Outfront Media (Outfront Media) Days Payable : 19.50 (As of Dec. 2023)

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What is Outfront Media Days Payable?

Outfront Media's average Accounts Payable for the three months ended in Dec. 2023 was $53 Mil. Outfront Media's Cost of Goods Sold for the three months ended in Dec. 2023 was $247 Mil. Hence, Outfront Media's Days Payable for the three months ended in Dec. 2023 was 19.50.

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

OUT' s Days Payable Range Over the Past 10 Years
Min: 21.07 Med: 30.59 Max: 38.99
Current: 21.07

During the past 13 years, Outfront Media's highest Days Payable was 38.99. The lowest was 21.07. And the median was 30.59.

OUT's Days Payable is ranked worse than
89.75% of 527 companies
in the REITs industry
Industry Median: 125.84 vs OUT: 21.07

Outfront Media's Days Payable declined from Dec. 2022 (22.52) to Dec. 2023 (19.50). It may suggest that Outfront Media accelerated paying its suppliers.

Outfront Media Days Payable Historical Data

The historical data trend for Outfront Media'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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Outfront Media Days Payable Chart

Outfront Media Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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23.68

34.10

30.21

26.09

22.79

Outfront Media 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															22.52	23.07	20.13	19.96	19.50

Competitive Comparison of Outfront Media's Days Payable

For the REIT - Specialty subindustry, Outfront Media'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.

Outfront Media's Days Payable Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Outfront Media's Days Payable distribution charts can be found below:

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

Outfront Media 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.

Outfront Media'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
=	( (65.4	+	55.5)	/	2 )	/	968.3	*	365
=	60.45					/	968.3	*	365
=	22.79

Outfront Media'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
=	( (50.1	+	55.5)	/	2 )	/	247.1	*	365 / 4
=	52.8					/	247.1	*	365 / 4
=	19.50

Outfront Media Days Payable Related Terms

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Outfront Media (Outfront Media) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Outfront Media Inc (NYSE:OUT) » Definitions » Days Payable

Comparable Companies

HASI UNIT FPI LAND NLCP AFCG EPR CORR PW PCH AMT EQIX CCI DLR SBAC WY IRM GLPI LAMR RYN

Traded in Other Exchanges

76C:Germany

Address

405 Lexington Avenue, 17th Floor, New York, NY, USA, 10174

Website

https://www.outfrontmedia.com

Outfront Media Inc is a real estate investment trust involved in the ownership of advertising space on its portfolio of billboards and transit displays. The Company generates revenue in the form of rental income by allowing other companies to advertise on its properties and structures under short-term contracts. Outfront Media segments its operations into the United States and International units. Although it also owns assets in Canada and Latin America, the company derives the vast majority of its revenue from billboard advertising agreements in the U.S. Roughly half of the U.S. division's revenue comes from its displays in the New York City and Los Angeles markets. Outfront Media's major customers include entities within the retail, television, healthcare, and entertainment industries.

Executives

Clive A. Punter	officer: EVP and Chief Revenue Officer	C/O CBS OUTDOOR AMERICAS INC., 405 LEXINGTON AVENUE, NEW YORK NY 10174
Patrick Martin	officer: SVP, Controller, CAO	405 LEXINGTON AVENUE, 14TH FLOOR, NEW YORK NY 10174
Jeremy J. Male	officer: Chief Executive Officer	C/O OUTFRONT MEDIA INC., 405 LEXINGTON AVENUE, NEW YORK NY 10019
Richard H. Sauer	officer: EVP, General Counsel & Sec.	C/O OUTFRONT MEDIA INC., 405 LEXINGTON AVENUE, NEW YORK NY 10019
Peter Mathes	director	C/O OUTFRONT MEDIA INC., 405 LEXINGTON AVENUE, NEW YORK NY 10174
Pep Viii-a Aiv Spv, L.p.	10 percent owner	50 KENNEDY PLAZA, PROVIDENCE RI 02903
Pep Viii (scotland) Spv, L.p.	10 percent owner	50 KENNEDY PLAZA, PROVIDENCE RI 02903
Pep Viii-a Spv, L.p.	10 percent owner	50 KENNEDY PLAZA, PROVIDENCE RI 02903
Pep Viii Spv, L.p.	10 percent owner	50 KENNEDY PLAZA, PROVIDENCE RI 02903
Pep Viii Gp Llc	10 percent owner	50 KENNEDY PLAZA, PROVIDENCE RI 02903
Pep Viii Co-invest Spv, L.p.	10 percent owner	50 KENNEDY PLAZA, PROVIDENCE RI 02903
Michael J Dominguez	director	C/O PROVIDENCE EQUITY PARTNERS, INC., 50 KENNEDY PLAZA, PROVIDENCE RI 02903
Providence Equity Gp Viii (scotland) L.p.	10 percent owner	50 KENNEDY PLAZA, PROVIDENCE RI 02903
Providence Equity Partners Viii-a L.p.	10 percent owner	PROVIDENCE EQUITY PARTNERS L.L.C., 50 KENNEDY PLAZA, PROVIDENCE RI 02903
Providence Equity Partners Viii (scotland) L.p.	10 percent owner	PROVIDENCE EQUITY PARTNERS L.L.C., 50 KENNEDY PLAZA, PROVIDENCE RI 02903