TWC Enterprises (TWC Enterprises) Days Payable : 23.47 (As of Dec. 2023)

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What is TWC Enterprises Days Payable?

TWC Enterprises's average Accounts Payable for the three months ended in Dec. 2023 was $8.4 Mil. TWC Enterprises's Cost of Goods Sold for the three months ended in Dec. 2023 was $32.6 Mil. Hence, TWC Enterprises's Days Payable for the three months ended in Dec. 2023 was 23.47.

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

CLKXF' s Days Payable Range Over the Past 10 Years
Min: 47.6 Med: 71.09 Max: 100.07
Current: 54.21

During the past 13 years, TWC Enterprises's highest Days Payable was 100.07. The lowest was 47.60. And the median was 71.09.

CLKXF's Days Payable is ranked worse than
54.06% of 751 companies
in the Travel & Leisure industry
Industry Median: 60.61 vs CLKXF: 54.21

TWC Enterprises's Days Payable declined from Dec. 2022 (408.75) to Dec. 2023 (23.47). It may suggest that TWC Enterprises accelerated paying its suppliers.

TWC Enterprises Days Payable Historical Data

The historical data trend for TWC Enterprises'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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TWC Enterprises Days Payable Chart

TWC Enterprises Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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55.74

98.51

49.06

100.40

47.32

TWC Enterprises Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															610.58	53.70	93.97	23.47	-

Competitive Comparison of TWC Enterprises's Days Payable

For the Leisure subindustry, TWC Enterprises'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.

TWC Enterprises's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, TWC Enterprises's Days Payable distribution charts can be found below:

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

TWC Enterprises 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.

TWC Enterprises'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
=	( (7.293	+	8.128)	/	2 )	/	59.47	*	365
=	7.7105					/	59.47	*	365
=	47.32

TWC Enterprises'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
=	( (8.62	+	8.128)	/	2 )	/	32.558	*	365 / 4
=	8.374					/	32.558	*	365 / 4
=	23.47

TWC Enterprises Days Payable Related Terms

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TWC Enterprises (TWC Enterprises) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » TWC Enterprises Ltd (OTCPK:CLKXF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TWC:Canada

Address

15675 Dufferin Street, King City, ON, CAN, L7B 1K5

Website

https://www.twcenterprises.ca

TWC Enterprises Ltd is a leisure services provider in Canada. Its core business is Golf club operations under the brand name ClubLink One Membership More Golf. The company's geographical segment includes Canadian golf club operation and United States golf club operation. It generates maximum revenue from the Canadian golf club operation segment.