DAVIDsTEA (DAVIDsTEA) Days Payable : 123.70 (As of Oct. 2022)

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What is DAVIDsTEA Days Payable?

DAVIDsTEA's average Accounts Payable for the three months ended in Oct. 2022 was $9.80 Mil. DAVIDsTEA's Cost of Goods Sold for the three months ended in Oct. 2022 was $7.23 Mil. Hence, DAVIDsTEA's Days Payable for the three months ended in Oct. 2022 was 123.70.

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

DTEAF's Days Payable is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 45.77
* Ranked among companies with meaningful Days Payable only.

DAVIDsTEA's Days Payable increased from Oct. 2021 (88.63) to Oct. 2022 (123.70). It may suggest that DAVIDsTEA delayed paying its suppliers.

DAVIDsTEA Days Payable Historical Data

The historical data trend for DAVIDsTEA'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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DAVIDsTEA Days Payable Chart

DAVIDsTEA Annual Data

Trend

Jan13

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Days Payable

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38.15

42.93

65.07

45.69

38.87

DAVIDsTEA Quarterly Data
	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22
Days Payable	Get a 7-Day Free Trial															88.63	47.91	79.79	108.90	123.70

Competitive Comparison of DAVIDsTEA's Days Payable

For the Packaged Foods subindustry, DAVIDsTEA'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.

DAVIDsTEA's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, DAVIDsTEA's Days Payable distribution charts can be found below:

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

DAVIDsTEA 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.

DAVIDsTEA's Days Payable for the fiscal year that ended in Jan. 2022 is calculated as

	Days Payable (A: Jan. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jan. 2021 )	+	Accounts Payable (A: Jan. 2022 ))	/	count )	/	Cost of Goods Sold (A: Jan. 2022 )	*	Days in Period
=	( (1.486	+	8.785)	/	2 )	/	48.226	*	365
=	5.1355					/	48.226	*	365
=	38.87

DAVIDsTEA's Days Payable for the quarter that ended in Oct. 2022 is calculated as:

	Days Payable (Q: Oct. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jul. 2022 )	+	Accounts Payable (Q: Oct. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Oct. 2022 )	*	Days in Period
=	( (9.045	+	10.552)	/	2 )	/	7.228	*	365 / 4
=	9.7985					/	7.228	*	365 / 4
=	123.70

DAVIDsTEA Days Payable Related Terms

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DAVIDsTEA (DAVIDsTEA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » DAVIDsTEA Inc (OTCPK:DTEAF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

5430 Ferrier Street, Mount-Royal, QC, CAN, H4P 1M2

Website

https://www.davidstea.com

DAVIDsTEA Inc is a company functional in Canada's packaged foods market. Operating as a branded retailer of different types of tea, the company serves through DAVIDsTEA stores and its website, davidstea.com. Its business involves the sale of three main products; Tea, Tea Accessories and Food and Beverages. Tea products such as loose-leaf teas, pre-packaged teas, and tea sachets account for the majority of the company's sales. The Company has two operating segments, Canada, and the U.S; that derive their revenues from various distribution channels including online, retail and wholesale. The Company derives revenue from Tea, Tea accessories and Food and beverages products. Majority revenue is derived from Tea products.