WillScot Mobile Mini Holdings (WillScot Mobile Mini Holdings) Days Payable

: 30.24 (As of Dec. 2023)

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WillScot Mobile Mini Holdings's average Accounts Payable for the three months ended in Dec. 2023 was $89 Mil. WillScot Mobile Mini Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $269 Mil. Hence, WillScot Mobile Mini Holdings's Days Payable for the three months ended in Dec. 2023 was 30.24.

The historical rank and industry rank for WillScot Mobile Mini Holdings's Days Payable or its related term are showing as below:

WSC' s Days Payable Range Over the Past 10 Years
Min: 33.4 Med: 56.2 Max: 74.27
Current: 33.4

During the past 9 years, WillScot Mobile Mini Holdings's highest Days Payable was 74.27. The lowest was 33.40. And the median was 56.20.

WSC's Days Payable is ranked worse than
63.58% of 928 companies
in the Business Services industry
Industry Median: 47.72 vs WSC: 33.40

WillScot Mobile Mini Holdings's Days Payable declined from Dec. 2022 (46.91) to Dec. 2023 (30.24). It may suggest that WillScot Mobile Mini Holdings accelerated paying its suppliers.

WillScot Mobile Mini Holdings Days Payable Historical Data

The historical data trend for WillScot Mobile Mini Holdings'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.

WillScot Mobile Mini Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

56.20

59.55

46.16

38.40

34.60

WillScot Mobile Mini Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																46.91	37.92	32.99	31.68	30.24

Competitive Comparison

For the Rental & Leasing Services subindustry, WillScot Mobile Mini Holdings'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.

WillScot Mobile Mini Holdings Days Payable Distribution

For the Business Services industry and Industrials sector, WillScot Mobile Mini Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where WillScot Mobile Mini Holdings's Days Payable falls into.

WillScot Mobile Mini Holdings 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.

WillScot Mobile Mini Holdings'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
=	( (109.349	+	86.123)	/	2 )	/	1030.897	*	365
=	97.736					/	1030.897	*	365
=	34.60

WillScot Mobile Mini Holdings'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
=	( (92.319	+	86.123)	/	2 )	/	269.2	*	365 / 4
=	89.221					/	269.2	*	365 / 4
=	30.24

WillScot Mobile Mini Holdings Days Payable Related Terms

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WillScot Mobile Mini Holdings (WillScot Mobile Mini Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » WillScot Mobile Mini Holdings Corp (NAS:WSC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

WS11:Germany

Address

4646 E Van Buren Street, Suite 400, Phoenix, AZ, USA, 85008

Website

https://www.willscotmobilemini.com

WillScot Mobile Mini Holdings Corp is a business services provider specializing in innovative flexible work space and portable storage solutions. The company's segment includes Modular Solutions and Storage Solutions. It generates maximum revenue from the Modular Solutions segment. The company serves furniture rental, transportation and logistics, facility management, job site services, commercial storage, and commercial real estate sector. Geographically, it derives a majority of its revenue from the United States.

Executives

Bradley Lee Soultz	director, officer: Chief Executive Officer	901 S. BOND STREET, SUITE 600, BALTIMORE MD 21231
Natalia Johnson	director	C/O PUBLIC STORAGE, 701 WESTERN AVENUE, GLENDALE CA 91201
Felicia Gorcyca	officer: Chief Human Resources Officer	4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Sally J Shanks	officer: Chief Accounting Officer	901 S. BOND STREET, SUITE 600, BALTIMORE MD 21231
Jeffrey Sagansky	director, 10 percent owner, officer: President & CEO	1450 2ND STREET, SUITE 247, SANTA MONICA CA 90401
Erika T Davis	director
Graeme Parkes	officer: Chief Information Officer	4646 E. VAN BUREN STREET, SUITE 400, PHOENIX AZ 85008
Erik Olsson	director	C/O RSC HOLDINGS INC., 6929 E. GREENWAY PARKWAY, SCOTTSDALE AZ 85254
Hezron T. Lopez	officer: V.P.,Gen Counsel, Corp. Sec.	855 EAST MAIN AVE, ZEELAND MI 49464
Rebecca L Owen	director	1750 H STREET, SUITE 500, COLUMBIA EQUITY TRUST, INC., WASHINGTON DC 20006
Christopher J Miner	officer: SVP, GC & Secretary	7420 SOUTH KYRENE ROAD SUITE 101, TEMPE AZ 85253
Michael W Upchurch	director	KANSAS CITY SOUTHERN, PO BOX 219335, KANSAS CITY MO 64121
Sapphire Holding S.a R.l.	10 percent owner	C/O TDR CAPITAL LLP, 20 BENTINCK STREET, LONDON X0 W1U 2EU
Stephen Robertson	director, 10 percent owner	20 BENTINCK STREET, LONDON X0 W1U 2EU
Mark S. Bartlett	director	4701 WEST GREENFIELD AVENUE, MILWAUKEE WI 53214