WRIT (WRIT Media Group) Days Payable: 4.13 (As of Dec. 2017)

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What is WRIT Media Group Days Payable?

WRIT Media Group WRIT Days Payable is 4.13 as of Dec. 2017.

WRIT Media Group's average Accounts Payable for the three months ended in Dec. 2017 was $0.05 Mil. WRIT Media Group's Cost of Goods Sold for the three months ended in Dec. 2017 was $1.12 Mil. Hence, WRIT Media Group's Days Payable for the three months ended in Dec. 2017 was 4.13.

The historical rank and industry rank for WRIT Media Group's Days Payable or its related term are showing as below:

WRIT's Days Payable is not ranked *
in the Media - Diversified industry.
Industry Median: 82.475
* Ranked among companies with meaningful Days Payable only.

WRIT Media Group's Days Payable increased from Dec. 2016 (0.00) to Dec. 2017 (4.13). It may suggest that WRIT Media Group delayed paying its suppliers.

WRIT Media Group Days Payable Historical Data

* Premium members only.

The historical data trend for WRIT Media Group'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.

WRIT Media Group Days Payable Chart

WRIT Media Group Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

WRIT Media Group Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 0.00 0.00 48.68 31.85 4.13

WRIT vs ASKH, AFOM, XSPT: Days Payable Comparison

For the Entertainment subindustry, WRIT Media Group'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.

WRIT Media Group Days Payable vs Media - Diversified Industry

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

* The bar in red indicates where WRIT Media Group's Days Payable falls into.


WRIT Media Group 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.

WRIT Media Group's Days Payable for the fiscal year that ended in Mar. 2017 is calculated as

Days Payable (A: Mar. 2017 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2016 ) + Accounts Payable (A: Mar. 2017 )) / count ) / Cost of Goods Sold (A: Mar. 2017 )*Days in Period
=( (0.127 + 0.091) / 2 ) / 0*365
=0.109 / 0*365
=N/A

WRIT Media Group's Days Payable for the quarter that ended in Dec. 2017 is calculated as:

Days Payable (Q: Dec. 2017 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2017 ) + Accounts Payable (Q: Dec. 2017 )) / count ) / Cost of Goods Sold (Q: Dec. 2017 )*Days in Period
=( (0.085 + 0.016) / 2 ) / 1.117*365 / 4
=0.0505 / 1.117*365 / 4
=4.13

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 4.13 mean?
WRIT Media Group (WRIT) has a Days Payable of 4.13 as of Dec. 2017. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on WRIT Media Group and its competitors.
Is WRIT Media Group's Days Payable too high?
WRIT Media Group's current Days Payable is 4.13. The Media - Diversified industry median Days Payable is 82.48. WRIT Media Group's value of 4.13 is 95% below this industry median.
How does WRIT Media Group's Days Payable compare to ASKH and AFOM?
WRIT Media Group's Days Payable of 4.13 can be compared against companies in the Media - Diversified industry. The industry median Days Payable is 82.48. WRIT Media Group's value of 4.13 is 95% below 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 82.48, based on 912 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. WRIT Media Group's current Days Payable of 4.13 is 95% below 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 WRIT Media Group and its competitors. For the Media - Diversified industry, the median Days Payable is 82.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WRIT Media Group's current Days Payable is 4.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WRIT Media Group stock overvalued right now?
WRIT Media Group (WRIT) has a current Days Payable of 4.13. The current Days Payable is 4.13 and 95% below the Media - Diversified industry median of 82.48. 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 WRIT Media Group (WRIT), the current Days Payable is 4.13 as of Dec. 2017. 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.

WRIT Media Group Business Description

Address 1980 Festival Plaza Drive, Suite 300, Las Vegas, NV, USA, 89135
WRIT Media Group Inc is a part of the media industry. The company is mainly engaged in producing films, television programs, and similar entertainment programs for various media formats. It is a content creation company, that produces, acquires, licenses, and distributes music-related content in three-dimensional (3-D) for initial digital broadcast into digitally-enabled movie theatres. The company also licenses classic pre-Windows computer game libraries and adapts, and republishes titles for smartphones, game consoles, personal computers, tablets, and other television streaming devices.