Sleep Country Canada Holdings (TSX:ZZZ) Days Payable

: 52.07 (As of Dec. 2023)

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Sleep Country Canada Holdings's average Accounts Payable for the three months ended in Dec. 2023 was C$90.9 Mil. Sleep Country Canada Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was C$159.3 Mil. Hence, Sleep Country Canada Holdings's Days Payable for the three months ended in Dec. 2023 was 52.07.

The historical rank and industry rank for Sleep Country Canada Holdings's Days Payable or its related term are showing as below:

TSX:ZZZ' s Days Payable Range Over the Past 10 Years
Min: 15.18 Med: 24.3 Max: 52.32
Current: 52.32

During the past 10 years, Sleep Country Canada Holdings's highest Days Payable was 52.32. The lowest was 15.18. And the median was 24.30.

TSX:ZZZ's Days Payable is ranked worse than
53.8% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.94 vs TSX:ZZZ: 52.32

Sleep Country Canada Holdings's Days Payable increased from Dec. 2022 (50.89) to Dec. 2023 (52.07). It may suggest that Sleep Country Canada Holdings delayed paying its suppliers.

Sleep Country Canada Holdings Days Payable Historical Data

The historical data trend for Sleep Country Canada Holdings'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.

Sleep Country Canada Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

27.18

35.60

35.71

36.75

39.37

Sleep Country Canada Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																50.89	48.87	60.46	60.66	52.07

Competitive Comparison

For the Specialty Retail subindustry, Sleep Country Canada Holdings'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.

Sleep Country Canada Holdings Days Payable Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Sleep Country Canada Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Sleep Country Canada Holdings's Days Payable falls into.

Sleep Country Canada Holdings 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.

Sleep Country Canada Holdings'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
=	( (56.111	+	70.64)	/	2 )	/	587.57	*	365
=	63.3755					/	587.57	*	365
=	39.37

Sleep Country Canada Holdings'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
=	( (111.206	+	70.64)	/	2 )	/	159.335	*	365 / 4
=	90.923					/	159.335	*	365 / 4
=	52.07

Sleep Country Canada Holdings Days Payable Related Terms

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Sleep Country Canada Holdings (TSX:ZZZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sleep Country Canada Holdings Inc (TSX:ZZZ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SCCAF:USA 1S2:Germany

Address

7920 Airport Road, Brampton, ON, CAN, L6T 4N8

Website

https://www.sleepcountry.ca

Sleep Country Canada Holdings Inc is engaged in the retail of mattresses. It operates in the retail marketplace, offering mattresses and bedding-related products. The company operates in three segments Sleep Country/Dormez-vous, Endy, and Hush. The company sells bedding products such as bed frames, pillows, mattress pads, sheets, duvets, headboards, and footboards under brands like Sealy, Serta, Simmons, Kingsdown, Contour Collection, Tempur-Pedic, iComfort, Sunset Collection, Dormeo Octaspring, and Natura. The company operates only in Canada.

Sleep Country Canada Holdings (TSX:ZZZ) Days Payable

Sleep Country Canada Holdings Days Payable Historical Data

Sleep Country Canada Holdings Days Payable Calculation

Sleep Country Canada Holdings Days Payable Related Terms

Sleep Country Canada Holdings (TSX:ZZZ) Business Description

Sleep Country Canada Holdings (TSX:ZZZ) Headlines