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Deezer (XPAR:DEEZR) Days Payable : 11.60 (As of Dec. 2023)


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What is Deezer Days Payable?

Deezer's average Accounts Payable for the six months ended in Dec. 2023 was €11.9 Mil. Deezer's Cost of Goods Sold for the six months ended in Dec. 2023 was €188.0 Mil. Hence, Deezer's Days Payable for the six months ended in Dec. 2023 was 11.60.

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

XPAR:DEEZR' s Days Payable Range Over the Past 10 Years
Min: 6.51   Med: 28.55   Max: 169.02
Current: 10.06

During the past 8 years, Deezer's highest Days Payable was 169.02. The lowest was 6.51. And the median was 28.55.

XPAR:DEEZR's Days Payable is ranked worse than
94.86% of 933 companies
in the Media - Diversified industry
Industry Median: 79.27 vs XPAR:DEEZR: 10.06

Deezer's Days Payable increased from Dec. 2022 (8.05) to Dec. 2023 (11.60). It may suggest that Deezer delayed paying its suppliers.


Deezer Days Payable Historical Data

The historical data trend for Deezer'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.

Deezer Days Payable Chart

Deezer Annual Data
Trend Dec12 Dec13 Dec14 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 38.80 17.92 18.29 12.66 6.51

Deezer Semi-Annual Data
Dec12 Dec13 Jun14 Dec14 Jun15 Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 17.41 8.05 12.07 11.60

Competitive Comparison of Deezer's Days Payable

For the Entertainment subindustry, Deezer'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.


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

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

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



Deezer 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.

Deezer'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
=( (8.64 + 5.388) / 2 ) / 393.222*365
=7.014 / 393.222*365
=6.51

Deezer'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
=( (18.501 + 5.388) / 2 ) / 187.951*365 / 2
=11.9445 / 187.951*365 / 2
=11.60

* 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.


Deezer Days Payable Related Terms

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Deezer (XPAR:DEEZR) Business Description

Traded in Other Exchanges
Address
24 rue de Calais, Paris, FRA, 75009
Deezer SA is an independent music streaming platform providing access to lossless HiFi audio, innovative recommendation technology and industry-defining features. The company brings artists and fans together on a scalable and global platform, to unlock the potential of music through technology. The company is based in France, Germany, the UK, Brazil and the US.

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