Tuesday Morning (Tuesday Morning) Days Payable : 34.60 (As of Sep. 2022)

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What is Tuesday Morning Days Payable?

Tuesday Morning's average Accounts Payable for the three months ended in Sep. 2022 was $46.4 Mil. Tuesday Morning's Cost of Goods Sold for the three months ended in Sep. 2022 was $122.5 Mil. Hence, Tuesday Morning's Days Payable for the three months ended in Sep. 2022 was 34.60.

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

TUEMQ's Days Payable is not ranked ^*
in the Retail - Defensive industry.
Industry Median: 44.27
* Ranked among companies with meaningful Days Payable only.

Tuesday Morning's Days Payable declined from Sep. 2021 (37.25) to Sep. 2022 (34.60). It may suggest that Tuesday Morning accelerated paying its suppliers.

Tuesday Morning Days Payable Historical Data

The historical data trend for Tuesday Morning'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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Tuesday Morning Days Payable Chart

Tuesday Morning Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Days Payable

3.41

19.37

28.37

Tuesday Morning Quarterly Data
	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Days Payable	Get a 7-Day Free Trial								37.25	23.69	30.06	29.04	34.60

Competitive Comparison of Tuesday Morning's Days Payable

For the Discount Stores subindustry, Tuesday Morning'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.

Tuesday Morning's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Tuesday Morning's Days Payable distribution charts can be found below:

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

Tuesday Morning 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.

Tuesday Morning's Days Payable for the fiscal year that ended in Jun. 2022 is calculated as

	Days Payable (A: Jun. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2021 )	+	Accounts Payable (A: Jun. 2022 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2022 )	*	Days in Period
=	( (45.93	+	40.797)	/	2 )	/	557.988	*	365
=	43.3635					/	557.988	*	365
=	28.37

Tuesday Morning's Days Payable for the quarter that ended in Sep. 2022 is calculated as:

	Days Payable (Q: Sep. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2022 )	+	Accounts Payable (Q: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
=	( (40.797	+	52.071)	/	2 )	/	122.469	*	365 / 4
=	46.434					/	122.469	*	365 / 4
=	34.60

Tuesday Morning Days Payable Related Terms

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

Tuesday Morning (Tuesday Morning) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Tuesday Morning Corp (OTCPK:TUEMQ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

6250 LBJ Freeway, Dallas, TX, USA, 75240

Website

https://www.tuesdaymorning.com

Tuesday Morning Corp is a retail chain company. It specializes in both domestic and international closeouts of medium to high-end name brand gifts, luxury home textiles, home furnishings, housewares and seasonal decor.

Executives

Osmium Partners, Llc	director, 10 percent owner	300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Zhong John Zhang	director	6250 LBJ FWY, DALLAS TX 75240
Andrew Berger	director	84 ELM STREET, WESTFIELD NJ 07090
Michael Onghai	director	122 WEST 26TH ST. 5TH FLOOR, NEW YORK NY 10001
James Harris	director	10 FARADAY, IRVINE CA 92618
Maya Burkenroad	director	C/O WILHELMINA INTERNATIONAL, INC., 200 CRESCENT COURT, SUITE 1400, DALLAS TX 75201
Sandip Patel	director	1010 N. FLORIDA AVE., TAMPA FL 33602
Clicks To Bricks, Llc	10 percent owner, other: Member of 10% owner group	1680 MICHIGAN AVE, SUITE 700, MIAMI BEACH FL 33139
Tm21, Llc	director, 10 percent owner, other: Member of 10% owner group	1010 N. FLORIDA AVE., TAMPA FL 33602
Ayon Capital, L.l.c.	director, 10 percent owner, other: Member of 10% owner group	1010 N. FLORIDA AVE., TAMPA FL 33602
Tascr Ventures, Llc	director, 10 percent owner, other: Member of 10% owner group	1010 NORTH FLORIDA AVENUE, TAMPA FL 33602
Alexander Mehr	director, 10 percent owner, other: Member of 10% owner group	C/O ZOOSK, INC., 989 MARKET STREET, FIFTH FLOOR, SAN FRANCISCO CA 94103
Retail Ecommerce Ventures Llc	director, 10 percent owner, other: Member of 10% owner group	1680 MICHIGAN AVENUE, SUITE 700, MIAMI BEACH FL 33139
Tai Lopez	director, 10 percent owner, other: Member of 10% owner group	C/O WILHELMINA INTERNATIONAL, INC., 200 CRESCENT COURT, SUITE 1400, DALLAS TX 75201
Marcelo Podesta	director	6250 LBJ FREEWAY, DALLAS TX 75240