Loop Media (Loop Media) Days Payable : 80.89 (As of Dec. 2023)

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What is Loop Media Days Payable?

Loop Media's average Accounts Payable for the three months ended in Dec. 2023 was $5.80 Mil. Loop Media's Cost of Goods Sold for the three months ended in Dec. 2023 was $6.55 Mil. Hence, Loop Media's Days Payable for the three months ended in Dec. 2023 was 80.89.

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

LPTV' s Days Payable Range Over the Past 10 Years
Min: 80.71 Med: 115.37 Max: 3869
Current: 119.36

During the past 9 years, Loop Media's highest Days Payable was 3869.00. The lowest was 80.71. And the median was 115.37.

LPTV's Days Payable is ranked better than
63.75% of 927 companies
in the Media - Diversified industry
Industry Median: 82.44 vs LPTV: 119.36

Loop Media's Days Payable increased from Dec. 2022 (69.02) to Dec. 2023 (80.89). It may suggest that Loop Media delayed paying its suppliers.

Loop Media Days Payable Historical Data

The historical data trend for Loop Media'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.

Loop Media Days Payable Chart

Loop Media Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Dec20

Sep21

Sep22

Sep23

Days Payable

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122.60

80.71

108.14

Loop Media 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															69.02	158.82	140.98	112.70	80.89

Competitive Comparison of Loop Media's Days Payable

For the Broadcasting subindustry, Loop Media'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.

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

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

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

Loop Media 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.

Loop Media's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (7.454	+	4.979)	/	2 )	/	20.983	*	365
=	6.2165					/	20.983	*	365
=	108.14

Loop Media'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
=	( (4.979	+	6.627)	/	2 )	/	6.546	*	365 / 4
=	5.803					/	6.546	*	365 / 4
=	80.89

Loop Media Days Payable Related Terms

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

Loop Media (Loop Media) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Loop Media Inc (AMEX:LPTV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2600 West Olive Avenue, Suite 5470, Burbank, CA, USA, 91505

Website

https://www.loop.tv

Loop Media Inc is a multichannel digital video platform media company that uses marketing technology. The company is focused on premium short-form video. It offers music videos and film, game, and TV trailers which can be viewed in hospitality, dining, and retail venues, on branded media and entertainment sites, and on over-the-top TV platforms and IPTV devices.

Executives

Excel Family Partners Lllp	10 percent owner	700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Jon Maxwell Niermann Living Trust	10 percent owner	700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Cassidy Bruce A. Sr.	director, 10 percent owner	C/O LOOP MEDIA, 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
David Saint-fleur	director	C/O LOOP MEDIA, 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Denise M. Penz	director	C/O LOOP MEDIA, INC., 700 N. CENTRAL AVE., SUITE 430, GLENDALE CA 91203
Bruce A. Cassidy 2013 Irrevocable Trust	10 percent owner	8060 COW CAMP LANE, SARASOTA FL 34240
Bob Gruters	officer: Chief Revenue Officer	C/O LOOP MEDIA, 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Andy Schuon	officer: Head of Loop Studios	C/O LOOP MEDIA, 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Sonya Zilka	director	C/O LOOP MEDIA, 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Neil T Watanabe	officer: Chief Financial Officer	13245 RIVERSIDE DRIVE, SUITE 450, SHERMAN OAKS CA 91423
Liam Mccallum	officer: Chief Product and Tech Officer	C/O LOOP MEDIA, 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Cerna James J Jr	officer: Chief Financial Officer	C/O LOOP MEDIA, 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Jon M Niermann	director, 10 percent owner, officer: Chief Executive Officer	C/O LOOP MEDIA, 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Pioneer Productions Llc	10 percent owner	C/O LOOP MEDIA, 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Running Wind Llc	10 percent owner	1879 HAZELTON DRIVE, GERMANTOWN TN 38138