GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Glacier Media Inc (OTCPK:GLMFF) » Definitions » Days Payable

Glacier Media (Glacier Media) Days Payable : 56.43 (As of Dec. 2023)


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

What is Glacier Media Days Payable?

Glacier Media's average Accounts Payable for the three months ended in Dec. 2023 was $11.9 Mil. Glacier Media's Cost of Goods Sold for the three months ended in Dec. 2023 was $19.3 Mil. Hence, Glacier Media's Days Payable for the three months ended in Dec. 2023 was 56.43.

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

GLMFF' s Days Payable Range Over the Past 10 Years
Min: 5.22   Med: 13.03   Max: 58.32
Current: 58.32

During the past 13 years, Glacier Media's highest Days Payable was 58.32. The lowest was 5.22. And the median was 13.03.

GLMFF's Days Payable is ranked worse than
60.39% of 929 companies
in the Media - Diversified industry
Industry Median: 79.52 vs GLMFF: 58.32

Glacier Media's Days Payable increased from Dec. 2022 (56.27) to Dec. 2023 (56.43). It may suggest that Glacier Media delayed paying its suppliers.


Glacier Media Days Payable Historical Data

The historical data trend for Glacier Media'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.

Glacier Media Days Payable Chart

Glacier Media Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.12 10.03 16.26 19.57 11.79

Glacier Media 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 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 56.27 49.25 83.26 89.16 56.43

Competitive Comparison of Glacier Media's Days Payable

For the Publishing subindustry, Glacier Media'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.


Glacier Media's Days Payable Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Glacier Media's Days Payable falls into.



Glacier Media 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.

Glacier Media'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
=( (4.676 + 0.88) / 2 ) / 86.031*365
=2.778 / 86.031*365
=11.79

Glacier Media'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
=( (22.999 + 0.88) / 2 ) / 19.307*365 / 4
=11.9395 / 19.307*365 / 4
=56.43

* 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.


Glacier Media Days Payable Related Terms

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


Glacier Media (Glacier Media) Business Description

Traded in Other Exchanges
Address
2188 Yukon Street, Vancouver, BC, CAN, V5Y 3P1
Glacier Media Inc offers information and marketing solutions. It operates in three segments Environmental, Property and Financial Information; Commodity Information; and Community Media. Environmental, Property and Financial Information includes the company's business-to-business content, marketing solutions and data information products that are environmental, and property-related. Commodity Information includes business-to-business content, marketing solutions, and data information products that are agriculture, energy and mining-related. The Community media segment includes the company's community media assets and related digital and printing operations. It has a business presence in the US and Canada and derives most of its revenue from the Community Media segment.

Glacier Media (Glacier Media) Headlines

From GuruFocus

Glacier Reports Year End Results

By GlobeNewswire GlobeNewswire 03-29-2018

Glacier Reports 2021 Results

By GlobeNewswire GlobeNewswire 03-25-2022

Glacier Media Inc. Announces Private Placement

By GlobeNewswire GlobeNewswire 07-19-2019

Glacier Reports Second Quarter 2021 Results

By GlobeNewswire GlobeNewswire 08-13-2021

Glacier Reports Results of Annual General Meeting

By GlobeNewswire 06-30-2023

Glacier Media Board of Directors Change

By GlobeNewswire GlobeNewswire 12-31-2019

Glacier Reports First Quarter Results

By GlobeNewswire GlobeNewswire 05-12-2018

Glacier First Quarter Results

By GlobeNewswire GlobeNewswire 05-14-2019

Glacier Media Offers to Acquire Shares of GVIC Not Already Owned

By GlobeNewswire GlobeNewswire 01-13-2021