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GDI Integrated Facility Services (TSX:GDI) Days Payable : 52.35 (As of Dec. 2023)


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What is GDI Integrated Facility Services Days Payable?

GDI Integrated Facility Services's average Accounts Payable for the three months ended in Dec. 2023 was C$292 Mil. GDI Integrated Facility Services's Cost of Goods Sold for the three months ended in Dec. 2023 was C$509 Mil. Hence, GDI Integrated Facility Services's Days Payable for the three months ended in Dec. 2023 was 52.35.

The historical rank and industry rank for GDI Integrated Facility Services's Days Payable or its related term are showing as below:

TSX:GDI' s Days Payable Range Over the Past 10 Years
Min: 25.68   Med: 51.88   Max: 60.32
Current: 53.5

During the past 13 years, GDI Integrated Facility Services's highest Days Payable was 60.32. The lowest was 25.68. And the median was 51.88.

TSX:GDI's Days Payable is ranked better than
54.71% of 923 companies
in the Business Services industry
Industry Median: 47.09 vs TSX:GDI: 53.50

GDI Integrated Facility Services's Days Payable declined from Dec. 2022 (54.65) to Dec. 2023 (52.35). It may suggest that GDI Integrated Facility Services accelerated paying its suppliers.


GDI Integrated Facility Services Days Payable Historical Data

The historical data trend for GDI Integrated Facility Services'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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GDI Integrated Facility Services Days Payable Chart

GDI Integrated Facility Services 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 48.67 51.88 60.32 56.45 53.64

GDI Integrated Facility Services 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 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 54.65 54.88 54.16 52.40 52.35

Competitive Comparison of GDI Integrated Facility Services's Days Payable

For the Specialty Business Services subindustry, GDI Integrated Facility Services'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.


GDI Integrated Facility Services's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, GDI Integrated Facility Services's Days Payable distribution charts can be found below:

* The bar in red indicates where GDI Integrated Facility Services's Days Payable falls into.



GDI Integrated Facility Services 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.

GDI Integrated Facility Services'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
=( (286 + 298) / 2 ) / 1987*365
=292 / 1987*365
=53.64

GDI Integrated Facility Services'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
=( (286 + 298) / 2 ) / 509*365 / 4
=292 / 509*365 / 4
=52.35

* 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.


GDI Integrated Facility Services Days Payable Related Terms

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GDI Integrated Facility Services (TSX:GDI) Business Description

Traded in Other Exchanges
Address
695, 90th Avenue, LaSalle, Montreal, QC, CAN, H8R 3A4
GDI Integrated Facility Services Inc is engaged in the facility services sector. The company's operating segment includes Janitorial Canada, Janitorial USA, Technical services, and Complementary Services. It generates maximum revenue from the Technical Services segment. The Technical Services segment provides building system controls, mechanical maintenance and services in relation to heating, ventilation, air conditioning (HVAC), electrical, energy engineering service offering and energy performance optimization, cabling for data transport, high voltage for commercial, industrial, institutional, government and residential building clients.

GDI Integrated Facility Services (TSX:GDI) Headlines

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