SRM (SRM Entertainment) Days Payable : 50.66 (As of Sep. 2024)

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What is SRM Entertainment Days Payable?

SRM Entertainment's average Accounts Payable for the three months ended in Sep. 2024 was $0.38 Mil. SRM Entertainment's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.68 Mil. Hence, SRM Entertainment's Days Payable for the three months ended in Sep. 2024 was 50.66.

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

SRM' s Days Payable Range Over the Past 10 Years
Min: 20.74 Med: 24.65 Max: 28.55
Current: 24.56

During the past 2 years, SRM Entertainment's highest Days Payable was 28.55. The lowest was 20.74. And the median was 24.65.

SRM's Days Payable is ranked worse than
77.75% of 755 companies
in the Travel & Leisure industry
Industry Median: 57.91 vs SRM: 24.56

SRM Entertainment's Days Payable increased from Sep. 2023 (22.43) to Sep. 2024 (50.66). It may suggest that SRM Entertainment delayed paying its suppliers.

SRM Entertainment Days Payable Historical Data

The historical data trend for SRM Entertainment'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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SRM Entertainment Days Payable Chart

SRM Entertainment Annual Data

Trend

Dec22

Dec23

Days Payable

28.55

20.74

SRM Entertainment Quarterly Data
	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial					22.43	18.41	12.14	6.29	50.66

Competitive Comparison of SRM Entertainment's Days Payable

For the Leisure subindustry, SRM Entertainment'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.

SRM Entertainment's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, SRM Entertainment's Days Payable distribution charts can be found below:

* The bar in red indicates where SRM Entertainment's Days Payable falls into.

SRM Entertainment 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.

SRM Entertainment'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
=	( (0.379	+	0.126)	/	2 )	/	4.444	*	365
=	0.2525					/	4.444	*	365
=	20.74

SRM Entertainment'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: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0.065	+	0.689)	/	2 )	/	0.679	*	365 / 4
=	0.377					/	0.679	*	365 / 4
=	50.66

SRM Entertainment Days Payable Related Terms

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SRM Entertainment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » SRM Entertainment Inc (NAS:SRM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1061 E Indiantown Road, Suite 110, Jupiter, FL, USA, 33477

Website

https://www.srmentertainment.com

SRM Entertainment Inc is a trusted toy and souvenir designer and developer, selling into theme parks and entertainment venues. It has developed, manufactured, and supplied the entertainment and amusement park industry with exclusive products that are often only available to consumers inside SRM's customer base venues such as Walt Disney Parks and Resorts, Universal Studios, SeaWorld, Six Flags, Great Wolf Lodge, Dollywood, and Merlin Entertainment. Its product category includes The Smurfs and Zoonicorns, Sammy Sloth, lilita Llama, kyle Koala, and Hanna Hedgehog.

Executives

Jupiter Wellness, Inc.	10 percent owner	1061 E. INDIANTOWN RD., STE. 110, JUPITER FL 33477
Hans Haywood	director	1061 E. INDIANTOWN ROAD, SUITE 110, JUPITER FL 33477
Brian John	director, officer: Secretary	1500 GATEWAY BLVD, SUITE 220, BOYNTON BEACH FL 33426
Gary L Herman	director	720 FIFTH AVE, 10TH FLOOR, NEW YORK NY 10019
Douglas O Mckinnon	officer: Chief Financial Officer	2104 RIDGE PLAZA DR, CASTLE ROCK CO 80108
Christopher Melton	director	C/O SG BLOCKS, INC., 400 MADISON AVENUE, SUITE 16C, NEW YORK NY 10017
Richard A Miller	director, officer: Chief Executive Officer	1500 GATEWAY BLVD, SUITE 220, BOYNTON BEACH FL 33426
Taft Bryan Flittner	officer: President	1129 WILKINSON STREET, ORLANDO FL 32803
Deborah Lynn Mcdaniel-hand	officer: VP of Production Development	1425 WAKULLA WAY, ORLANDO FL 32839