TSAT (Telesat) Days Payable : 2,331.35 (As of Sep. 2024)

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What is Telesat Days Payable?

Telesat's average Accounts Payable for the three months ended in Sep. 2024 was $117.2 Mil. Telesat's Cost of Goods Sold for the three months ended in Sep. 2024 was $4.6 Mil. Hence, Telesat's Days Payable for the three months ended in Sep. 2024 was 2,331.35.

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

TSAT' s Days Payable Range Over the Past 10 Years
Min: 18.36 Med: 42.24 Max: 833.93
Current: 833.93

During the past 5 years, Telesat's highest Days Payable was 833.93. The lowest was 18.36. And the median was 42.24.

TSAT's Days Payable is ranked better than
98.63% of 2409 companies
in the Hardware industry
Industry Median: 68.75 vs TSAT: 833.93

Telesat's Days Payable increased from Sep. 2023 (311.06) to Sep. 2024 (2,331.35). It may suggest that Telesat delayed paying its suppliers.

Telesat Days Payable Historical Data

The historical data trend for Telesat'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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Telesat Days Payable Chart

Telesat Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

58.98

53.42

19.07

30.90

Telesat Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial												311.06	253.26	239.72	881.29	2,331.35

Competitive Comparison of Telesat's Days Payable

For the Communication Equipment subindustry, Telesat'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.

Telesat's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Telesat's Days Payable distribution charts can be found below:

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

Telesat 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.

Telesat'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
=	( (1.455	+	3.406)	/	2 )	/	28.709	*	365
=	2.4305					/	28.709	*	365
=	30.90

Telesat'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
=	( (118.192	+	116.246)	/	2 )	/	4.588	*	365 / 4
=	117.219					/	4.588	*	365 / 4
=	2,331.35

Telesat Days Payable Related Terms

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Telesat Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Telesat Corp (NAS:TSAT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ZE2:Germany TSAT:Canada

Address

160 Elgin Street, Ottawa, ON, CAN, K2P 2P7

Website

https://www.telesat.com

Telesat Corp is a global satellite operator, that provides its customers with mission-critical communications services. It operates in a single operating segment, in which it provides satellite-based services to its broadcast, enterprise, and consulting customers around the world. Geographically, it derives a majority of its revenue from Canada. It derives revenue from Broadcast, Enterprise, Consulting, and others.

Executives

Mario J Gabelli	10 percent owner	191 MASON STREET, GREENWICH CT 06830
Gamco Investors, Inc. Et Al	10 percent owner	191 MASON STREET, GREENWICH CT 06830
Ggcp, Inc.	10 percent owner	189 MASON STREET, GREENWICH CT 06830
Associated Capital Group, Inc.	10 percent owner	191 MASON STREET, GREENWICH CT 06830