Tesco (TSCDY) Days Payable : 60.13 (As of Feb. 2024)

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What is Tesco Days Payable?

Tesco's average Accounts Payable for the six months ended in Feb. 2024 was $13,209 Mil. Tesco's Cost of Goods Sold for the six months ended in Feb. 2024 was $40,087 Mil. Hence, Tesco's Days Payable for the six months ended in Feb. 2024 was 60.13.

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

TSCDY' s Days Payable Range Over the Past 10 Years
Min: 33.66 Med: 57.22 Max: 61.02
Current: 58.92

During the past 13 years, Tesco's highest Days Payable was 61.02. The lowest was 33.66. And the median was 57.22.

TSCDY's Days Payable is ranked better than
67.96% of 309 companies
in the Retail - Defensive industry
Industry Median: 43.96 vs TSCDY: 58.92

Tesco's Days Payable increased from Feb. 2023 (57.05) to Feb. 2024 (60.13). It may suggest that Tesco delayed paying its suppliers.

Tesco Days Payable Historical Data

The historical data trend for Tesco'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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Tesco Days Payable Chart

Tesco Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Days Payable

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61.18

56.43

57.25

59.08

56.63

Tesco Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Days Payable	Get a 7-Day Free Trial															57.91	59.66	57.05	57.55	60.13

Competitive Comparison of Tesco's Days Payable

For the Grocery Stores subindustry, Tesco'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.

Tesco's Days Payable Distribution in the Retail - Defensive Industry

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

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

Tesco 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.

Tesco's Days Payable for the fiscal year that ended in Feb. 2024 is calculated as

	Days Payable (A: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2023 )	+	Accounts Payable (A: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2024 )	*	Days in Period
=	( (11857.488	+	12959.596)	/	2 )	/	79972.222	*	365
=	12408.542					/	79972.222	*	365
=	56.63

Tesco's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (13457.433	+	12959.596)	/	2 )	/	40087.121	*	365 / 2
=	13208.5145					/	40087.121	*	365 / 2
=	60.13

Tesco Days Payable Related Terms

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Tesco (TSCDY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Tesco PLC (OTCPK:TSCDY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TSCDF:USA TSCOl:UK TSCO:UK TCO0:Germany TCO0:Germany TCO0:Germany TCO0:Germany

Address

Kestrel Way, Tesco House, Shire Park, Welwyn Garden, GBR, AL7 1GA

Website

https://www.tescoplc.com

Tesco is one of the largest food retailers in the world, operating thousands of stores in the United Kingdom, Ireland, and Europe. According to Kantar, Tesco is the market leader in the U.K. with a share of more than 27%, roughly double that of Asda or Sainsbury's. Tesco operates a core supermarket business in addition to convenience and neighborhood outlets. With a 35% digital market share in the U.K., the company holds a dominant position online. Tesco gained exposure to the cash-and-carry and out-of-home delivering industries with the landmark GBP 4 billion acquisition of Booker in 2018.