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Balfour Beatty (Balfour Beatty) Days Payable : 37.82 (As of Dec. 2023)


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What is Balfour Beatty Days Payable?

Balfour Beatty's average Accounts Payable for the six months ended in Dec. 2023 was $1,039 Mil. Balfour Beatty's Cost of Goods Sold for the six months ended in Dec. 2023 was $5,015 Mil. Hence, Balfour Beatty's Days Payable for the six months ended in Dec. 2023 was 37.82.

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

BAFBF' s Days Payable Range Over the Past 10 Years
Min: 38.34   Med: 51.98   Max: 78.64
Current: 38.84

During the past 13 years, Balfour Beatty's highest Days Payable was 78.64. The lowest was 38.34. And the median was 51.98.

BAFBF's Days Payable is ranked worse than
80.87% of 1605 companies
in the Construction industry
Industry Median: 73.78 vs BAFBF: 38.84

Balfour Beatty's Days Payable declined from Dec. 2022 (38.13) to Dec. 2023 (37.82). It may suggest that Balfour Beatty accelerated paying its suppliers.


Balfour Beatty Days Payable Historical Data

The historical data trend for Balfour Beatty'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.

Balfour Beatty Days Payable Chart

Balfour Beatty Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.32 40.70 40.16 40.46 37.63

Balfour Beatty Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 38.81 42.46 38.13 39.74 37.82

Competitive Comparison of Balfour Beatty's Days Payable

For the Engineering & Construction subindustry, Balfour Beatty'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.


Balfour Beatty's Days Payable Distribution in the Construction Industry

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

* The bar in red indicates where Balfour Beatty's Days Payable falls into.



Balfour Beatty 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.

Balfour Beatty'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
=( (950.061 + 1031.646) / 2 ) / 9611.393*365
=990.8535 / 9611.393*365
=37.63

Balfour Beatty'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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (1046.717 + 1031.646) / 2 ) / 5015.19*365 / 2
=1039.1815 / 5015.19*365 / 2
=37.82

* 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.


Balfour Beatty Days Payable Related Terms

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Balfour Beatty (Balfour Beatty) Business Description

Traded in Other Exchanges
Address
5 Churchill Place, Canary Wharf, London, GBR, E14 5HU
Balfour Beatty PLC finances, builds, and maintains infrastructure projects. It develops projects in energy, water, communications, transportation, and other industrial markets. In addition, the company manages construction businesses and provides maintenance and management services in power transmission, utilities infrastructure, road, and rail. Some projects are granted through concessions by government authorities. Balfour Beatty operates three business segments: Construction services (majority of total revenue), Support services, and Infrastructure investments. It will invest directly in infrastructure assets when there are opportunities to manage the projects upon completion and create recurring revenue. The majority of sales are derived from the United Kingdom and the United States.

Balfour Beatty (Balfour Beatty) Headlines