TELUS (TU) Days Payable : 42.71 (As of Dec. 2023)

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What is TELUS Days Payable?

TELUS's average Accounts Payable for the three months ended in Dec. 2023 was $728 Mil. TELUS's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,555 Mil. Hence, TELUS's Days Payable for the three months ended in Dec. 2023 was 42.71.

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

TU' s Days Payable Range Over the Past 10 Years
Min: 30.81 Med: 53.61 Max: 94.19
Current: 49.84

During the past 13 years, TELUS's highest Days Payable was 94.19. The lowest was 30.81. And the median was 53.61.

TU's Days Payable is ranked worse than
74.71% of 348 companies
in the Telecommunication Services industry
Industry Median: 102.07 vs TU: 49.84

TELUS's Days Payable declined from Dec. 2022 (56.93) to Dec. 2023 (42.71). It may suggest that TELUS accelerated paying its suppliers.

TELUS Days Payable Historical Data

The historical data trend for TELUS'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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TELUS Days Payable Chart

TELUS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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47.03

50.16

56.32

68.55

57.16

TELUS 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															56.93	57.16	45.32	47.10	42.71

Competitive Comparison of TELUS's Days Payable

For the Telecom Services subindustry, TELUS'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.

TELUS's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, TELUS's Days Payable distribution charts can be found below:

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

TELUS 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.

TELUS'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
=	( (1017.298	+	742.397)	/	2 )	/	5617.919	*	365
=	879.8475					/	5617.919	*	365
=	57.16

TELUS'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
=	( (713.177	+	742.397)	/	2 )	/	1554.86	*	365 / 4
=	727.787					/	1554.86	*	365 / 4
=	42.71

TELUS Days Payable Related Terms

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TELUS (TU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » TELUS Corp (NYSE:TU) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BCZ:Germany T:Canada

Address

510 West Georgia Street, 23rd Floor, Vancouver, BC, CAN, V6B 0M3

Website

https://www.telus.com

Telus is one of the Big Three wireless service providers in Canada, with its nearly 10 million mobile phone subscribers nationwide constituting about 30% of the total market. It is the incumbent local exchange carrier in the western Canadian provinces of British Columbia and Alberta, where it provides internet, television, and landline phone services. It also has a small wireline presence in eastern Quebec. Mostly because of recent acquisitions, more than 20% of Telus' sales now come from nontelecom businesses, most notably in the international business services, health, security, and agriculture industries. The firm has a 55% economic stake in Telus International.