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Charter Communications (Charter Communications) Days Payable

: 16.75 (As of Dec. 2023)
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Charter Communications's average Accounts Payable for the three months ended in Dec. 2023 was $851 Mil. Charter Communications's Cost of Goods Sold for the three months ended in Dec. 2023 was $4,637 Mil. Hence, Charter Communications's Days Payable for the three months ended in Dec. 2023 was 16.75.

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

CHTR' s Days Payable Range Over the Past 10 Years
Min: 6.5   Med: 10.03   Max: 11.55
Current: 10.85

During the past 13 years, Charter Communications's highest Days Payable was 11.55. The lowest was 6.50. And the median was 10.03.

CHTR's Days Payable is ranked worse than
96.53% of 346 companies
in the Telecommunication Services industry
Industry Median: 104.505 vs CHTR: 10.85

Charter Communications's Days Payable increased from Dec. 2022 (16.37) to Dec. 2023 (16.75). It may suggest that Charter Communications delayed paying its suppliers.


Charter Communications Days Payable Historical Data

The historical data trend for Charter Communications'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.

Charter Communications Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.76 10.51 9.61 10.44 11.55

Charter Communications Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable 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 Premium Member Only Premium Member Only Premium Member Only 16.37 10.24 9.20 8.35 16.75

Competitive Comparison

For the Telecom Services subindustry, Charter Communications'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.


Charter Communications Days Payable Distribution

For the Telecommunication Services industry and Communication Services sector, Charter Communications's Days Payable distribution charts can be found below:

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



Charter Communications 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.

Charter Communications'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
=( (952 + 931) / 2 ) / 29752*365
=941.5 / 29752*365
=11.55

Charter Communications's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (771 + 931) / 2 ) / 4637*365 / 4
=851 / 4637*365 / 4
=16.75

* 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.


Charter Communications Days Payable Related Terms

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Charter Communications (Charter Communications) Business Description

Address
400 Washington Boulevard, Stamford, CT, USA, 06902
Charter is the product of the 2016 merger of three cable companies, each with a decades-long history in the business: Legacy Charter, Time Warner Cable, and Bright House Networks. The firm now holds networks capable of providing television, internet access, and phone services to roughly 56 million U.S. homes and businesses, around 40% of the country. Across this footprint, Charter serves 30 million residential and 2 million commercial customer accounts under the Spectrum brand, making it the second-largest U.S. cable company behind Comcast. The firm also owns, in whole or in part, sports and news networks, including Spectrum SportsNet (long-term local rights to Los Angeles Lakers games), SportsNet LA (Los Angeles Dodgers), SportsNet New York (New York Mets), and Spectrum News NY1.
Executives
Thomas Rutledge director, officer: President and CEO 400 WASHINGTON BLVD., STAMFORD CT 06902
Jamal H Haughton officer: EVP/Gen Counsel/Corp Secretary TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Gregory B Maffei director 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Craig A Jacobson director C/O EXPEDIA, INC., 333 108TH AVENUE NE, BELLEVUE WA 98004
Richard Adam Ray officer: EVP, Chief Commercial Officer 400 WASHINGTON BLVD, STAMFORD CT 06902
Steven A Miron director DISCOVERY COMMUNICATIONS, INC., 1 DISCOVERY PLACE, SILVER SPRING MD 20910
Eric Louis Zinterhofer director C/O SEARCHLIGHT CAPITAL PARTNERS GP, LP, 745 FIFTH AVENUE, 27TH FLOOR, NEW YORK NY 10151
Jonathan Hargis officer: EVP/Chief Marketing Officer 400 WASHINGTON BLVD., STAMFORD CT 06902
Jessica M Fischer officer: Chief Financial Officer 400 WASHINGTON BLVD., STAMFORD CT 06902
John Bickham officer: EVP/Chief Operating Officer 12405 POWERSCOURT DRIVE, ST. LOUIS MO 63131
Richard R Dykhouse officer: SVP/Gen Counsel/Corp Secretary 12405 POWERSCOURT DRIVE, ST. LOUIS MO 63131
David C Merritt director CHARTER COMMUNICATIONS INC, 12405 POWERSCOURT DRIVE, ST LOUIS MO 63131
David Ellen officer: Senior Executive VicePresident 1111 STEWART AVENUE, BETHPAGE NY 11714
Balan Nair director 901 EXPLORER BOULEVARD, HUNTSVILLE AL 35806
Christopher L Winfrey officer: EVP/Chief Financial Officer CHARTER COMMUNICATIONS, INC., 12405 POWERSCOURT DRIVE, ST. LOUIS MO 63131