Emmis (EMMS) Days Payable: 34.36 (As of Feb. 2020)


EMMS Emmis Corp EMMS
16 GF Score
Price $1.55
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What is Emmis Days Payable?

Emmis EMMS 16 Days Payable is 34.36 as of Feb. 2020. GuruFocus rates EMMS with a GF Score™ of 16/100.

Emmis's average Accounts Payable for the three months ended in Feb. 2020 was $3.52 Mil. Emmis's Cost of Goods Sold for the three months ended in Feb. 2020 was $9.33 Mil. Hence, Emmis's Days Payable for the three months ended in Feb. 2020 was 34.36.

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

EMMS's Days Payable is not ranked *
in the Media - Diversified industry.
Industry Median: 84.54
* Ranked among companies with meaningful Days Payable only.

Emmis's Days Payable declined from Feb. 2019 (52.18) to Feb. 2020 (34.36). It may suggest that Emmis accelerated paying its suppliers.

Emmis Days Payable Historical Data

* Premium members only.

The historical data trend for Emmis'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.

Emmis Days Payable Chart

Emmis Annual Data
Trend Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.54 21.81 30.16 49.57 36.24

Emmis Quarterly Data
May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20
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 52.18 21.88 62.76 55.88 34.36

EMMS vs SALM, UONE, NTN: Days Payable Comparison

For the Broadcasting subindustry, Emmis'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.

Emmis Days Payable vs Media - Diversified Industry

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

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


EMMS
16GF Score
Emmis Corp EMMS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Emmis 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.

Emmis's Days Payable for the fiscal year that ended in Feb. 2020 is calculated as

Days Payable (A: Feb. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Feb. 2019 ) + Accounts Payable (A: Feb. 2020 )) / count ) / Cost of Goods Sold (A: Feb. 2020 )*Days in Period
=( (4.16 + 2.393) / 2 ) / 33.001*365
=3.2765 / 33.001*365
=36.24

Emmis's Days Payable for the quarter that ended in Feb. 2020 is calculated as:

Days Payable (Q: Feb. 2020 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2019 ) + Accounts Payable (Q: Feb. 2020 )) / count ) / Cost of Goods Sold (Q: Feb. 2020 )*Days in Period
=( (4.637 + 2.393) / 2 ) / 9.334*365 / 4
=3.515 / 9.334*365 / 4
=34.36

* 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 34.36 mean?
Emmis (EMMS) has a Days Payable of 34.36 as of Feb. 2020. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Emmis and its competitors.
Is Emmis' Days Payable too high?
Emmis' current Days Payable is 34.36. The Media - Diversified industry median Days Payable is 84.54. Emmis' value of 34.36 is 59.4% below this industry median. Overall, Emmis has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Emmis' Days Payable compare to SALM and UONE?
Emmis' Days Payable of 34.36 can be compared against companies in the Media - Diversified industry. The industry median Days Payable is 84.54. Emmis' value of 34.36 is 59.4% below this benchmark. 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 84.54, based on 923 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. Emmis's current Days Payable of 34.36 is 59.4% 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 Emmis and its competitors. For the Media - Diversified industry, the median Days Payable is 84.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emmis's current Days Payable is 34.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emmis stock overvalued right now?
Emmis (EMMS) has a current Days Payable of 34.36. The current Days Payable is 34.36 and 59.4% below the Media - Diversified industry median of 84.54. Emmis' overall GF Score™ is 16/100. 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 Emmis (EMMS), the current Days Payable is 34.36 as of Feb. 2020. 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.

Emmis Business Description

Address 40 Monument Circle, Suite 700, One EMMIS Plaza, Indianapolis, IN, USA, 46204
Emmis Corp, formerly Emmis Communications Corp is a diversified media company principally focused on radio broadcasting. The company owns and operates radio and magazine entities in large and medium-sized markets throughout the United States. Its operations have aligned into two business segments: Radio and Publishing. A vast majority of revenue is generated from the Radio segment. The company generates revenue in the form of Advertising; Circulation, which includes revenues from digital and home delivery subscriptions; Nontraditional, which includes ticket sales and sponsorship of events on their stations and magazine conduct; LMA(Local Marketing Agreement) Fees; and other revenues.
16GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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