Kartoon Studios (LTS:0A4O) Days Payable : 304.49 (As of Mar. 2024)

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What is Kartoon Studios Days Payable?

Kartoon Studios's average Accounts Payable for the three months ended in Mar. 2024 was $14.43 Mil. Kartoon Studios's Cost of Goods Sold for the three months ended in Mar. 2024 was $4.33 Mil. Hence, Kartoon Studios's Days Payable for the three months ended in Mar. 2024 was 304.49.

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

LTS:0A4O' s Days Payable Range Over the Past 10 Years
Min: 49.21 Med: 107.82 Max: 2301.33
Current: 109.83

During the past 13 years, Kartoon Studios's highest Days Payable was 2301.33. The lowest was 49.21. And the median was 107.82.

LTS:0A4O's Days Payable is ranked better than
60.13% of 923 companies
in the Media - Diversified industry
Industry Median: 79.7 vs LTS:0A4O: 109.83

Kartoon Studios's Days Payable increased from Mar. 2023 (68.88) to Mar. 2024 (304.49). It may suggest that Kartoon Studios delayed paying its suppliers.

Kartoon Studios Days Payable Historical Data

The historical data trend for Kartoon Studios'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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Kartoon Studios Days Payable Chart

Kartoon Studios Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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49.21

148.82

66.22

68.87

127.84

Kartoon Studios 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															68.88	56.61	53.64	198.05	304.49

Competitive Comparison of Kartoon Studios's Days Payable

For the Entertainment subindustry, Kartoon Studios'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.

Kartoon Studios's Days Payable Distribution in the Media - Diversified Industry

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

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

Kartoon Studios 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.

Kartoon Studios'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
=	( (11.436	+	16.864)	/	2 )	/	40.399	*	365
=	14.15					/	40.399	*	365
=	127.84

Kartoon Studios'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
=	( (16.864	+	12)	/	2 )	/	4.325	*	365 / 4
=	14.432					/	4.325	*	365 / 4
=	304.49

Kartoon Studios Days Payable Related Terms

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Kartoon Studios (LTS:0A4O) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Kartoon Studios Inc (LTS:0A4O) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TOON:USA 4XV0:Germany

Address

190 N. Canon Drive, 4th Floor, Beverly Hills, CA, USA, 90210

Website

https://www.kartoonstudios.com

Kartoon Studios Inc is a media company developing, producing, marketing, and licensing branded animated entertainment properties and consumer products for media and retail distribution. Its portfolio features programming for toddlers to tweens, including the preschool properties Rainbow Rangers for Nick Jr. and Llama Llama for Netflix, Stan Lee's Superhero Kindergarten, Shaq's Garage, toddler brand Baby Genius, STEM-based series Thomas Edison's Secret Lab, Warren Buffett's Secret Millionaires Club, and the new preschool show, Stan Lee's Superhero Kindergarten. The company's channel is available on television and mobile devices through distribution platforms, including Comcast, Cox, DISH, Sling TV, Apple TV, Roku, Android TV, Tubi, Xumo, and Amazon Fire.

Kartoon Studios (LTS:0A4O) Headlines

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