Weis Markets (Weis Markets) Days Payable

: 18.36 (As of Dec. 2023)

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Weis Markets's average Accounts Payable for the three months ended in Dec. 2023 was $185 Mil. Weis Markets's Cost of Goods Sold for the three months ended in Dec. 2023 was $922 Mil. Hence, Weis Markets's Days Payable for the three months ended in Dec. 2023 was 18.36.

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

WMK' s Days Payable Range Over the Past 10 Years
Min: 20.13 Med: 25.95 Max: 29.68
Current: 20.13

During the past 13 years, Weis Markets's highest Days Payable was 29.68. The lowest was 20.13. And the median was 25.95.

WMK's Days Payable is ranked worse than
89% of 309 companies
in the Retail - Defensive industry
Industry Median: 44.76 vs WMK: 20.13

Weis Markets's Days Payable declined from Dec. 2022 (18.90) to Dec. 2023 (18.36). It may suggest that Weis Markets accelerated paying its suppliers.

Weis Markets Days Payable Historical Data

The historical data trend for Weis Markets'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.

* Premium members only.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 26.05 [6] => 24.37 [7] => 25.85 [8] => 22.10 [9] => 22.35 )

Weis Markets Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

26.05

24.37

25.85

22.10

22.35

Weis Markets Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																18.90	21.55	20.60	17.89	18.36

Competitive Comparison

For the Grocery Stores subindustry, Weis Markets'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.

Weis Markets Days Payable Distribution

For the Retail - Defensive industry and Consumer Defensive sector, Weis Markets's Days Payable distribution charts can be found below:

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

Weis Markets 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.

Weis Markets'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
=	( (206.849	+	226.164)	/	2 )	/	3535.009	*	365
=	216.5065					/	3535.009	*	365
=	22.35

Weis Markets'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
=	( (144.725	+	226.164)	/	2 )	/	921.592	*	365 / 4
=	185.4445					/	921.592	*	365 / 4
=	18.36

Weis Markets Days Payable Related Terms

Thank you for viewing the detailed overview of Weis Markets's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Weis Markets (Weis Markets) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Weis Markets Inc (NYSE:WMK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1000 S. Second Street, P.O. Box 471, Sunbury, PA, USA, 17801-0471

Website

https://www.weismarkets.com

Weis Markets Inc is a U.S.-based company that is principally engaged in retailing food products in Pennsylvania and surrounding states. The company's products consist of center-store goods, fresh goods, pharmacy services, fuel, and other. The center-store goods include groceries, dairy products, frozen foods, alcoholic beverage, and general merchandise items. The fresh goods include meats, seafood, floral, prepared foods, and bakery products. The center-store goods and fresh goods jointly account for the majority of the company's total revenue.

Executives

Robert G. Gleeson	officer: SVP, Merchandising & Marketing	1000 SOUTH 2ND STREET, PO BOX 471, SUNBURY PA 17801
Kurt A Schertle	officer: Sr. VP Merch. and Marketing	1000 SOUTH SECOND STREET, P.O. BOX 471, SUNBURY PA 17801-0471
Michael T Lockard	officer: SVP, CFO and Treasurer	1000 SOUTH 2ND STREET, PO BOX 471, SUNBURY PA 17801
Jennifer Weis	other: Member of a 10% owner group	C/O WEIS MARKETS, INC., 1000 SOUTH SECOND STREET, PO BOX 471, SUNBURY PA 17801
Zeh Richard Gregory Jr	officer: SVP, Chief Information Officer	1000 SOUTH 2ND STREET, PO BOX 471, SUNBURY PA 17801
Scott F Frost	officer: SVP, Chief Financial Officer	1000 SOUTH SECOND STREET, PO BOX 471, SUNBURY PA 17801
Wayne S Bailey	officer: Vice President Grocery Merch.
Jonathan H Weis	director, officer: Vice President and Secretary
Dennis G Hatchell	director	305 GREGSON DRIVE, CARY NC 27511
Gerrald B Silverman	director	207 CROSS STREET, BELMONT MA 02478
Lauth Edward John Iii	director	485 SCENERY DRIVE, STATE COLLEGE PA 16801
Harold G Graber	officer: Vice President Real Estate
Patricia R. Weis Marital Trust	10 percent owner	C/O WEIS MARKETS, INC., 1000 SOUTH, SECOND STREET, P.O. BOX 471, SUNBURY PA 17801
Weis Collen Ross	other: Member of a 10% owner group	C/O WEIS MARKETS, INC., 1000 SOUTH SECOND STREET, PO BOX 471, SUNBURY PA 17801
Kathryn Jane Zox	other: Member of a 10% owner group	1000 SOUTH SECOND STREET, PO BOX 471, SUNBURY PA 17801