Decisive Dividend (TSXV:DE) Days Payable : 78.08 (As of Dec. 2023)

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What is Decisive Dividend Days Payable?

Decisive Dividend's average Accounts Payable for the three months ended in Dec. 2023 was C$18.7 Mil. Decisive Dividend's Cost of Goods Sold for the three months ended in Dec. 2023 was C$21.9 Mil. Hence, Decisive Dividend's Days Payable for the three months ended in Dec. 2023 was 78.08.

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

TSXV:DE' s Days Payable Range Over the Past 10 Years
Min: 27.72 Med: 33.29 Max: 73.27
Current: 73.27

During the past 12 years, Decisive Dividend's highest Days Payable was 73.27. The lowest was 27.72. And the median was 33.29.

TSXV:DE's Days Payable is ranked better than
61.83% of 469 companies
in the Conglomerates industry
Industry Median: 58.24 vs TSXV:DE: 73.27

Decisive Dividend's Days Payable increased from Dec. 2022 (46.37) to Dec. 2023 (78.08). It may suggest that Decisive Dividend delayed paying its suppliers.

Decisive Dividend Days Payable Historical Data

The historical data trend for Decisive Dividend'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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Decisive Dividend Days Payable Chart

Decisive Dividend Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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31.47

33.29

27.72

32.07

35.03

Decisive Dividend Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															46.37	53.76	87.24	110.65	78.08

Competitive Comparison of Decisive Dividend's Days Payable

For the Conglomerates subindustry, Decisive Dividend'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.

Decisive Dividend's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Decisive Dividend's Days Payable distribution charts can be found below:

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

Decisive Dividend 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.

Decisive Dividend'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
=	( (8.268	+	7.494)	/	2 )	/	82.118	*	365
=	7.881					/	82.118	*	365
=	35.03

Decisive Dividend'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
=	( (29.934	+	7.494)	/	2 )	/	21.871	*	365 / 4
=	18.714					/	21.871	*	365 / 4
=	78.08

Decisive Dividend Days Payable Related Terms

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Decisive Dividend (TSXV:DE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Decisive Dividend Corp (TSXV:DE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

DEDVF:USA PC9:Germany

Address

No. 260 - 1855 Kirschner Road, Kelown, BC, CAN, V1Y 4N7

Website

https://www.decisivedividend.com

Decisive Dividend Corp is an acquisition-oriented company, focused on opportunities in manufacturing. The corporation's purpose is to be the sought-out choice for exiting legacy-minded business owners while supporting the long-term success of the businesses acquired, and through that, creating sustainable and growing shareholder returns. It uses a disciplined acquisition strategy to identify already profitable, well-established, high-quality manufacturing companies that have a sustainable competitive advantage, a focus on non-discretionary products, steady cash flows, growth potential and established strong leadership.