Glacier Media (TSX:GVC) Days Payable : 50.54 (As of Mar. 2024)

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What is Glacier Media Days Payable?

Glacier Media's average Accounts Payable for the three months ended in Mar. 2024 was C$14.1 Mil. Glacier Media's Cost of Goods Sold for the three months ended in Mar. 2024 was C$25.5 Mil. Hence, Glacier Media's Days Payable for the three months ended in Mar. 2024 was 50.54.

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

TSX:GVC' s Days Payable Range Over the Past 10 Years
Min: 5.22 Med: 13.03 Max: 74.79
Current: 74.79

During the past 13 years, Glacier Media's highest Days Payable was 74.79. The lowest was 5.22. And the median was 13.03.

TSX:GVC's Days Payable is ranked worse than
52.9% of 932 companies
in the Media - Diversified industry
Industry Median: 79.485 vs TSX:GVC: 74.79

Glacier Media's Days Payable increased from Mar. 2023 (49.18) to Mar. 2024 (50.54). It may suggest that Glacier Media delayed paying its suppliers.

Glacier Media Days Payable Historical Data

The historical data trend for Glacier 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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Glacier Media Days Payable Chart

Glacier Media Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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7.20

10.17

16.26

18.95

11.91

Glacier 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															49.18	84.48	88.41	56.89	50.54

Competitive Comparison of Glacier Media's Days Payable

For the Publishing subindustry, Glacier 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.

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

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

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

Glacier 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.

Glacier 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
=	( (6.352	+	1.18)	/	2 )	/	115.419	*	365
=	3.766					/	115.419	*	365
=	11.91

Glacier 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
=	( (1.18	+	27.025)	/	2 )	/	25.461	*	365 / 4
=	14.1025					/	25.461	*	365 / 4
=	50.54

Glacier Media Days Payable Related Terms

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Glacier Media (TSX:GVC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Glacier Media Inc (TSX:GVC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GLMFF:USA

Address

2188 Yukon Street, Vancouver, BC, CAN, V5Y 3P1

Website

https://www.glaciermedia.ca

Glacier Media Inc offers information and marketing solutions. It operates in three segments Environmental, Property and Financial Information; Commodity Information; and Community Media. Environmental, Property and Financial Information includes the company's business-to-business content, marketing solutions and data information products that are environmental, and property-related. Commodity Information includes business-to-business content, marketing solutions, and data information products that are agriculture, energy and mining-related. The Community media segment includes the company's community media assets and related digital and printing operations. It has a business presence in the US and Canada and derives most of its revenue from the Community Media segment.

Executives

Mark Thomas Melville

Senior Officer

Glacier Media (TSX:GVC) Headlines

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