Huron Consulting Group (STU:HUR) Days Payable : 4.20 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Huron Consulting Group Days Payable?

Huron Consulting Group's average Accounts Payable for the three months ended in Mar. 2024 was €11 Mil. Huron Consulting Group's Cost of Goods Sold for the three months ended in Mar. 2024 was €240 Mil. Hence, Huron Consulting Group's Days Payable for the three months ended in Mar. 2024 was 4.20.

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

STU:HUR' s Days Payable Range Over the Past 10 Years
Min: 2.53 Med: 5.43 Max: 7.56
Current: 4.02

During the past 13 years, Huron Consulting Group's highest Days Payable was 7.56. The lowest was 2.53. And the median was 5.43.

STU:HUR's Days Payable is ranked worse than
95.12% of 923 companies
in the Business Services industry
Industry Median: 47.5 vs STU:HUR: 4.02

Huron Consulting Group's Days Payable declined from Mar. 2023 (4.61) to Mar. 2024 (4.20). It may suggest that Huron Consulting Group accelerated paying its suppliers.

Huron Consulting Group Days Payable Historical Data

The historical data trend for Huron Consulting Group'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.

Huron Consulting Group Days Payable Chart

Huron Consulting Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

4.87

2.75

3.94

6.07

4.61

Huron Consulting Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															4.61	3.64	3.87	4.16	4.20

Competitive Comparison of Huron Consulting Group's Days Payable

For the Consulting Services subindustry, Huron Consulting Group'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.

Huron Consulting Group's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Huron Consulting Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Huron Consulting Group's Days Payable falls into.

Huron Consulting Group 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.

Huron Consulting Group'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
=	( (13.456	+	9.238)	/	2 )	/	898.167	*	365
=	11.347					/	898.167	*	365
=	4.61

Huron Consulting Group's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (9.238	+	12.846)	/	2 )	/	240.016	*	365 / 4
=	11.042					/	240.016	*	365 / 4
=	4.20

Huron Consulting Group Days Payable Related Terms

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

Huron Consulting Group (STU:HUR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Huron Consulting Group Inc (STU:HUR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HURN:USA

Address

550 West Van Buren Street, Chicago, IL, USA, 60607

Website

https://www.huronconsultinggroup.com

Huron Consulting Group Inc is a professional services firm. The company provides expertise in strategy, technology, operations, advisory services, & analytics through three operating segments namely Healthcare, Education, and Business Advisory. Healthcare segment helps the firms to transform and innovate the delivery model to focus on patient wellness by improving quality outcomes, minimizing care variation and fundamentally improving patient and population health, Education segment provides management consulting and technology solutions, and Business Advisory segment provides services to large and middle-market organizations, not-for-profit organizations, and private equity firms. It generates a majority of its revenue from the Healthcare Segment.

Huron Consulting Group (STU:HUR) Headlines

No Headlines