AS Ekspress Grupp (OTSE:EEG1T) Days Payable : 95.00 (As of Mar. 2024)

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What is AS Ekspress Grupp Days Payable?

AS Ekspress Grupp's average Accounts Payable for the three months ended in Mar. 2024 was €14.13 Mil. AS Ekspress Grupp's Cost of Goods Sold for the three months ended in Mar. 2024 was €13.57 Mil. Hence, AS Ekspress Grupp's Days Payable for the three months ended in Mar. 2024 was 95.00.

The historical rank and industry rank for AS Ekspress Grupp's Days Payable or its related term are showing as below:

OTSE:EEG1T' s Days Payable Range Over the Past 10 Years
Min: 13 Med: 21.79 Max: 126.3
Current: 126.3

During the past 13 years, AS Ekspress Grupp's highest Days Payable was 126.30. The lowest was 13.00. And the median was 21.79.

OTSE:EEG1T's Days Payable is ranked better than
65.66% of 929 companies
in the Media - Diversified industry
Industry Median: 79.52 vs OTSE:EEG1T: 126.30

AS Ekspress Grupp's Days Payable increased from Mar. 2023 (82.95) to Mar. 2024 (95.00). It may suggest that AS Ekspress Grupp delayed paying its suppliers.

AS Ekspress Grupp Days Payable Historical Data

The historical data trend for AS Ekspress Grupp'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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AS Ekspress Grupp Days Payable Chart

AS Ekspress Grupp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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21.97

29.92

23.55

24.79

27.35

AS Ekspress Grupp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															82.95	151.65	168.39	75.17	95.00

Competitive Comparison of AS Ekspress Grupp's Days Payable

For the Advertising Agencies subindustry, AS Ekspress Grupp'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.

AS Ekspress Grupp's Days Payable Distribution in the Media - Diversified Industry

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

* The bar in red indicates where AS Ekspress Grupp's Days Payable falls into.

AS Ekspress Grupp 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.

AS Ekspress Grupp'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
=	( (3.647	+	4.603)	/	2 )	/	55.046	*	365
=	4.125					/	55.046	*	365
=	27.35

AS Ekspress Grupp's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (4.603	+	23.648)	/	2 )	/	13.568	*	365 / 4
=	14.1255					/	13.568	*	365 / 4
=	95.00

AS Ekspress Grupp Days Payable Related Terms

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AS Ekspress Grupp (OTSE:EEG1T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » AS Ekspress Grupp (OTSE:EEG1T) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

DYC:Germany DYC:Germany

Address

Narva maantee 13, Tallinn, EST, 10151

Website

https://www.egrupp.ee

AS Ekspress Grupp is a media company whose key activities include web media content production as well as the publishing of newspapers, magazines, and books. The business activities of the group function through the Media segment. The media segment comprises the operations of online news portals and classified portals, advertising sales in own portals in the Baltics and publishing of newspapers, magazines, customer and advertising fliers, publishing, and publication of books as well as the sale of digital outdoor advertising in Estonia and Latvia. The group also operates an electronic ticket sales platform and ticket offices and provides an outdoor screen service in Estonia and Latvia.

AS Ekspress Grupp (OTSE:EEG1T) Headlines

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