Corus Entertainment (STU:9CO) Days Payable : 127.72 (As of Aug. 2024)

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What is Corus Entertainment Days Payable?

Corus Entertainment's average Accounts Payable for the three months ended in Aug. 2024 was €106.7 Mil. Corus Entertainment's Cost of Goods Sold for the three months ended in Aug. 2024 was €76.2 Mil. Hence, Corus Entertainment's Days Payable for the three months ended in Aug. 2024 was 127.72.

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

STU:9CO' s Days Payable Range Over the Past 10 Years
Min: 79.47 Med: 96.9 Max: 132.78
Current: 109.1

During the past 13 years, Corus Entertainment's highest Days Payable was 132.78. The lowest was 79.47. And the median was 96.90.

STU:9CO's Days Payable is ranked better than
59.2% of 929 companies
in the Media - Diversified industry
Industry Median: 84.18 vs STU:9CO: 109.10

Corus Entertainment's Days Payable increased from Aug. 2023 (85.74) to Aug. 2024 (127.72). It may suggest that Corus Entertainment delayed paying its suppliers.

Corus Entertainment Days Payable Historical Data

The historical data trend for Corus 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.

* Premium members only.

Corus Entertainment Days Payable Chart

Corus Entertainment Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Days Payable

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94.87

94.18

83.65

84.03

110.40

Corus Entertainment Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Days Payable	Get a 7-Day Free Trial															85.74	108.36	-	-	127.72

Competitive Comparison of Corus Entertainment's Days Payable

For the Entertainment subindustry, Corus 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.

Corus Entertainment's Days Payable Distribution in the Media - Diversified Industry

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

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

Corus 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.

Corus Entertainment's Days Payable for the fiscal year that ended in Aug. 2024 is calculated as

	Days Payable (A: Aug. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2023 )	+	Accounts Payable (A: Aug. 2024 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2024 )	*	Days in Period
=	( (106.298	+	106.707)	/	2 )	/	352.104	*	365
=	106.5025					/	352.104	*	365
=	110.40

Corus Entertainment's Days Payable for the quarter that ended in Aug. 2024 is calculated as:

	Days Payable (Q: Aug. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: May. 2024 )	+	Accounts Payable (Q: Aug. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Aug. 2024 )	*	Days in Period
=	( (0	+	106.707)	/	1 )	/	76.238	*	365 / 4
=	106.707					/	76.238	*	365 / 4
=	127.72

Corus Entertainment Days Payable Related Terms

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Corus Entertainment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Corus Entertainment Inc (STU:9CO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CJREF:USA CJR.B:Canada

Address

25 Dockside Drive, Corus Quay, Toronto, ON, CAN, M5A 0B5

Website

https://www.corusent.com

Corus Entertainment Inc is a media and content company that operates in the diversified media industry. The company has two business segments, which include Television, and Radio. The Television segment is comprised of its conventional television stations, streaming platforms, a social media digital agency, a social media creator network, technology, and media services. The Radio segment is comprised of several radio stations across Canada which are distributed through over-the-air, analog radio transmission, with additional delivery platforms including HD Radio, websites, podcasts, and mobile apps. A majority of the company's revenue is generated from the Television segment. Geographically, it derives key revenue from Canada and the rest from International markets.

Corus Entertainment Headlines

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