GCI (Gannett Co) Days Payable : 38.35 (As of Sep. 2024)

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What is Gannett Co Days Payable?

Gannett Co's average Accounts Payable for the three months ended in Sep. 2024 was $158 Mil. Gannett Co's Cost of Goods Sold for the three months ended in Sep. 2024 was $376 Mil. Hence, Gannett Co's Days Payable for the three months ended in Sep. 2024 was 38.35.

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

GCI' s Days Payable Range Over the Past 10 Years
Min: 5.25 Med: 17.53 Max: 35.73
Current: 35.3

During the past 13 years, Gannett Co's highest Days Payable was 35.73. The lowest was 5.25. And the median was 17.53.

GCI's Days Payable is ranked worse than
74.41% of 930 companies
in the Media - Diversified industry
Industry Median: 83.56 vs GCI: 35.30

Gannett Co's Days Payable increased from Sep. 2023 (34.92) to Sep. 2024 (38.35). It may suggest that Gannett Co delayed paying its suppliers.

Gannett Co Days Payable Historical Data

The historical data trend for Gannett Co'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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Gannett Co Days Payable Chart

Gannett Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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27.66

25.01

27.74

33.98

35.73

Gannett Co 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															34.92	32.78	33.27	35.61	38.35

Competitive Comparison of Gannett Co's Days Payable

For the Publishing subindustry, Gannett Co'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.

Gannett Co's Days Payable Distribution in the Media - Diversified Industry

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

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

Gannett Co 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.

Gannett Co'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
=	( (189.094	+	142.215)	/	2 )	/	1692.031	*	365
=	165.6545					/	1692.031	*	365
=	35.73

Gannett Co'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
=	( (154.353	+	161.603)	/	2 )	/	375.912	*	365 / 4
=	157.978					/	375.912	*	365 / 4
=	38.35

Gannett Co Days Payable Related Terms

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Gannett Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Gannett Co Inc (NYSE:GCI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

2N2A:Germany

Address

7950 Jones Branch Drive, McLean, VA, USA, 22107-0910

Website

https://www.gannett.com

Gannett Co Inc is a digital newspaper company providing local media and marketing solutions in the U.S. The group operates in three segments, Domestic Gannett Media, Newsquest, and Digital Marketing Solutions. The majority of revenue is from the Domestic Gannett Media segment. The company's brands include USA TODAY and more than 250 daily newspapers as well as digital marketing services companies, including ReachLocal, WordStream, and others. The company produces more than 350 annual events, such as themed expos. The company also operates in the U.K. through the U.K. media company Newsquest, providing more than 150 local media brands.

Executives

Laurence Tarica	director	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Michael Reed	director, officer: Chief Executive Officer	C/O NEWM, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Cindy Gallagher	officer: CAO and PAO	C/O GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Amy Reinhard	director	C/O GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
John Jeffry Louis	director	C/O GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Vinayak Hegde	director	9785 S. MONROE STREET, SUITE 300, SANDY UT 84070
Debra A. Sandler	director	KEURIG DR PEPPER INC., 53 SOUTH AVE., BURLINGTON MA 01803
Theodore Peter Janulis	director	C/O FORTRESS INVESTMENT GROUP, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Mayur Gupta	director	1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Paul J Bascobert	officer: CEO of Gannett Media Corp.	20 W. KINZIE ST, SUITE 1600, CHICAGO IL 60610
Douglas Edward Horne	officer: CFO and CAO	ONE TIME WARNER CENTER, NEW YORK NY 10019
Maria M Miller	director	C/O DAVE & BUSTERS, 2481 MANANA DR, DALLAS TX 75220
Barbara W. Wall	director	C/O GANNETT CO., INC., 7950 JONES BRANCH DR., MCLEAN VA 22107
Kevin M Sheehan	director	DAVE & BUSTER'S ENTERTAINMENT INC., 2481 MANANA DRIVE, DALLAS TX 75220
Alison K Engel	officer: Chief Financial Officer	400 SOUTH RECORD STREET, DALLAS TX 75202