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MCHOY (MultiChoice Group) Days Payable : 26.29 (As of Sep. 2024)


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What is MultiChoice Group Days Payable?

MultiChoice Group's average Accounts Payable for the six months ended in Sep. 2024 was $115 Mil. MultiChoice Group's Cost of Goods Sold for the six months ended in Sep. 2024 was $801 Mil. Hence, MultiChoice Group's Days Payable for the six months ended in Sep. 2024 was 26.29.

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

MCHOY' s Days Payable Range Over the Past 10 Years
Min: 16.33   Med: 23.35   Max: 33.45
Current: 25.86

During the past 7 years, MultiChoice Group's highest Days Payable was 33.45. The lowest was 16.33. And the median was 23.35.

MCHOY's Days Payable is ranked worse than
84.22% of 944 companies
in the Media - Diversified industry
Industry Median: 83.495 vs MCHOY: 25.86

MultiChoice Group's Days Payable increased from Sep. 2023 (25.35) to Sep. 2024 (26.29). It may suggest that MultiChoice Group delayed paying its suppliers.


MultiChoice Group Days Payable Historical Data

The historical data trend for MultiChoice 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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MultiChoice Group Days Payable Chart

MultiChoice Group Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial 27.36 15.55 20.21 24.52 25.81

MultiChoice Group Semi-Annual Data
Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 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 28.60 20.19 25.35 26.40 26.29

Competitive Comparison of MultiChoice Group's Days Payable

For the Entertainment subindustry, MultiChoice 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.


MultiChoice Group's Days Payable Distribution in the Media - Diversified Industry

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

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


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MultiChoice 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.

MultiChoice Group's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (106.903 + 115.398) / 2 ) / 1572.12*365
=111.1505 / 1572.12*365
=25.81

MultiChoice 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: Mar. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (115.398 + 0) / 1 ) / 801.089*365 / 2
=115.398 / 801.089*365 / 2
=26.29

* 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.


MultiChoice Group Days Payable Related Terms

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MultiChoice Group Business Description

Traded in Other Exchanges
Address
144 Bram Fischer Drive, MultiChoice City, Randburg, Johannesburg, GT, ZAF, 2194
MultiChoice Group Ltd is an entertainment company providing video entertainment and related consumer services includes sports betting, fintech, insurance and internet to the African Markets. It provides its content through linear video broadcast service (DTH and DTT) and streaming (OTT) platforms. The entertainment platforms of the company include DStv, GOtv, Showmax, M-Net and SuperSport. Its geographical segment includes South Africa; the Rest of Africa as well as the Technology and Showmax (OTT) segments. The company derives a majority of its revenue from South Africa.