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Telesat (Telesat) Days Payable : 253.26 (As of Dec. 2023)


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What is Telesat Days Payable?

Telesat's average Accounts Payable for the three months ended in Dec. 2023 was $18.2 Mil. Telesat's Cost of Goods Sold for the three months ended in Dec. 2023 was $6.5 Mil. Hence, Telesat's Days Payable for the three months ended in Dec. 2023 was 253.26.

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

TSAT' s Days Payable Range Over the Past 10 Years
Min: 18.36   Med: 42.24   Max: 227.87
Current: 227.87

During the past 5 years, Telesat's highest Days Payable was 227.87. The lowest was 18.36. And the median was 42.24.

TSAT's Days Payable is ranked better than
92.19% of 2421 companies
in the Hardware industry
Industry Median: 67.93 vs TSAT: 227.87

Telesat's Days Payable increased from Dec. 2022 (62.48) to Dec. 2023 (253.26). It may suggest that Telesat delayed paying its suppliers.


Telesat Days Payable Historical Data

The historical data trend for Telesat'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.

Telesat Days Payable Chart

Telesat Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
- 58.98 53.42 19.07 30.90

Telesat Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 62.48 190.05 366.22 311.06 253.26

Competitive Comparison of Telesat's Days Payable

For the Communication Equipment subindustry, Telesat'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.


Telesat's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Telesat's Days Payable distribution charts can be found below:

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



Telesat 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.

Telesat'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
=( (1.455 + 3.406) / 2 ) / 28.709*365
=2.4305 / 28.709*365
=30.90

Telesat'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
=( (32.902 + 3.406) / 2 ) / 6.541*365 / 4
=18.154 / 6.541*365 / 4
=253.26

* 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.


Telesat Days Payable Related Terms

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Telesat (Telesat) Business Description

Traded in Other Exchanges
Address
160 Elgin Street, Ottawa, ON, CAN, K2P 2P7
Telesat Corp is a global satellite operator, providing its customers with mission-critical communications services. The company's segment includes Broadcast; Enterprise and Consulting and other. The Broadcast segment includes Direct-to-home television, video distribution and contribution, and occasional use services. The enterprise segment includes telecommunication carriers and integrators, government, consumer broadband, resource, maritime and aeronautical, retail and satellite operator services. Consulting and other segments include Consulting services related to space and earth segments, government studies, satellite control services, and research and development. Geographically, it derives a majority of its revenue from Canada.
Executives
Mario J Gabelli 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Gamco Investors, Inc. Et Al 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Ggcp, Inc. 10 percent owner 189 MASON STREET, GREENWICH CT 06830
Associated Capital Group, Inc. 10 percent owner 191 MASON STREET, GREENWICH CT 06830

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