Postmedia Network Canada (TSX:PNC.A) Days Payable : 97.58 (As of Feb. 2024)

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What is Postmedia Network Canada Days Payable?

Postmedia Network Canada's average Accounts Payable for the three months ended in Feb. 2024 was C$14.1 Mil. Postmedia Network Canada's Cost of Goods Sold for the three months ended in Feb. 2024 was C$13.2 Mil. Hence, Postmedia Network Canada's Days Payable for the three months ended in Feb. 2024 was 97.58.

The historical rank and industry rank for Postmedia Network Canada's Days Payable or its related term are showing as below:

TSX:PNC.A' s Days Payable Range Over the Past 10 Years
Min: 38.9 Med: 48.51 Max: 89.67
Current: 89.67

During the past 13 years, Postmedia Network Canada's highest Days Payable was 89.67. The lowest was 38.90. And the median was 48.51.

TSX:PNC.A's Days Payable is ranked better than
53.73% of 925 companies
in the Media - Diversified industry
Industry Median: 79.7 vs TSX:PNC.A: 89.67

Postmedia Network Canada's Days Payable increased from Feb. 2023 (73.94) to Feb. 2024 (97.58). It may suggest that Postmedia Network Canada delayed paying its suppliers.

Postmedia Network Canada Days Payable Historical Data

The historical data trend for Postmedia Network Canada'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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Postmedia Network Canada Days Payable Chart

Postmedia Network Canada Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Payable

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39.86

47.97

55.14

62.37

84.37

Postmedia Network Canada Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Payable	Get a 7-Day Free Trial															73.94	79.10	97.74	97.80	97.58

Competitive Comparison of Postmedia Network Canada's Days Payable

For the Publishing subindustry, Postmedia Network Canada'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.

Postmedia Network Canada's Days Payable Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Postmedia Network Canada's Days Payable falls into.

Postmedia Network Canada 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.

Postmedia Network Canada's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

	Days Payable (A: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2022 )	+	Accounts Payable (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (17.851	+	16.253)	/	2 )	/	73.771	*	365
=	17.052					/	73.771	*	365
=	84.37

Postmedia Network Canada's Days Payable for the quarter that ended in Feb. 2024 is calculated as:

	Days Payable (Q: Feb. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2023 )	+	Accounts Payable (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (14.879	+	13.25)	/	2 )	/	13.152	*	365 / 4
=	14.0645					/	13.152	*	365 / 4
=	97.58

Postmedia Network Canada Days Payable Related Terms

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Postmedia Network Canada (TSX:PNC.A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Postmedia Network Canada Corp (TSX:PNC.A) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PNC.B:Canada

Address

365 Bloor Street East, Legal Department, 12th Floor, Toronto, ON, CAN, M4W 3L4

Website

https://www.postmedia.com

Postmedia Network Canada Corp is a holding company. It operates through the Newsmedia segment. The company's business consists of news and information gathering and dissemination operations, with products offered in local, regional and metropolitan markets in Canada through multiple print, online and mobile platforms. Postmedia's operations include an extensive distribution network, which also offers distribution services, for advertising flyers and parcels. The combination of these distribution platforms provides audiences with a variety of media through which to access and interact with Postmedia's content. The breadth of the company's reach and the diversity of its content enable advertisers to reach target audiences on a local, regional or national scale.

Postmedia Network Canada (TSX:PNC.A) Headlines

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