SNDL (SNDL) Days Payable : 10.52 (As of Dec. 2023)

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What is SNDL Days Payable?

SNDL's average Accounts Payable for the three months ended in Dec. 2023 was $16.4 Mil. SNDL's Cost of Goods Sold for the three months ended in Dec. 2023 was $142.5 Mil. Hence, SNDL's Days Payable for the three months ended in Dec. 2023 was 10.52.

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

SNDL' s Days Payable Range Over the Past 10 Years
Min: 4.53 Med: 25.27 Max: 272.79
Current: 7.82

During the past 7 years, SNDL's highest Days Payable was 272.79. The lowest was 4.53. And the median was 25.27.

SNDL's Days Payable is ranked worse than
99.51% of 205 companies
in the Beverages - Alcoholic industry
Industry Median: 80.27 vs SNDL: 7.82

SNDL's Days Payable increased from Dec. 2022 (4.53) to Dec. 2023 (10.52). It may suggest that SNDL delayed paying its suppliers.

SNDL Days Payable Historical Data

The historical data trend for SNDL'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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SNDL Days Payable Chart

SNDL Annual Data

Trend

Feb17

Feb18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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272.79

40.40

25.27

4.53

8.05

SNDL 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															4.53	5.29	-	-	10.52

Competitive Comparison of SNDL's Days Payable

For the Beverages - Wineries & Distilleries subindustry, SNDL'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.

SNDL's Days Payable Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, SNDL's Days Payable distribution charts can be found below:

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

SNDL 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.

SNDL'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
=	( (7.195	+	16.424)	/	2 )	/	535.623	*	365
=	11.8095					/	535.623	*	365
=	8.05

SNDL'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
=	( (0	+	16.424)	/	1 )	/	142.452	*	365 / 4
=	16.424					/	142.452	*	365 / 4
=	10.52

SNDL Days Payable Related Terms

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SNDL (SNDL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » SNDL Inc (NAS:SNDL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

VY4:Germany VY4:Germany VY4:Germany

Address

919-11 Avenue South West, Suite 300, Calgary, AB, CAN, T2R 1P3

Website

https://www.sndl.com

SNDL Inc is the largest private-sector liquor and cannabis retailer in Canada with retail banners that include Ace Liquor, Wine and Beyond, Liquor Depot, Value Buds, and Spiritleaf. Principal activities of the company are the retailing of wines, beers and spirits. It comprised of four reportable segments: liquor retail, cannabis retail, cannabis operations, and investments. Liquor retail includes the sale of wines, beers and spirits through owned liquor stores. Company generates maximum revenue from liquor retail.