WeWork (WeWork) Days Payable : 55.94 (As of Sep. 2023)

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What is WeWork Days Payable?

WeWork's average Accounts Payable for the three months ended in Sep. 2023 was $442 Mil. WeWork's Cost of Goods Sold for the three months ended in Sep. 2023 was $721 Mil. Hence, WeWork's Days Payable for the three months ended in Sep. 2023 was 55.94.

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

WEWKQ' s Days Payable Range Over the Past 10 Years
Min: 60.82 Med: 72.66 Max: 73.47
Current: 60.82

During the past 5 years, WeWork's highest Days Payable was 73.47. The lowest was 60.82. And the median was 72.66.

WEWKQ's Days Payable is ranked worse than
63.18% of 1570 companies
in the Real Estate industry
Industry Median: 97.275 vs WEWKQ: 60.82

WeWork's Days Payable declined from Sep. 2022 (62.00) to Sep. 2023 (55.94). It may suggest that WeWork accelerated paying its suppliers.

WeWork Days Payable Historical Data

The historical data trend for WeWork'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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WeWork Days Payable Chart

WeWork Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

73.47

71.84

WeWork Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial										62.00	65.49	64.34	59.78	55.94

Competitive Comparison of WeWork's Days Payable

For the Real Estate Services subindustry, WeWork'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.

WeWork's Days Payable Distribution in the Real Estate Industry

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

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

WeWork 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.

WeWork'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
=	( (621	+	526)	/	2 )	/	2914	*	365
=	573.5					/	2914	*	365
=	71.84

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

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (455	+	429)	/	2 )	/	721	*	365 / 4
=	442					/	721	*	365 / 4
=	55.94

WeWork Days Payable Related Terms

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WeWork (WeWork) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » WeWork Inc (OTCPK:WEWKQ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

75 Rockefeller Plaza, 10th floor, New York, NY, USA, 10019

Website

https://www.wework.com

WeWork Inc is a commercial real estate company that provides flexible workspaces for technology startups and services for other enterprises. It designs and builds physical and virtual shared spaces and office services for entrepreneurs and companies. The company's revenue categories are; Membership revenue consists of fees from members, net of discounts for the access to office space provided, and Service revenue consists of additional billings to members for the ancillary services provided through their memberships in excess of monthly allowances included in membership revenue, commissions earned by the Company on various services.

Executives

Kurt Wehner	officer: Principal Accounting Officer	1 DISCOVERY PLACE, SILVER SPRING MD 20910
Benchmark Capital Management Co. Vii, L.l.c.	10 percent owner	2965 WOODSIDE ROAD, WOODSIDE CA 94062
Bruce Dunlevie	director	2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Elizabeth A. Lapuma	director	520 LAKE COOK ROAD, SUITE 315, DEERFIELD IL 60015
Henry S Miller	director	AMERICAN INTERNATIONAL GROUP, INC., 70 PINE STREET, NEW YORK NY 10270
Paul Aronzon	director	13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Paul Keglevic	director	STELLUS CAPITAL, 10000 MEMORIAL DRIVE STE 500, HOUSTON TX 77024
Softbank Group Corp	10 percent owner	1-7-1 KAIGAN, MINATO-KU, TOKYO M0 105-7537
Pamela Swidler	officer: See Remarks	177 9TH AVENUE, APT. 3C, NEW YORK NY 10011
David Tolley	director	C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Vikas Jayendra Parekh	director	C/O SYMBOTIC INC., 200 RESEARCH DRIVE, WILMINGTON MA 01887
Sandeep Mathrani	director, officer: Chief Executive Officer
Andre J Fernandez	officer: Chief Financial Officer	333 WEST STATE STREET, MILWAUKEE WI 53203
Alex Clavel	director	PO BOX 1093, BOUNDARY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Daniel B Hurwitz	director	3300 ENTERPRISES PARKWAY, BEACHWOOD OH 44122