Madison Square Garden Sports (Madison Square Garden Sports) Days Payable

: 2.05 (As of Dec. 2023)

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Madison Square Garden Sports's average Accounts Payable for the three months ended in Dec. 2023 was $5.2 Mil. Madison Square Garden Sports's Cost of Goods Sold for the three months ended in Dec. 2023 was $232.2 Mil. Hence, Madison Square Garden Sports's Days Payable for the three months ended in Dec. 2023 was 2.05.

The historical rank and industry rank for Madison Square Garden Sports's Days Payable or its related term are showing as below:

MSGS' s Days Payable Range Over the Past 10 Years
Min: 1.69 Med: 4.59 Max: 23.09
Current: 4.69

During the past 12 years, Madison Square Garden Sports's highest Days Payable was 23.09. The lowest was 1.69. And the median was 4.59.

MSGS's Days Payable is ranked worse than
97.73% of 927 companies
in the Media - Diversified industry
Industry Median: 82.44 vs MSGS: 4.69

Madison Square Garden Sports's Days Payable declined from Dec. 2022 (2.89) to Dec. 2023 (2.05). It may suggest that Madison Square Garden Sports accelerated paying its suppliers.

Madison Square Garden Sports Days Payable Historical Data

The historical data trend for Madison Square Garden Sports'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.

Madison Square Garden Sports Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

12.43

1.69

2.93

4.92

6.77

Madison Square Garden Sports Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																2.89	3.08	9.84	188.84	2.05

Competitive Comparison

For the Entertainment subindustry, Madison Square Garden Sports'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.

Madison Square Garden Sports Days Payable Distribution

For the Media - Diversified industry and Communication Services sector, Madison Square Garden Sports's Days Payable distribution charts can be found below:

* The bar in red indicates where Madison Square Garden Sports's Days Payable falls into.

Madison Square Garden Sports 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.

Madison Square Garden Sports's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (11.263	+	9.093)	/	2 )	/	548.811	*	365
=	10.178					/	548.811	*	365
=	6.77

Madison Square Garden Sports'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
=	( (5.476	+	4.969)	/	2 )	/	232.225	*	365 / 4
=	5.2225					/	232.225	*	365 / 4
=	2.05

Madison Square Garden Sports Days Payable Related Terms

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

Madison Square Garden Sports (Madison Square Garden Sports) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Madison Square Garden Sports Corp (NYSE:MSGS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MS8:Germany

Address

Two Penn Plaza, New York, NY, USA, 10121

Website

https://www.msgsports.com

Madison Square Garden Sports Corp is engaged in live sports and entertainment business. The Company's reportable segment: MSG Entertainment consists of live entertainment events, including concerts and other live events, such as family shows, performing arts and special events.

Executives

David Granville-smith	officer: Executive Vice President	TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
David G. Hopkinson	officer: President & COO	C/O TILRAY, INC., 655 MADISON AVENUE, 19TH FLOOR, NEW YORK NY 10065
Jamaal T Lesane	officer: EVP and General Counsel	TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Quentin F Dolan	director	11 PENNSYLVANIA PLAZA, NEW YORK NY 10001
Joseph Cohen	director	TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Dolan Leinauer Corby	other: Trustee of 13D Group Member	BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Lawrence J. Burian	officer: EVP, GC and Secretary	TWO PENN PLAZA, NEW YORK NY 10121
Alexander Shvartsman	officer: SVP, Controller & PAO	TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Stephen Mills	director	TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Ivan G Seidenberg	director	VERIZON COMMUNICATIONS INC, 140 WEST STREET, 29TH FLOOR, NEW YORK NY 10007
Anthony J Vinciquerra	director	FOX ENTERTAINMENT GROUP, INC., 10201 WEST PICO BLVD, LOS ANGELES CA 90035
Philip Gerard D'ambrosio	officer: SVP, Treasurer	TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Richard D Parsons	director	TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Andrew Lustgarten	officer: President	TWO PENN PLAZA, NEW YORK NY 10121
Charles F. Dolan 2019 Grantor Retained Annuity Trust #1m	other: Member of 13D Group	C/O DOLAN FAMILY OFFICE, 340 CROSSWAYS PARK DRIVE, WOODBURY NY 11797