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Atlas (ATCO) Days Payable : 0.00 (As of Jun. 2023)


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What is Atlas Days Payable?

Atlas's average Accounts Payable for the three months ended in Jun. 2023 was $290 Mil. Atlas's Cost of Goods Sold for the three months ended in Jun. 2023 was $0 Mil.

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

ATCO' s Days Payable Range Over the Past 10 Years
Min: 80.85   Med: 88.28   Max: 294.17
Current: 294.17

During the past 13 years, Atlas's highest Days Payable was 294.17. The lowest was 80.85. And the median was 88.28.

ATCO's Days Payable is not ranked
in the Asset Management industry.
Industry Median: 67.07 vs ATCO: 294.17

Atlas's Days Payable declined from Jun. 2022 (182.55) to Jun. 2023 (0.00). It may suggest that Atlas accelerated paying its suppliers.


Atlas Days Payable Historical Data

The historical data trend for Atlas'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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Atlas Days Payable Chart

Atlas Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 80.85 92.28 110.09 133.63 146.61

Atlas Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 182.55 194.79 153.92 195.92 -

Competitive Comparison of Atlas's Days Payable

For the Asset Management subindustry, Atlas'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.


Atlas's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Atlas's Days Payable distribution charts can be found below:

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



Atlas 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.

Atlas's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (140.1 + 143.8) / 2 ) / 353.4*365
=141.95 / 353.4*365
=146.61

Atlas's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2023 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (235.8 + 343.7) / 2 ) / 0*365 / 4
=289.75 / 0*365 / 4
=N/A

* 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.


Atlas Days Payable Related Terms

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Atlas (ATCO) Business Description

Traded in Other Exchanges
Address
23 Berkeley Square, London, GBR, W1J 6HE
Atlas Corp is a global asset manager that owns and operates the businesses in which it invests while focusing on deploying capital across multiple verticals to create sustainable value and quality growth opportunities for its shareholders. The company has two business segments: Containership leasing and Mobile power generation. The containership leasing segment owns and operates a fleet of containerships that are chartered primarily pursuant to long-term, fixed-rate charters. The mobile power generation segment owns and operates a fleet of power generation assets, including gas turbines and other equipment, and provides power solutions to customers. Majority of revenue is generated from The Containership Leasing segment.