GMA Network (PHS:GMA7) Days Payable : 10.75 (As of Jun. 2024)

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What is GMA Network Days Payable?

GMA Network's average Accounts Payable for the three months ended in Jun. 2024 was ₱241 Mil. GMA Network's Cost of Goods Sold for the three months ended in Jun. 2024 was ₱2,042 Mil. Hence, GMA Network's Days Payable for the three months ended in Jun. 2024 was 10.75.

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

PHS:GMA7' s Days Payable Range Over the Past 10 Years
Min: 18.45 Med: 40.48 Max: 128.75
Current: 18.45

During the past 13 years, GMA Network's highest Days Payable was 128.75. The lowest was 18.45. And the median was 40.48.

PHS:GMA7's Days Payable is ranked worse than
89.85% of 936 companies
in the Media - Diversified industry
Industry Median: 79.115 vs PHS:GMA7: 18.45

GMA Network's Days Payable declined from Jun. 2023 (19.27) to Jun. 2024 (10.75). It may suggest that GMA Network accelerated paying its suppliers.

GMA Network Days Payable Historical Data

The historical data trend for GMA Network'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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GMA Network Days Payable Chart

GMA Network Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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34.31

38.07

24.78

21.46

25.18

GMA Network Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															19.27	22.40	21.80	19.09	10.75

Competitive Comparison of GMA Network's Days Payable

For the Broadcasting subindustry, GMA Network'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.

GMA Network's Days Payable Distribution in the Media - Diversified Industry

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

* The bar in red indicates where GMA Network's Days Payable falls into.

GMA Network 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.

GMA Network'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
=	( (562.649	+	606.141)	/	2 )	/	8471.298	*	365
=	584.395					/	8471.298	*	365
=	25.18

GMA Network's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (176.424	+	304.803)	/	2 )	/	2042.105	*	365 / 4
=	240.6135					/	2042.105	*	365 / 4
=	10.75

GMA Network Days Payable Related Terms

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GMA Network Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » GMA Network Inc (PHS:GMA7) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

GMA Network Center, Timog Avenue EDSA corner, Diliman, Quezon, PHL, 1103

Website

https://www.gmanetwork.com

GMA Network Inc is a media broadcasting company. The company has three operating segments namely, Television and Radio airtime, International Subscription, and Other Businesses. Its television and Radio segment is engaged in broadcasting activities and the sale of national and regional advertising time. The International Subscription segment is engaged in subscription arrangements with international cable companies and the Other Businesses segment includes movie production, consumer products, and other services. Geographically, it operates in the Philippines and other countries, of which a majority of the revenue is derived from the Philippines.

GMA Network Headlines

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