George Weston (TSX:WN) Days Payable : 62.61 (As of Dec. 2023)

View and export this data going back to 1929. Start your Free Trial

What is George Weston Days Payable?

George Weston's average Accounts Payable for the three months ended in Dec. 2023 was C$6,778 Mil. George Weston's Cost of Goods Sold for the three months ended in Dec. 2023 was C$9,879 Mil. Hence, George Weston's Days Payable for the three months ended in Dec. 2023 was 62.61.

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

TSX:WN' s Days Payable Range Over the Past 10 Years
Min: 49.76 Med: 59.58 Max: 62.33
Current: 59

During the past 13 years, George Weston's highest Days Payable was 62.33. The lowest was 49.76. And the median was 59.58.

TSX:WN's Days Payable is ranked better than
68.28% of 309 companies
in the Retail - Defensive industry
Industry Median: 43.96 vs TSX:WN: 59.00

George Weston's Days Payable increased from Dec. 2022 (62.37) to Dec. 2023 (62.61). It may suggest that George Weston delayed paying its suppliers.

George Weston Days Payable Historical Data

The historical data trend for George Weston'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.

George Weston Days Payable Chart

George Weston Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

62.33

59.30

59.85

59.93

61.34

George Weston 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															62.37	67.18	61.02	47.01	62.61

Competitive Comparison of George Weston's Days Payable

For the Grocery Stores subindustry, George Weston'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.

George Weston's Days Payable Distribution in the Retail - Defensive Industry

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

* The bar in red indicates where George Weston's Days Payable falls into.

George Weston 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.

George Weston'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
=	( (6730	+	6887)	/	2 )	/	40513	*	365
=	6808.5					/	40513	*	365
=	61.34

George Weston'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
=	( (6669	+	6887)	/	2 )	/	9879	*	365 / 4
=	6778					/	9879	*	365 / 4
=	62.61

George Weston Days Payable Related Terms

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

George Weston (TSX:WN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » George Weston Ltd (TSX:WN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

WNGRF:USA WN.PR.E.PFD:Canada WN.PR.D.PFD:Canada WN.PR.C.PFD:Canada WN.PR.A.PFD:Canada

Address

22 St. Clair Avenue East, Suite 1901, Toronto, ON, CAN, M4T 2S7

Website

https://www.weston.ca

George Weston is a holding company that controls a 53% stake in retailer Loblaw and a 62% stake in Choice Properties, a real estate investment trust. Loblaw boasts the largest retail footprint across Canada with 2,500 food retail and pharmacy stores under banners such as Loblaw, No-Frills, Maxi, and Shoppers Drug Mart. Meanwhile, open-ended Choice Properties REIT owns and manages 702 commercial and residential properties in Canada, generating 57% of its gross rental revenue from its largest tenant Loblaw. Previously, George Weston sold its wholly owned bakery Weston Foods in 2022. The firm is controlled by the Weston family, which owns a 65% stake.

George Weston (TSX:WN) Headlines

No Headlines