Tecnicas Reunidas (XMAD:TRE) Days Payable : 345.13 (As of Sep. 2024)

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What is Tecnicas Reunidas Days Payable?

Tecnicas Reunidas's average Accounts Payable for the three months ended in Sep. 2024 was €3,061 Mil. Tecnicas Reunidas's Cost of Goods Sold for the three months ended in Sep. 2024 was €809 Mil. Hence, Tecnicas Reunidas's Days Payable for the three months ended in Sep. 2024 was 345.13.

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

XMAD:TRE' s Days Payable Range Over the Past 10 Years
Min: 125.91 Med: 250.01 Max: 430.56
Current: 336.62

During the past 13 years, Tecnicas Reunidas's highest Days Payable was 430.56. The lowest was 125.91. And the median was 250.01.

XMAD:TRE's Days Payable is ranked better than
90.4% of 1656 companies
in the Construction industry
Industry Median: 75.77 vs XMAD:TRE: 336.62

Tecnicas Reunidas's Days Payable declined from Sep. 2023 (379.22) to Sep. 2024 (345.13). It may suggest that Tecnicas Reunidas accelerated paying its suppliers.

Tecnicas Reunidas Days Payable Historical Data

The historical data trend for Tecnicas Reunidas'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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Tecnicas Reunidas Days Payable Chart

Tecnicas Reunidas Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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261.03

374.92

430.56

193.82

125.91

Tecnicas Reunidas 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															379.22	321.20	267.75	349.75	345.13

Competitive Comparison of Tecnicas Reunidas's Days Payable

For the Engineering & Construction subindustry, Tecnicas Reunidas'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.

Tecnicas Reunidas's Days Payable Distribution in the Construction Industry

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

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

Tecnicas Reunidas 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.

Tecnicas Reunidas'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
=	( (1035.95	+	1053.705)	/	2 )	/	3028.767	*	365
=	1044.8275					/	3028.767	*	365
=	125.91

Tecnicas Reunidas'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
=	( (3066.815	+	3054.2)	/	2 )	/	809.186	*	365 / 4
=	3060.5075					/	809.186	*	365 / 4
=	345.13

Tecnicas Reunidas Days Payable Related Terms

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Tecnicas Reunidas Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Tecnicas Reunidas SA (XMAD:TRE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TNISF:USA 0MKT:UK T5R:Germany TRE:Austria

Address

Arapiles Street, 14, Madrid, ESP, 28015

Website

http://www.tecnicasreunidas.es

Tecnicas Reunidas SA is a general contracting company. It engages in engineering, design and construction of industrial facilities for international customers including principal national oil companies and multinational companies. The firm's majority of business is focused on large turnkey industrial projects and it also offers engineering, management, start-up and operating services for industrial plants. Its business areas are oil and gas, power, infrastructures and industries. The company mainly operates in Spain, Middle East, Latin America, Asia and the Mediterranean region.

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