7days Music Entertainment AG (XTER:7DM1) Days Payable : 20.98 (As of Dec. 2012)

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What is 7days Music Entertainment AG Days Payable?

7days Music Entertainment AG's average Accounts Payable for the six months ended in Dec. 2012 was €0.15 Mil. 7days Music Entertainment AG's Cost of Goods Sold for the six months ended in Dec. 2012 was €2.64 Mil. Hence, 7days Music Entertainment AG's Days Payable for the six months ended in Dec. 2012 was 10.49.

The historical rank and industry rank for 7days Music Entertainment AG's Days Payable or its related term are showing as below:

XTER:7DM1's Days Payable is not ranked ^*
in the Media - Diversified industry.
Industry Median: 81.555
* Ranked among companies with meaningful Days Payable only.

7days Music Entertainment AG's Days Payable declined from Dec. 2010 (169.66) to Dec. 2012 (20.98). It may suggest that 7days Music Entertainment AG accelerated paying its suppliers.

7days Music Entertainment AG Days Payable Historical Data

The historical data trend for 7days Music Entertainment AG'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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7days Music Entertainment AG Days Payable Chart

7days Music Entertainment AG Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Days Payable

205.21

169.66

30.21

20.98

7days Music Entertainment AG Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12
Days Payable	205.21	169.66	30.21	20.98

Competitive Comparison of 7days Music Entertainment AG's Days Payable

For the Broadcasting subindustry, 7days Music Entertainment AG'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.

7days Music Entertainment AG's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, 7days Music Entertainment AG's Days Payable distribution charts can be found below:

* The bar in red indicates where 7days Music Entertainment AG's Days Payable falls into.

7days Music Entertainment AG 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.

7days Music Entertainment AG's Days Payable for the fiscal year that ended in Dec. 2012 is calculated as

	Days Payable (A: Dec. 2012 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2011 )	+	Accounts Payable (A: Dec. 2012 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2012 )	*	Days in Period
=	( (0.181	+	0.123)	/	2 )	/	2.644	*	365
=	0.152					/	2.644	*	365
=	20.98

7days Music Entertainment AG's Days Payable for the quarter that ended in Dec. 2012 is calculated as:

	Days Payable (Q: Dec. 2012 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2011 )	+	Accounts Payable (Q: Dec. 2012 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2012 )	*	Days in Period
=	( (0.181	+	0.123)	/	2 )	/	2.644	*	365 / 2
=	0.152					/	2.644	*	365 / 2
=	10.49

7days Music Entertainment AG Days Payable Related Terms

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7days Music Entertainment AG (XTER:7DM1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » 7days Music Entertainment AG (XTER:7DM1) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.7daysmusic.de

7days Music Entertainment AG is engaged in music and entertainment industry, which includes marketing and sales of music CD, DVD, advertising, artiste management and mobile ring tones.

7days Music Entertainment AG (XTER:7DM1) Headlines

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