Entertainment Network (India) (BOM:532700) Days Payable : 162.68 (As of Dec. 2023)

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What is Entertainment Network (India) Days Payable?

Entertainment Network (India)'s average Accounts Payable for the three months ended in Dec. 2023 was ₹801 Mil. Entertainment Network (India)'s Cost of Goods Sold for the three months ended in Dec. 2023 was ₹449 Mil. Hence, Entertainment Network (India)'s Days Payable for the three months ended in Dec. 2023 was 162.68.

The historical rank and industry rank for Entertainment Network (India)'s Days Payable or its related term are showing as below:

BOM:532700' s Days Payable Range Over the Past 10 Years
Min: 187.61 Med: 313.33 Max: 436.64
Current: 436.64

During the past 13 years, Entertainment Network (India)'s highest Days Payable was 436.64. The lowest was 187.61. And the median was 313.33.

BOM:532700's Days Payable is ranked better than
89.21% of 927 companies
in the Media - Diversified industry
Industry Median: 81.28 vs BOM:532700: 436.64

Entertainment Network (India)'s Days Payable declined from Dec. 2022 (186.60) to Dec. 2023 (162.68). It may suggest that Entertainment Network (India) accelerated paying its suppliers.

Entertainment Network (India) Days Payable Historical Data

The historical data trend for Entertainment Network (India)'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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Entertainment Network (India) Days Payable Chart

Entertainment Network (India) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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187.61

241.45

367.14

313.01

242.29

Entertainment Network (India) 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															186.60	-	325.28	309.75	162.68

Competitive Comparison of Entertainment Network (India)'s Days Payable

For the Broadcasting subindustry, Entertainment Network (India)'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.

Entertainment Network (India)'s Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Entertainment Network (India)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Entertainment Network (India)'s Days Payable falls into.

Entertainment Network (India) 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.

Entertainment Network (India)'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
=	( (746.652	+	793.337)	/	2 )	/	1159.969	*	365
=	769.9945					/	1159.969	*	365
=	242.29

Entertainment Network (India)'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
=	( (800.578	+	0)	/	1 )	/	449.053	*	365 / 4
=	800.578					/	449.053	*	365 / 4
=	162.68

Entertainment Network (India) Days Payable Related Terms

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Entertainment Network (India) (BOM:532700) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Entertainment Network (India) Ltd (BOM:532700) » Definitions » Days Payable

Comparable Companies

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ENIL:India

Address

Senapati Bapat Marg, 14th Floor, Trade World, D wing, Kamala Mills Compound, Lower Parel (West), Mumbai, MH, IND, 400013

Website

https://www.enil.co.in

Entertainment Network (India) Ltd is a radio broadcasting company. Its stations are Yo Punjabi Mirchi (Punjabi), Mirchi Tapaka (Telugu), Mirchi Top Takkar (Tamil), Wakao (cool Hindi retro), Mirchi Mehfil (Ghazals) and Mirchi Top 20. It has its FM radio stations under the brand name Radio Mirchi at various places in India. Mirchi streams around 16 online stations on the Gaana.com platform. The company provides radio advertising services and Media Solutions to clients. The firm classifies its Media Solutions as under Branded Solutions that provides various branded services which include Concerts, Award Shows, On-Air properties, Brand Licensing, Multimedia, and Digital services. Managed Solutions provides services to manage the intellectual properties, activities, or events of Clients.

Entertainment Network (India) (BOM:532700) Headlines

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