GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » IG Port Inc (OTCPK:IGPTF) » Definitions » Days Payable

IG Port (IG Port) Days Payable : 32.06 (As of Feb. 2024)


View and export this data going back to 2022. Start your Free Trial

What is IG Port Days Payable?

IG Port's average Accounts Payable for the three months ended in Feb. 2024 was $5.80 Mil. IG Port's Cost of Goods Sold for the three months ended in Feb. 2024 was $16.50 Mil. Hence, IG Port's Days Payable for the three months ended in Feb. 2024 was 32.06.

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

IGPTF' s Days Payable Range Over the Past 10 Years
Min: 27.7   Med: 39.21   Max: 61.29
Current: 34.02

During the past 13 years, IG Port's highest Days Payable was 61.29. The lowest was 27.70. And the median was 39.21.

IGPTF's Days Payable is ranked worse than
76.86% of 929 companies
in the Media - Diversified industry
Industry Median: 79.52 vs IGPTF: 34.02

IG Port's Days Payable declined from Feb. 2023 (35.88) to Feb. 2024 (32.06). It may suggest that IG Port accelerated paying its suppliers.


IG Port Days Payable Historical Data

The historical data trend for IG Port'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.

IG Port Days Payable Chart

IG Port Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.96 27.87 29.93 30.15 33.95

IG Port Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 35.88 33.37 37.68 33.69 32.06

Competitive Comparison of IG Port's Days Payable

For the Entertainment subindustry, IG Port'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.


IG Port's Days Payable Distribution in the Media - Diversified Industry

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

* The bar in red indicates where IG Port's Days Payable falls into.



IG Port 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.

IG Port's Days Payable for the fiscal year that ended in May. 2023 is calculated as

Days Payable (A: May. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: May. 2022 ) + Accounts Payable (A: May. 2023 )) / count ) / Cost of Goods Sold (A: May. 2023 )*Days in Period
=( (5.899 + 5.552) / 2 ) / 61.562*365
=5.7255 / 61.562*365
=33.95

IG Port's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

Days Payable (Q: Feb. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2023 ) + Accounts Payable (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (5.461 + 6.134) / 2 ) / 16.5*365 / 4
=5.7975 / 16.5*365 / 4
=32.06

* 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.


IG Port Days Payable Related Terms

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


IG Port (IG Port) Business Description

Traded in Other Exchanges
Address
Naka 2-1-9, Musashino-shi, Tokyo, JPN, 180-0006
IG Port Inc is a Japan-based content provider which delivers high-quality animated works and comics from the planning and production of contents, images, and music to the worldwide market.

IG Port (IG Port) Headlines

No Headlines