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Northwest Pipe Co (Northwest Pipe Co) Days Payable

: 31.28 (As of Dec. 2023)
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Northwest Pipe Co's average Accounts Payable for the three months ended in Dec. 2023 was $31.1 Mil. Northwest Pipe Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $90.9 Mil. Hence, Northwest Pipe Co's Days Payable for the three months ended in Dec. 2023 was 31.28.

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

NWPX' s Days Payable Range Over the Past 10 Years
Min: 12.23   Med: 24.91   Max: 31.13
Current: 28.04

During the past 13 years, Northwest Pipe Co's highest Days Payable was 31.13. The lowest was 12.23. And the median was 24.91.

NWPX's Days Payable is ranked worse than
90.13% of 2929 companies
in the Industrial Products industry
Industry Median: 75.91 vs NWPX: 28.04

Northwest Pipe Co's Days Payable declined from Dec. 2022 (36.20) to Dec. 2023 (31.28). It may suggest that Northwest Pipe Co accelerated paying its suppliers.


Northwest Pipe Co Days Payable Historical Data

The historical data trend for Northwest Pipe Co'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.

Northwest Pipe Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.73 22.09 28.58 29.08 28.92

Northwest Pipe Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 36.20 28.67 25.08 26.56 31.28

Competitive Comparison

For the Metal Fabrication subindustry, Northwest Pipe Co'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.


Northwest Pipe Co Days Payable Distribution

For the Industrial Products industry and Industrials sector, Northwest Pipe Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Northwest Pipe Co's Days Payable falls into.



Northwest Pipe Co 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.

Northwest Pipe Co'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
=( (26.968 + 31.142) / 2 ) / 366.713*365
=29.055 / 366.713*365
=28.92

Northwest Pipe Co'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
=( (31.156 + 31.142) / 2 ) / 90.874*365 / 4
=31.149 / 90.874*365 / 4
=31.28

* 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.


Northwest Pipe Co Days Payable Related Terms

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Northwest Pipe Co (Northwest Pipe Co) Business Description

Traded in Other Exchanges
Address
201 North East Park Plaza Drive, Suite 100, Vancouver, WA, USA, 98684
Northwest Pipe Co is a manufacturer of water-related infrastructure products. The company has two operating segments; Engineered Steel Pressure Pipe segment manufactures large-diameter, high-pressure steel pipeline systems for use in water infrastructure applications, which are related to drinking water systems. These products are also used for hydroelectric power systems, wastewater systems, seismic resiliency, and other applications, and Precast Infrastructure and Engineered Systems segment manufacture stormwater and wastewater technology products, high-quality precast and reinforced concrete products, including manholes, box culverts, vaults, and catch basins, pump lift stations, oil water separators, biofiltration, and other environmental and engineered solutions.
Executives
Irma Lockridge director C/O TRINITY CAPITAL INC., 1 N. 1ST STREET, 3RD FLOOR, PHOENIX AZ 85004
Michael C Franson director 1401 17TH STREET 750, DENVER CO 80202
Richard A Roman director 1984 SW 16TH AVE, PORTLAND OR 97201
Scott J Montross officer: President & CEO
Michael Wray officer: Sr VP/GM of Precast 201 NE PARK PLAZA DRIVE, SUITE 100, VANCOUVER WA 98684
Keith R Larson director 11 HILLSHIRE DRIVE, LAKE OSWEGO OR 97034
Amanda Kulesa director 201 NE PARK PLAZA DRIVE, SUITE 100, VANCOUVER WA 98684
Michelle Galanter Applebaum director 5721 SE COLUMBIA WAY SUITE 200, VANCOUVER WA 98661
Megan A. Kendrick officer: VP of Human Resources 5721 SE COLUMBIA WAY SUITE 200, VANCOUVER WA 98661
William S. Yearsley director 833 WEST SOUTH BOULDER ROAD, LOUISVILLE CO 80027
Eric Stokes officer: Sr. VP of Sales & Marketing 201 NE PARK PLAZA DRIVE, SUITE 100, VANCOUVER WA 98684
John Paschal director 201 NE PARK PLAZA DRIVE, SUITE 100, VANCOUVER WA 98684
Miles Brittain other: VP of Operations 201 NE PARK PLAZA DRIVE, SUITE 100, VANCOUVER WA 98684
Aaron Wilkins officer: VP of Finance &Corp Controller 5721 SE COLUMBIA WAY SUITE 200, VANCOUVER WA 98661
James E Declusin director OREGON STEEL MILLS INC, 1000 SW BROADWAY STE 2200, PORTLAND OR 97205