Liberty Formula One Group (Liberty Formula One Group) Days Payable

: 46.89 (As of Dec. 2023)

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Liberty Formula One Group's average Accounts Payable for the three months ended in Dec. 2023 was $463 Mil. Liberty Formula One Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $900 Mil. Hence, Liberty Formula One Group's Days Payable for the three months ended in Dec. 2023 was 46.89.

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

FWONK' s Days Payable Range Over the Past 10 Years
Min: 41.02 Med: 70.39 Max: 77.57
Current: 45.31

During the past 13 years, Liberty Formula One Group's highest Days Payable was 77.57. The lowest was 41.02. And the median was 70.39.

FWONK's Days Payable is ranked worse than
67.35% of 925 companies
in the Media - Diversified industry
Industry Median: 82.44 vs FWONK: 45.31

Liberty Formula One Group's Days Payable declined from Dec. 2022 (57.40) to Dec. 2023 (46.89). It may suggest that Liberty Formula One Group accelerated paying its suppliers.

Liberty Formula One Group Days Payable Historical Data

The historical data trend for Liberty Formula One 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.

* Premium members only.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 65.07 [6] => 77.57 [7] => 56.13 [8] => 73.42 [9] => 75.85 )

Liberty Formula One Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

65.07

77.57

56.13

73.42

75.85

Liberty Formula One Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																57.40	29.24	55.65	52.30	46.89

Competitive Comparison

For the Entertainment subindustry, Liberty Formula One 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.

Liberty Formula One Group Days Payable Distribution

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

* The bar in red indicates where Liberty Formula One Group's Days Payable falls into.

Liberty Formula One 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.

Liberty Formula One 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
=	( (396	+	535)	/	2 )	/	2240	*	365
=	465.5					/	2240	*	365
=	75.85

Liberty Formula One Group'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
=	( (390	+	535)	/	2 )	/	900	*	365 / 4
=	462.5					/	900	*	365 / 4
=	46.89

Liberty Formula One Group Days Payable Related Terms

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Liberty Formula One Group (Liberty Formula One Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Liberty Formula One Group (NAS:FWONK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

FWONB:USA FWONA:USA LM0F:Germany

Address

12300 Liberty Boulevard, Englewood, CO, USA, 80112

Website

http://www.libertymedia.com

Formula One Group controls the exclusive commercial and promotional rights to the FIA Formula One World Championship series, and the monetization of those rights is the primary business of the group. The firm is responsible for development and promotion of the Formula One race series in concert with its three partners: the FIA (the regulatory body), the teams that participate in the series, and the series' commercial partners, which include the race promoters, broadcasters, sponsors, and advertisers. The F1 schedule in 2023 will encompass 23 races held on five continents. Formula One Group is a subsidiary of Liberty Media, which purchased the firm in January 2017. Formula One stock is a tracking stock for the assets under Formula One Group with Liberty Media.

Executives

Plc Barclays	10 percent owner	1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Berkshire Hathaway Inc	10 percent owner	3555 FARNAM STREET, OMAHA NE 68131
R. Ted Weschler,	other: Member of 10% owner group	404B EAST MAIN STREET, 2ND FLOOR, CHARLOTTESVILLE VA 22902
Warren E Buffett	10 percent owner	3555 FARNAM ST, STE 1440, OMAHA NE 68131
Derek Chang	director	C/O CHARTER COMMUNICATIONS INC, 12405 POWERCOURT DR, ST LOUIS MO 63131
Renee L Wilm	officer: Chief Legal Officer	12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Brian J Wendling	officer: SVP/Controller/PFO	12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Trango Ii, L.l.c.	10 percent owner	610 WEST 5TH STREET, SUITE 600, AUSTIN TX 78701
Ancient Art, L.p.	10 percent owner	500 WEST 5TH STREET, SUITE 1110, AUSTIN TX 78701
Quincy J Lee	10 percent owner	425 SOLEDAD SUITE 500, SAN ANTONIO TX 78205
Gamco Investors, Inc. Et Al	10 percent owner	191 MASON STREET, GREENWICH CT 06830
Associated Capital Group, Inc.	10 percent owner	191 MASON STREET, GREENWICH CT 06830
Ggcp, Inc.	10 percent owner	189 MASON STREET, GREENWICH CT 06830
Mario J Gabelli	10 percent owner	191 MASON STREET, GREENWICH CT 06830
Mark D Carleton	officer: Chief Financial Officer	12300 LIBERTY BLVD., ENGLEWOOD CO 80112