Shortcut Media AB (XSAT:SMG) Days Payable : 32.93 (As of Dec. 2023)

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What is Shortcut Media AB Days Payable?

Shortcut Media AB's average Accounts Payable for the three months ended in Dec. 2023 was kr2.71 Mil. Shortcut Media AB's Cost of Goods Sold for the three months ended in Dec. 2023 was kr7.52 Mil. Hence, Shortcut Media AB's Days Payable for the three months ended in Dec. 2023 was 32.93.

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

XSAT:SMG' s Days Payable Range Over the Past 10 Years
Min: 21.25 Med: 60.39 Max: 121.42
Current: 30.37

During the past 9 years, Shortcut Media AB's highest Days Payable was 121.42. The lowest was 21.25. And the median was 60.39.

XSAT:SMG's Days Payable is ranked worse than
79.4% of 932 companies
in the Media - Diversified industry
Industry Median: 79.485 vs XSAT:SMG: 30.37

Shortcut Media AB's Days Payable declined from Dec. 2022 (49.96) to Dec. 2023 (32.93). It may suggest that Shortcut Media AB accelerated paying its suppliers.

Shortcut Media AB Days Payable Historical Data

The historical data trend for Shortcut Media AB'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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Shortcut Media AB Days Payable Chart

Shortcut Media AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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60.39

73.00

86.65

55.28

21.25

Shortcut Media AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															49.96	61.07	40.99	20.26	32.93

Competitive Comparison of Shortcut Media AB's Days Payable

For the Entertainment subindustry, Shortcut Media AB'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.

Shortcut Media AB's Days Payable Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Shortcut Media AB's Days Payable falls into.

Shortcut Media AB 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.

Shortcut Media AB'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
=	( (2.153	+	1.662)	/	2 )	/	32.76	*	365
=	1.9075					/	32.76	*	365
=	21.25

Shortcut Media AB's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (3.767	+	1.662)	/	2 )	/	7.522	*	365 / 4
=	2.7145					/	7.522	*	365 / 4
=	32.93

Shortcut Media AB Days Payable Related Terms

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Shortcut Media AB (XSAT:SMG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Shortcut Media AB (XSAT:SMG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Brännkyrkagatan 103, Stockholm, SWE, 115 26

Website

http://www.shortcutmedia.se

Shortcut Media AB is an owner-led media company. It is engaged in production and finishing of advertising & corporate films, trailers, promos & film-related digital production; and production of animated films, motion graphics & TV graphics.