WRIT Media Group (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'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: 79.395
* 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

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.

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WRIT Media Group Days Payable Chart

WRIT Media Group Annual Data

Trend

Mar08

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Mar17

Days Payable

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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															-	-	48.68	31.85	4.13

Competitive Comparison of WRIT Media Group's Days Payable

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's Days Payable Distribution in the 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

WRIT Media Group Days Payable Related Terms

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WRIT Media Group (WRIT Media Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » WRIT Media Group Inc (OTCPK:WRIT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1980 Festival Plaza Drive, Suite 300, Las Vegas, NV, USA, 89135

Website

https://www.writmediagroup.com

WRIT Media Group Inc is a part of the media industry. It is mainly engaged in producing films, television programs, and similar entertainment programs for various media formats. It is a content creation company, which produces, acquires, licenses, and distributes music-related content in three-dimensional (3-D), and ultra-high definition (4K) for initial worldwide digital broadcast into digitally-enabled movie theatres. It 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.

WRIT Media Group (WRIT Media Group) Headlines

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