Reading International (Reading International) Days Payable

: 100.37 (As of Dec. 2023)

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Reading International's average Accounts Payable for the three months ended in Dec. 2023 was $47.6 Mil. Reading International's Cost of Goods Sold for the three months ended in Dec. 2023 was $43.3 Mil. Hence, Reading International's Days Payable for the three months ended in Dec. 2023 was 100.37.

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

RDIB' s Days Payable Range Over the Past 10 Years
Min: 49.62 Med: 68.03 Max: 145.61
Current: 86.66

During the past 13 years, Reading International's highest Days Payable was 145.61. The lowest was 49.62. And the median was 68.03.

RDIB's Days Payable is ranked better than
51.35% of 927 companies
in the Media - Diversified industry
Industry Median: 82.44 vs RDIB: 86.66

Reading International's Days Payable increased from Dec. 2022 (88.03) to Dec. 2023 (100.37). It may suggest that Reading International delayed paying its suppliers.

Reading International Days Payable Historical Data

The historical data trend for Reading International'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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Reading International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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61.31

145.61

120.86

92.36

91.29

Reading International 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															88.03	96.34	76.29	74.24	100.37

Competitive Comparison

For the Entertainment subindustry, Reading International'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.

Reading International Days Payable Distribution

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

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

Reading International 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.

Reading International'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
=	( (48.268	+	49.866)	/	2 )	/	196.181	*	365
=	49.067					/	196.181	*	365
=	91.29

Reading International'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
=	( (45.358	+	49.866)	/	2 )	/	43.284	*	365 / 4
=	47.612					/	43.284	*	365 / 4
=	100.37

Reading International Days Payable Related Terms

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Reading International (Reading International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Reading International Inc (NAS:RDIB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

RDI:USA 46B:Germany

Address

189 Second Avenue, Suite 2S, New York, NY, USA, 10003

Website

http://www.readingrdi.com

Reading International Inc is a diversified company, engaged in the development, ownership, and operation of multiplex cinemas and retail and commercial real estate in the United States, Australia, and New Zealand. It operates through two segments: the Cinema segment includes Reading Cinemas, Angelika Film Center, Consolidated Theatres, and City Cinemas; the Real Estate segment includes real estate development and the rental or licensing of retail, commercial, and live theater assets.