IAC (IAC) Days Payable : 37.29 (As of Dec. 2023)

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What is IAC Days Payable?

IAC's average Accounts Payable for the three months ended in Dec. 2023 was $125 Mil. IAC's Cost of Goods Sold for the three months ended in Dec. 2023 was $305 Mil. Hence, IAC's Days Payable for the three months ended in Dec. 2023 was 37.29.

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

IAC' s Days Payable Range Over the Past 10 Years
Min: 31.74 Med: 40.3 Max: 54.56
Current: 33.98

During the past 7 years, IAC's highest Days Payable was 54.56. The lowest was 31.74. And the median was 40.30.

IAC's Days Payable is ranked worse than
65.98% of 435 companies
in the Interactive Media industry
Industry Median: 60.99 vs IAC: 33.98

IAC's Days Payable increased from Dec. 2022 (30.31) to Dec. 2023 (37.29). It may suggest that IAC delayed paying its suppliers.

IAC Days Payable Historical Data

The historical data trend for IAC'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.

IAC Days Payable Chart

IAC Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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49.11

39.49

41.11

31.74

32.42

IAC 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															30.31	33.07	31.34	36.17	37.29

Competitive Comparison of IAC's Days Payable

For the Internet Content & Information subindustry, IAC'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.

IAC's Days Payable Distribution in the Interactive Media Industry

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

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

IAC 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.

IAC'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
=	( (133.105	+	105.514)	/	2 )	/	1343.254	*	365
=	119.3095					/	1343.254	*	365
=	32.42

IAC'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
=	( (143.708	+	105.514)	/	2 )	/	304.894	*	365 / 4
=	124.611					/	304.894	*	365 / 4
=	37.29

IAC Days Payable Related Terms

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

IAC (IAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » IAC Inc (NAS:IAC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

4LRA:Germany 4LRA:Germany I1AC34:Brazil

Address

555 West 18th Street, New York, NY, USA, 10011

Website

https://www.iac.com

IAC is an internet media company with segments that include Angi (47% of total revenue), Dotdash (10%), search (24%), and emerging and other (19%). The firm spun off the narrow-moat dating app provider Match Group in second-quarter 2020 and the no-moat video software provider Vimeo in second-quarter 2021.

Executives

Erik Bradbury	officer: SVP AND CONTROLLER (CAO)	222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Kendall Handler	officer: EVP & CLO	IAC/INTERACTIVECORP, 555 WEST 18TH STREET, NEW YORK NY 10011
Michael D Eisner	director	C/O WALT DISNEY CO, 500 S BUENA VISTA STREET, BURBANK CA 91521-1010
Westley Moore	director	325 WEST HURON STREET, SUITE 412, CHICAGO IL 60654
Christopher Halpin	officer: EVP & CFO	IAC/INTERACTIVECORP, 555 WEST 18TH STREET, NEW YORK NY 10011
Michael H Schwerdtman	officer: SVP and Controller (CAO)	C/O IAC/INTERACTIVECORP, 152 WEST 57TH STREET, 42ND FLOOR, NEW YORK NY 10019
David S Rosenblatt	director	C/O DOUBLECLICK INC.,, 111 EIGHTH AVENUE, NEW YORK NY 10011
Bryan Lourd	director	C/O CAA, 9830 WILSHIRE BLVD, BEVERLY HILLS CA 90212
Glenn Schiffman	director, officer: EVP & CFO	555 WEST 18TH STREET, NEW YORK NY 10011
Gregg Winiarski	director, officer: EVP and GC	IAC/INTERACTIVECORP, 555 WEST 18TH STREET, NEW YORK NY 10011
Mark J Stein	officer: EVP & CSO	ONE BRIDGE STREET, SUITE 42, IRVINGTON NY 10069
Bonnie S Hammer	director	30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Joseph Levin	officer: CEO	C/O IAC/INTERACTIVECORP, 555 WEST 18TH STREET, NEW YORK NY 10011
Richard F Zannino	director	C/O IAC/INTERACTIVECORP, 555 WEST 18TH STREET, NEW YORK NY 10011
Alan G Spoon	director	1150 15TH ST NW, WASHINGTON DC 20071