Loblaw (TSX:L) Days Payable : 43.51 (As of Sep. 2024)

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What is Loblaw Days Payable?

Loblaw's average Accounts Payable for the three months ended in Sep. 2024 was C$6,039 Mil. Loblaw's Cost of Goods Sold for the three months ended in Sep. 2024 was C$12,665 Mil. Hence, Loblaw's Days Payable for the three months ended in Sep. 2024 was 43.51.

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

TSX:L' s Days Payable Range Over the Past 10 Years
Min: 48.79 Med: 55.61 Max: 59.16
Current: 54.6

During the past 13 years, Loblaw's highest Days Payable was 59.16. The lowest was 48.79. And the median was 55.61.

TSX:L's Days Payable is ranked better than
63.55% of 310 companies
in the Retail - Defensive industry
Industry Median: 44.495 vs TSX:L: 54.60

Loblaw's Days Payable increased from Sep. 2023 (43.43) to Sep. 2024 (43.51). It may suggest that Loblaw delayed paying its suppliers.

Loblaw Days Payable Historical Data

The historical data trend for Loblaw'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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Loblaw Days Payable Chart

Loblaw Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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58.25

53.25

54.24

55.19

56.53

Loblaw Quarterly Data
	Sep19	Dec19	Mar20	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															43.43	57.90	61.90	57.98	43.51

Competitive Comparison of Loblaw's Days Payable

For the Grocery Stores subindustry, Loblaw'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.

Loblaw's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Loblaw's Days Payable distribution charts can be found below:

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

Loblaw 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.

Loblaw'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
=	( (6218	+	6324)	/	2 )	/	40492	*	365
=	6271					/	40492	*	365
=	56.53

Loblaw'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
=	( (5794	+	6283)	/	2 )	/	12665	*	365 / 4
=	6038.5					/	12665	*	365 / 4
=	43.51

Loblaw Days Payable Related Terms

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Loblaw Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Loblaw Companies Ltd (TSX:L) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LBLCF:USA L8G:Germany L.PR.B.PFD:Canada

Address

1 President’s Choice Circle, Brampton, ON, CAN, L6Y 5S5

Website

https://www.loblaw.ca

Loblaw is Canada's largest retailer, operating 2,460 food retail and pharmacy stores across the country. Its main grocery banners include Loblaw, No Frills, and Maxi, and its pharmacy stores are mostly under the Shoppers Drug Mart banner, which it acquired in 2014. In addition to brand-name offerings, Loblaw offers private-label products under the President's Choice and No Name brands. Beyond retail, Loblaw runs the PC Optimum loyalty program and also offers credit cards and insurance brokerage, which are collectively referred to as financial services. George Weston is Loblaw's controlling shareholder with a 53% stake.

Executives

Jeffrey Francis Leger	Senior Officer
Robert Wayne Wiebe	Senior Officer
Kieran Barry Columb	Senior Officer
Mark William Henry Wilson	Senior Officer
Frank Gambioli	Senior Officer
Nicholas Henn	Senior Officer
Gregory Mark Ramier	Senior Officer
David Markwell	Senior Officer
M. Marianne Harris	Director, Director or Senior Officer of 10% Security Holder
Richard Dufresne	Director or Senior Officer of 10% Security Holder, Senior Officer
Willard Galen Garfield Weston	Director, Director or Senior Officer of 10% Security Holder
Jocyanne C. Bourdeau	Senior Officer
Uwe Stueckmann	Senior Officer
William Downe	Director
Darren Myers	Senior Officer