CCIPA.PFD (Crown Castle International) Days Payable : 42.15 (As of Sep. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Crown Castle International Days Payable?

Crown Castle International's average Accounts Payable for the three months ended in Sep. 2024 was $212.50 Mil. Crown Castle International's Cost of Goods Sold for the three months ended in Sep. 2024 was $460.00 Mil. Hence, Crown Castle International's Days Payable for the three months ended in Sep. 2024 was 42.15.

The historical rank and industry rank for Crown Castle International's Days Payable or its related term are showing as below:

CCIpA.PFD' s Days Payable Range Over the Past 10 Years
Min: 42.54 Med: 44.73 Max: 59.45
Current: 44.05

During the past 13 years, Crown Castle International's highest Days Payable was 59.45. The lowest was 42.54. And the median was 44.73.

CCIpA.PFD's Days Payable is ranked worse than
73.8% of 561 companies
in the REITs industry
Industry Median: 107.27 vs CCIpA.PFD: 44.05

Crown Castle International's Days Payable declined from Sep. 2023 (42.71) to Sep. 2024 (42.15). It may suggest that Crown Castle International accelerated paying its suppliers.

Crown Castle International Days Payable Historical Data

The historical data trend for Crown Castle International'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.

Crown Castle International Days Payable Chart

Crown Castle International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

59.45

52.28

43.59

42.54

44.98

Crown Castle International 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															42.71	47.04	46.02	43.84	42.15

Competitive Comparison of Crown Castle International's Days Payable

For the REIT - Specialty subindustry, Crown Castle International'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.

Crown Castle International's Days Payable Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Crown Castle International's Days Payable distribution charts can be found below:

* The bar in red indicates where Crown Castle International's Days Payable falls into.

Crown Castle International 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.

Crown Castle International'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
=	( (236	+	252)	/	2 )	/	1980	*	365
=	244					/	1980	*	365
=	44.98

Crown Castle International'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
=	( (225	+	200)	/	2 )	/	460	*	365 / 4
=	212.5					/	460	*	365 / 4
=	42.15

Crown Castle International Days Payable Related Terms

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

Crown Castle International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Crown Castle International Corp (NYSE:CCIpA.PFD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CCI:USA CCI1:Mexico 0I4W:UK 8CW:Germany 8CW:Germany C1CI34:Brazil CCIN:Austria

Address

8020 Katy Freeway, Houston, TX, USA, 77024-1908

Website

https://www.crowncastle.com

Crown Castle International owns and leases roughly 40,000 cell towers in the United States. It also owns more than 90,000 route miles of fiber. It leases space on its towers to wireless service providers, which install equipment on the towers to support their wireless networks. The company's fiber is primarily leased by wireless service providers to set up small-cell network infrastructure and by enterprises for their internal connection needs. Crown Castle's towers and fiber are predominantly located in the largest us cities. The company has a very concentrated customer base, with about 75% of its revenue coming from the big three us mobile carriers. Crown Castle operates as a real estate investment trust.