Nation Media Group (NAI:NMG) Days Payable : 123.98 (As of Dec. 2023)

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What is Nation Media Group Days Payable?

Nation Media Group's average Accounts Payable for the six months ended in Dec. 2023 was KES585 Mil. Nation Media Group's Cost of Goods Sold for the six months ended in Dec. 2023 was KES1,723 Mil. Hence, Nation Media Group's Days Payable for the six months ended in Dec. 2023 was 61.99.

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

NAI:NMG' s Days Payable Range Over the Past 10 Years
Min: 123.98 Med: 154.9 Max: 373.88
Current: 123.98

During the past 13 years, Nation Media Group's highest Days Payable was 373.88. The lowest was 123.98. And the median was 154.90.

NAI:NMG's Days Payable is ranked better than
64.03% of 923 companies
in the Media - Diversified industry
Industry Median: 81.72 vs NAI:NMG: 123.98

Nation Media Group's Days Payable declined from Dec. 2021 (148.11) to Dec. 2023 (123.98). It may suggest that Nation Media Group accelerated paying its suppliers.

Nation Media Group Days Payable Historical Data

The historical data trend for Nation Media 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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Nation Media Group Days Payable Chart

Nation Media Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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137.88

157.05

148.11

147.46

123.98

Nation Media Group Semi-Annual Data
	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Days Payable	Get a 7-Day Free Trial											137.88	157.05	148.11	147.46	123.98

Competitive Comparison of Nation Media Group's Days Payable

For the Entertainment subindustry, Nation Media 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.

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

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

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

Nation Media 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.

Nation Media 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
=	( (583.6	+	587.1)	/	2 )	/	1723.3	*	365
=	585.35					/	1723.3	*	365
=	123.98

Nation Media Group's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (583.6	+	587.1)	/	2 )	/	1723.3	*	365 / 2
=	585.35					/	1723.3	*	365 / 2
=	61.99

Nation Media Group Days Payable Related Terms

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Nation Media Group (NAI:NMG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Nation Media Group PLC (NAI:NMG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kimathi Street, P. O Box 49010, Nation Centre, Nairobi, KEN, 00100

Website

https://www.nationmedia.com

Nation Media Group PLC is a media house in East and Central Africa. Its principal activities of the group are the publication, printing, and distribution of newspapers and magazines, radio and television broadcasting, and digital online products. It has businesses in television networks, film, and TV entertainment and delivers content on a multi-platform basis. Its operating segments are Newspapers & Digital and broadcasting. It generated the majority of its revenue from Newspapers & Digital segments that are engaged in the sale of newspapers, advertisements published in the newspapers, advertisements in the digital platforms, and subscriptions of e-paper.