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International Speedway (International Speedway) Days Payable : 28.04 (As of Aug. 2019)


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What is International Speedway Days Payable?

International Speedway's average Accounts Payable for the three months ended in Aug. 2019 was $29.3 Mil. International Speedway's Cost of Goods Sold for the three months ended in Aug. 2019 was $95.4 Mil. Hence, International Speedway's Days Payable for the three months ended in Aug. 2019 was 28.04.

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

ISCA's Days Payable is not ranked *
in the Travel & Leisure industry.
Industry Median: 60.455
* Ranked among companies with meaningful Days Payable only.

International Speedway's Days Payable declined from Aug. 2018 (40.27) to Aug. 2019 (28.04). It may suggest that International Speedway accelerated paying its suppliers.


International Speedway Days Payable Historical Data

The historical data trend for International Speedway'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.

International Speedway Days Payable Chart

International Speedway Annual Data
Trend Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.12 53.25 47.21 28.65 28.30

International Speedway Quarterly Data
Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19
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 40.27 30.53 42.62 26.11 28.04

Competitive Comparison of International Speedway's Days Payable

For the Leisure subindustry, International Speedway'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.


International Speedway's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, International Speedway's Days Payable distribution charts can be found below:

* The bar in red indicates where International Speedway's Days Payable falls into.



International Speedway 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.

International Speedway's Days Payable for the fiscal year that ended in Nov. 2018 is calculated as

Days Payable (A: Nov. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Nov. 2017 ) + Accounts Payable (A: Nov. 2018 )) / count ) / Cost of Goods Sold (A: Nov. 2018 )*Days in Period
=( (23.936 + 31.508) / 2 ) / 357.571*365
=27.722 / 357.571*365
=28.30

International Speedway's Days Payable for the quarter that ended in Aug. 2019 is calculated as:

Days Payable (Q: Aug. 2019 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: May. 2019 ) + Accounts Payable (Q: Aug. 2019 )) / count ) / Cost of Goods Sold (Q: Aug. 2019 )*Days in Period
=( (24.726 + 33.877) / 2 ) / 95.362*365 / 4
=29.3015 / 95.362*365 / 4
=28.04

* 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.


International Speedway Days Payable Related Terms

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International Speedway (International Speedway) Business Description

Traded in Other Exchanges
N/A
Address
One Daytona Boulevard, Daytona Beach, FL, USA, 32114
International Speedway operates 13 motorsports stadiums that host more than 100 motorsports events during the racing season, including the famed Daytona 500 and Talladega Superspeedway races. The company has built a casino at its Kansas Speedway in a joint venture with Penn National Gaming. International Speedway is majority-owned by the France family, which also owns privately held NASCAR. About 70% of revenue comes from the motorsports segment, which includes lucrative broadcasting rights.
Executives
Larree M Renda director
Hyatt J Brown director 300 N. BEACH STREET, DAYTONA BEACH FL 32114
Larry Aiello director ONE RIVERFRONT PLZ, CORNING NY 14831
Ford Edsel B Ii director C/O FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
Edward H Rensi director 8400 KEARNEY ROAD, DOWNERS GROVE IL 60516
Gregory W Penske director 3534 NORTH PECK ROAD, EL MONTE CA 91731