Transcontinental (TSX:TCL.B) Days Payable : 82.06 (As of Jan. 2024)

View and export this data going back to 1985. Start your Free Trial

What is Transcontinental Days Payable?

Transcontinental's average Accounts Payable for the three months ended in Jan. 2024 was C$320 Mil. Transcontinental's Cost of Goods Sold for the three months ended in Jan. 2024 was C$356 Mil. Hence, Transcontinental's Days Payable for the three months ended in Jan. 2024 was 82.06.

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

TSX:TCL.B' s Days Payable Range Over the Past 10 Years
Min: 54.33 Med: 60.65 Max: 83.57
Current: 83.57

During the past 13 years, Transcontinental's highest Days Payable was 83.57. The lowest was 54.33. And the median was 60.65.

TSX:TCL.B's Days Payable is ranked better than
69.29% of 368 companies
in the Packaging & Containers industry
Industry Median: 57.64 vs TSX:TCL.B: 83.57

Transcontinental's Days Payable increased from Jan. 2023 (76.01) to Jan. 2024 (82.06). It may suggest that Transcontinental delayed paying its suppliers.

Transcontinental Days Payable Historical Data

The historical data trend for Transcontinental'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.

Transcontinental Days Payable Chart

Transcontinental Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Days Payable

Get a 7-Day Free Trial

58.84

66.62

62.89

60.47

64.36

Transcontinental Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable	Get a 7-Day Free Trial															76.01	84.36	93.66	72.81	82.06

Competitive Comparison of Transcontinental's Days Payable

For the Packaging & Containers subindustry, Transcontinental'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.

Transcontinental's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Transcontinental's Days Payable distribution charts can be found below:

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

Transcontinental 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.

Transcontinental's Days Payable for the fiscal year that ended in Oct. 2023 is calculated as

	Days Payable (A: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Oct. 2022 )	+	Accounts Payable (A: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2023 )	*	Days in Period
=	( (285.7	+	273.3)	/	2 )	/	1585.2	*	365
=	279.5					/	1585.2	*	365
=	64.36

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

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (273.3	+	366.3)	/	2 )	/	355.6	*	365 / 4
=	319.8					/	355.6	*	365 / 4
=	82.06

Transcontinental Days Payable Related Terms

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

Transcontinental (TSX:TCL.B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Transcontinental Inc (TSX:TCL.B) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TCLCF:USA TCLAF:USA TCL.A:Canada

Address

1 Place Ville Marie, Suite 3240, Affaires Juridiques,, A/s Caroline Hamel, Montreal, QC, CAN, H3B 0G1

Website

https://tctranscontinental.com

Transcontinental Inc or TC Transcontinental, is a Canadian printer and flexible packaging provider that operates in three segments: packaging, printing, and other. Its packaging segment features the production of different plastic products geared toward consumer goods. Production plants specialize in extrusion, lamination, printing, and converting. The company offers premedia, printing, and distribution services through the printing segment. Publishers, retailers, cataloguers, and marketers are some of the customers who tap TC Transcontinental for these printing solutions. The smaller other segment focuses on the media sector, which generates revenue from print and digital publishing products.

Transcontinental (TSX:TCL.B) Headlines

No Headlines