Alliance Entertainment Holding (Alliance Entertainment Holding) Days Payable : 44.32 (As of Dec. 2023)

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What is Alliance Entertainment Holding Days Payable?

Alliance Entertainment Holding's average Accounts Payable for the three months ended in Dec. 2023 was $184 Mil. Alliance Entertainment Holding's Cost of Goods Sold for the three months ended in Dec. 2023 was $378 Mil. Hence, Alliance Entertainment Holding's Days Payable for the three months ended in Dec. 2023 was 44.32.

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

AENT' s Days Payable Range Over the Past 10 Years
Min: 60.52 Med: 60.96 Max: 68.57
Current: 63.22

During the past 4 years, Alliance Entertainment Holding's highest Days Payable was 68.57. The lowest was 60.52. And the median was 60.96.

AENT's Days Payable is ranked worse than
58.33% of 924 companies
in the Media - Diversified industry
Industry Median: 81.095 vs AENT: 63.22

Alliance Entertainment Holding's Days Payable increased from Dec. 2022 (41.68) to Dec. 2023 (44.32). It may suggest that Alliance Entertainment Holding delayed paying its suppliers.

Alliance Entertainment Holding Days Payable Historical Data

The historical data trend for Alliance Entertainment Holding'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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Alliance Entertainment Holding Days Payable Chart

Alliance Entertainment Holding Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Days Payable

68.57

60.96

60.52

Alliance Entertainment Holding Quarterly Data
	Jun20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial						41.68	78.22	63.40	69.72	44.32

Competitive Comparison of Alliance Entertainment Holding's Days Payable

For the Entertainment subindustry, Alliance Entertainment Holding'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.

Alliance Entertainment Holding's Days Payable Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Alliance Entertainment Holding's Days Payable falls into.

Alliance Entertainment Holding 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.

Alliance Entertainment Holding's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (198.187	+	151.622)	/	2 )	/	1054.788	*	365
=	174.9045					/	1054.788	*	365
=	60.52

Alliance Entertainment Holding'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (154.745	+	212.297)	/	2 )	/	377.883	*	365 / 4
=	183.521					/	377.883	*	365 / 4
=	44.32

Alliance Entertainment Holding Days Payable Related Terms

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Alliance Entertainment Holding (Alliance Entertainment Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Alliance Entertainment Holding Corp (NAS:AENT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

8201 Peters Road, Suite 1000, Plantation, FL, USA, 33324

Website

https://www.aent.com

Alliance Entertainment Holding Corp is a top tier distributor of music, movies, and consumer electronics. It offers more than 485,000 SKU products, consisting of vinyl records, compact discs, DVDs, Blu-rays, and video games. The company serves customers of every size, providing a suite of services to resellers and retailers around the world.