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Enero Group (Enero Group) Days Payable : 47.05 (As of Dec. 2023)


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What is Enero Group Days Payable?

Enero Group's average Accounts Payable for the six months ended in Dec. 2023 was $54.64 Mil. Enero Group's Cost of Goods Sold for the six months ended in Dec. 2023 was $211.95 Mil. Hence, Enero Group's Days Payable for the six months ended in Dec. 2023 was 47.05.

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

EGGRF' s Days Payable Range Over the Past 10 Years
Min: 34.65   Med: 47.83   Max: 84.06
Current: 53.6

During the past 13 years, Enero Group's highest Days Payable was 84.06. The lowest was 34.65. And the median was 47.83.

EGGRF's Days Payable is ranked worse than
62.45% of 924 companies
in the Media - Diversified industry
Industry Median: 81.555 vs EGGRF: 53.60

Enero Group's Days Payable declined from Dec. 2022 (50.81) to Dec. 2023 (47.05). It may suggest that Enero Group accelerated paying its suppliers.

Enero Group Days Payable Historical Data

The historical data trend for Enero 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.

* Premium members only.

Enero Group Days Payable Chart

Enero Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 88.33 42.81 33.75 40.62 35.36

Enero Group 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 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 57.09 53.49 50.81 50.95 47.05

Competitive Comparison of Enero Group's Days Payable

For the Advertising Agencies subindustry, Enero 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.

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

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

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


Enero 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.

Enero Group's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (28.831 + 35.995) / 2 ) / 334.606*365
=32.413 / 334.606*365
=35.36

Enero 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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (35.995 + 73.284) / 2 ) / 211.95*365 / 2
=54.6395 / 211.95*365 / 2
=47.05

* 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.

Enero Group Days Payable Related Terms

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Enero Group (Enero Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Enero Group Ltd (GREY:EGGRF) » Definitions » Days Payable
Comparable Companies
ASX:GTN ASX:PPL ASX:XGL ASX:MXO ASX:IS3 ASX:IGL XPAR:PUB OMC SZSE:002027 IPG LSE:WPP TSE:4324 XPAR:DEC XTER:SAX TSE:4751 TSE:2433 SAU:4071 ZD CRTO LSE:FOUR
Traded in Other Exchanges
EGG:Australia
Address
100 Harris Street, Level 2, Pyrmont, Sydney, NSW, AUS, 2009
Website
https://www.enero.com
Enero Group Ltd engages in the provision of marketing and communication services in Australia, the United Kingdom, Europe, and the United States. Its services include strategy, market research, advertising, public relations, communications planning, graphic design, events management, direct marketing, and programmatic media. The company has two operating segments namely, brand transformation and Creative technology and data segment. The majority of revenue is derived from Creative technology and data segment. Geographically majority of revenue is derived from Australia.