The Interpublic Group of (FRA:IPG) Days Payable : 311.15 (As of Mar. 2024)

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What is The Interpublic Group of Days Payable?

The Interpublic Group of's average Accounts Payable for the three months ended in Mar. 2024 was €6,926 Mil. The Interpublic Group of's Cost of Goods Sold for the three months ended in Mar. 2024 was €2,031 Mil. Hence, The Interpublic Group of's Days Payable for the three months ended in Mar. 2024 was 311.15.

The historical rank and industry rank for The Interpublic Group of's Days Payable or its related term are showing as below:

FRA:IPG' s Days Payable Range Over the Past 10 Years
Min: 279.4 Med: 338.15 Max: 510.06
Current: 279.4

During the past 13 years, The Interpublic Group of's highest Days Payable was 510.06. The lowest was 279.40. And the median was 338.15.

FRA:IPG's Days Payable is ranked better than
83.82% of 927 companies
in the Media - Diversified industry
Industry Median: 81.28 vs FRA:IPG: 279.40

The Interpublic Group of's Days Payable increased from Mar. 2023 (299.56) to Mar. 2024 (311.15). It may suggest that The Interpublic Group of delayed paying its suppliers.

The Interpublic Group of Days Payable Historical Data

The historical data trend for The Interpublic Group of'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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The Interpublic Group of Days Payable Chart

The Interpublic Group of Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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287.41

358.85

341.86

334.24

338.51

The Interpublic Group of 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															299.56	262.69	265.67	293.02	311.15

Competitive Comparison of The Interpublic Group of's Days Payable

For the Advertising Agencies subindustry, The Interpublic Group of'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.

The Interpublic Group of's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, The Interpublic Group of's Days Payable distribution charts can be found below:

* The bar in red indicates where The Interpublic Group of's Days Payable falls into.

The Interpublic Group of 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.

The Interpublic Group of'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
=	( (7774.123	+	7661.535)	/	2 )	/	8321.867	*	365
=	7717.829					/	8321.867	*	365
=	338.51

The Interpublic Group of'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
=	( (7661.535	+	6191.324)	/	2 )	/	2031.268	*	365 / 4
=	6926.4295					/	2031.268	*	365 / 4
=	311.15

The Interpublic Group of Days Payable Related Terms

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The Interpublic Group of (FRA:IPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » The Interpublic Group of Companies Inc (FRA:IPG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

IPG:USA

Address

909 Third Avenue, New York, NY, USA, 10022

Website

https://www.interpublic.com

Interpublic Group is among the world's largest advertising holding companies based on annual revenue. It provides traditional advertising services along with digital and other services such as public relations through various acquisitions. IPG has made these services available in over 100 countries. The company generates more than 80% of its revenue from developed regions such as the United States and Europe.