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Fluor (LTS:0IQC) Days Payable : 26.27 (As of Sep. 2024)


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What is Fluor Days Payable?

Fluor's average Accounts Payable for the three months ended in Sep. 2024 was $1,154 Mil. Fluor's Cost of Goods Sold for the three months ended in Sep. 2024 was $4,006 Mil. Hence, Fluor's Days Payable for the three months ended in Sep. 2024 was 26.27.

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

LTS:0IQC' s Days Payable Range Over the Past 10 Years
Min: 27.15   Med: 29.79   Max: 38.98
Current: 28.2

During the past 13 years, Fluor's highest Days Payable was 38.98. The lowest was 27.15. And the median was 29.79.

LTS:0IQC's Days Payable is ranked worse than
90.34% of 1656 companies
in the Construction industry
Industry Median: 75.77 vs LTS:0IQC: 28.20

Fluor's Days Payable declined from Sep. 2023 (28.91) to Sep. 2024 (26.27). It may suggest that Fluor accelerated paying its suppliers.


Fluor Days Payable Historical Data

The historical data trend for Fluor'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.

Fluor Days Payable Chart

Fluor 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 34.35 35.32 31.11 30.49 27.15

Fluor 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 28.91 29.30 30.90 26.59 26.27

Competitive Comparison of Fluor's Days Payable

For the Engineering & Construction subindustry, Fluor'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.


Fluor's Days Payable Distribution in the Construction Industry

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

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



Fluor 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.

Fluor'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
=( (1017 + 1214) / 2 ) / 14997*365
=1115.5 / 14997*365
=27.15

Fluor'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
=( (1112 + 1195) / 2 ) / 4006*365 / 4
=1153.5 / 4006*365 / 4
=26.27

* 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.


Fluor Days Payable Related Terms

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Fluor Business Description

Traded in Other Exchanges
Address
6700 Las Colinas Boulevard, Irving, TX, USA, 75039
Fluor is one of the largest global providers of engineering, procurement, construction, fabrication, operations, and maintenance services. The firm serves a wide range of end markets including oil and gas, chemicals, mining, metals, and transportation. The company's business is organized into three core segments: urban solutions, mission solutions, and energy solutions. Fluor generated $15.5 billion in revenue in 2023.

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