TUEMQ (Tuesday Morning) Days Payable: 34.60 (As of Sep. 2022)

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What is Tuesday Morning Days Payable?

Tuesday Morning TUEMQ -99.00% Days Payable is 34.60 as of Sep. 2022.

Tuesday Morning's average Accounts Payable for the three months ended in Sep. 2022 was $46.4 Mil. Tuesday Morning's Cost of Goods Sold for the three months ended in Sep. 2022 was $122.5 Mil. Hence, Tuesday Morning's Days Payable for the three months ended in Sep. 2022 was 34.60.

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

TUEMQ's Days Payable is not ranked *
in the Retail - Defensive industry.
Industry Median: 43.755
* Ranked among companies with meaningful Days Payable only.

Tuesday Morning's Days Payable declined from Sep. 2021 (37.25) to Sep. 2022 (34.60). It may suggest that Tuesday Morning accelerated paying its suppliers.

Tuesday Morning Days Payable Historical Data

* Premium members only.

The historical data trend for Tuesday Morning'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.

Tuesday Morning Days Payable Chart

Tuesday Morning Annual Data
Trend Jun19 Jun20 Jun21 Jun22
Days Payable
0.00 3.41 19.37 28.37

Tuesday Morning Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.25 23.69 30.06 29.04 34.60

TUEMQ vs WMT, COST, TGT: Days Payable Comparison

For the Discount Stores subindustry, Tuesday Morning'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.

Tuesday Morning Days Payable vs Retail - Defensive Industry

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

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


Tuesday Morning 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.

Tuesday Morning's Days Payable for the fiscal year that ended in Jun. 2022 is calculated as

Days Payable (A: Jun. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2021 ) + Accounts Payable (A: Jun. 2022 )) / count ) / Cost of Goods Sold (A: Jun. 2022 )*Days in Period
=( (45.93 + 40.797) / 2 ) / 557.988*365
=43.3635 / 557.988*365
=28.37

Tuesday Morning's Days Payable for the quarter that ended in Sep. 2022 is calculated as:

Days Payable (Q: Sep. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2022 ) + Accounts Payable (Q: Sep. 2022 )) / count ) / Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=( (40.797 + 52.071) / 2 ) / 122.469*365 / 4
=46.434 / 122.469*365 / 4
=34.60

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 34.60 mean?
Tuesday Morning (TUEMQ) has a Days Payable of 34.60 as of Sep. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tuesday Morning and its competitors.
Is Tuesday Morning's Days Payable too high?
Tuesday Morning's current Days Payable is 34.60. The Retail - Defensive industry median Days Payable is 43.76. Tuesday Morning's value of 34.60 is 20.9% below this industry median.
How does Tuesday Morning's Days Payable compare to WMT and COST?
Tuesday Morning's Days Payable of 34.60 can be compared against companies in the Retail - Defensive industry. The industry median Days Payable is 43.76. Tuesday Morning's value of 34.60 is 20.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Retail - Defensive company?
The median Days Payable among Retail - Defensive companies is 43.76, based on 304 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tuesday Morning's current Days Payable of 34.60 is 20.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tuesday Morning and its competitors. For the Retail - Defensive industry, the median Days Payable is 43.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tuesday Morning's current Days Payable is 34.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tuesday Morning stock overvalued right now?
Tuesday Morning (TUEMQ) has a current Days Payable of 34.60. The current Days Payable is 34.60 and 20.9% below the Retail - Defensive industry median of 43.76. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Tuesday Morning (TUEMQ), the current Days Payable is 34.60 as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tuesday Morning Business Description

Address 6250 LBJ Freeway, Dallas, TX, USA, 75240
Tuesday Morning Corp is a retail chain company. It specializes in both domestic and international closeouts of medium to high-end name brand gifts, luxury home textiles, home furnishings, housewares and seasonal decor.