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News Communications (News Communications) Days Payable : 54.27 (As of Dec. 2004)


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What is News Communications Days Payable?

News Communications's average Accounts Payable for the six months ended in Dec. 2004 was $0.85 Mil. News Communications's Cost of Goods Sold for the six months ended in Dec. 2004 was $5.69 Mil. Hence, News Communications's Days Payable for the six months ended in Dec. 2004 was 27.13.

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

NWCM's Days Payable is not ranked *
in the Media - Diversified industry.
Industry Median: 79.7
* Ranked among companies with meaningful Days Payable only.

News Communications's Days Payable increased from Dec. 2002 (51.53) to Dec. 2004 (54.27). It may suggest that News Communications delayed paying its suppliers.


News Communications Days Payable Historical Data

The historical data trend for News Communications'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.

* Premium members only.

News Communications Days Payable Chart

News Communications Annual Data
Trend Nov96 Nov97 Nov98 Nov99 Dec00 Dec01 Dec02 Dec03 Dec04
Days Payable
Get a 7-Day Free Trial Premium Member Only 36.05 53.65 51.53 54.28 54.27

News Communications Semi-Annual Data
Nov96 Nov97 Nov98 Nov99 Dec00 Dec01 Dec02 Dec03 Dec04
Days Payable Get a 7-Day Free Trial Premium Member Only 36.05 53.65 51.53 54.28 54.27

Competitive Comparison of News Communications's Days Payable

For the Publishing subindustry, News Communications'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.


News Communications's Days Payable Distribution in the Media - Diversified Industry

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

* The bar in red indicates where News Communications's Days Payable falls into.



News Communications 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.

News Communications's Days Payable for the fiscal year that ended in Dec. 2004 is calculated as

Days Payable (A: Dec. 2004 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2003 ) + Accounts Payable (A: Dec. 2004 )) / count ) / Cost of Goods Sold (A: Dec. 2004 )*Days in Period
=( (0.904 + 0.788) / 2 ) / 5.69*365
=0.846 / 5.69*365
=54.27

News Communications's Days Payable for the quarter that ended in Dec. 2004 is calculated as:

Days Payable (Q: Dec. 2004 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2003 ) + Accounts Payable (Q: Dec. 2004 )) / count ) / Cost of Goods Sold (Q: Dec. 2004 )*Days in Period
=( (0.904 + 0.788) / 2 ) / 5.69*365 / 2
=0.846 / 5.69*365 / 2
=27.13

* 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.


News Communications Days Payable Related Terms

Thank you for viewing the detailed overview of News Communications's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


News Communications (News Communications) Business Description

Traded in Other Exchanges
N/A
Address
Website
News Communications, Inc. is engaged in publishing & distribution of advertiser-supported newspapers & magazines. It publishes three newspapers, two magazines including Dans Hampton Style & Dans Hampton Sports; & a guide, Dans Hampton Style Insider Guide.
Executives
Ross Wilbur L Jr director 328 EL VEDADO ROAD, PALM BEACH FL 33480

News Communications (News Communications) Headlines

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