StorageVault Canada (TSX:SVI) Days Payable : 75.31 (As of Mar. 2024)

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What is StorageVault Canada Days Payable?

StorageVault Canada's average Accounts Payable for the three months ended in Mar. 2024 was C$22.4 Mil. StorageVault Canada's Cost of Goods Sold for the three months ended in Mar. 2024 was C$27.1 Mil. Hence, StorageVault Canada's Days Payable for the three months ended in Mar. 2024 was 75.31.

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

TSX:SVI' s Days Payable Range Over the Past 10 Years
Min: 43.52 Med: 82.85 Max: 121.61
Current: 85.07

During the past 13 years, StorageVault Canada's highest Days Payable was 121.61. The lowest was 43.52. And the median was 82.85.

TSX:SVI's Days Payable is ranked worse than
53.86% of 1580 companies
in the Real Estate industry
Industry Median: 98.245 vs TSX:SVI: 85.07

StorageVault Canada's Days Payable declined from Mar. 2023 (79.73) to Mar. 2024 (75.31). It may suggest that StorageVault Canada accelerated paying its suppliers.

StorageVault Canada Days Payable Historical Data

The historical data trend for StorageVault Canada'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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StorageVault Canada Days Payable Chart

StorageVault Canada Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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80.76

110.73

97.31

83.74

81.96

StorageVault Canada Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															79.73	94.42	91.33	81.07	75.31

Competitive Comparison of StorageVault Canada's Days Payable

For the Real Estate Services subindustry, StorageVault Canada'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.

StorageVault Canada's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, StorageVault Canada's Days Payable distribution charts can be found below:

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

StorageVault Canada 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.

StorageVault Canada'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
=	( (20.86	+	21.861)	/	2 )	/	95.132	*	365
=	21.3605					/	95.132	*	365
=	81.96

StorageVault Canada's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (21.861	+	22.953)	/	2 )	/	27.148	*	365 / 4
=	22.407					/	27.148	*	365 / 4
=	75.31

StorageVault Canada Days Payable Related Terms

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StorageVault Canada (TSX:SVI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » StorageVault Canada Inc (TSX:SVI) » Definitions » Days Payable

Comparable Companies

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SVAUF:USA

Address

100 Canadian Road, Toronto, ON, CAN, M1R 4Z5

Website

http://www.storagevaultcanada.com

StorageVault Canada Inc is engaged in the business of owning, operating, and leasing storage to individual and commercial customers across Canada. The company operates through three segments. Its Self Storage segment consists of renting space at the company's property for short or long-term storage which also includes space for storing vehicles and use for small commercial operations. The Portable Storage segment involves delivering a portable storage unit to the customer. The Management Division involves revenues generated from the management of stores owned by third parties. It generates maximum revenue from the Self Storage segment.

Executives

Alan Arthur Simpson

Director

StorageVault Canada (TSX:SVI) Headlines

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