MERLIN GROUP Spolka Akcyjna (WAR:MRG) Days Payable: 429,148.75 (As of Sep. 2022)

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WAR:MRG MERLIN GROUP Spolka Akcyjna WAR:MRG
38 GF Score
Price zł0.17
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What is MERLIN GROUP Spolka Akcyjna Days Payable?

MERLIN GROUP Spolka Akcyjna WAR:MRG 38 Days Payable is 429,148.75 as of Sep. 2022. GuruFocus rates WAR:MRG with a GF Score™ of 38/100.

MERLIN GROUP Spolka Akcyjna's average Accounts Payable for the three months ended in Sep. 2022 was zł4.70 Mil. MERLIN GROUP Spolka Akcyjna's Cost of Goods Sold for the three months ended in Sep. 2022 was zł0.00 Mil. Hence, MERLIN GROUP Spolka Akcyjna's Days Payable for the three months ended in Sep. 2022 was 429,148.75.

The historical rank and industry rank for MERLIN GROUP Spolka Akcyjna's Days Payable or its related term are showing as below:

WAR:MRG's Days Payable is not ranked *
in the Media - Diversified industry.
Industry Median: 82.61
* Ranked among companies with meaningful Days Payable only.

MERLIN GROUP Spolka Akcyjna's Days Payable increased from Jun. 2021 (280.52) to Sep. 2022 (429,148.75). It may suggest that MERLIN GROUP Spolka Akcyjna delayed paying its suppliers.


MERLIN GROUP Spolka Akcyjna Days Payable Historical Data

* Premium members only.

The historical data trend for MERLIN GROUP Spolka Akcyjna'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.

MERLIN GROUP Spolka Akcyjna Days Payable Chart

MERLIN GROUP Spolka Akcyjna Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.75 273.61 258.33 141.39 86.25

MERLIN GROUP Spolka Akcyjna Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 280.52 356.40 12,982.39 205.41 429,148.75

WAR:MRG vs OMC, IPG, ZD: Days Payable Comparison

For the Advertising Agencies subindustry, MERLIN GROUP Spolka Akcyjna'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.


MERLIN GROUP Spolka Akcyjna Days Payable vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, MERLIN GROUP Spolka Akcyjna's Days Payable distribution charts can be found below:

* The bar in red indicates where MERLIN GROUP Spolka Akcyjna's Days Payable falls into.


WAR:MRG
38GF Score
MERLIN GROUP Spolka Akcyjna WAR:MRG
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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MERLIN GROUP Spolka Akcyjna 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.

MERLIN GROUP Spolka Akcyjna's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

Days Payable (A: Dec. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2019 ) + Accounts Payable (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (8.764 + 4.263) / 2 ) / 27.565*365
=6.5135 / 27.565*365
=86.25

MERLIN GROUP Spolka Akcyjna's Days Payable for the quarter that ended in Sep. 2022 is calculated as:

Days Payable (Q: Sep. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2022 ) + Accounts Payable (Q: Sep. 2022 )) / count ) / Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=( (4.703 + 0) / 1 ) / 0.001*365 / 4
=4.703 / 0.001*365 / 4
=429,148.75

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 429,148.75 mean?
MERLIN GROUP Spolka Akcyjna (WAR:MRG) has a Days Payable of 429,148.75 as of Sep. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on MERLIN GROUP Spolka Akcyjna and its competitors.
Is MERLIN GROUP Spolka Akcyjna's Days Payable too high?
MERLIN GROUP Spolka Akcyjna's current Days Payable is 429,148.75. The Media - Diversified industry median Days Payable is 82.61. MERLIN GROUP Spolka Akcyjna's value of 429,148.75 is 519387.7% above this industry median. Overall, MERLIN GROUP Spolka Akcyjna has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does MERLIN GROUP Spolka Akcyjna's Days Payable compare to OMC and IPG?
MERLIN GROUP Spolka Akcyjna's Days Payable of 429,148.75 can be compared against companies in the Media - Diversified industry. The industry median Days Payable is 82.61. MERLIN GROUP Spolka Akcyjna's value of 429,148.75 is 519387.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Media - Diversified company?
The median Days Payable among Media - Diversified companies is 82.61, based on 911 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MERLIN GROUP Spolka Akcyjna's current Days Payable of 429,148.75 is 519387.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on MERLIN GROUP Spolka Akcyjna and its competitors. For the Media - Diversified industry, the median Days Payable is 82.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MERLIN GROUP Spolka Akcyjna's current Days Payable is 429,148.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MERLIN GROUP Spolka Akcyjna stock overvalued right now?
MERLIN GROUP Spolka Akcyjna (WAR:MRG) has a current Days Payable of 429,148.75. The current Days Payable is 429,148.75 and 519387.7% above the Media - Diversified industry median of 82.61. MERLIN GROUP Spolka Akcyjna's overall GF Score™ is 38/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For MERLIN GROUP Spolka Akcyjna (WAR:MRG), the current Days Payable is 429,148.75 as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

MERLIN GROUP Spolka Akcyjna Business Description

Address Ulica Modlinska 310/312, Warsaw, POL, 03-152
MERLIN GROUP Spolka Akcyjna is an advertising and marketing company. The company provides professional marketing activities through promotional activities on the internet.
38GF Score

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