WPP (WPP) Days Payable

: 298.11 (As of Dec. 2023)

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WPP's average Accounts Payable for the six months ended in Dec. 2023 was $12,755 Mil. WPP's Cost of Goods Sold for the six months ended in Dec. 2023 was $7,809 Mil. Hence, WPP's Days Payable for the six months ended in Dec. 2023 was 298.11.

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

WPP' s Days Payable Range Over the Past 10 Years
Min: 290.34 Med: 436.58 Max: 2313.13
Current: 309.54

During the past 13 years, WPP's highest Days Payable was 2313.13. The lowest was 290.34. And the median was 436.58.

WPP's Days Payable is ranked better than
84.96% of 924 companies
in the Media - Diversified industry
Industry Median: 82.37 vs WPP: 309.54

WPP's Days Payable declined from Dec. 2022 (309.44) to Dec. 2023 (298.11). It may suggest that WPP accelerated paying its suppliers.

WPP Days Payable Historical Data

The historical data trend for WPP'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.

WPP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

483.79

439.29

360.15

349.21

319.61

WPP Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable																337.64	337.57	309.44	298.46	298.11

Competitive Comparison

For the Advertising Agencies subindustry, WPP'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.

WPP Days Payable Distribution

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

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

WPP 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.

WPP'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
=	( (13620.341	+	13703.418)	/	2 )	/	15602.278	*	365
=	13661.8795					/	15602.278	*	365
=	319.61

WPP'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (11806.944	+	13703.418)	/	2 )	/	7808.608	*	365 / 2
=	12755.181					/	7808.608	*	365 / 2
=	298.11

WPP Days Payable Related Terms

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WPP (WPP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » WPP PLC (NYSE:WPP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

WPPGF:USA WPPl:UK WPP:UK 0WP:Germany 0WP:Germany

Address

18 Upper Ground, Sea Containers, London, GBR, SE1 9GL

Website

https://www.wpp.com

Headquartered in the United Kingdom, WPP is the world's largest ad holding company, based on annual revenues. WPP's services, which include traditional and digital advertising, public relations, and consulting, are provided worldwide, with over 70% of its revenue coming from more developed regions such as North America, the U.K., and Western Europe.