MediaCo Holding (FRA:3WX) Days Payable : 63.66 (As of Mar. 2024)

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What is MediaCo Holding Days Payable?

MediaCo Holding's average Accounts Payable for the three months ended in Mar. 2024 was €4.27 Mil. MediaCo Holding's Cost of Goods Sold for the three months ended in Mar. 2024 was €6.12 Mil. Hence, MediaCo Holding's Days Payable for the three months ended in Mar. 2024 was 63.66.

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

FRA:3WX' s Days Payable Range Over the Past 10 Years
Min: 10.39 Med: 25.09 Max: 45.6
Current: 45.6

During the past 6 years, MediaCo Holding's highest Days Payable was 45.60. The lowest was 10.39. And the median was 25.09.

FRA:3WX's Days Payable is ranked worse than
66.74% of 923 companies
in the Media - Diversified industry
Industry Median: 79.7 vs FRA:3WX: 45.60

MediaCo Holding's Days Payable increased from Mar. 2023 (48.18) to Mar. 2024 (63.66). It may suggest that MediaCo Holding delayed paying its suppliers.

MediaCo Holding Days Payable Historical Data

The historical data trend for MediaCo 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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MediaCo Holding Days Payable Chart

MediaCo Holding Annual Data

Trend

Feb18

Feb19

Dec20

Dec21

Dec22

Dec23

Days Payable

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9.91

19.32

30.03

33.76

37.02

MediaCo Holding Quarterly Data
	Aug18	Feb19	Aug19	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															48.18	28.57	44.27	41.76	63.66

Competitive Comparison of MediaCo Holding's Days Payable

For the Broadcasting subindustry, MediaCo 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.

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

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

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

MediaCo 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.

MediaCo Holding'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
=	( (3.663	+	2.407)	/	2 )	/	29.925	*	365
=	3.035					/	29.925	*	365
=	37.02

MediaCo Holding'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
=	( (2.407	+	6.129)	/	2 )	/	6.118	*	365 / 4
=	4.268					/	6.118	*	365 / 4
=	63.66

MediaCo Holding Days Payable Related Terms

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MediaCo Holding (FRA:3WX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » MediaCo Holding Inc (FRA:3WX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MDIA:USA

Address

395 HUDSON STREET,, FLOOR 7, New York, NY, USA, 10014

Website

https://mediacoholding.com

MediaCo Holding Inc is a radio broadcasting media company operating in radio and digital advertising, premium programming and events. It has two radio stations, WQHT-FM and WBLS-FM, which serve the New York City metropolitan area. The company generates revenue from radio and outdoor advertising sales and events including sponsorships and ticket sales, licensing, and syndication.

MediaCo Holding (FRA:3WX) Headlines

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