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BYDGF (Boyd Group Services) Days Payable : 71.09 (As of Sep. 2024)


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What is Boyd Group Services Days Payable?

Boyd Group Services's average Accounts Payable for the three months ended in Sep. 2024 was $318 Mil. Boyd Group Services's Cost of Goods Sold for the three months ended in Sep. 2024 was $409 Mil. Hence, Boyd Group Services's Days Payable for the three months ended in Sep. 2024 was 71.09.

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

BYDGF' s Days Payable Range Over the Past 10 Years
Min: 65.57   Med: 75.03   Max: 91.8
Current: 71.99

During the past 13 years, Boyd Group Services's highest Days Payable was 91.80. The lowest was 65.57. And the median was 75.03.

BYDGF's Days Payable is ranked better than
54.44% of 1273 companies
in the Vehicles & Parts industry
Industry Median: 66.34 vs BYDGF: 71.99

Boyd Group Services's Days Payable declined from Sep. 2023 (77.55) to Sep. 2024 (71.09). It may suggest that Boyd Group Services accelerated paying its suppliers.


Boyd Group Services Days Payable Historical Data

The historical data trend for Boyd Group Services'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.

Boyd Group Services Days Payable Chart

Boyd Group Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.33 90.54 82.76 76.82 73.59

Boyd Group Services Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 77.55 77.37 70.06 69.21 71.09

Competitive Comparison of Boyd Group Services's Days Payable

For the Auto & Truck Dealerships subindustry, Boyd Group Services'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.


Boyd Group Services's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Boyd Group Services's Days Payable distribution charts can be found below:

* The bar in red indicates where Boyd Group Services's Days Payable falls into.



Boyd Group Services 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.

Boyd Group Services'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
=( (307.729 + 339.823) / 2 ) / 1605.924*365
=323.776 / 1605.924*365
=73.59

Boyd Group Services's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (316.195 + 320.628) / 2 ) / 408.719*365 / 4
=318.4115 / 408.719*365 / 4
=71.09

* 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.


Boyd Group Services Days Payable Related Terms

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Boyd Group Services Business Description

Traded in Other Exchanges
Address
1745 Ellice Avenue, Unit C1, Winnipeg, MB, CAN, R3H 1A6
Boyd Group Services Inc is engaged in operating non-franchised collision repair centers in North America. The Company's primary line of business is automotive collision and glass repair and related services, with the majority of revenues relating to this group of similar services. This line of business operates in Canada and the U.S. and both regions exhibit similar long-term economic characteristics. he Company is also a retail auto glass operator in the United States, under the trade names Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority, and Autoglassonly.com. In addition, the Company operates a third-party administrator, Gerber National Claims Services (GNCS), that offers glass, emergency roadside, and first notice of loss services.

Boyd Group Services Headlines

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