TVA Group (TSX:TVA.B) Days Payable : 75.35 (As of Dec. 2023)

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What is TVA Group Days Payable?

TVA Group's average Accounts Payable for the three months ended in Dec. 2023 was C$93.7 Mil. TVA Group's Cost of Goods Sold for the three months ended in Dec. 2023 was C$113.5 Mil. Hence, TVA Group's Days Payable for the three months ended in Dec. 2023 was 75.35.

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

TSX:TVA.B' s Days Payable Range Over the Past 10 Years
Min: 75.34 Med: 86.23 Max: 92.8
Current: 84.41

During the past 13 years, TVA Group's highest Days Payable was 92.80. The lowest was 75.34. And the median was 86.23.

TSX:TVA.B's Days Payable is ranked better than
50.7% of 927 companies
in the Media - Diversified industry
Industry Median: 82.44 vs TSX:TVA.B: 84.41

TVA Group's Days Payable increased from Dec. 2022 (70.40) to Dec. 2023 (75.35). It may suggest that TVA Group delayed paying its suppliers.

TVA Group Days Payable Historical Data

The historical data trend for TVA Group'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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TVA Group Days Payable Chart

TVA Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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77.55

88.68

88.24

88.78

80.54

TVA Group 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															70.40	76.15	85.56	116.37	75.35

Competitive Comparison of TVA Group's Days Payable

For the Broadcasting subindustry, TVA Group'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.

TVA Group's Days Payable Distribution in the Media - Diversified Industry

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

* The bar in red indicates where TVA Group's Days Payable falls into.

TVA Group 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.

TVA Group'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
=	( (93.215	+	91.583)	/	2 )	/	418.742	*	365
=	92.399					/	418.742	*	365
=	80.54

TVA Group'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
=	( (95.858	+	91.583)	/	2 )	/	113.498	*	365 / 4
=	93.7205					/	113.498	*	365 / 4
=	75.35

TVA Group Days Payable Related Terms

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TVA Group (TSX:TVA.B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » TVA Group Inc (TSX:TVA.B) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1600 de Maisonneuve Boulevard East, Montreal, QC, CAN, H2L 4P2

Website

https://www.groupetva.ca

TVA Group Inc is a Canada-based communications company engaged in broadcasting, film production and audiovisual services, international production and distribution of television content, and magazine publishing businesses. The Corporation's segments include 1)The Broadcasting segment 2)The Film Production and Audiovisual Services segment 3) The Magazines segment 4) The Production and Distribution segment.

TVA Group (TSX:TVA.B) Headlines

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