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MRC (MRC Global) Days Payable : 61.07 (As of Mar. 2025)


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What is MRC Global Days Payable?

MRC Global's average Accounts Payable for the three months ended in Mar. 2025 was $382 Mil. MRC Global's Cost of Goods Sold for the three months ended in Mar. 2025 was $570 Mil. Hence, MRC Global's Days Payable for the three months ended in Mar. 2025 was 61.07.

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

MRC' s Days Payable Range Over the Past 10 Years
Min: 42.22   Med: 47.76   Max: 60.62
Current: 60.62

During the past 13 years, MRC Global's highest Days Payable was 60.62. The lowest was 42.22. And the median was 47.76.

MRC's Days Payable is ranked better than
50.4% of 879 companies
in the Oil & Gas industry
Industry Median: 60.05 vs MRC: 60.62

MRC Global's Days Payable increased from Mar. 2024 (54.78) to Mar. 2025 (61.07). It may suggest that MRC Global delayed paying its suppliers.


MRC Global Days Payable Historical Data

The historical data trend for MRC Global'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.

MRC Global Days Payable Chart

MRC Global Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.23 47.47 51.06 52.73 51.06

MRC Global Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 54.78 54.00 54.43 71.77 61.07

Competitive Comparison of MRC Global's Days Payable

For the Oil & Gas Equipment & Services subindustry, MRC Global'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.


MRC Global's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, MRC Global's Days Payable distribution charts can be found below:

* The bar in red indicates where MRC Global's Days Payable falls into.


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MRC Global 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.

MRC Global's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (340 + 329) / 2 ) / 2391*365
=334.5 / 2391*365
=51.06

MRC Global's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (329 + 434) / 2 ) / 570*365 / 4
=381.5 / 570*365 / 4
=61.07

* 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.


MRC Global Days Payable Related Terms

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


MRC Global Business Description

Traded in Other Exchanges
Address
1301 McKinney Street, Suite 2300, Houston, TX, USA, 77010
MRC Global Inc distributes pipes, valves, fittings, and other infrastructure products and services to diversified gas utility, energy, and industrial end-markets. It provides supply chain solutions, technical product service and a digital platform for customers globally. It offers a range of PVF, oilfield supply, valve automation and modification, measurement, instrumentation, and other general and specialty products. Its geographical segments include the United States and International. It generates the majority of its revenue from the United States.
Executives
Daniel J Churay officer: EVP-Corp Affrs, GC & Corp Sec. MRC GLOBAL INC., 2 HOUSTON CENTER, 909 FANNIN, SUITE 3100, HOUSTON TX 77010
Leonard M Anthony director MRC GLOBAL INC., 2 HOUSTON CENTER, 909 FANNIN, SUITE 3100, HOUSTON TX 77010
Robert J. Saltiel director, officer: President and CEO 4 GREENWAY PLAZA, HOUSTON TX 77046
Grant R Bates officer: SVP-Operational Excellence/CIO FULBRIGHT TOWER, 1301 MCKINNEY ST., SUITE 2300, HOUSTON TX 77010
Deborah G Adams director FULBRIGHT TOWER, 1301 MCKINNEY STREET, SUITE 2300, HOUSTON TX 77010
John P Mccarthy officer: SVP-Supply Chain 1301 MCKINNEY STREET, SUITE 2300, HOUSTON TX 77010
Rance C Long officer: SVP-Business Development 1301 MCKINNEY STREET, SUITE 2300, HOUSTON TX 77010
Kelly Youngblood officer: Executive Vice President 15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094
Shweta Kurvey-mishra officer: See Remarks 1301 MCKINNEY STREET, SUITE 2300, HOUSTON TX 77010
Anne Mcentee director 1301 MCKINNEY STREET, SUITE 2300, HOUSTON TX 77010
Malcolm O'neal officer: SVP - Human Resources 1301 MCKINNEY ST., SUITE 2300, HOUSTON TX 77010
Emily K. Shields officer: See Remarks 1301 MCKINNEY ST., SUITE 2300, HOUSTON TX 77010
Stephen B. Smith officer: See Remarks 1301 MCKINNEY ST., SUITE 2300, HOUSTON TX 77010
George John Damiris director 100 CRESCENT COURT, SUITE 1600, DALLAS TX 75201
Ronald L Jadin director 100 GRAINGER PARKWAY, LAKE FOREST IL 60045