Wajax (WJXFF) Days Payable : 61.71 (As of Dec. 2023)

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What is Wajax Days Payable?

Wajax's average Accounts Payable for the three months ended in Dec. 2023 was $215 Mil. Wajax's Cost of Goods Sold for the three months ended in Dec. 2023 was $319 Mil. Hence, Wajax's Days Payable for the three months ended in Dec. 2023 was 61.71.

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

WJXFF' s Days Payable Range Over the Past 10 Years
Min: 39.43 Med: 58.08 Max: 69.75
Current: 68.88

During the past 13 years, Wajax's highest Days Payable was 69.75. The lowest was 39.43. And the median was 58.08.

WJXFF's Days Payable is ranked better than
68.53% of 143 companies
in the Industrial Distribution industry
Industry Median: 52.1 vs WJXFF: 68.88

Wajax's Days Payable declined from Dec. 2022 (61.84) to Dec. 2023 (61.71). It may suggest that Wajax accelerated paying its suppliers.

Wajax Days Payable Historical Data

The historical data trend for Wajax'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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Wajax Days Payable Chart

Wajax Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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56.44

58.28

51.68

61.55

61.61

Wajax 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															61.84	72.33	68.91	79.98	61.71

Competitive Comparison of Wajax's Days Payable

For the Industrial Distribution subindustry, Wajax'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.

Wajax's Days Payable Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Wajax's Days Payable distribution charts can be found below:

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

Wajax 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.

Wajax'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
=	( (226.895	+	201.885)	/	2 )	/	1270.158	*	365
=	214.39					/	1270.158	*	365
=	61.61

Wajax'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
=	( (229.061	+	201.885)	/	2 )	/	318.614	*	365 / 4
=	215.473					/	318.614	*	365 / 4
=	61.71

Wajax Days Payable Related Terms

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

Wajax (WJXFF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Wajax Corp (OTCPK:WJXFF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

WJX:Canada

Address

2250 Argentia Road, Mississauga, ON, CAN, L5N 6A5

Website

https://www.wajax.com

Wajax Corp operates an integrated distribution system, providing sales, parts and services to a broad range of customers in diversified sectors of the Canadian economy, including: construction, forestry, mining, industrial and commercial, oil sands, transportation, metal processing, government and utilities, and oil and gas.

Wajax (WJXFF) Headlines

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