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Media General Inc (NYSE:MEG)
Days Payable
11.99 (As of Mar. 2016)

Media General Inc's payable for the three months ended in Mar. 2016 was $20 Mil. Media General Inc's cost of goods sold for the three months ended in Mar. 2016 was $151 Mil. Hence, Media General Inc's days payable for the three months ended in Mar. 2016 was 11.99.

MEG' s Days Payable Range Over the Past 10 Years
Min: 24.54   Max: 74.32
Current: 12.46

24.54
74.32

During the past 13 years, Media General Inc's highest Days Payable was 74.32. The lowest was 24.54. And the median was 42.55.

MEG's Days Payable is ranked lower than
83% of the 300 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 54.34 vs. MEG: 12.46 )

Media General Inc's days payable declined from Mar. 2015 (19.95) to Mar. 2016 (11.99). It may suggest that Media General Inc accelerated paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Media General Inc's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=36.359/221.914*365
=59.80

Media General Inc's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=19.854/151.143*365 / 4
=11.99

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Media General Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 29.5628.6039.9262.2574.3269.3633.8045.1759.8023.49

Media General Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 0.0033.6930.1519.2450.4219.9522.6412.6821.3911.99
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