FWONA (Liberty Formula One Group) Days Payable : 72.39 (As of Sep. 2024)

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What is Liberty Formula One Group Days Payable?

Liberty Formula One Group's average Accounts Payable for the three months ended in Sep. 2024 was $472 Mil. Liberty Formula One Group's Cost of Goods Sold for the three months ended in Sep. 2024 was $595 Mil. Hence, Liberty Formula One Group's Days Payable for the three months ended in Sep. 2024 was 72.39.

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

FWONA' s Days Payable Range Over the Past 10 Years
Min: 41.02 Med: 70.39 Max: 77.57
Current: 60.75

During the past 13 years, Liberty Formula One Group's highest Days Payable was 77.57. The lowest was 41.02. And the median was 70.39.

FWONA's Days Payable is ranked worse than
58.28% of 930 companies
in the Media - Diversified industry
Industry Median: 83.56 vs FWONA: 60.75

Liberty Formula One Group's Days Payable increased from Sep. 2023 (52.30) to Sep. 2024 (72.39). It may suggest that Liberty Formula One Group delayed paying its suppliers.

Liberty Formula One Group Days Payable Historical Data

The historical data trend for Liberty Formula One 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.

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Liberty Formula One Group Days Payable Chart

Liberty Formula One Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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65.07

77.57

56.13

73.42

75.85

Liberty Formula One Group 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															52.30	46.89	139.27	54.03	72.39

Competitive Comparison of Liberty Formula One Group's Days Payable

For the Entertainment subindustry, Liberty Formula One 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.

Liberty Formula One Group's Days Payable Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Liberty Formula One Group's Days Payable falls into.

Liberty Formula One 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.

Liberty Formula One Group'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
=	( (396	+	535)	/	2 )	/	2240	*	365
=	465.5					/	2240	*	365
=	75.85

Liberty Formula One Group'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
=	( (472	+	0)	/	1 )	/	595	*	365 / 4
=	472					/	595	*	365 / 4
=	72.39

Liberty Formula One Group Days Payable Related Terms

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Liberty Formula One Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Liberty Formula One Group (NAS:FWONA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

FWONB:USA FWONK:USA FWONK:Mexico 0JUJ:UK LM0F:Germany

Address

12300 Liberty Boulevard, Englewood, CO, USA, 80112

Website

http://www.libertymedia.com

Formula One Group controls the exclusive commercial and promotional rights to the FIA Formula One World Championship series, and the monetization of those rights is the primary business of the group. The firm is responsible for development and promotion of the Formula One race series in concert with its three partners: the FIA (the regulatory body), the teams that participate in the series, and the series' commercial partners, which include the race promoters, broadcasters, sponsors, and advertisers. The F1 schedule in 2023 will encompass 23 races held on five continents. Formula One Group is a subsidiary of Liberty Media, which purchased the firm in January 2017. Formula One stock is a tracking stock for the assets under Formula One Group with Liberty Media.