RDE (RSTN) Days Payable : 2.03 (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is RDE Days Payable?

RDE's average Accounts Payable for the three months ended in Dec. 2023 was $1.69 Mil. RDE's Cost of Goods Sold for the three months ended in Dec. 2023 was $75.97 Mil. Hence, RDE's Days Payable for the three months ended in Dec. 2023 was 2.03.

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

RSTN' s Days Payable Range Over the Past 10 Years
Min: 4.62 Med: 216.74 Max: 277113.21
Current: 6.92

During the past 13 years, RDE's highest Days Payable was 277113.21. The lowest was 4.62. And the median was 216.74.

RSTN's Days Payable is ranked worse than
94.44% of 432 companies
in the Interactive Media industry
Industry Median: 60.97 vs RSTN: 6.92

RDE's Days Payable increased from Dec. 2022 (1.29) to Dec. 2023 (2.03). It may suggest that RDE delayed paying its suppliers.

RDE Days Payable Historical Data

The historical data trend for RDE'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.

RDE Days Payable Chart

RDE Annual Data

Trend

Aug03

Aug04

Aug05

May16

May17

May18

Dec19

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

121.95

851.51

4.62

8.22

RDE Quarterly Data
	Feb18	May18	Aug18	Nov18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															1.29	1,215.07	1,188.51	1,885.83	2.03

Competitive Comparison of RDE's Days Payable

For the Internet Content & Information subindustry, RDE'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.

RDE's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, RDE's Days Payable distribution charts can be found below:

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

RDE 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.

RDE'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
=	( (1.214	+	2.218)	/	2 )	/	76.221	*	365
=	1.716					/	76.221	*	365
=	8.22

RDE'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
=	( (1.165	+	2.218)	/	2 )	/	75.965	*	365 / 4
=	1.6915					/	75.965	*	365 / 4
=	2.03

RDE Days Payable Related Terms

Thank you for viewing the detailed overview of RDE's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.