MGI - Media and Games Invest SE (XTER:M8G) Days Payable : 73.90 (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is MGI - Media and Games Invest SE Days Payable?

MGI - Media and Games Invest SE's average Accounts Payable for the three months ended in Dec. 2023 was €80.3 Mil. MGI - Media and Games Invest SE's Cost of Goods Sold for the three months ended in Dec. 2023 was €99.2 Mil. Hence, MGI - Media and Games Invest SE's Days Payable for the three months ended in Dec. 2023 was 73.90.

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

XTER:M8G' s Days Payable Range Over the Past 10 Years
Min: 78.86 Med: 94.42 Max: 7995.05
Current: 94.42

During the past 13 years, MGI - Media and Games Invest SE's highest Days Payable was 7995.05. The lowest was 78.86. And the median was 94.42.

XTER:M8G's Days Payable is ranked better than
67.68% of 2525 companies
in the Software industry
Industry Median: 50.65 vs XTER:M8G: 94.42

MGI - Media and Games Invest SE's Days Payable declined from Dec. 2022 (75.04) to Dec. 2023 (73.90). It may suggest that MGI - Media and Games Invest SE accelerated paying its suppliers.

MGI - Media and Games Invest SE Days Payable Historical Data

The historical data trend for MGI - Media and Games Invest 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.

MGI - Media and Games Invest SE Days Payable Chart

MGI - Media and Games Invest SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

130.48

84.48

78.86

81.51

94.42

MGI - Media and Games Invest SE Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															75.04	119.01	-	-	73.90

Competitive Comparison of MGI - Media and Games Invest SE's Days Payable

For the Software - Application subindustry, MGI - Media and Games Invest 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.

MGI - Media and Games Invest SE's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, MGI - Media and Games Invest SE's Days Payable distribution charts can be found below:

* The bar in red indicates where MGI - Media and Games Invest SE's Days Payable falls into.

MGI - Media and Games Invest 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.

MGI - Media and Games Invest 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
=	( (68.711	+	80.335)	/	2 )	/	288.087	*	365
=	74.523					/	288.087	*	365
=	94.42

MGI - Media and Games Invest SE'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
=	( (0	+	80.335)	/	1 )	/	99.19	*	365 / 4
=	80.335					/	99.19	*	365 / 4
=	73.90

MGI - Media and Games Invest SE Days Payable Related Terms

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

MGI - Media and Games Invest SE (XTER:M8G) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » MGI - Media and Games Invest SE (XTER:M8G) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

M8G:Sweden

Address

Stureplan 6, Stockholm, SWE, 114 35

Website

https://www.mgi-se.com

MGI - Media and Games Invest SE is an advertising software platform with first-party games content with a main operational presence in Europe and North America. It helps advertisers acquire customers through smartphones, computers, connected TV, or digital-out-of-home media (DOOH) as well as publishers to efficiently and optimally monetize their advertising space. The company's software platform uses first-party data from its own games to match global advertiser demand with publisher advertisement supply and also offers a one-stop shop for programmatic advertising, enabling companies to buy and sell ad space on all digital devices.

Executives

Remco Westermann	Chief Executive Officer (CEO)/Managing Director
Paul Echt	Chief Financial Officer (CFO)
Tobias M. Weitzel	Director of the issuer

MGI - Media and Games Invest SE (XTER:M8G) Headlines

No Headlines