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Bird Construction (Bird Construction) Days Payable : 79.37 (As of Dec. 2023)


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What is Bird Construction Days Payable?

Bird Construction's average Accounts Payable for the three months ended in Dec. 2023 was $466 Mil. Bird Construction's Cost of Goods Sold for the three months ended in Dec. 2023 was $536 Mil. Hence, Bird Construction's Days Payable for the three months ended in Dec. 2023 was 79.37.

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

BIRDF' s Days Payable Range Over the Past 10 Years
Min: 82.99   Med: 101.32   Max: 120.56
Current: 82.99

During the past 13 years, Bird Construction's highest Days Payable was 120.56. The lowest was 82.99. And the median was 101.32.

BIRDF's Days Payable is ranked better than
55.24% of 1602 companies
in the Construction industry
Industry Median: 73.785 vs BIRDF: 82.99

Bird Construction's Days Payable declined from Dec. 2022 (88.64) to Dec. 2023 (79.37). It may suggest that Bird Construction accelerated paying its suppliers.

Bird Construction Days Payable Historical Data

The historical data trend for Bird Construction'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.

Bird Construction Days Payable Chart

Bird Construction 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 111.27 119.04 90.15 94.01 85.86

Bird Construction Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 88.64 101.61 77.00 75.51 79.37

Competitive Comparison of Bird Construction's Days Payable

For the Engineering & Construction subindustry, Bird Construction'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.

Bird Construction's Days Payable Distribution in the Construction Industry

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

* The bar in red indicates where Bird Construction's Days Payable falls into.


Bird Construction 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.

Bird Construction'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
=( (420.08 + 477.015) / 2 ) / 1906.865*365
=448.5475 / 1906.865*365
=85.86

Bird Construction'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
=( (455.084 + 477.015) / 2 ) / 535.82*365 / 4
=466.0495 / 535.82*365 / 4
=79.37

* 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.

Bird Construction Days Payable Related Terms

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Bird Construction (Bird Construction) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Bird Construction Inc (OTCPK:BIRDF) » Definitions » Days Payable
Comparable Companies
TSX:ARE TSX:BDGI TSX:DRT TSXV:MSP TSXV:RGI XPAR:DG NSE:LT PWR SHSE:601668 SHSE:601390 TSX:WSP J XKRX:028260 EME HKSE:01800 XPAR:EN SHSE:601186 BLD ACM SHSE:601669
Traded in Other Exchanges
6LT:Germany BDT:Canada
Address
5700 Explorer Drive, Suite 400, Mississauga, ON, CAN, L4W 0C6
Website
https://www.bird.ca
Bird Construction Inc is a construction company operating from coast-to-coast and servicing all of Canada's major markets. The group provides a comprehensive range of construction services from new construction for industrial, commercial, institutional, and civil infrastructure markets, to industrial maintenance, repair and operations services, heavy civil construction, and mine support services. It also provides vertical infrastructure including, electrical, mechanical, and specialty trades. In addition to its commitment to safety, Bird provides services that offer long-term value to its stakeholders.