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AWK (American Water Works Co) Days Payable : 43.60 (As of Sep. 2024)


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What is American Water Works Co Days Payable?

American Water Works Co's average Accounts Payable for the three months ended in Sep. 2024 was $237 Mil. American Water Works Co's Cost of Goods Sold for the three months ended in Sep. 2024 was $496 Mil. Hence, American Water Works Co's Days Payable for the three months ended in Sep. 2024 was 43.60.

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

AWK' s Days Payable Range Over the Past 10 Years
Min: 29.38   Med: 45.17   Max: 58.15
Current: 49.46

During the past 13 years, American Water Works Co's highest Days Payable was 58.15. The lowest was 29.38. And the median was 45.17.

AWK's Days Payable is ranked worse than
63.22% of 484 companies
in the Utilities - Regulated industry
Industry Median: 68.005 vs AWK: 49.46

American Water Works Co's Days Payable declined from Sep. 2023 (49.60) to Sep. 2024 (43.60). It may suggest that American Water Works Co accelerated paying its suppliers.


American Water Works Co Days Payable Historical Data

The historical data trend for American Water Works 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.

American Water Works Co Days Payable Chart

American Water Works Co 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 44.68 44.11 43.55 56.16 58.15

American Water Works Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 49.60 50.46 57.58 47.66 43.60

Competitive Comparison of American Water Works Co's Days Payable

For the Utilities - Regulated Water subindustry, American Water Works 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.


American Water Works Co's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, American Water Works Co's Days Payable distribution charts can be found below:

* The bar in red indicates where American Water Works Co's Days Payable falls into.



American Water Works 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.

American Water Works 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
=( (254 + 294) / 2 ) / 1720*365
=274 / 1720*365
=58.15

American Water Works Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (215 + 259) / 2 ) / 496*365 / 4
=237 / 496*365 / 4
=43.60

* 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.


American Water Works Co Days Payable Related Terms

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American Water Works Co Business Description

Address
1 Water Street, Camden, NJ, USA, 08102-1658
American Water Works is the largest investor-owned us water and wastewater utility, serving approximately 3.5 million customers in 16 states. It provides water and wastewater services to residential, commercial, and industrial customers and operates predominantly in regulated markets. The company's nonregulated business is water services for military bases, which operates under long-term contracts with regulated-like returns.
Executives
Cheryl Norton officer: SVP,Chief Envrn Off & East Div 1 WATER STREET, CAMDEN NJ 08102-1658
Martha Clark Goss director C/O OCWEN FINANCIAL CORPORATION, 1661 WORTHINGTON RD, SUITE 100, WEST PALM BEACH FL 33409
Melanie M Kennedy officer: SVP, Human Resources 1 WATER STREET, CAMDEN NJ 08102-1658
Michael Marberry director 3050 SPRUCE STREET, ST. LOUIS MO 63103
Laurie P. Havanec director ONE CARRIER PLACE, FARMINGTON CT 06032
John C. Griffith officer: EVP Chief Financial Officer 1 WATER STREET, CAMDEN NJ 08102-1658
James H Gallegos officer: EVP and General Counsel 1 WATER STREET, CAMDEN NJ 08102-1658
Melissa K. Wikle officer: Vice President and Controller 1 WATER STREET, CAMDEN NJ 08102-1658
Walter Lynch officer: Executive VP, Eastern Division 1 WATER STREET, CAMDEN NJ 08102-1658
Maureen Duffy officer: VP,Corp.Comm.&External Affairs 1 WATER STREET, CAMDEN NJ 08102-1658
Adam W. Noble officer: Chief Tech. & Innov. Officer 1 WATER STREET, CAMDEN NJ 08102-1658
Lloyd M Yates director 1N 2ND ST, HARTSVILLE SC 29550
Bruce A Hauk officer: Pres, Reg. Ops & Military Serv 110 W. TAYLOR STREET, SAN JOSE CA 95110
Kevin B Kirwan officer: SVP, Chief Op Excel&Safety Off 1 WATER STREET, CAMDEN NJ 08102-1658
Michael A Sgro officer: Interim General Counsel 1 WATER STREET, CAMDEN NJ 08102-1658