CMLSQ (Cumulus Media) Days Payable: 74.87 (As of Jun. 2026) — 733% Above Median

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What is Cumulus Media Days Payable?

Cumulus Media CMLSQ Days Payable is 74.87 as of Jun. 2026, which is 733% above its 10-year median of 8.99. The stock has 2 warning signs investors should review. Among 911 Media - Diversified companies, Cumulus Media ranks better than 52.47% on this metric.

Cumulus Media's average Accounts Payable for the three months ended in Jun. 2026 was $45.6 Mil. Cumulus Media's Cost of Goods Sold for the three months ended in Jun. 2026 was $55.6 Mil. Hence, Cumulus Media's Days Payable for the three months ended in Jun. 2026 was 74.87.

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

CMLSQ' s Days Payable Range Over the Past 10 Years
Min: 5.4   Med: 8.99   Max: 89.55
Current: 89.55

During the past 13 years, Cumulus Media's highest Days Payable was 89.55. The lowest was 5.40. And the median was 8.99.

CMLSQ's Days Payable is ranked better than
52.47% of 911 companies
in the Media - Diversified industry
Industry Median: 80.37 vs CMLSQ: 89.55

Cumulus Media's Days Payable declined from Jun. 2025 (163.39) to Jun. 2026 (74.87). It may suggest that Cumulus Media accelerated paying its suppliers.


Cumulus Media Days Payable Historical Data

* Premium members only.

The historical data trend for Cumulus 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.

Cumulus Media Days Payable Chart

Cumulus Media Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.83 8.99 14.79 16.26 20.22

Cumulus Media Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 163.39 154.00 74.34 36.93 74.87

CMLSQ vs MDEX, NXST: Days Payable Comparison

For the Broadcasting subindustry, Cumulus 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.


Cumulus Media Days Payable vs Media - Diversified Industry

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

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



Cumulus 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.

Cumulus Media's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (13.005 + 17.062) / 2 ) / 271.341*365
=15.0335 / 271.341*365
=20.22

Cumulus Media's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (36.274 + 55.011) / 2 ) / 55.625*365 / 4
=45.6425 / 55.625*365 / 4
=74.87

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 74.87 mean?
Cumulus Media (CMLSQ) has a Days Payable of 74.87 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Cumulus Media and its competitors. This is 733% above median its historical median of 8.99. Over the past decade, Cumulus Media's Days Payable has ranged from 5.40 to 89.55. According to the industry distribution chart, Cumulus Media ranks #433 out of 911 companies in the Media - Diversified industry, placing it in the top 47.5%.
Is Cumulus Media's Days Payable too high?
Cumulus Media's current Days Payable of 74.87 is 733% above median its 10-year median of 8.99. Over the past 10 years, this metric has ranged from a low of 5.40 to a high of 89.55. The Media - Diversified industry median Days Payable is 80.37. Cumulus Media's value of 74.87 is 6.8% below this industry median. Based on the distribution chart, Cumulus Media ranks #433 out of 911 companies in the Media - Diversified industry, which is above the industry midpoint.
How does Cumulus Media's Days Payable compare to MDEX and NXST?
According to the Media - Diversified industry distribution chart, Cumulus Media ranks #433 out of 911 companies for Days Payable. This puts Cumulus Media in the upper half of its industry. The industry median Days Payable is 80.37. Cumulus Media's value of 74.87 is 6.8% below this benchmark. Historically, Cumulus Media's own Days Payable has ranged from 5.40 to 89.55 over the past decade. While the company's 10-year median is 8.99 vs. the industry median of 80.37, Cumulus Media has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Media - Diversified company?
The median Days Payable among Media - Diversified companies is 80.37, based on 911 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cumulus Media's current Days Payable of 74.87 is 6.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Cumulus Media and its competitors. For the Media - Diversified industry, the median Days Payable is 80.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cumulus Media's current Days Payable is 74.87, which is 733% above median its own 10-year median of 8.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cumulus Media stock overvalued right now?
Based on GuruFocus' analysis, Cumulus Media (CMLSQ) is currently considered Possible Value Trap. The stock's GF Value™ is $0.59, compared to a current price of $0.00 — trading 99.2% below its estimated fair value. The current Days Payable is 74.87, which is 733% above median its 10-year median of 8.99 and 6.8% below the Media - Diversified industry median of 80.37. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Cumulus Media (CMLSQ), the current Days Payable is 74.87 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cumulus Media Business Description

Address 780 Johnson Ferry Road North East, Suite 500, Atlanta, GA, USA, 30342
Cumulus Media Inc is an audio-first media company delivering content to over a quarter billion people monthly whenever required. It is a radio broadcasting company combining high-quality local programming with iconic, nationally syndicated media, sports, and entertainment brands to deliver premium content choices to its customers and radio stations affiliated with the Westwood One network and numerous digital channels. The company's revenue is derived from Broadcast radio revenue, Digital revenue, and Other revenue.