Electronic Arts (FRA:ERT) Days Payable : 18.74 (As of Dec. 2023)

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What is Electronic Arts Days Payable?

Electronic Arts's average Accounts Payable for the three months ended in Dec. 2023 was €100 Mil. Electronic Arts's Cost of Goods Sold for the three months ended in Dec. 2023 was €485 Mil. Hence, Electronic Arts's Days Payable for the three months ended in Dec. 2023 was 18.74.

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

FRA:ERT' s Days Payable Range Over the Past 10 Years
Min: 18.24 Med: 21.7 Max: 34.55
Current: 18.24

During the past 13 years, Electronic Arts's highest Days Payable was 34.55. The lowest was 18.24. And the median was 21.70.

FRA:ERT's Days Payable is ranked worse than
80.92% of 435 companies
in the Interactive Media industry
Industry Median: 60.99 vs FRA:ERT: 18.24

Electronic Arts's Days Payable increased from Dec. 2022 (16.67) to Dec. 2023 (18.74). It may suggest that Electronic Arts delayed paying its suppliers.

Electronic Arts Days Payable Historical Data

The historical data trend for Electronic Arts'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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Electronic Arts Days Payable Chart

Electronic Arts Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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21.67

23.80

20.68

18.63

20.08

Electronic Arts 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															16.67	16.46	21.72	22.60	18.74

Competitive Comparison of Electronic Arts's Days Payable

For the Electronic Gaming & Multimedia subindustry, Electronic Arts'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.

Electronic Arts's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Electronic Arts's Days Payable distribution charts can be found below:

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

Electronic Arts 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.

Electronic Arts'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
=	( (91.708	+	92.466)	/	2 )	/	1673.728	*	365
=	92.087					/	1673.728	*	365
=	20.08

Electronic Arts'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
=	( (142.424	+	56.854)	/	2 )	/	485.093	*	365 / 4
=	99.639					/	485.093	*	365 / 4
=	18.74

Electronic Arts Days Payable Related Terms

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Electronic Arts (FRA:ERT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Electronic Arts Inc (FRA:ERT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

EA:USA EA:Mexico 1EA:Italy ERT:Germany ERT:Germany ERT:Germany EAIN34:Brazil

Address

209 Redwood Shores Parkway, Redwood City, CA, USA, 94065

Website

https://www.ea.com

EA is one of the world's largest third-party video game publishers and has transitioned from a console-based video game publisher to the one of the largest publishers on consoles, PC, and mobile. The firm owns number of large franchises, including Madden, EA Sports FC, Battlefield, Apex Legends, Mass Effect, Dragon's Age, and Need for Speed.

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