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United States Cellular (STU:US7) Days Payable : 53.22 (As of Mar. 2024)


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What is United States Cellular Days Payable?

United States Cellular's average Accounts Payable for the three months ended in Mar. 2024 was €214 Mil. United States Cellular's Cost of Goods Sold for the three months ended in Mar. 2024 was €366 Mil. Hence, United States Cellular's Days Payable for the three months ended in Mar. 2024 was 53.22.

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

STU:US7' s Days Payable Range Over the Past 10 Years
Min: 56.82   Med: 61.84   Max: 69.15
Current: 56.82

During the past 13 years, United States Cellular's highest Days Payable was 69.15. The lowest was 56.82. And the median was 61.84.

STU:US7's Days Payable is ranked worse than
71.59% of 345 companies
in the Telecommunication Services industry
Industry Median: 102.31 vs STU:US7: 56.82

United States Cellular's Days Payable declined from Mar. 2023 (58.07) to Mar. 2024 (53.22). It may suggest that United States Cellular accelerated paying its suppliers.


United States Cellular Days Payable Historical Data

The historical data trend for United States Cellular'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.

* Premium members only.

United States Cellular Days Payable Chart

United States Cellular Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.65 71.36 66.59 61.89 62.85

United States Cellular Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 58.07 48.95 70.97 64.63 53.22

Competitive Comparison of United States Cellular's Days Payable

For the Telecom Services subindustry, United States Cellular'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.


United States Cellular's Days Payable Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where United States Cellular's Days Payable falls into.



United States Cellular 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.

United States Cellular'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
=( (324.736 + 220.997) / 2 ) / 1584.576*365
=272.8665 / 1584.576*365
=62.85

United States Cellular's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (220.997 + 206.08) / 2 ) / 366.16*365 / 4
=213.5385 / 366.16*365 / 4
=53.22

* 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.


United States Cellular Days Payable Related Terms

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United States Cellular (STU:US7) Business Description

Traded in Other Exchanges
Address
8410 West Bryn Mawr, Chicago, IL, USA, 60631
U.S. Cellular is a regional wireless carrier that serves about 5 million customers spread across four major geographic clusters: the Midwest, mid-Atlantic, New England, and the Pacific Northwest. These service territories encompass a total population of about 32 million people. The vast majority of the markets the firm serves are rural or second/third-tier cities, with only the greater Milwaukee and Oklahoma City regions boasting populations greater than 1 million. U.S. Cellular also owns a 5.5% stake in Verizon Wireless' Los Angeles operations and, unlike its wireless carrier peers, owns most of its own towers.

United States Cellular (STU:US7) Headlines

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