STRL (Sterling Infrastructure) Days Payable : 33.81 (As of Dec. 2024)

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What is Sterling Infrastructure Days Payable?

Sterling Infrastructure's average Accounts Payable for the three months ended in Dec. 2024 was $145 Mil. Sterling Infrastructure's Cost of Goods Sold for the three months ended in Dec. 2024 was $392 Mil. Hence, Sterling Infrastructure's Days Payable for the three months ended in Dec. 2024 was 33.81.

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

STRL' s Days Payable Range Over the Past 10 Years
Min: 28.64 Med: 35.03 Max: 42.47
Current: 31.79

During the past 13 years, Sterling Infrastructure's highest Days Payable was 42.47. The lowest was 28.64. And the median was 35.03.

STRL's Days Payable is ranked worse than
87.84% of 1677 companies
in the Construction industry
Industry Median: 75.98 vs STRL: 31.79

Sterling Infrastructure's Days Payable declined from Dec. 2023 (34.28) to Dec. 2024 (33.81). It may suggest that Sterling Infrastructure accelerated paying its suppliers.

Sterling Infrastructure Days Payable Historical Data

The historical data trend for Sterling Infrastructure'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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Sterling Infrastructure Days Payable Chart

Sterling Infrastructure Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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40.57

31.34

28.64

29.91

29.85

Sterling Infrastructure 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															34.28	35.32	29.05	31.87	33.81

Competitive Comparison of Sterling Infrastructure's Days Payable

For the Engineering & Construction subindustry, Sterling Infrastructure'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.

Sterling Infrastructure's Days Payable Distribution in the Construction Industry

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

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

Sterling Infrastructure 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.

Sterling Infrastructure'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
=	( (145.968	+	130.42)	/	2 )	/	1689.633	*	365
=	138.194					/	1689.633	*	365
=	29.85

Sterling Infrastructure'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
=	( (160.199	+	130.42)	/	2 )	/	392.156	*	365 / 4
=	145.3095					/	392.156	*	365 / 4
=	33.81

Sterling Infrastructure Days Payable Related Terms

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Sterling Infrastructure Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sterling Infrastructure Inc (NAS:STRL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

UAO:Germany UAO:Germany

Address

1800 Hughes Landing Boulevard, Suite 250, The Woodlands, TX, USA, 77380

Website

https://www.strlco.com

Sterling Infrastructure Inc is a construction company that specializes in heavy civil infrastructure construction and infrastructure rehabilitation as well as residential construction projects. The company operates in three reportable segments namely, Transportation Solutions, E-Infrastructure Solutions, and Building Solution. Transportation Solutions include highways, roads, bridges, airfields, ports, light rail, and others. Building Solution projects include concrete foundations for single-family homes. E-Infrastructure Solutions include the services which are provided to large, blue-chip companies in the e-commerce, data center, distribution center, and warehousing, energy, mixed-use, and multi-family sectors. The majority of the revenue is generated from E-Infrastructure Solutions.

Executives

Mark D. Wolf	officer: General Counsel, Corporate Sec	770 SOUTH POST OAK LANE, SUITE 405, C/O U.S. WELL SERVICES, INC., HOUSTON TX 77056
Dana C. O'brien	director	1111 LOUISIANA STREET, HOUSTON TX 77002
Ronald A Ballschmiede	officer: EVP & CFO	1800 HUGHES LANDING BLVD, SUITE 250, THE WOODLANDS TX 77380
Joseph A Cutillo	officer: Chief Executive Officer	1800 HUGHES LANDING BLVD, SUITE 250, THE WOODLANDS TX 77380
Julie Dill	director	1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Dwayne Andree Wilson	director	6700 LAS COLINAS BOULEVARD, IRVING TX 75039
Roger A Cregg	director	100 BLOOMFIELD HILL PARKWAY, STE 300, BLOOMFIELD HILLS MI 48304
Raymond F Messer	director	1800 HUGHES LANDING BLVD., SUITE 250, THE WOODLANDS TX 77380
Thomas M White	director	C/O APOLLO MANAGEMENT, 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Marian M Davenport	director	1800 HUGHES LANDING BLVD., SUITE 250, THE WOODLANDS TX 77380
Milton L Scott	director
Charles R. Patton	director	1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Richard O Schaum	director	388 WARREN COURT, BIRMINGHAM MI 48009
Craig B Allen	officer: SVP & CHRO/CCO	1800 HUGHES LANDING BLVD, STE 250, THE WOODLANDS TX 77380
Wadsworth Con L	officer: EVP & Chief Operating Officer	1800 HUGHES LANDING BLVD, SUITE 250, THE WOODLANDS TX 77380