Audioboom Group (Audioboom Group) Days Payable : 35.27 (As of Jun. 2023)

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What is Audioboom Group Days Payable?

Audioboom Group's average Accounts Payable for the six months ended in Jun. 2023 was $6.75 Mil. Audioboom Group's Cost of Goods Sold for the six months ended in Jun. 2023 was $34.95 Mil. Hence, Audioboom Group's Days Payable for the six months ended in Jun. 2023 was 35.27.

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

ADBMF' s Days Payable Range Over the Past 10 Years
Min: 38.93 Med: 72.5 Max: 559.67
Current: 43.46

During the past 13 years, Audioboom Group's highest Days Payable was 559.67. The lowest was 38.93. And the median was 72.50.

ADBMF's Days Payable is ranked worse than
59.45% of 434 companies
in the Interactive Media industry
Industry Median: 62.09 vs ADBMF: 43.46

Audioboom Group's Days Payable declined from Jun. 2022 (55.20) to Jun. 2023 (35.27). It may suggest that Audioboom Group accelerated paying its suppliers.

Audioboom Group Days Payable Historical Data

The historical data trend for Audioboom 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.

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Audioboom Group Days Payable Chart

Audioboom Group Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

Nov17

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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62.67

71.61

45.80

40.87

40.73

Audioboom Group Semi-Annual Data
	Mar12	May13	Nov13	May15	Nov15	May16	Nov16	May17	Nov17	May18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															48.15	55.20	58.72	35.27	-

Competitive Comparison of Audioboom Group's Days Payable

For the Internet Content & Information subindustry, Audioboom 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.

Audioboom Group's Days Payable Distribution in the Interactive Media Industry

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

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

Audioboom 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.

Audioboom Group'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
=	( (5.932	+	9.156)	/	2 )	/	67.603	*	365
=	7.544					/	67.603	*	365
=	40.73

Audioboom 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
=	( (5.932	+	7.577)	/	2 )	/	34.954	*	365 / 2
=	6.7545					/	34.954	*	365 / 2
=	35.27

Audioboom Group Days Payable Related Terms

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Audioboom Group (Audioboom Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Audioboom Group PLC (OTCPK:ADBMF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BOOM:UK

Address

IFC5, Saint Helier, JEY, JE1 1ST

Website

https://www.audioboomplc.com

Audioboom Group PLC is a podcast company that operates spoken-word audio platforms and a digital online marketplace for hosting, distributing, and monetizing content. It works with broadcasters, content creators, and podcasters around the world. The company has operational footprints across the United Kingdom, the Rest of the World, and the USA. The company's hosting and distribution platform allows partners to embed, share via social channels, and re-syndicate their content.

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