Nexxen International (Nexxen International) Days Payable : 857.22 (As of Dec. 2023)

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What is Nexxen International Days Payable?

Nexxen International's average Accounts Payable for the three months ended in Dec. 2023 was $168.0 Mil. Nexxen International's Cost of Goods Sold for the three months ended in Dec. 2023 was $17.9 Mil. Hence, Nexxen International's Days Payable for the three months ended in Dec. 2023 was 857.22.

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

NEXN' s Days Payable Range Over the Past 10 Years
Min: 78.63 Med: 107.55 Max: 1185.02
Current: 984.26

During the past 13 years, Nexxen International's highest Days Payable was 1185.02. The lowest was 78.63. And the median was 107.55.

NEXN's Days Payable is ranked better than
94.17% of 927 companies
in the Media - Diversified industry
Industry Median: 82.44 vs NEXN: 984.26

Nexxen International's Days Payable declined from Dec. 2022 (1,153.01) to Dec. 2023 (857.22). It may suggest that Nexxen International accelerated paying its suppliers.

Nexxen International Days Payable Historical Data

The historical data trend for Nexxen 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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Nexxen International Days Payable Chart

Nexxen International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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107.27

598.98

732.73

1,125.14

1,160.55

Nexxen International Quarterly Data
	Jun18	Dec18	Jun19	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															1,153.01	989.18	896.10	1,011.27	857.22

Competitive Comparison of Nexxen International's Days Payable

For the Advertising Agencies subindustry, Nexxen 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.

Nexxen International's Days Payable Distribution in the Media - Diversified Industry

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

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

Nexxen 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.

Nexxen 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
=	( (212.69	+	183.296)	/	2 )	/	62.27	*	365
=	197.993					/	62.27	*	365
=	1,160.55

Nexxen 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
=	( (152.753	+	183.296)	/	2 )	/	17.886	*	365 / 4
=	168.0245					/	17.886	*	365 / 4
=	857.22

Nexxen International Days Payable Related Terms

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Nexxen International (Nexxen International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Nexxen International Ltd (NAS:NEXN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TTTPF:USA NEXN:UK

Address

82 Yigal Alon Street, 13th Floor, Tel Aviv, ISR, 6789124

Website

https://www.tremorinternational.com

Nexxen International Ltd empowers advertisers, agencies, publishers and broadcasters to utilize video and connected TV. It is a demand-side platform (DSP), supply-side platform (SSP), ad server and data management platform (DMP) and also delivers a flexible and unified technology stack with advanced and exclusive data at its core.