Gremi Media (WAR:GME) Days Payable : 120.11 (As of Mar. 2024)

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What is Gremi Media Days Payable?

Gremi Media's average Accounts Payable for the three months ended in Mar. 2024 was zł14.38 Mil. Gremi Media's Cost of Goods Sold for the three months ended in Mar. 2024 was zł10.93 Mil. Hence, Gremi Media's Days Payable for the three months ended in Mar. 2024 was 120.11.

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

WAR:GME' s Days Payable Range Over the Past 10 Years
Min: 68.56 Med: 85.53 Max: 134.24
Current: 115.18

During the past 11 years, Gremi Media's highest Days Payable was 134.24. The lowest was 68.56. And the median was 85.53.

WAR:GME's Days Payable is ranked better than
62.51% of 931 companies
in the Media - Diversified industry
Industry Median: 79.27 vs WAR:GME: 115.18

Gremi Media's Days Payable increased from Mar. 2023 (117.90) to Mar. 2024 (120.11). It may suggest that Gremi Media delayed paying its suppliers.

Gremi Media Days Payable Historical Data

The historical data trend for Gremi Media'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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Gremi Media Days Payable Chart

Gremi Media Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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80.11

84.00

78.42

87.06

88.16

Gremi Media 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															117.90	127.39	124.40	88.98	120.11

Competitive Comparison of Gremi Media's Days Payable

For the Publishing subindustry, Gremi Media'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.

Gremi Media's Days Payable Distribution in the Media - Diversified Industry

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

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

Gremi Media 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.

Gremi Media'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
=	( (14.462	+	11.791)	/	2 )	/	54.349	*	365
=	13.1265					/	54.349	*	365
=	88.16

Gremi Media'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
=	( (11.791	+	16.974)	/	2 )	/	10.927	*	365 / 4
=	14.3825					/	10.927	*	365 / 4
=	120.11

Gremi Media Days Payable Related Terms

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Gremi Media (WAR:GME) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Gremi Media SA (WAR:GME) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

ul. Prosta 51, Prosta Office Center, Warszawa, POL, 00-838

Website

https://www.gremimedia.pl

Gremi Media SA is a Poland based company, engages in offering economic and business press and an Internet portfolio for professionals and senior managers. It is a polish publisher offering specialized business and legal content in online and offline media. It presents daily commentaries and analyses relating to political, economic and legal events. It offers different services: Compress SA, specializing in creating comprehensive PR strategies and communication solutions.