Lumen Technologies (STU:CYTH) Days Payable : 57.03 (As of Dec. 2023)

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What is Lumen Technologies Days Payable?

Lumen Technologies's average Accounts Payable for the three months ended in Dec. 2023 was €995 Mil. Lumen Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was €1,593 Mil. Hence, Lumen Technologies's Days Payable for the three months ended in Dec. 2023 was 57.03.

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

STU:CYTH' s Days Payable Range Over the Past 10 Years
Min: 40.68 Med: 55 Max: 73.07
Current: 56.15

During the past 13 years, Lumen Technologies's highest Days Payable was 73.07. The lowest was 40.68. And the median was 55.00.

STU:CYTH's Days Payable is ranked worse than
71.47% of 347 companies
in the Telecommunication Services industry
Industry Median: 101.41 vs STU:CYTH: 56.15

Lumen Technologies's Days Payable increased from Dec. 2022 (53.06) to Dec. 2023 (57.03). It may suggest that Lumen Technologies delayed paying its suppliers.

Lumen Technologies Days Payable Historical Data

The historical data trend for Lumen Technologies'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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Lumen Technologies Days Payable Chart

Lumen Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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72.17

61.72

38.94

40.70

56.42

Lumen Technologies 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															53.06	54.90	60.71	53.48	57.03

Competitive Comparison of Lumen Technologies's Days Payable

For the Telecom Services subindustry, Lumen Technologies'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.

Lumen Technologies's Days Payable Distribution in the Telecommunication Services Industry

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

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

Lumen Technologies 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.

Lumen Technologies'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
=	( (985.536	+	1039.878)	/	2 )	/	6551.048	*	365
=	1012.707					/	6551.048	*	365
=	56.42

Lumen Technologies'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
=	( (951.055	+	1039.878)	/	2 )	/	1592.829	*	365 / 4
=	995.4665					/	1592.829	*	365 / 4
=	57.03

Lumen Technologies Days Payable Related Terms

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Lumen Technologies (STU:CYTH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Lumen Technologies Inc (STU:CYTH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

LUMN:USA LUMN:Mexico 1CYTH:Italy L1MN34:Brazil

Address

100 CenturyLink Drive, Monroe, LA, USA, 71203

Website

https://www.lumen.com

With 450,000 route miles of fiber, including over 35,000 route miles of subsea fiber connecting Europe, Asia, and Latin America, Lumen Technologies is one of the United States' largest telecommunications carriers serving global enterprises. Its merger with Level 3 in 2017 and divestiture of much of its incumbent local exchange carrier, or ILEC, business in 2022 has shifted the company's operations away from its legacy consumer business and toward enterprises (now nearly 80% of revenue). Lumen offers businesses a full menu of communications services, providing colocation and data center services, data transportation, and end-user phone and internet service. On the consumer side, Lumen provides broadband and phone service across 37 states, where it has 4.5 million broadband customers.