The Wendy's Co (STU:TQK) Days Payable : 6.41 (As of Mar. 2024)

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What is The Wendy's Co Days Payable?

The Wendy's Co's average Accounts Payable for the three months ended in Mar. 2024 was €25 Mil. The Wendy's Co's Cost of Goods Sold for the three months ended in Mar. 2024 was €350 Mil. Hence, The Wendy's Co's Days Payable for the three months ended in Mar. 2024 was 6.41.

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

STU:TQK' s Days Payable Range Over the Past 10 Years
Min: 7.35 Med: 11.15 Max: 21.1
Current: 8.92

During the past 13 years, The Wendy's Co's highest Days Payable was 21.10. The lowest was 7.35. And the median was 11.15.

STU:TQK's Days Payable is ranked worse than
97.65% of 340 companies
in the Restaurants industry
Industry Median: 38.11 vs STU:TQK: 8.92

The Wendy's Co's Days Payable declined from Mar. 2023 (10.90) to Mar. 2024 (6.41). It may suggest that The Wendy's Co accelerated paying its suppliers.

The Wendy's Co Days Payable Historical Data

The historical data trend for The Wendy's Co'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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The Wendy's Co Days Payable Chart

The Wendy's Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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7.27

9.17

10.66

10.96

9.44

The Wendy's Co 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															10.90	9.75	10.12	9.62	6.41

Competitive Comparison of The Wendy's Co's Days Payable

For the Restaurants subindustry, The Wendy's Co'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.

The Wendy's Co's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, The Wendy's Co's Days Payable distribution charts can be found below:

* The bar in red indicates where The Wendy's Co's Days Payable falls into.

The Wendy's Co 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.

The Wendy's Co'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
=	( (41.532	+	25.098)	/	2 )	/	1288.486	*	365
=	33.315					/	1288.486	*	365
=	9.44

The Wendy's Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (25.098	+	24.081)	/	2 )	/	350.159	*	365 / 4
=	24.5895					/	350.159	*	365 / 4
=	6.41

The Wendy's Co Days Payable Related Terms

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The Wendy's Co (STU:TQK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » The Wendy's Co (STU:TQK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

WEN:USA TQK:Germany

Address

One Dave Thomas Boulevard, Dublin, OH, USA, 43017

Website

https://www.wendys.com

The Wendy's Company is the second-largest burger quick-service restaurant, or QSR, chain in the United States by systemwide sales, with $11.7 billion in 2022, narrowly edging Burger King ($10.3 billion) and clocking in well behind wide-moat McDonald's ($48.1 billion). After divestitures of Tim Hortons (2006) and Arby's (2011), the firm manages just the burger banner, generating sales across a footprint that spanned almost 7,100 total units in 30 countries as of year-end 2022. Wendy's generates revenue from the sale of hamburgers, chicken sandwiches, salads, and fries throughout its company-owned footprint, through franchise royalty and marketing fund payments remitted by its franchisees, which account for 94% of stores, and through franchise flipping and advisory fees.

The Wendy's Co (STU:TQK) Headlines

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