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FIX (Comfort Systems USA) Days Payable : 40.04 (As of Dec. 2024)


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What is Comfort Systems USA Days Payable?

Comfort Systems USA's average Accounts Payable for the three months ended in Dec. 2024 was $629 Mil. Comfort Systems USA's Cost of Goods Sold for the three months ended in Dec. 2024 was $1,434 Mil. Hence, Comfort Systems USA's Days Payable for the three months ended in Dec. 2024 was 40.04.

The historical rank and industry rank for Comfort Systems USA's Days Payable or its related term are showing as below:

FIX' s Days Payable Range Over the Past 10 Years
Min: 29.72   Med: 31.98   Max: 37.17
Current: 37.17

During the past 13 years, Comfort Systems USA's highest Days Payable was 37.17. The lowest was 29.72. And the median was 31.98.

FIX's Days Payable is ranked worse than
82.93% of 1658 companies
in the Construction industry
Industry Median: 76.465 vs FIX: 37.17

Comfort Systems USA's Days Payable increased from Dec. 2023 (36.45) to Dec. 2024 (40.04). It may suggest that Comfort Systems USA delayed paying its suppliers.


Comfort Systems USA Days Payable Historical Data

The historical data trend for Comfort Systems USA'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.

Comfort Systems USA Days Payable Chart

Comfort Systems USA 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 31.63 33.36 31.80 32.78 35.34

Comfort Systems USA Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 36.45 35.99 36.22 38.08 40.04

Competitive Comparison of Comfort Systems USA's Days Payable

For the Engineering & Construction subindustry, Comfort Systems USA'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.


Comfort Systems USA's Days Payable Distribution in the Construction Industry

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

* The bar in red indicates where Comfort Systems USA's Days Payable falls into.


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Comfort Systems USA 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.

Comfort Systems USA'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
=( (419.962 + 654.943) / 2 ) / 5551.065*365
=537.4525 / 5551.065*365
=35.34

Comfort Systems USA's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (603.546 + 654.943) / 2 ) / 1434.066*365 / 4
=629.2445 / 1434.066*365 / 4
=40.04

* 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.


Comfort Systems USA Days Payable Related Terms

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Comfort Systems USA Business Description

Traded in Other Exchanges
Address
675 Bering Drive, Suite 400, Houston, TX, USA, 77057
Comfort Systems USA Inc provides comprehensive mechanical contracting services, including heating, ventilation, & air conditioning, or HVAC; plumbing; piping & controls; construction; and other electrical components. Projects are mainly for commercial, industrial, & institutional buildings, & tend to be geared toward HVAC. Revenue is roughly split between installation services for newly constructed facilities & maintenance services for existing buildings. The company installs & repairs products and systems throughout the United States. It operates in two segments, Mechanical services & Electrical services, the majority is from the Mechanical services segment.
Executives
T Mckenna Trent officer: VP, General Counsel & Secy C/O COMFORT SYSTEMS USA, INC., 675 BERING DRIVE, SUITE 400, HOUSTON TX 77057
Brian E. Lane officer: President / CEO COMFORT SYSTEMS USA, INC., 675 BERING DRIVE, SUITE 400, HOUSTON TX 77057
William Iii George officer: Chief Financial Officer 675 BERING DRIVE, SUITE 400, HOUSTON TX 77057
Pablo G. Mercado, director 920 MEMORIAL CITY WAY, SUITE 800, HOUSTON TX 77024
Franklin Myers director C/O CAMERON INT'L CORPORATION, 1333 WEST LOOP S. #1700, HOUSTON TX 77027
Vance W Tang director C/O KONE INC., 4225 NAPERVILLE ROAD, SUITE 400, LISLE IL 60532
Julie Shaeff officer: Chief Accounting Officer COMFORT SYSTEMS USA, INC., 675 BERING DRIVE, SUITE 400, HOUSTON TX 77057
Darcy Anderson director C/O PEROT SYSTEMS CORP, 2300 WEST PLANO PKWY, PLANO TX 75075
Herman E Bulls director JONES LANG LASALLE, 1801 K STREET NW SUITE 1000, WASHINGTON DC 20006
Skidmore Constance Ellen director 675 BERING DRIVE, SUITE 400, HOUSTON TX 77057
Rhoman J Hardy director 2828 N. HARWOOD ST., SUITE 1300, DALLAS TX 75201
William J Sandbrook director C/O U.S. CONCRETE, INC., 331 N. MAIN STREET, EULESS TX 76039
Laura Finley Howell officer: VP, General Counsel, Secretary 675 BERING DRIVE SUITE 400, HOUSTON TX 77057
Cindy L. Wallis-lage director C/O COMFORT SYSTEMS USA, INC., 675 BERING DRIVE, SUITE 400, HOUSTON TX 77057
Alan Krusi director AECOM, 555 SOUTH FLOWER ST. 37TH FLOOR, LOS ANGELES CA 90071