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Telephone and Data Systems (Telephone and Data Systems) Days Payable : 56.88 (As of Mar. 2024)


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What is Telephone and Data Systems Days Payable?

Telephone and Data Systems's average Accounts Payable for the three months ended in Mar. 2024 was $331.00 Mil. Telephone and Data Systems's Cost of Goods Sold for the three months ended in Mar. 2024 was $531.00 Mil. Hence, Telephone and Data Systems's Days Payable for the three months ended in Mar. 2024 was 56.88.

The historical rank and industry rank for Telephone and Data Systems's Days Payable or its related term are showing as below:

TDSpV.PFD' s Days Payable Range Over the Past 10 Years
Min: 53.65   Med: 60.95   Max: 73.01
Current: 61.66

During the past 13 years, Telephone and Data Systems's highest Days Payable was 73.01. The lowest was 53.65. And the median was 60.95.

TDSpV.PFD's Days Payable is ranked worse than
68.7% of 345 companies
in the Telecommunication Services industry
Industry Median: 104.28 vs TDSpV.PFD: 61.66

Telephone and Data Systems's Days Payable declined from Mar. 2023 (65.51) to Mar. 2024 (56.88). It may suggest that Telephone and Data Systems accelerated paying its suppliers.


Telephone and Data Systems Days Payable Historical Data

The historical data trend for Telephone and Data Systems'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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Telephone and Data Systems Days Payable Chart

Telephone and Data Systems 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 57.71 68.38 73.01 70.23 67.71

Telephone and Data Systems 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 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 65.51 56.87 73.55 68.40 56.88

Competitive Comparison of Telephone and Data Systems's Days Payable

For the Telecom Services subindustry, Telephone and Data Systems'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.


Telephone and Data Systems's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telephone and Data Systems's Days Payable distribution charts can be found below:

* The bar in red indicates where Telephone and Data Systems's Days Payable falls into.



Telephone and Data Systems 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.

Telephone and Data Systems'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
=( (506 + 360) / 2 ) / 2334*365
=433 / 2334*365
=67.71

Telephone and Data Systems'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
=( (360 + 302) / 2 ) / 531*365 / 4
=331 / 531*365 / 4
=56.88

* 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.


Telephone and Data Systems Days Payable Related Terms

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Telephone and Data Systems (Telephone and Data Systems) Business Description

Traded in Other Exchanges
Address
30 North LaSalle Street, Suite 4000, Chicago, IL, USA, 60602
Telephone and Data Systems Inc is a diversified telecommunications operator that provides mobile, telephone, and broadband services. The company's segments include UScellular and TDS Telecom. It generates maximum revenue from the UScellular segment.