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D2L (TSX:DTOL) Days Payable : 173.99 (As of Jan. 2024)


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What is D2L Days Payable?

D2L's average Accounts Payable for the three months ended in Jan. 2024 was C$39.8 Mil. D2L's Cost of Goods Sold for the three months ended in Jan. 2024 was C$20.9 Mil. Hence, D2L's Days Payable for the three months ended in Jan. 2024 was 173.99.

The historical rank and industry rank for D2L's Days Payable or its related term are showing as below:

TSX:DTOL' s Days Payable Range Over the Past 10 Years
Min: 132.16   Med: 137.13   Max: 170.07
Current: 152.12

During the past 6 years, D2L's highest Days Payable was 170.07. The lowest was 132.16. And the median was 137.13.

TSX:DTOL's Days Payable is ranked better than
78.44% of 2523 companies
in the Software industry
Industry Median: 51.44 vs TSX:DTOL: 152.12

D2L's Days Payable increased from Jan. 2023 (133.29) to Jan. 2024 (173.99). It may suggest that D2L delayed paying its suppliers.


D2L Days Payable Historical Data

The historical data trend for D2L'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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D2L Days Payable Chart

D2L Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Days Payable
Get a 7-Day Free Trial 134.80 137.13 132.16 139.50 170.07

D2L Quarterly Data
Jan19 Jan20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Days Payable Get a 7-Day Free Trial 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 133.29 130.95 112.33 153.19 173.99

Competitive Comparison of D2L's Days Payable

For the Software - Application subindustry, D2L'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.


D2L's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, D2L's Days Payable distribution charts can be found below:

* The bar in red indicates where D2L's Days Payable falls into.



D2L 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.

D2L's Days Payable for the fiscal year that ended in Jan. 2024 is calculated as

Days Payable (A: Jan. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jan. 2023 ) + Accounts Payable (A: Jan. 2024 )) / count ) / Cost of Goods Sold (A: Jan. 2024 )*Days in Period
=( (31.476 + 43.807) / 2 ) / 80.785*365
=37.6415 / 80.785*365
=170.07

D2L's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

Days Payable (Q: Jan. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Oct. 2023 ) + Accounts Payable (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (35.71 + 43.807) / 2 ) / 20.852*365 / 4
=39.7585 / 20.852*365 / 4
=173.99

* 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.


D2L Days Payable Related Terms

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D2L (TSX:DTOL) Business Description

Traded in Other Exchanges
Address
137 Glasgow Street, Suite 560, Kitchener, ON, CAN, N2G 4X8
D2L Inc is a learning innovation company. It provides cloud-based learning software for higher education institutions, kindergarten to grade 12 (K-12) schools and districts, and private sector enterprises. The company serves K-12, higher education, associations, and the corporate sector. Its product includes D2L Brightspace and D2L Wave.

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