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Sirius XM Holdings (FRA:RDO) Days Payable : 95.04 (As of Sep. 2024)


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What is Sirius XM Holdings Days Payable?

Sirius XM Holdings's average Accounts Payable for the three months ended in Sep. 2024 was €1,047 Mil. Sirius XM Holdings's Cost of Goods Sold for the three months ended in Sep. 2024 was €1,006 Mil. Hence, Sirius XM Holdings's Days Payable for the three months ended in Sep. 2024 was 95.04.

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

FRA:RDO' s Days Payable Range Over the Past 10 Years
Min: 89.36   Med: 101.65   Max: 109.94
Current: 97.61

During the past 13 years, Sirius XM Holdings's highest Days Payable was 109.94. The lowest was 89.36. And the median was 101.65.

FRA:RDO's Days Payable is ranked better than
54.57% of 929 companies
in the Media - Diversified industry
Industry Median: 84.18 vs FRA:RDO: 97.61

Sirius XM Holdings's Days Payable declined from Sep. 2023 (98.18) to Sep. 2024 (95.04). It may suggest that Sirius XM Holdings accelerated paying its suppliers.


Sirius XM Holdings Days Payable Historical Data

The historical data trend for Sirius XM Holdings'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.

Sirius XM Holdings Days Payable Chart

Sirius XM Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 88.54 114.99 103.51 100.40 103.51

Sirius XM Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 98.18 102.82 100.06 93.16 95.04

Competitive Comparison of Sirius XM Holdings's Days Payable

For the Entertainment subindustry, Sirius XM Holdings'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.


Sirius XM Holdings's Days Payable Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Sirius XM Holdings's Days Payable falls into.



Sirius XM Holdings 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.

Sirius XM Holdings'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
=( (1178.112 + 1197.602) / 2 ) / 4188.856*365
=1187.857 / 4188.856*365
=103.51

Sirius XM Holdings's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (1038.622 + 1055.972) / 2 ) / 1005.516*365 / 4
=1047.297 / 1005.516*365 / 4
=95.04

* 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.


Sirius XM Holdings Days Payable Related Terms

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Sirius XM Holdings Business Description

Traded in Other Exchanges
Address
1221 Avenue of the Americas, 35th Floor, New York, NY, USA, 10020
Sirius XM operates almost exclusively in the US through its SiriusXM and Pandora audio services. SiriusXM is primarily a satellite radio service, which offers nationwide coverage and mostly ad-free listening, with proprietary channels and exclusive content. It makes agreements with automakers to install its radios in vehicles and give trial services to vehicle buyers, which have traditionally fed its subscriber base. The company operates the service through a handful of geostationary satellites that it owns and operates, but it now offers a streaming SiriusXM option as well. Pandora, which makes up a much smaller portion of revenue and profit, offers a subscription and ad-supported streaming music service that competes with industry giants like Spotify, Apple Music, and YouTube Music.

Sirius XM Holdings Headlines

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