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Warner Music Group (FRA:WA4) Days Sales Outstanding : 72.93 (As of Mar. 2024)


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What is Warner Music Group Days Sales Outstanding?

Warner Music Group's average Accounts Receivable for the three months ended in Mar. 2024 was €1,099 Mil. Warner Music Group's Revenue for the three months ended in Mar. 2024 was €1,374 Mil. Hence, Warner Music Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 72.93.

The historical rank and industry rank for Warner Music Group's Days Sales Outstanding or its related term are showing as below:

FRA:WA4' s Days Sales Outstanding Range Over the Past 10 Years
Min: 37.41   Med: 51.87   Max: 64.43
Current: 64.43

During the past 13 years, Warner Music Group's highest Days Sales Outstanding was 64.43. The lowest was 37.41. And the median was 51.87.

FRA:WA4's Days Sales Outstanding is ranked better than
53.26% of 1027 companies
in the Media - Diversified industry
Industry Median: 68.28 vs FRA:WA4: 64.43

Warner Music Group's Days Sales Outstanding increased from Mar. 2023 (66.26) to Mar. 2024 (72.93).


Warner Music Group Days Sales Outstanding Historical Data

The historical data trend for Warner Music Group's Days Sales Outstanding 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.

Warner Music Group Days Sales Outstanding Chart

Warner Music Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.81 65.42 55.40 52.11 65.92

Warner Music Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 66.26 62.49 63.76 61.06 72.93

Competitive Comparison of Warner Music Group's Days Sales Outstanding

For the Entertainment subindustry, Warner Music Group's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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.


Warner Music Group's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Warner Music Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Warner Music Group's Days Sales Outstanding falls into.



Warner Music Group Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Warner Music Group's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

Days Sales Outstanding (A: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2022 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (993.84 + 1049.44) / 2 ) / 5656.669*365
=1021.64 / 5656.669*365
=65.92

Warner Music Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding (Q: Mar. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )*Days in Period
=( (1095.815 + 1101.24) / 2 ) / 1374.48*365 / 4
=1098.5275 / 1374.48*365 / 4
=72.93

* 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.


Warner Music Group  (FRA:WA4) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Warner Music Group Days Sales Outstanding Related Terms

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Warner Music Group (FRA:WA4) Business Description

Traded in Other Exchanges
Address
1633 Broadway, New York, NY, USA, 10019
Warner Music Group is the third largest of the three major global record labels, with Vivendi's Universal Music in first and Sony Music in second. Warner's larger segment, recorded music, consists of iconic labels like Atlantic Records, Warner Records, and Parlophone Records and popular artists such as Ed Sheeran, Cardi B, Dua Lipa, and Blake Shelton. Warner Chappell, the firm's publishing arm, is the home to over 65,000 composers and songwriters with over 1 million copyrights represented. Warner is controlled by Access Industries, which owns an 84% economic interest and 99% of voting rights.

Warner Music Group (FRA:WA4) Headlines

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