Warner Music Group (HAM:WA4) Days Payable: 31.91 (As of Mar. 2026) — 17% Below Median


HAM:WA4 Warner Music Group Corp HAM:WA4
79 GF Score
Price €23.81
GF Value €31.39
! 2 Warning Signs
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What is Warner Music Group Days Payable?

Warner Music Group HAM:WA4 +1.32% 79 Days Payable is 31.91 as of Mar. 2026, which is 17% below its 10-year median of 38.31. GuruFocus rates HAM:WA4 with a GF Score™ of 79/100 and a GF Value™ of €31.39. The stock has 2 warning signs investors should review. Among 916 Media - Diversified companies, Warner Music Group ranks worse than 80.9% on this metric.

Warner Music Group's average Accounts Payable for the three months ended in Mar. 2026 was €281 Mil. Warner Music Group's Cost of Goods Sold for the three months ended in Mar. 2026 was €804 Mil. Hence, Warner Music Group's Days Payable for the three months ended in Mar. 2026 was 31.91.

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

HAM:WA4' s Days Payable Range Over the Past 10 Years
Min: 27.44   Med: 38.31   Max: 41.12
Current: 28.3

During the past 13 years, Warner Music Group's highest Days Payable was 41.12. The lowest was 27.44. And the median was 38.31.

HAM:WA4's Days Payable is ranked worse than
80.9% of 916 companies
in the Media - Diversified industry
Industry Median: 83.87 vs HAM:WA4: 28.30

Warner Music Group's Days Payable increased from Mar. 2025 (31.27) to Mar. 2026 (31.91). It may suggest that Warner Music Group delayed paying its suppliers.


Warner Music Group Days Payable Historical Data

* Premium members only.

The historical data trend for Warner Music 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.

Warner Music Group Days Payable Chart

Warner Music Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.65 30.94 33.83 32.69 28.27

Warner Music Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 31.27 30.54 22.16 21.14 31.91

HAM:WA4 vs NWSA, TKO, PSKY: Days Payable Comparison

For the Entertainment subindustry, Warner Music 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.


Warner Music Group Days Payable vs Media - Diversified Industry

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

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


HAM:WA4
79GF Score
Warner Music Group Corp HAM:WA4
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Warner Music 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.

Warner Music Group's Days Payable for the fiscal year that ended in Sep. 2025 is calculated as

Days Payable (A: Sep. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2024 ) + Accounts Payable (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (260.389 + 218.964) / 2 ) / 3094.464*365
=239.6765 / 3094.464*365
=28.27

Warner Music Group's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (171.654 + 390.98) / 2 ) / 804.45*365 / 4
=281.317 / 804.45*365 / 4
=31.91

* 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 31.91 mean?
Warner Music Group (HAM:WA4) has a Days Payable of 31.91 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Warner Music Group and its competitors. This is 17% below median its historical median of 38.31. Over the past decade, Warner Music Group's Days Payable has ranged from 27.44 to 41.12. According to the industry distribution chart, Warner Music Group ranks #741 out of 916 companies in the Media - Diversified industry, placing it in the top 80.9%.
Is Warner Music Group's Days Payable too high?
Warner Music Group's current Days Payable of 31.91 is 17% below median its 10-year median of 38.31. Over the past 10 years, this metric has ranged from a low of 27.44 to a high of 41.12. The Media - Diversified industry median Days Payable is 83.87. Warner Music Group's value of 31.91 is 62% below this industry median. Based on the distribution chart, Warner Music Group ranks #741 out of 916 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Warner Music Group has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Warner Music Group's Days Payable compare to NWSA and TKO?
According to the Media - Diversified industry distribution chart, Warner Music Group ranks #741 out of 916 companies for Days Payable. This places Warner Music Group in the lower half of its industry. The industry median Days Payable is 83.87. Warner Music Group's value of 31.91 is 62% below this benchmark. Historically, Warner Music Group's own Days Payable has ranged from 27.44 to 41.12 over the past decade. While the company's 10-year median is 38.31 vs. the industry median of 83.87, Warner Music Group has consistently been below the industry average. 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 83.87, based on 916 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. Warner Music Group's current Days Payable of 31.91 is 62% 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 Warner Music Group and its competitors. For the Media - Diversified industry, the median Days Payable is 83.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Warner Music Group's current Days Payable is 31.91, which is 17% below median its own 10-year median of 38.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Warner Music Group stock overvalued right now?
Warner Music Group (HAM:WA4) has a current Days Payable of 31.91. The stock's GF Value™ is €31.39, compared to a current price of €23.81 — trading 24.1% below its estimated fair value. The current Days Payable is 31.91, which is 17% below median its 10-year median of 38.31 and 62% below the Media - Diversified industry median of 83.87. Warner Music Group's overall GF Score™ is 79/100 with 2 warning signs to review. 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 Warner Music Group (HAM:WA4), the current Days Payable is 31.91 as of Mar. 2026. 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.

Is Warner Music Group (HAM:WA4) Overvalued in 2026?

Based on GuruFocus' analysis, Warner Music Group stock appears to be undervalued. The current stock price of €23.81 is trading 24.1% below its estimated GF Value™ of €31.39.

Key valuation signals for HAM:WA4:

  • Days Payable: 31.91 (17% below median its 10-year median of 38.31)
  • GF Value™: €31.39 vs. price of €23.81 (24.1% below fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 62% below the Media - Diversified median (#741 of 916)

No single metric tells the full story. See the HAM:WA4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Warner Music Group Business Description

Address 1633 Broadway, New York, NY, USA, 10019
Warner Music is the third-largest of the three major record companies. Recorded music accounts for most of the firm's revenue, with the segment housing notable record labels including Atlantic Records, Warner Records, Elektra Records. Some of the most successful current artists signed to record deals with Warner include Ed Sheeran, Bruno Mars, Cardi B, and Dua Lipa. Warner's remaining revenue comes from its publishing business, where Warner Chappell represents more than 180,000 songwriters and composers, some of whom are also Warner recording artists but many of whom are not recording artists or are attached to other labels. Warner Chappell controls more than 1 million musical compositions. Access Industries controls 98% of Warner's voting rights, while holding a 72% economic interest.
79GF Score

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

€23.81
Price
€31.39
GF Value