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Atlas Days Payable

: 72.42 (As of Jun. 2022)
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Atlas's average Accounts Payable for the three months ended in Jun. 2022 was $173 Mil. Atlas's Cost of Goods Sold for the three months ended in Jun. 2022 was $218 Mil. Hence, Atlas's Days Payable for the three months ended in Jun. 2022 was 72.42.

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

ATCO' s Days Payable Range Over the Past 10 Years
Min: 29.8   Med: 36.69   Max: 66.97
Current: 66.97

During the past 13 years, Atlas's highest Days Payable was 66.97. The lowest was 29.80. And the median was 36.69.

ATCO's Days Payable is ranked worse than
51.54% of 423 companies
in the Asset Management industry
Industry Median: 70.76 vs ATCO: 66.97

Atlas's Days Payable increased from Jun. 2021 (57.31) to Jun. 2022 (72.42). It may suggest that Atlas delayed paying its suppliers.


Atlas Days Payable Historical Data

The historical data trend for Atlas'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.

Atlas Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.42 29.80 33.22 42.92 55.01

Atlas Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 57.31 61.91 65.54 67.09 72.42

Competitive Comparison

For the Asset Management subindustry, Atlas'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.

   

Atlas Days Payable Distribution

For the Asset Management industry and Financial Services sector, Atlas's Days Payable distribution charts can be found below:

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



Atlas 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.

Atlas's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (116.9 + 140.1) / 2 ) / 852.6*365
=128.5 / 852.6*365
=55.01

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

Days Payable (Q: Jun. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2022 ) + Accounts Payable (Q: Jun. 2022 )) / count ) / Cost of Goods Sold (Q: Jun. 2022 )*Days in Period
=( (166.2 + 179.5) / 2 ) / 217.8*365 / 4
=172.85 / 217.8*365 / 4
=72.42

* 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.


Atlas Days Payable Related Terms

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


Atlas Business Description

Atlas logo
Address
23 Berkeley Square, London, GBR, W1J 6HE
Atlas Corp is a global asset manager that owns and operates the businesses in which it invests while focusing on deploying capital across multiple verticals to create sustainable value and quality growth opportunities for its shareholders. The company has two business segments: Containership leasing and Mobile power generation. The containership leasing segment owns and operates a fleet of containerships that are chartered primarily pursuant to long-term, fixed-rate charters. The mobile power generation segment owns and operates a fleet of power generation assets, including gas turbines and other equipment, and provides power solutions to customers.

Atlas Headlines

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