure construction company operating primarily throughout North America. Its principal activities include engineering, building, installation, maintenance, and upgrades of communications, energy, and utility infrastructure. The company installs wireless, wireline, and satellite communications; oil and gas pipeline infrastructure; conventional and renewable power generation; and other industrial systems. MasTec has five operating segments: Communications, Oil and Gas, Power Delivery, Clean Energy and Infrastructure, and Others. The majority of its revenue is derived from the Communications segments. The company markets services individually and in combination with other companies to provide a wide range of solutions for customers.

MasTec (FRA:MY8) Headlines

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