IBI Group (TSX:IBG) Days Payable : 129.66 (As of Jun. 2022)

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What is IBI Group Days Payable?

IBI Group's average Accounts Payable for the three months ended in Jun. 2022 was C$49.7 Mil. IBI Group's Cost of Goods Sold for the three months ended in Jun. 2022 was C$35.0 Mil. Hence, IBI Group's Days Payable for the three months ended in Jun. 2022 was 129.66.

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

TSX:IBG' s Days Payable Range Over the Past 10 Years
Min: 163.93 Med: 185.22 Max: 189.12
Current: 163.93

During the past 13 years, IBI Group's highest Days Payable was 189.12. The lowest was 163.93. And the median was 185.22.

TSX:IBG's Days Payable is not ranked
in the Construction industry.
Industry Median: 73.79 vs TSX:IBG: 163.93

IBI Group's Days Payable declined from Jun. 2021 (183.22) to Jun. 2022 (129.66). It may suggest that IBI Group accelerated paying its suppliers.

IBI Group Days Payable Historical Data

The historical data trend for IBI Group'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.

IBI Group Days Payable Chart

IBI Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Payable

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189.12

187.02

185.22

168.29

181.96

IBI Group Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Days Payable	Get a 7-Day Free Trial															183.22	177.50	143.16	242.00	129.66

Competitive Comparison of IBI Group's Days Payable

For the Engineering & Construction subindustry, IBI Group'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.

IBI Group's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, IBI Group's Days Payable distribution charts can be found below:

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

IBI Group 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.

IBI Group's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

	Days Payable (A: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2020 )	+	Accounts Payable (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (57.979	+	53.712)	/	2 )	/	112.021	*	365
=	55.8455					/	112.021	*	365
=	181.96

IBI Group's Days Payable for the quarter that ended in Jun. 2022 is calculated as:

	Days Payable (Q: Jun. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2022 )	+	Accounts Payable (Q: Jun. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2022 )	*	Days in Period
=	( (50.77	+	48.64)	/	2 )	/	34.981	*	365 / 4
=	49.705					/	34.981	*	365 / 4
=	129.66

IBI Group Days Payable Related Terms

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IBI Group (TSX:IBG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » IBI Group Inc (TSX:IBG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

55 St. Clair Avenue West, 7th Floor, Toronto, ON, CAN, M4V 2Y7

Website

https://www.ibigroup.com

IBI Group Inc is a Canada-based engineering services provider. The company plans, designs, implements, as well as offers other consulting services and software development for its intelligence, buildings, and infrastructure business segments. It offers various services, including architecture, engineering, interiors, landscape architecture, planning, and urban design. Its geographical segments are Canada, the United States, the United Kingdom, and other International.

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