Westshore Terminals Investment (Westshore Terminals Investment) Days Payable : 136.14 (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Westshore Terminals Investment Days Payable?

Westshore Terminals Investment's average Accounts Payable for the three months ended in Dec. 2023 was $67.2 Mil. Westshore Terminals Investment's Cost of Goods Sold for the three months ended in Dec. 2023 was $45.0 Mil. Hence, Westshore Terminals Investment's Days Payable for the three months ended in Dec. 2023 was 136.14.

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

WTSHF' s Days Payable Range Over the Past 10 Years
Min: 89.42 Med: 125.84 Max: 159.79
Current: 118.68

During the past 13 years, Westshore Terminals Investment's highest Days Payable was 159.79. The lowest was 89.42. And the median was 125.84.

WTSHF's Days Payable is ranked better than
86.47% of 931 companies
in the Transportation industry
Industry Median: 39.47 vs WTSHF: 118.68

Westshore Terminals Investment's Days Payable increased from Dec. 2022 (88.70) to Dec. 2023 (136.14). It may suggest that Westshore Terminals Investment delayed paying its suppliers.

Westshore Terminals Investment Days Payable Historical Data

The historical data trend for Westshore Terminals Investment'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.

Westshore Terminals Investment Days Payable Chart

Westshore Terminals Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

125.57

108.10

96.86

92.15

133.74

Westshore Terminals Investment 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															88.70	89.29	95.93	130.89	136.14

Competitive Comparison of Westshore Terminals Investment's Days Payable

For the Marine Shipping subindustry, Westshore Terminals Investment'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.

Westshore Terminals Investment's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Westshore Terminals Investment's Days Payable distribution charts can be found below:

* The bar in red indicates where Westshore Terminals Investment's Days Payable falls into.

Westshore Terminals Investment 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.

Westshore Terminals Investment'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
=	( (33.163	+	76.833)	/	2 )	/	150.096	*	365
=	54.998					/	150.096	*	365
=	133.74

Westshore Terminals Investment'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
=	( (57.537	+	76.833)	/	2 )	/	45.033	*	365 / 4
=	67.185					/	45.033	*	365 / 4
=	136.14

Westshore Terminals Investment Days Payable Related Terms

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

Westshore Terminals Investment (Westshore Terminals Investment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Westshore Terminals Investment Corp (OTCPK:WTSHF) » Definitions » Days Payable

Traded in Other Exchanges

WTE:Canada

Address

1067 West Cordova Street, Suite 1800, Vancouver, BC, CAN, V6C 1C7

Website

https://www.westshore.com

Westshore Terminals Investment Corporation is a Canada-based company, which owns the Westshore Terminals Limited Partnership. The company operates a coal storage and loading terminal at Roberts Bank, British Columbia, and revenue is derived from rates charged for loading coal onto seagoing vessels. The company services coal from mines in British Columbia, Alberta, and the northwestern United States. The coal is delivered to the terminal in unit trains and then unloaded and transferred onto a ship. It is then shipped to multiple countries across the world, with the majority headed to Japan, Korea and China.

Westshore Terminals Investment (Westshore Terminals Investment) Headlines

From GuruFocus

Westshore Terminals Set to Decline Another 70%

By Bram de Haas Bram de Haas • 01-10-2020

Westshore Terminals Investment Stock Gives Every Indication Of Being Fairly Valued

By GF Value GF Value • 04-25-2021