Troika Media Group (Troika Media Group) Days Payable : 43.47 (As of Sep. 2023)

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What is Troika Media Group Days Payable?

Troika Media Group's average Accounts Payable for the three months ended in Sep. 2023 was $21.7 Mil. Troika Media Group's Cost of Goods Sold for the three months ended in Sep. 2023 was $45.5 Mil. Hence, Troika Media Group's Days Payable for the three months ended in Sep. 2023 was 43.47.

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

TRKAQ' s Days Payable Range Over the Past 10 Years
Min: 36.02 Med: 121.43 Max: 137.24
Current: 36.02

During the past 3 years, Troika Media Group's highest Days Payable was 137.24. The lowest was 36.02. And the median was 121.43.

TRKAQ's Days Payable is ranked worse than
74.7% of 925 companies
in the Media - Diversified industry
Industry Median: 79.7 vs TRKAQ: 36.02

Troika Media Group's Days Payable increased from Sep. 2022 (18.19) to Sep. 2023 (43.47). It may suggest that Troika Media Group delayed paying its suppliers.

Troika Media Group Days Payable Historical Data

The historical data trend for Troika Media Group'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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Troika Media Group Days Payable Chart

Troika Media Group Annual Data

Trend

Jun19

Jun20

Jun21

Days Payable

70.10

121.43

137.24

Troika Media Group Quarterly Data
	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial												18.19	29.27	31.98	40.03	43.47

Competitive Comparison of Troika Media Group's Days Payable

For the Advertising Agencies subindustry, Troika Media Group'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.

Troika Media Group's Days Payable Distribution in the Media - Diversified Industry

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

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

Troika Media Group 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.

Troika Media Group's Days Payable for the fiscal year that ended in Jun. 2021 is calculated as

	Days Payable (A: Jun. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2020 )	+	Accounts Payable (A: Jun. 2021 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2021 )	*	Days in Period
=	( (3.281	+	2.362)	/	2 )	/	7.504	*	365
=	2.8215					/	7.504	*	365
=	137.24

Troika Media Group's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (25.475	+	17.852)	/	2 )	/	45.47	*	365 / 4
=	21.6635					/	45.47	*	365 / 4
=	43.47

Troika Media Group Days Payable Related Terms

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Troika Media Group (Troika Media Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Troika Media Group Inc (OTCPK:TRKAQ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

25 West 39th Street, 6th Floor, New York, NY, USA, 10018

Website

https://www.thetmgrp.com

Troika Media Group Inc is a global marketing service company. It is leveraging data and technology to deliver integrated branding, marketing, media, and analytics solutions to clients. It offers solutions to clients seeking a holistic approach to meeting brand strategy, experiential marketing and communications needs.

Executives

Lawrence Vincent Wolfe	officer: VP, Chief Operating Officer	25 WEST 39TH STREET, 6TH FLOOR, C/O TROIKA MEDIA GROUP, INC., NEW YORK NY 10018
Carl Derek Mckinney	officer: VP, General Counsel	25 WEST 39TH STREET, 6TH FLOOR, C/O TROIKA MEDIA GROUP, INC., NEW YORK NY 10018
Kevin J Vanbeek	10 percent owner	149 ASH STREET, HOPKINTON MA 01748
Jeffrey Scott Stein	director	601 TRAVIS, SUITE 1400, HOUSTON TX 77002
G Grant Lyon	director	410 N. 44TH STREET, SUITE 700, PHOENIX AZ 85008
Peter Coates	10 percent owner	1715 NORTH GOWER STREET, LOS ANGELES CA 90028
Randall D Miles	director	1321 KING STREET, SUITE 1, BELLINGHAM WA 98226
Erica Naidrich	officer: Chief Financial Officer	1715 NORTH GOWER STREET, LOS ANGELES CA 90028
Sabrina Yang	director	1715 NORTH GOWER STREET, LOS ANGELES CA 90028
John Belniak	director	1715 NORTH GOWER STREET, LOS ANGELES CA 90028
Sadig Toama	director, officer: President	605 THIRD AVEUE, NEW YORK NY 10158
Thomas Marianacci	10 percent owner, officer: CEO of Converge Direct LLC	605 THIRD AVENUE, NEW YORK NY 10158
Kyle Hill	10 percent owner, officer: Pres. of Redeeem Acquisition	1227 11TH STREET - UNIT A, SANTA MONICA CA 90401
Martin Pompadur	director
Kevin Dundas	officer: CEO of Mission Subsidiary	1715 NORTH GOWER STREET, LOS ANGELES CA 90028