Waste Connections (Waste Connections) Days Payable

: 47.59 (As of Dec. 2023)

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Waste Connections's average Accounts Payable for the three months ended in Dec. 2023 was $623 Mil. Waste Connections's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,196 Mil. Hence, Waste Connections's Days Payable for the three months ended in Dec. 2023 was 47.59.

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

WCN' s Days Payable Range Over the Past 10 Years
Min: 34.15 Med: 39.89 Max: 49.28
Current: 45.41

During the past 13 years, Waste Connections's highest Days Payable was 49.28. The lowest was 34.15. And the median was 39.89.

WCN's Days Payable is ranked worse than
65.92% of 223 companies
in the Waste Management industry
Industry Median: 72.61 vs WCN: 45.41

Waste Connections's Days Payable increased from Dec. 2022 (45.97) to Dec. 2023 (47.59). It may suggest that Waste Connections delayed paying its suppliers.

Waste Connections Days Payable Historical Data

The historical data trend for Waste Connections'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.

Waste Connections Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

45.47

40.53

34.15

43.42

49.28

Waste Connections Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																45.97	46.34	40.60	43.32	47.59

Competitive Comparison

For the Waste Management subindustry, Waste Connections'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.

Waste Connections Days Payable Distribution

For the Waste Management industry and Industrials sector, Waste Connections's Days Payable distribution charts can be found below:

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

Waste Connections 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.

Waste Connections'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
=	( (638.728	+	642.455)	/	2 )	/	4744.513	*	365
=	640.5915					/	4744.513	*	365
=	49.28

Waste Connections'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
=	( (604.542	+	642.455)	/	2 )	/	1195.62	*	365 / 4
=	623.4985					/	1195.62	*	365 / 4
=	47.59

Waste Connections Days Payable Related Terms

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Waste Connections (Waste Connections) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Waste Connections Inc (NYSE:WCN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

WCN:Mexico UI51:Germany UI51:Germany WCN:Canada

Address

6220 Highway 7, Suite 600, Woodbridge, Vaughan, ON, CAN, L4H 4G3

Website

https://www.wasteconnections.com

Waste Connections is the third-largest integrated provider of traditional solid waste and recycling services in the North America, operating 100 active landfills (9 are exploration and production waste landfills and 16 are nonmunicipal waste landfills), 157 transfer stations, and 79 recycling operations. The firm serves residential, commercial, industrial, and energy end markets. Waste Connections entered the Canadian market with its 2016 merger with Progressive Waste. In 2022, 13% of consolidated revenue was generated from the firm's Canadian segment.

Executives

Philip Rivard	officer: SR VP Business Development	3 WATERWAY SQUARE PLACE, SUITE #110, THE WOODLANDS TX 77380
Iii Robert Nielsen	officer: SR VP Operations	3 WATERWAY SQUARE PLACE, SUITE #110, THE WOODLANDS TX 77380
Robert Michael Cloninger	officer: SR VP, Deputy General Counsel	3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
William J Razzouk	director	C/O WASTE CONNECTIONS, INC, 610 APPLEWOOD CRESCENT, SUITE 200, VAUGHAN A6 L4K 0C3
James Little	officer: Sr. Vice President Engineering	3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
Susan Netherton	officer: VP People, Training & Devlpmnt	3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
Domenic Pio	officer: SR VP Operations	1001 FANNIN ST, STE 4000, HOUSTON TX 77002
David Eddie	officer: Sr. VP & Chief Accting Officer	3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
Andrea E. Bertone	director	C/O CORP. SECRETARY, PEABODY ENERGY CORP, 701 MARKET STREET, ST. LOUIS MO 63101
Eric Hansen	officer: Senior Vice President and CIO	3 WATERWAY SQUARE PLACE, SUITE #110, THE WOODLANDS TX 77380
Patrick James Shea	officer: Sr. VP, General Counsel & Sec	3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
Jason Craft	officer: Sr Vice President-Operations	3 WATERWAY SQUARE PLACE, SUITE #110, THE WOODLANDS TX 77380
Darrell W Chambliss	officer: EVP & COO	3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
David M Hall	officer: Sr. Vice President	3 WATERWAY SQUARE PLACE, SUITE 110, THE WOODLANDS TX 77380
Matthew Stephen Black	officer: Sr. Vice President - Tax	3 WATERWAY SQUARE PLACE, SUITE #110, THE WOODLANDS TX 77380