Construction Partners (FRA:CQY) Days Payable : 32.35 (As of Dec. 2024)

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What is Construction Partners Days Payable?

Construction Partners's average Accounts Payable for the three months ended in Dec. 2024 was €164 Mil. Construction Partners's Cost of Goods Sold for the three months ended in Dec. 2024 was €463 Mil. Hence, Construction Partners's Days Payable for the three months ended in Dec. 2024 was 32.35.

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

FRA:CQY' s Days Payable Range Over the Past 10 Years
Min: 31.83 Med: 36.44 Max: 38.93
Current: 33.64

During the past 9 years, Construction Partners's highest Days Payable was 38.93. The lowest was 31.83. And the median was 36.44.

FRA:CQY's Days Payable is ranked worse than
86.48% of 1671 companies
in the Construction industry
Industry Median: 76.84 vs FRA:CQY: 33.64

Construction Partners's Days Payable declined from Dec. 2023 (37.92) to Dec. 2024 (32.35). It may suggest that Construction Partners accelerated paying its suppliers.

Construction Partners Days Payable Historical Data

The historical data trend for Construction Partners'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.

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Construction Partners Days Payable Chart

Construction Partners Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Days Payable

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38.53

34.86

31.90

38.98

39.64

Construction Partners 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															37.92	37.42	31.39	34.78	32.35

Competitive Comparison of Construction Partners's Days Payable

For the Engineering & Construction subindustry, Construction Partners'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.

Construction Partners's Days Payable Distribution in the Construction Industry

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

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

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Construction Partners 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.

Construction Partners's Days Payable for the fiscal year that ended in Sep. 2024 is calculated as

	Days Payable (A: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2023 )	+	Accounts Payable (A: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2024 )	*	Days in Period
=	( (141.867	+	164.497)	/	2 )	/	1410.637	*	365
=	153.182					/	1410.637	*	365
=	39.64

Construction Partners'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
=	( (164.497	+	163.886)	/	2 )	/	463.184	*	365 / 4
=	164.1915					/	463.184	*	365 / 4
=	32.35

Construction Partners Days Payable Related Terms

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Construction Partners Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Construction Partners Inc (FRA:CQY) » Definitions » Days Payable

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Traded in Other Exchanges

ROAD:USA

Address

290 Healthwest Drive, Suite 2, Dothan, AL, USA, 36303

Website

https://www.constructionpartners.net

Construction Partners Inc operates as a civil infrastructure company. It specializes in the construction and maintenance of roadways. The company through its subsidiaries, provides various products and services to both public and private infrastructure projects, with an emphasis on highways, roads, bridges, airports, and commercial and residential developments. Its operations consist of manufacturing and distributing hot mix asphalt, paving activities, including the construction of roadway base layers and application of asphalt pavement, site development, including the installation of utility and drainage systems, and others. The company has a single segment which predominantly consists of infrastructure and road construction, and operates across various states in the United States.

Construction Partners Headlines

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