Grand Vision Media Holdings (LSE:GVMH) Days Payable : 659.44 (As of Dec. 2023)

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What is Grand Vision Media Holdings Days Payable?

Grand Vision Media Holdings's average Accounts Payable for the six months ended in Dec. 2023 was £0.97 Mil. Grand Vision Media Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was £0.27 Mil. Hence, Grand Vision Media Holdings's Days Payable for the six months ended in Dec. 2023 was 659.44.

The historical rank and industry rank for Grand Vision Media Holdings's Days Payable or its related term are showing as below:

LSE:GVMH' s Days Payable Range Over the Past 10 Years
Min: 267.2 Med: 451.97 Max: 1659.09
Current: 711.15

During the past 8 years, Grand Vision Media Holdings's highest Days Payable was 1659.09. The lowest was 267.20. And the median was 451.97.

LSE:GVMH's Days Payable is ranked better than
92.92% of 932 companies
in the Media - Diversified industry
Industry Median: 79.485 vs LSE:GVMH: 711.15

Grand Vision Media Holdings's Days Payable declined from Dec. 2022 (928.54) to Dec. 2023 (659.44). It may suggest that Grand Vision Media Holdings accelerated paying its suppliers.

Grand Vision Media Holdings Days Payable Historical Data

The historical data trend for Grand Vision Media Holdings'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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Grand Vision Media Holdings Days Payable Chart

Grand Vision Media Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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411.50

981.86

1,659.09

941.68

451.97

Grand Vision Media Holdings Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial										2,107.63	1,454.83	928.54	1,151.38	659.44

Competitive Comparison of Grand Vision Media Holdings's Days Payable

For the Advertising Agencies subindustry, Grand Vision Media Holdings'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.

Grand Vision Media Holdings's Days Payable Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Grand Vision Media Holdings's Days Payable falls into.

Grand Vision Media Holdings 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.

Grand Vision Media Holdings'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
=	( (0.546	+	0.509)	/	2 )	/	0.426	*	365
=	0.5275					/	0.426	*	365
=	451.97

Grand Vision Media Holdings'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1.435	+	0.509)	/	2 )	/	0.269	*	365 / 2
=	0.972					/	0.269	*	365 / 2
=	659.44

Grand Vision Media Holdings Days Payable Related Terms

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Grand Vision Media Holdings (LSE:GVMH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Grand Vision Media Holdings PLC (LSE:GVMH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-7 Cranwood Street, Finsgate, London, GBR, EC2M 7LD

Website

https://www.gvmh.co.uk

Grand Vision Media Holdings PLC is an integrated digital out-of-home media provider by deploying display and marketing technologies at strategic, and high-traffic locations. The company has a single segment being social media advertising and operates in the People's Republic of China.

Grand Vision Media Holdings (LSE:GVMH) Headlines

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