Making Science Group (XMAD:MAKS) Days Payable : 72.99 (As of Jun. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Making Science Group Days Payable?

Making Science Group's average Accounts Payable for the six months ended in Jun. 2023 was €32.8 Mil. Making Science Group's Cost of Goods Sold for the six months ended in Jun. 2023 was €82.0 Mil. Hence, Making Science Group's Days Payable for the six months ended in Jun. 2023 was 72.99.

The historical rank and industry rank for Making Science Group's Days Payable or its related term are showing as below:

XMAD:MAKS' s Days Payable Range Over the Past 10 Years
Min: 17.1 Med: 39.12 Max: 93.89
Current: 73.21

During the past 4 years, Making Science Group's highest Days Payable was 93.89. The lowest was 17.10. And the median was 39.12.

XMAD:MAKS's Days Payable is ranked worse than
53.13% of 926 companies
in the Media - Diversified industry
Industry Median: 79.395 vs XMAD:MAKS: 73.21

Making Science Group's Days Payable increased from Jun. 2022 (51.33) to Jun. 2023 (72.99). It may suggest that Making Science Group delayed paying its suppliers.

Making Science Group Days Payable Historical Data

The historical data trend for Making Science Group'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.

Making Science Group Days Payable Chart

Making Science Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Payable

93.89

31.33

17.10

46.91

Making Science Group Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial				14.69	22.32	51.33	72.96	72.99

Competitive Comparison of Making Science Group's Days Payable

For the Advertising Agencies subindustry, Making Science Group'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.

Making Science Group's Days Payable Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Making Science Group's Days Payable falls into.

Making Science Group 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.

Making Science Group's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (6.651	+	32.399)	/	2 )	/	151.923	*	365
=	19.525					/	151.923	*	365
=	46.91

Making Science Group's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (32.399	+	33.156)	/	2 )	/	81.95	*	365 / 2
=	32.7775					/	81.95	*	365 / 2
=	72.99

Making Science Group Days Payable Related Terms

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

Making Science Group (XMAD:MAKS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Making Science Group SA (XMAD:MAKS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ALMKS:France

Address

Calle López de Hoyos 135, 3rd floor, Madrid, ESP, 28002

Website

https://www.makingscience.com

Making Science Group SA is engaged in the business of technology and marketing solutions for the digital business. The company provides solutions in areas of digital marketing, data analytics, e-commerce, and cloud. The company carries out its professional activity in 10 countries: United States, Spain, Portugal, Ireland, Georgia, Italy, France, United Kingdom, Mexico, Colombia. The Company obtains its income mainly from advertising and public relations services.

Making Science Group (XMAD:MAKS) Headlines

No Headlines