Media Investment Optimization (XMAD:MIO) Days Payable : 91.00 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Media Investment Optimization Days Payable?

Media Investment Optimization's average Accounts Payable for the six months ended in Dec. 2023 was €8.88 Mil. Media Investment Optimization's Cost of Goods Sold for the six months ended in Dec. 2023 was €17.80 Mil. Hence, Media Investment Optimization's Days Payable for the six months ended in Dec. 2023 was 91.00.

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

XMAD:MIO' s Days Payable Range Over the Past 10 Years
Min: 76.69 Med: 78.66 Max: 86.34
Current: 86.31

During the past 4 years, Media Investment Optimization's highest Days Payable was 86.34. The lowest was 76.69. And the median was 78.66.

XMAD:MIO's Days Payable is not ranked
in the Media - Diversified industry.
Industry Median: 82.14 vs XMAD:MIO: 86.31

Media Investment Optimization's Days Payable increased from Dec. 2022 (82.61) to Dec. 2023 (91.00). It may suggest that Media Investment Optimization delayed paying its suppliers.

Media Investment Optimization Days Payable Historical Data

The historical data trend for Media Investment Optimization'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.

Media Investment Optimization Days Payable Chart

Media Investment Optimization Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

77.07

76.69

86.34

80.24

Media Investment Optimization Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			-	90.19	82.61	88.14	91.00

Competitive Comparison of Media Investment Optimization's Days Payable

For the Advertising Agencies subindustry, Media Investment Optimization'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.

Media Investment Optimization's Days Payable Distribution in the Media - Diversified Industry

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

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

Media Investment Optimization 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.

Media Investment Optimization'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
=	( (12.139	+	6.386)	/	2 )	/	42.135	*	365
=	9.2625					/	42.135	*	365
=	80.24

Media Investment Optimization'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
=	( (11.366	+	6.386)	/	2 )	/	17.8	*	365 / 2
=	8.876					/	17.8	*	365 / 2
=	91.00

Media Investment Optimization Days Payable Related Terms

Thank you for viewing the detailed overview of Media Investment Optimization's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Media Investment Optimization (XMAD:MIO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Media Investment Optimization SA (XMAD:MIO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Paseo Castellana 95 Pl 24, Torre Europa Building, Madrid, ESP, 28046

Website

https://www.mio.es

Media Investment Optimization SA is a consultancy company in the integration of marketing services and digital transformation, oriented to provide an impact on the income statement of its clients, through the use of technology. It is made up of different companies specialized in the fields of marketing and advertising: creativity, media buying, data analytics, social media, web development, marketing automation and technology.