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Sierra Wireless (TSX:SW) Days Payable : 83.35 (As of Sep. 2022)


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What is Sierra Wireless Days Payable?

Sierra Wireless's average Accounts Payable for the three months ended in Sep. 2022 was C$133.3 Mil. Sierra Wireless's Cost of Goods Sold for the three months ended in Sep. 2022 was C$146.0 Mil. Hence, Sierra Wireless's Days Payable for the three months ended in Sep. 2022 was 83.35.

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

TSX:SW' s Days Payable Range Over the Past 10 Years
Min: 64.07   Med: 79.26   Max: 101.54
Current: 83.11

During the past 13 years, Sierra Wireless's highest Days Payable was 101.54. The lowest was 64.07. And the median was 79.26.

TSX:SW's Days Payable is not ranked
in the Hardware industry.
Industry Median: 67.93 vs TSX:SW: 83.11

Sierra Wireless's Days Payable increased from Sep. 2021 (0.00) to Sep. 2022 (83.35). It may suggest that Sierra Wireless delayed paying its suppliers.


Sierra Wireless Days Payable Historical Data

The historical data trend for Sierra Wireless'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.

Sierra Wireless Days Payable Chart

Sierra Wireless Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.51 64.09 80.05 78.47 101.54

Sierra Wireless Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 Premium Member Only Premium Member Only Premium Member Only - 98.03 81.30 72.42 83.35

Competitive Comparison of Sierra Wireless's Days Payable

For the Communication Equipment subindustry, Sierra Wireless'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.


Sierra Wireless's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sierra Wireless's Days Payable distribution charts can be found below:

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



Sierra Wireless 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.

Sierra Wireless'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
=( (86.141 + 139.188) / 2 ) / 405.005*365
=112.6645 / 405.005*365
=101.54

Sierra Wireless's Days Payable for the quarter that ended in Sep. 2022 is calculated as:

Days Payable (Q: Sep. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2022 ) + Accounts Payable (Q: Sep. 2022 )) / count ) / Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=( (0 + 133.343) / 1 ) / 145.978*365 / 4
=133.343 / 145.978*365 / 4
=83.35

* 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.


Sierra Wireless Days Payable Related Terms

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Sierra Wireless (TSX:SW) Business Description

Traded in Other Exchanges
N/A
Address
13811 Wireless Way, Richmond, BC, CAN, V6V 3A4
Sierra Wireless Inc is a wireless communication equipment designer and provider of Device-To-Cloud Internet-of-Things solutions. The company's product and services portfolio contain products such as high-speed cellular modules and services such as connectivity services, cloud platforms, and cellular gateways, among others. It operates through two business segments: Internet of Things solutions and Embedded broadband. The vast majority of revenue comes from the company's embedded broadband segment, and more than half of its revenue is earned in the Americas and Asia-Pacific region.

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