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CI Games SE (WAR:CIG) Days Payable : 169.93 (As of Mar. 2024)


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What is CI Games SE Days Payable?

CI Games SE's average Accounts Payable for the three months ended in Mar. 2024 was zł27.4 Mil. CI Games SE's Cost of Goods Sold for the three months ended in Mar. 2024 was zł14.7 Mil. Hence, CI Games SE's Days Payable for the three months ended in Mar. 2024 was 169.93.

The historical rank and industry rank for CI Games SE's Days Payable or its related term are showing as below:

WAR:CIG' s Days Payable Range Over the Past 10 Years
Min: 29.63   Med: 57.38   Max: 139.53
Current: 77.47

During the past 13 years, CI Games SE's highest Days Payable was 139.53. The lowest was 29.63. And the median was 57.38.

WAR:CIG's Days Payable is ranked better than
56.12% of 433 companies
in the Interactive Media industry
Industry Median: 61.44 vs WAR:CIG: 77.47

CI Games SE's Days Payable declined from Mar. 2023 (333.25) to Mar. 2024 (169.93). It may suggest that CI Games SE accelerated paying its suppliers.


CI Games SE Days Payable Historical Data

The historical data trend for CI Games SE'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.

CI Games SE Days Payable Chart

CI Games SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.64 53.65 29.63 135.16 61.10

CI Games SE Quarterly Data
Jun19 Sep19 Dec19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 333.25 263.85 137.75 39.07 169.93

Competitive Comparison of CI Games SE's Days Payable

For the Electronic Gaming & Multimedia subindustry, CI Games SE'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.


CI Games SE's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, CI Games SE's Days Payable distribution charts can be found below:

* The bar in red indicates where CI Games SE's Days Payable falls into.



CI Games SE 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.

CI Games SE'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
=( (8.551 + 27.791) / 2 ) / 108.558*365
=18.171 / 108.558*365
=61.10

CI Games SE'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
=( (27.791 + 27.101) / 2 ) / 14.738*365 / 4
=27.446 / 14.738*365 / 4
=169.93

* 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.


CI Games SE Days Payable Related Terms

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


CI Games SE (WAR:CIG) Business Description

Traded in Other Exchanges
Address
Rondo Daszy?skiego 2B, Warszawa, POL, 00-843
CI Games SE is engaged in developing, producing, publishing, and distributing computer games. The company offers various games including Sniper Ghost Warrior, Alien Fear, Dogfight 1942, Farm Frenzy and Enemy Front among others.

CI Games SE (WAR:CIG) Headlines

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