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Cineverse (STU:IQ50) Days Payable : 123.74 (As of Dec. 2023)


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What is Cineverse Days Payable?

Cineverse's average Accounts Payable for the three months ended in Dec. 2023 was €6.79 Mil. Cineverse's Cost of Goods Sold for the three months ended in Dec. 2023 was €5.01 Mil. Hence, Cineverse's Days Payable for the three months ended in Dec. 2023 was 123.74.

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

STU:IQ50' s Days Payable Range Over the Past 10 Years
Min: 178.45   Med: 513.01   Max: 948.38
Current: 178.45

During the past 13 years, Cineverse's highest Days Payable was 948.38. The lowest was 178.45. And the median was 513.01.

STU:IQ50's Days Payable is ranked better than
74.65% of 927 companies
in the Media - Diversified industry
Industry Median: 81.28 vs STU:IQ50: 178.45

Cineverse's Days Payable declined from Dec. 2022 (151.84) to Dec. 2023 (123.74). It may suggest that Cineverse accelerated paying its suppliers.


Cineverse Days Payable Historical Data

The historical data trend for Cineverse'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.

Cineverse Days Payable Chart

Cineverse Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 798.06 939.36 960.38 541.82 242.24

Cineverse 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 151.84 231.11 166.60 178.85 123.74

Competitive Comparison of Cineverse's Days Payable

For the Entertainment subindustry, Cineverse'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.


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

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

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



Cineverse 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.

Cineverse's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (31.033 + 14.049) / 2 ) / 33.964*365
=22.541 / 33.964*365
=242.24

Cineverse'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
=( (7.565 + 6.023) / 2 ) / 5.01*365 / 4
=6.794 / 5.01*365 / 4
=123.74

* 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.


Cineverse Days Payable Related Terms

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Cineverse (STU:IQ50) Business Description

Traded in Other Exchanges
Address
244 Fifth Avenue, Suite M289, New York, NY, USA, 10001
Cineverse Corp is a streaming technology and entertainment company. It operates portfolios of owned and operated streaming channels, all powered by its, proprietary technology platform. Cineverse currently features enthusiast brands for subscription video on demand (SVOD), advertising-based video on demand (AVOD), and free, ad-supported streaming television (FAST) channels. The company mainly operates through two segments, Content & Entertainment, and Cinema Equipment, from which Content & Entertainment derives the majority of its revenues.

Cineverse (STU:IQ50) Headlines

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