Gannett Co (FRA:2N2A) Days Payable : 33.22 (As of Mar. 2024)

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What is Gannett Co Days Payable?

Gannett Co's average Accounts Payable for the three months ended in Mar. 2024 was €135 Mil. Gannett Co's Cost of Goods Sold for the three months ended in Mar. 2024 was €370 Mil. Hence, Gannett Co's Days Payable for the three months ended in Mar. 2024 was 33.22.

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

FRA:2N2A' s Days Payable Range Over the Past 10 Years
Min: 5.25 Med: 17.53 Max: 35.73
Current: 33.63

During the past 13 years, Gannett Co's highest Days Payable was 35.73. The lowest was 5.25. And the median was 17.53.

FRA:2N2A's Days Payable is ranked worse than
77.19% of 925 companies
in the Media - Diversified industry
Industry Median: 79.7 vs FRA:2N2A: 33.63

Gannett Co's Days Payable declined from Mar. 2023 (36.69) to Mar. 2024 (33.22). It may suggest that Gannett Co accelerated paying its suppliers.

Gannett Co Days Payable Historical Data

The historical data trend for Gannett Co'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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Gannett Co Days Payable Chart

Gannett Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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27.59

26.26

26.84

33.01

36.34

Gannett Co 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															36.69	33.82	34.66	33.16	33.22

Competitive Comparison of Gannett Co's Days Payable

For the Publishing subindustry, Gannett Co'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.

Gannett Co's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Gannett Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Gannett Co's Days Payable falls into.

Gannett Co 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.

Gannett Co'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
=	( (178.505	+	130.411)	/	2 )	/	1551.592	*	365
=	154.458					/	1551.592	*	365
=	36.34

Gannett Co'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
=	( (130.411	+	139.105)	/	2 )	/	370.207	*	365 / 4
=	134.758					/	370.207	*	365 / 4
=	33.22

Gannett Co Days Payable Related Terms

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Gannett Co (FRA:2N2A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Gannett Co Inc (FRA:2N2A) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GCI:USA

Address

7950 Jones Branch Drive, McLean, VA, USA, 22107-0910

Website

https://www.gannett.com

Gannett Co Inc is a digital newspaper company providing local media and marketing solutions in the U.S. The Group operate in two segments, Gannett Media and Digital Marketing Solutions. The majority of revenue is from the Gannett media segment. The company's brands include USA TODAY and more than 250 daily newspapers as well as digital marketing services companies, including ReachLocal, WordStream and others. The company produces more than 350 annual events, such as themed expos. The company also operates in the U.K. through the U.K. media company Newsquest to provide more than 150 local media brands.

Gannett Co (FRA:2N2A) Headlines

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