Zee Entertainment Enterprises (NSE:ZEEL) Days Payable : 144.18 (As of Dec. 2023)

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What is Zee Entertainment Enterprises Days Payable?

Zee Entertainment Enterprises's average Accounts Payable for the three months ended in Dec. 2023 was ₹18,765 Mil. Zee Entertainment Enterprises's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹11,876 Mil. Hence, Zee Entertainment Enterprises's Days Payable for the three months ended in Dec. 2023 was 144.18.

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

NSE:ZEEL' s Days Payable Range Over the Past 10 Years
Min: 59.74 Med: 126.28 Max: 156.61
Current: 127.38

During the past 13 years, Zee Entertainment Enterprises's highest Days Payable was 156.61. The lowest was 59.74. And the median was 126.28.

NSE:ZEEL's Days Payable is ranked better than
65.7% of 927 companies
in the Media - Diversified industry
Industry Median: 81.28 vs NSE:ZEEL: 127.38

Zee Entertainment Enterprises's Days Payable increased from Dec. 2022 (136.84) to Dec. 2023 (144.18). It may suggest that Zee Entertainment Enterprises delayed paying its suppliers.

Zee Entertainment Enterprises Days Payable Historical Data

The historical data trend for Zee Entertainment Enterprises'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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Zee Entertainment Enterprises Days Payable Chart

Zee Entertainment Enterprises Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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156.61

151.11

149.80

125.08

127.48

Zee Entertainment Enterprises 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															136.84	120.74	139.63	120.13	144.18

Competitive Comparison of Zee Entertainment Enterprises's Days Payable

For the Broadcasting subindustry, Zee Entertainment Enterprises'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.

Zee Entertainment Enterprises's Days Payable Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Zee Entertainment Enterprises's Days Payable falls into.

Zee Entertainment Enterprises 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.

Zee Entertainment Enterprises'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
=	( (13719	+	17494)	/	2 )	/	44686	*	365
=	15606.5					/	44686	*	365
=	127.48

Zee Entertainment Enterprises'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
=	( (18764.9	+	0)	/	1 )	/	11876.2	*	365 / 4
=	18764.9					/	11876.2	*	365 / 4
=	144.18

Zee Entertainment Enterprises Days Payable Related Terms

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Zee Entertainment Enterprises (NSE:ZEEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Zee Entertainment Enterprises Ltd (NSE:ZEEL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

505537:India

Address

N.M. Joshi Marg, 18th Floor, A-Wing, Marathon Futurex, Lower Parel, Mumbai, MH, IND, 400013

Website

https://www.zee.com

Zee Entertainment Enterprises Ltd is a broadcasting television company that provides media and entertainment services. Zee generates revenue from Advertisement, Subscription, Theatrical revenue, Sale of media content, Transmission revenue and Commission. The company controls a suite of television channels that broadcast in many different languages. Furthermore, Zee Entertainment produces and distributes feature films, develops digital online offerings, and produces and sells for live entertainment events. It operates in five business Broadcast, Digital, Movies, Music and Sports. The company earns the vast majority of its revenue in India.

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