Light Media Holdings (Light Media Holdings) Days Payable : 9,025.45 (As of Dec. 2021)

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

What is Light Media Holdings Days Payable?

Light Media Holdings's average Accounts Payable for the six months ended in Dec. 2021 was $0.27 Mil. Light Media Holdings's Cost of Goods Sold for the six months ended in Dec. 2021 was $0.01 Mil. Hence, Light Media Holdings's Days Payable for the six months ended in Dec. 2021 was 4,512.73.

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

LGMH's Days Payable is not ranked ^*
in the Media - Diversified industry.
Industry Median: 79.7
* Ranked among companies with meaningful Days Payable only.

Light Media Holdings's Days Payable increased from . 20 (0.00) to Dec. 2021 (9,025.45). It may suggest that Light Media Holdings delayed paying its suppliers.

Light Media Holdings Days Payable Historical Data

The historical data trend for Light Media Holdings'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.

Light Media Holdings Days Payable Chart

Light Media Holdings Annual Data

Trend

Dec21

Days Payable

9,025.45

Light Media Holdings Semi-Annual Data
	Dec21
Days Payable	9,025.45

Competitive Comparison of Light Media Holdings's Days Payable

For the Entertainment subindustry, Light Media Holdings'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.

Light Media Holdings's Days Payable Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Light Media Holdings's Days Payable falls into.

Light Media Holdings 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.

Light Media Holdings's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

	Days Payable (A: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: . 20 )	+	Accounts Payable (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (	+	0.272)	/	1 )	/	0.011	*	365
=	0.272					/	0.011	*	365
=	9,025.45

Light Media Holdings's Days Payable for the quarter that ended in Dec. 2021 is calculated as:

	Days Payable (Q: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: . 20 )	+	Accounts Payable (Q: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2021 )	*	Days in Period
=	( (	+	0.272)	/	1 )	/	0.011	*	365 / 2
=	0.272					/	0.011	*	365 / 2
=	4,512.73

Light Media Holdings Days Payable Related Terms

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

Light Media Holdings (Light Media Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Light Media Holdings Inc (OTCPK:LGMH) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

2365 Wall Street, Conyers, GA, USA, 30013

Website

https://www.lightmedianetwork.com

Light Media Holdings Inc is engaged in inspirational media and entertainment, via a variety of websites and distribution channels. It consists of web and mobile-enabled digital properties, apps, and social media platforms, providing news, information, and entertainment that provide clients with a powerful reach and visibility within and throughout the media demographic. The company enables sponsors and advertisers to realize the superior benefits of integrated 360 digital advertising reach via audio/video, banner ads, e-blasts, and social media engagement.

Light Media Holdings (Light Media Holdings) Headlines

From GuruFocus

Light Media Network Stands In Solidarity With Black Information Network

By Marketwired Marketwired • 07-14-2020