Molson Coors Canada (TSX:TPX.A) Days Payable : 170.49 (As of Dec. 2023)

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What is Molson Coors Canada Days Payable?

Molson Coors Canada's average Accounts Payable for the three months ended in Dec. 2023 was C$4,406 Mil. Molson Coors Canada's Cost of Goods Sold for the three months ended in Dec. 2023 was C$2,358 Mil. Hence, Molson Coors Canada's Days Payable for the three months ended in Dec. 2023 was 170.49.

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

TSX:TPX.A' s Days Payable Range Over the Past 10 Years
Min: 85.57 Med: 101.48 Max: 157.76
Current: 157.76

During the past 13 years, Molson Coors Canada's highest Days Payable was 157.76. The lowest was 85.57. And the median was 101.48.

TSX:TPX.A's Days Payable is ranked better than
76.85% of 203 companies
in the Beverages - Alcoholic industry
Industry Median: 80.66 vs TSX:TPX.A: 157.76

Molson Coors Canada's Days Payable increased from Dec. 2022 (160.71) to Dec. 2023 (170.49). It may suggest that Molson Coors Canada delayed paying its suppliers.

Molson Coors Canada Days Payable Historical Data

The historical data trend for Molson Coors Canada'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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Molson Coors Canada Days Payable Chart

Molson Coors Canada Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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95.46

107.50

112.32

128.35

154.21

Molson Coors Canada Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															160.71	169.41	142.30	156.68	170.49

Competitive Comparison of Molson Coors Canada's Days Payable

For the Beverages - Brewers subindustry, Molson Coors Canada'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.

Molson Coors Canada's Days Payable Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Molson Coors Canada's Days Payable distribution charts can be found below:

* The bar in red indicates where Molson Coors Canada's Days Payable falls into.

Molson Coors Canada 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.

Molson Coors Canada'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
=	( (4046.021	+	4267.361)	/	2 )	/	9838.355	*	365
=	4156.691					/	9838.355	*	365
=	154.21

Molson Coors Canada'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
=	( (4544.928	+	4267.361)	/	2 )	/	2358.264	*	365 / 4
=	4406.1445					/	2358.264	*	365 / 4
=	170.49

Molson Coors Canada Days Payable Related Terms

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Molson Coors Canada (TSX:TPX.A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Molson Coors Canada Inc (TSX:TPX.A) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TPX.B:Canada

Address

33 Carlingview Drive, Toronto, ON, CAN, M9W 5E4

Website

https://www.molsoncoors.com

Molson Coors Canada Inc is a large global brewer and distributor of beer and other malt beverages. major brands include Coors Light, Miller Lite, Molson Canadian, Carling, Staropramen, Coors Banquet, Blue Moon, Vizzy, Leinenkugel, and Creemore. Its two segments are the Americas and EMEA&APAC segments. Americas segment operates in the U.S., Canada and various countries in the Caribbean, Latin and South America and EMEA&APAC segment operates in Bulgaria, Croatia, Czech Republic, Hungary, Montenegro, the Republic of Ireland, Romania, Serbia, the U.K., various other European countries, and certain countries within the Middle East, Africa and Asia Pacific. Its breweries are located across the U.S., Canada, and Europe, with the majority of the company's revenue generated in Americas.

Molson Coors Canada (TSX:TPX.A) Headlines

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