Reservoir Media (Reservoir Media) Days Payable : 49.69 (As of Dec. 2023)

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

What is Reservoir Media Days Payable?

Reservoir Media's average Accounts Payable for the three months ended in Dec. 2023 was $7.2 Mil. Reservoir Media's Cost of Goods Sold for the three months ended in Dec. 2023 was $13.2 Mil. Hence, Reservoir Media's Days Payable for the three months ended in Dec. 2023 was 49.69.

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

RSVR' s Days Payable Range Over the Past 10 Years
Min: 32.03 Med: 36.85 Max: 48.49
Current: 48.49

During the past 3 years, Reservoir Media's highest Days Payable was 48.49. The lowest was 32.03. And the median was 36.85.

RSVR's Days Payable is ranked worse than
65.26% of 924 companies
in the Media - Diversified industry
Industry Median: 81.095 vs RSVR: 48.49

Reservoir Media's Days Payable increased from Dec. 2022 (38.60) to Dec. 2023 (49.69). It may suggest that Reservoir Media delayed paying its suppliers.

Reservoir Media Days Payable Historical Data

The historical data trend for Reservoir Media'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.

Reservoir Media Days Payable Chart

Reservoir Media Annual Data

Trend

Mar21

Mar22

Mar23

Days Payable

36.85

32.03

42.28

Reservoir Media Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial									38.60	83.85	39.16	37.62	49.69

Competitive Comparison of Reservoir Media's Days Payable

For the Entertainment subindustry, Reservoir Media'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.

Reservoir Media's Days Payable Distribution in the Media - Diversified Industry

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

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

Reservoir Media 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.

Reservoir Media's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (4.437	+	6.68)	/	2 )	/	47.987	*	365
=	5.5585					/	47.987	*	365
=	42.28

Reservoir Media'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
=	( (7.023	+	7.377)	/	2 )	/	13.222	*	365 / 4
=	7.2					/	13.222	*	365 / 4
=	49.69

Reservoir Media Days Payable Related Terms

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

Reservoir Media (Reservoir Media) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Reservoir Media Inc (NAS:RSVR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0RL0:Germany

Address

200 Varick Street, Suite 801A, New York, NY, USA, 10014

Website

https://www.reservoir-media.com

Reservoir Media Inc is an independent music company. The company's segment includes Music Publishing; Recorded Music and others. It generates maximum revenue from the Music Publishing segment.

Executives

Ezra S. Field	director	75 VARICK STREEET, 9TH FLOOR, NEW YORK NY 10013
Stephen M. Cook	director	75 VARICK STREET, 9TH FLOOR, NEW YORK NY 10013
Ryan P. Taylor	director	381 PARK AVENUE SOUTH, ROOM 1101, NEW YORK NY 10016
Essex Equity Joint Investment Vehicle, Llc	other: May Be Deemed a 10% Owner	375 HUDSON STREET, 12TH FLOOR, NEW YORK NY 10014
Richmond Hill Capital Partners, Lp	other: May be deemed a 10% owner	375 HUDSON STREET, 12TH FLOOR, NEW YORK NY 10014
James A Heindlmeyer	officer: Chief Financial Officer	75 VARICK STREET, 9TH FLOOR, NEW YORK NY 10013
Richmond Hill Advisors, Llc	other: May be deemed a 10% owner	375 HUDSON STREET, 12TH FLOOR, NEW YORK NY 10014
Golnar Khosrowshahi	director, officer: Chief Executive Officer	C/O RESTAURANT BRANDS INTERATIONAL INC., 5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Richmond Hill Investments, Llc	10 percent owner	381 PARK AVENUE SOUTH, SUITE 1101, NEW YORK NY 10016
Adam Rothstein	director	101 CROSS HWY, WESTPORT CA 92610
Er Reservoir Llc	10 percent owner	C/O RICHMOND HILL INVESTMENTS, 375 HUDSON STREET, 12TH FLOOR, NEW YORK NY 10014
Lafargue Rell Q. Jr.	director, officer: President and COO	75 VARICK STREET, 9TH FLOOR, NEW YORK NY 10013
Gelder Neil De	director	75 VARICK STREET, 9TH FLOOR, NEW YORK NY 10013
Essex Equity Holdings, Llc	10 percent owner	381 PARK AVENUE SOUTH, ROOM 1101, NEW YORK NY 10016
Jennifer G. Koss	director	75 VARICK STREET, 9TH FLOOR, NEW YORK NY 10013