Tribune Publishing Co (Tribune Publishing Co) Days Payable : 40.54 (As of Mar. 2021)

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What is Tribune Publishing Co Days Payable?

Tribune Publishing Co's average Accounts Payable for the three months ended in Mar. 2021 was $31.0 Mil. Tribune Publishing Co's Cost of Goods Sold for the three months ended in Mar. 2021 was $69.8 Mil. Hence, Tribune Publishing Co's Days Payable for the three months ended in Mar. 2021 was 40.54.

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

TPCO's Days Payable is not ranked ^*
in the Media - Diversified industry.
Industry Median: 79.7
* Ranked among companies with meaningful Days Payable only.

Tribune Publishing Co's Days Payable declined from Mar. 2020 (43.44) to Mar. 2021 (40.54). It may suggest that Tribune Publishing Co accelerated paying its suppliers.

Tribune Publishing Co Days Payable Historical Data

The historical data trend for Tribune Publishing Co'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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Tribune Publishing Co Days Payable Chart

Tribune Publishing Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Days Payable

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67.35

63.51

60.12

54.35

43.41

Tribune Publishing Co Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Days Payable	Get a 7-Day Free Trial															43.44	45.63	44.92	38.14	40.54

Competitive Comparison of Tribune Publishing Co's Days Payable

For the Publishing subindustry, Tribune Publishing Co'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.

Tribune Publishing Co's Days Payable Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Tribune Publishing Co's Days Payable falls into.

Tribune Publishing Co 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.

Tribune Publishing Co's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

	Days Payable (A: Dec. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2019 )	+	Accounts Payable (A: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2020 )	*	Days in Period
=	( (43.674	+	28.022)	/	2 )	/	301.421	*	365
=	35.848					/	301.421	*	365
=	43.41

Tribune Publishing Co's Days Payable for the quarter that ended in Mar. 2021 is calculated as:

	Days Payable (Q: Mar. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2020 )	+	Accounts Payable (Q: Mar. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2021 )	*	Days in Period
=	( (28.022	+	34.018)	/	2 )	/	69.824	*	365 / 4
=	31.02					/	69.824	*	365 / 4
=	40.54

Tribune Publishing Co Days Payable Related Terms

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Tribune Publishing Co (Tribune Publishing Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Tribune Publishing Co (NAS:TPCO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

160 North Stetson Avenue, Chicago, IL, USA, 60601

Website

http://www.tribpub.com

Tribune Publishing Co is a print and online media company that publishes various newspapers and websites. It creates and distribute content across its media portfolio, offering integrated marketing, media, and business services to consumers and advertisers, including digital solutions and advertising opportunities. The company manages its business as two distinct segments, M and X. Segment M is comprised of the company's media groups excluding their digital revenues and related digital expenses, except digital subscription revenues when bundled with a print subscription. Segment X includes the company's digital revenues and related digital expenses from local Tribune websites, third party websites, mobile applications, digital only subscriptions, Tribune Content Agency and BestReviews.

Executives

Michael Norman Lavey	officer: Interim CFO	C/O TRONC, INC., 2501 S. STATE HWY 121 BUS, BLDG 800B, LEWISVILLE TX 75067
Randall D Smith	director	885 THIRD AVENUE, NEW YORK NY 10022
Christopher Minnetian	director	C/O RIPPLEWOOD HOLDINGS L.L.C., ONE ROCKEFELLER PLAZA, 32ND FLOOR, NEW YORK NY 10020
Philip G Franklin	director	C/O XA INVESTMENTS, 1290 BROADWAY STE 1100, DENVER CO 80203
Richard A Reck	director	128 HILLCREST AVENUE HINSDALE IL 60521-4736
Carol Crenshaw	director	C/O TRONC, INC. 435 NORTH MICHIGAN AVENUE CHICAGO IL 60611
Dana Goldsmith Needleman	director	777 SOUTH FLAGLER DRIVE,, SUITE 800W, WEST PALM BEACH FL 33401
Julie K. Xanders	officer: EVP and General Counsel	C/O TRONC, INC. 202 W. FIRST STREET LOS ANGELES CA 90012
Terry Jimenez	officer: Chief Executive Officer	TRONC, INC., 435 NORTH MICHIGAN AVENUE, CHICAGO IL 60611
Timothy P Knight	officer: CEO & President	435 N MICHIGAN AVE CHICAGO IL 60611
Alden Global Capital Llc	10 percent owner	777 SOUTH FLAGLER DRIVE, SUITE 800W, WEST PALM BEACH FL 33401
Heath Freeman	10 percent owner	885 THIRD AVENUE, 34TH FLOOR, NEW YORK NY 10022
Merrick Media, Llc	10 percent owner	400 CLEMATIS STREET SUITE 208 WEST PALM BEACH FL 33401
Merrick Venture Management, Llc	10 percent owner	400 CLEMATIS ST SUITE 208 WEST PALM BEACH FL 33401
Ferro Michael W Jr	10 percent owner	400 CLEMATIS STREET SUITE 208 WEST PALM BEACH FL 33401