GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Winpak Ltd (TSX:WPK) » Definitions » Days Payable

Winpak (TSX:WPK) Days Payable : 41.36 (As of Mar. 2025)


View and export this data going back to 1986. Start your Free Trial

What is Winpak Days Payable?

Winpak's average Accounts Payable for the three months ended in Mar. 2025 was C$128 Mil. Winpak's Cost of Goods Sold for the three months ended in Mar. 2025 was C$282 Mil. Hence, Winpak's Days Payable for the three months ended in Mar. 2025 was 41.36.

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

TSX:WPK' s Days Payable Range Over the Past 10 Years
Min: 21.64   Med: 23.55   Max: 47.39
Current: 47.39

During the past 13 years, Winpak's highest Days Payable was 47.39. The lowest was 21.64. And the median was 23.55.

TSX:WPK's Days Payable is ranked worse than
63.47% of 375 companies
in the Packaging & Containers industry
Industry Median: 61.37 vs TSX:WPK: 47.39

Winpak's Days Payable increased from Mar. 2024 (39.44) to Mar. 2025 (41.36). It may suggest that Winpak delayed paying its suppliers.


Winpak Days Payable Historical Data

The historical data trend for Winpak'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.

Winpak Days Payable Chart

Winpak Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.46 25.17 26.94 26.01 26.12

Winpak Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 39.44 51.47 50.29 40.20 41.36

Competitive Comparison of Winpak's Days Payable

For the Packaging & Containers subindustry, Winpak'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.


Winpak's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Winpak's Days Payable distribution charts can be found below:

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


;
;

Winpak 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.

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

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (65.64 + 91.234) / 2 ) / 1095.977*365
=78.437 / 1095.977*365
=26.12

Winpak's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (91.234 + 164.157) / 2 ) / 281.747*365 / 4
=127.6955 / 281.747*365 / 4
=41.36

* 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.


Winpak Days Payable Related Terms

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


Winpak Business Description

Traded in Other Exchanges
Address
100 Saulteaux Crescent, Winnipeg, MB, CAN, R3J 3T3
Winpak Ltd manufactures and sells a variety of packaging materials and related packaging machines. The packaging materials are used for perishable foods, beverages, and healthcare applications. It operates in three segments: flexible packaging, rigid packaging & flexible lidding and packaging machinery. The flexible packaging segment includes modified atmosphere packaging, specialty films, and biaxially oriented nylon product groups. The rigid packaging and flexible lidding segment include rigid containers, lidding, and specialized printed packaging product groups. The company's geographical segments include the United States, Canada, Mexico & others.
Executives
James Calvin Holland Senior Officer
Matthew Peter Wilms Senior Officer
Donovan Paul Fontaine Senior Officer
James Paul Spencer Senior Officer
Dave Alexander Senior Officer
Randall Troutman Senior Officer
Rakel Johanna Aarnio-wihuri Director
Martti Hjalmar Aarnio-wihuri Director
Scott Mckenzie Taylor Senior Officer
Vesa Laineenkare Director or Senior Officer of 10% Security Holder
Petri Olavi Leskinen Director or Senior Officer of 10% Security Holder
Antti Aarnio-wihuri 10% Security Holder, Director, Senior Officer
Ilkka Tapio Suominen Director, Director or Senior Officer of 10% Security Holder
Larry Allan Warelis Senior Officer
Bruce Berry Director

Winpak Headlines

No Headlines