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Qurate Retail (Qurate Retail) Days Payable : 37.39 (As of Dec. 2023)


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What is Qurate Retail Days Payable?

Qurate Retail's average Accounts Payable for the three months ended in Dec. 2023 was $854 Mil. Qurate Retail's Cost of Goods Sold for the three months ended in Dec. 2023 was $2,084 Mil. Hence, Qurate Retail's Days Payable for the three months ended in Dec. 2023 was 37.39.

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

QRTEA' s Days Payable Range Over the Past 10 Years
Min: 35.34   Med: 47.07   Max: 54.05
Current: 42.41

During the past 13 years, Qurate Retail's highest Days Payable was 54.05. The lowest was 35.34. And the median was 47.07.

QRTEA's Days Payable is ranked worse than
62.04% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.94 vs QRTEA: 42.41

Qurate Retail's Days Payable increased from Dec. 2022 (35.19) to Dec. 2023 (37.39). It may suggest that Qurate Retail delayed paying its suppliers.


Qurate Retail Days Payable Historical Data

The historical data trend for Qurate Retail'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.

Qurate Retail Days Payable Chart

Qurate Retail 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 47.07 47.06 54.05 52.15 47.23

Qurate Retail Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 35.19 45.27 39.89 42.98 37.39

Competitive Comparison of Qurate Retail's Days Payable

For the Internet Retail subindustry, Qurate Retail'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.


Qurate Retail's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Qurate Retail's Days Payable distribution charts can be found below:

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



Qurate Retail 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.

Qurate Retail'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
=( (976 + 895) / 2 ) / 7230*365
=935.5 / 7230*365
=47.23

Qurate Retail'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
=( (813 + 895) / 2 ) / 2084*365 / 4
=854 / 2084*365 / 4
=37.39

* 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.


Qurate Retail Days Payable Related Terms

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


Qurate Retail (Qurate Retail) Business Description

Traded in Other Exchanges
Address
12300 Liberty Boulevard, Englewood, CO, USA, 80112
Qurate Retail Inc, through its subsidiaries, is engaged in the video and online commerce industries. Its segments include QxH, which includes QVC U.S. and HSN market and sell a wide variety of consumer products in the United States, primarily using their televised shopping programs and via the Internet through their websites and mobile applications; QVC International segment markets and sells a wide variety of consumer products in several foreign countries, primarily using its televised shopping programs and via the Internet through its international websites and mobile applications; and Zulily markets and sells a wide variety of consumer products in the United States and several foreign countries. Its geographical segments include the U.S, Japan, Germany, and Other countries.
Executives
Brian J Wendling officer: CAO/PFO 12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Renee L Wilm officer: Chief Legal Officer 12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Albert E Rosenthaler officer: Senior Vice President 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
David Rawlinson officer: President/CEO-Elect C/O NIELSEN HOLDINGS PLC, 85 BROAD ST, NEW YORK NY 10004
Michael A George director
John C Malone director, 10 percent owner, officer: Chairman of the Board 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Andrea L Wong director 12300 LIBERTY BLVD., ENGLEWOOD CO 80112
David E Rapley director 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Gregory B Maffei director, officer: Chief Executive Officer 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Mark C Vadon director 705 FIFTH AVE S STE 900, SEATTLE WA 98104
Fiona P Dias director
Gilchrist Malcolm Ian Grant director 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Richard N Baer officer: SVP, General Counsel
Richard N Barton director C/O IAC, 152 WEST 57TH STREET, NEW YORK NY 10019
Mark D Carleton officer: Chief Financial Officer 12300 LIBERTY BLVD., ENGLEWOOD CO 80112