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Quebecor (Quebecor) Days Payable

: 120.99 (As of Dec. 2023)
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Quebecor's average Accounts Payable for the three months ended in Dec. 2023 was $733 Mil. Quebecor's Cost of Goods Sold for the three months ended in Dec. 2023 was $552 Mil. Hence, Quebecor's Days Payable for the three months ended in Dec. 2023 was 120.99.

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

QBCAF' s Days Payable Range Over the Past 10 Years
Min: 97.75   Med: 128.34   Max: 149.25
Current: 138.32

During the past 13 years, Quebecor's highest Days Payable was 149.25. The lowest was 97.75. And the median was 128.34.

QBCAF's Days Payable is ranked better than
63.51% of 348 companies
in the Telecommunication Services industry
Industry Median: 102.36 vs QBCAF: 138.32

Quebecor's Days Payable declined from Dec. 2022 (147.76) to Dec. 2023 (120.99). It may suggest that Quebecor accelerated paying its suppliers.

Quebecor Days Payable Historical Data

The historical data trend for Quebecor'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.

Quebecor Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 122.84 129.74 129.74 143.49 126.16

Quebecor Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 147.76 158.96 142.09 149.35 120.99
Competitive Comparison

For the Telecom Services subindustry, Quebecor'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.

Quebecor Days Payable Distribution

For the Telecommunication Services industry and Communication Services sector, Quebecor's Days Payable distribution charts can be found below:

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


Quebecor 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.

Quebecor'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
=( (567.391 + 690.37) / 2 ) / 1819.469*365
=628.8805 / 1819.469*365
=126.16

Quebecor'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
=( (774.666 + 690.37) / 2 ) / 552.475*365 / 4
=732.518 / 552.475*365 / 4
=120.99

* 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.

Quebecor Days Payable Related Terms

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

Quebecor (Quebecor) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Quebecor Inc (OTCPK:QBCAF) » Definitions » Days Payable
Comparable Companies
TSX:CCA TSX:CGO TSX:TGO TSXV:TRL.H TSXV:USS TSXV:GOK TSXV:ADYA TSXV:VMY.H TSX:RCI.B TSX:T TMUS SHSE:600941 VZ CMCSA T XTER:DTE TSE:9432 NSE:BHARTIARTL TSE:9984 HKSE:00728
Traded in Other Exchanges
QBCRF:USA QBR.B:Canada QBR.A:Canada
Address
612, rue Saint-Jacques, Corporate secretariat, 18th floor, Montreal, QC, CAN, H3C 4M8
Website
https://www.quebecor.com
Quebecor primarily provides telecom services in Quebec, where it has roughly 1.7 million internet subscribers—equating to a penetration rate of about 50% in its footprint—and over 3 million mobile subscribers, including more than 20% wireless market share in Quebec. With the acquisition of Freedom Mobile in April 2023, Quebecor also has more than 1.5 million mobile subscribers in Ontario, British Columbia, and Alberta. Quebecor also offers a French-language subscription video on demand service and has a media segment that owns and operates television stations, publishes newspapers and magazines, and produces and distributes films and television shows. A very small portion of Quebecor's business engages in live event production and promotion and has ownership of live-event venues.