Seven Arts Entertainment (Seven Arts Entertainment) Days Payable : 15.05 (As of Mar. 2014)

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What is Seven Arts Entertainment Days Payable?

Seven Arts Entertainment's average Accounts Payable for the three months ended in Mar. 2014 was $1.03 Mil. Seven Arts Entertainment's Cost of Goods Sold for the three months ended in Mar. 2014 was $6.27 Mil. Hence, Seven Arts Entertainment's Days Payable for the three months ended in Mar. 2014 was 15.05.

The historical rank and industry rank for Seven Arts Entertainment's Days Payable or its related term are showing as below:

SAPX's Days Payable is not ranked ^*
in the Media - Diversified industry.
Industry Median: 79.7
* Ranked among companies with meaningful Days Payable only.

Seven Arts Entertainment's Days Payable declined from Mar. 2013 (289.40) to Mar. 2014 (15.05). It may suggest that Seven Arts Entertainment accelerated paying its suppliers.

Seven Arts Entertainment Days Payable Historical Data

The historical data trend for Seven Arts Entertainment'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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Seven Arts Entertainment Days Payable Chart

Seven Arts Entertainment Annual Data

Trend

Mar04

Mar05

Mar06

Mar07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Days Payable

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319.21

485.50

257.92

47.20

43.74

Seven Arts Entertainment Quarterly Data
	Sep07	Dec08	Jun09	Dec09	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14
Days Payable	Get a 7-Day Free Trial															289.40	14.76	1,725.25	841.16	15.05

Competitive Comparison of Seven Arts Entertainment's Days Payable

For the Entertainment subindustry, Seven Arts Entertainment'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.

Seven Arts Entertainment's Days Payable Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Seven Arts Entertainment's Days Payable falls into.

Seven Arts Entertainment 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.

Seven Arts Entertainment's Days Payable for the fiscal year that ended in Jun. 2013 is calculated as

	Days Payable (A: Jun. 2013 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2012 )	+	Accounts Payable (A: Jun. 2013 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2013 )	*	Days in Period
=	( (1.153	+	1.824)	/	2 )	/	12.422	*	365
=	1.4885					/	12.422	*	365
=	43.74

Seven Arts Entertainment's Days Payable for the quarter that ended in Mar. 2014 is calculated as:

	Days Payable (Q: Mar. 2014 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2013 )	+	Accounts Payable (Q: Mar. 2014 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2014 )	*	Days in Period
=	( (1.009	+	1.059)	/	2 )	/	6.269	*	365 / 4
=	1.034					/	6.269	*	365 / 4
=	15.05

Seven Arts Entertainment Days Payable Related Terms

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Seven Arts Entertainment (Seven Arts Entertainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Seven Arts Entertainment Inc (OTCPK:SAPX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3440 Oakliff Road, Suite 104, Atlanta, GA, USA, 82009

Website

https://www.7artspictures.com

Seven Arts Pictures PLC is an independent motion picture production and distribution business, engaged in the development, acquisition, production, and licensing of theatrical motion pictures for exhibition in domestic (ie. the US and Canada) and foreign theatrical markets, and for subsequent worldwide release in other forms of media, including home video/dvd and pay and free television.