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Waste Connections Days Payable

: 30.69 (As of Jun. 2021)
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Waste Connections's average Accounts Payable for the three months ended in Jun. 2021 was $303 Mil. Waste Connections's Cost of Goods Sold for the three months ended in Jun. 2021 was $901 Mil. Hence, Waste Connections's Days Payable for the three months ended in Jun. 2021 was 30.69.

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

NYSE:WCN' s Days Payable Range Over the Past 10 Years
Min: 34.16   Med: 39.82   Max: 45.47
Current: 35.79

34.16
45.47

During the past 13 years, Waste Connections's highest Days Payable was 45.47. The lowest was 34.16. And the median was 39.82.

NYSE:WCN's Days Payable is ranked lower than
74% of the 196 Companies
in the Waste Management industry.

( Industry Median: 74.46 vs. NYSE:WCN: 35.79 )

Waste Connections's Days Payable declined from Jun. 2020 (44.47) to Jun. 2021 (30.69). It may suggest that Waste Connections accelerated paying its suppliers.


Waste Connections Days Payable Historical Data

The historical data trend for Waste Connections'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.

Waste Connections Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.16 39.25 43.97 45.47 40.53

Waste Connections Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 44.47 42.46 37.43 31.53 30.69

Competitive Comparison

For the Waste Management industry, Waste Connections'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.

   

Waste Connections Days Payable Distribution

For the Waste Management industry and Industrials sector, Waste Connections's Days Payable distribution charts can be found below:

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



Waste Connections 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.

Waste Connections's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

Days Payable (A: Dec. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2019 ) + Accounts Payable (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (436.97 + 290.82) / 2 ) / 3276.808*365
=363.895 / 3276.808*365
=40.53

Waste Connections's Days Payable for the quarter that ended in Jun. 2021 is calculated as:

Days Payable (Q: Jun. 2021 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2021 ) + Accounts Payable (Q: Jun. 2021 )) / count ) / Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=( (280.025 + 326.085) / 2 ) / 901.191*365 / 4
=303.055 / 901.191*365 / 4
=30.69

* 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.


Waste Connections Days Payable Related Terms

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


Waste Connections Business Description

Waste Connections logo
Industry
Industrials » Waste Management NAICS : 221310 SIC : 4931
Traded in Other Exchanges
Address
610 Applewood Crescent, 2nd Floor, Vaughan, ON, CAN, L4K 0E3
Waste Connections is the third- largest integrated provider of traditional solid waste and recycling services in the North America, operating 91 active landfills (12 are E&P waste landfills), 132 transfer stations, and 68 recycling operations. The firm serves residential, commercial, industrial, and energy end markets. Waste Connections entered the Canadian market with its 2016 merger with Progressive Waste. In 2020, 13% of consolidated revenue was generated from the firm's Canadian segment.

Waste Connections Headlines

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