Omnicom Group (BSP:O1MC34) Days Payable : 330.57 (As of Mar. 2024)

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What is Omnicom Group Days Payable?

Omnicom Group's average Accounts Payable for the three months ended in Mar. 2024 was R$54,242 Mil. Omnicom Group's Cost of Goods Sold for the three months ended in Mar. 2024 was R$14,973 Mil. Hence, Omnicom Group's Days Payable for the three months ended in Mar. 2024 was 330.57.

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

BSP:O1MC34' s Days Payable Range Over the Past 10 Years
Min: 248.45 Med: 341.4 Max: 386.64
Current: 309.98

During the past 13 years, Omnicom Group's highest Days Payable was 386.64. The lowest was 248.45. And the median was 341.40.

BSP:O1MC34's Days Payable is ranked better than
84.9% of 927 companies
in the Media - Diversified industry
Industry Median: 82.44 vs BSP:O1MC34: 309.98

Omnicom Group's Days Payable increased from Mar. 2023 (319.18) to Mar. 2024 (330.57). It may suggest that Omnicom Group delayed paying its suppliers.

Omnicom Group Days Payable Historical Data

The historical data trend for Omnicom 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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Omnicom Group Days Payable Chart

Omnicom Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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338.47

347.12

355.03

374.60

356.54

Omnicom Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															319.18	317.37	307.52	299.65	330.57

Competitive Comparison of Omnicom Group's Days Payable

For the Advertising Agencies subindustry, Omnicom 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.

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

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

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

Omnicom 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.

Omnicom Group's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (57700.449	+	57004.273)	/	2 )	/	58712.834	*	365
=	57352.361					/	58712.834	*	365
=	356.54

Omnicom Group's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (57004.273	+	51479.678)	/	2 )	/	14972.765	*	365 / 4
=	54241.9755					/	14972.765	*	365 / 4
=	330.57

Omnicom Group Days Payable Related Terms

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Omnicom Group (BSP:O1MC34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Omnicom Group Inc (BSP:O1MC34) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

OMC:USA OCN:Germany

Address

280 Park Avenue, New York, NY, USA, 10017

Website

https://www.omnicomgroup.com

Omnicom is the world's second-largest ad holding company, based on annual revenue. The firm's services, which include traditional and digital advertising and public relations, are provided worldwide, with over 80% of its revenue coming from more developed regions such as North America and Europe.

Omnicom Group (BSP:O1MC34) Headlines

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