Klassik Radio AG (XTER:KA8) Days Payable : 111.40 (As of Jun. 2023)

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What is Klassik Radio AG Days Payable?

Klassik Radio AG's average Accounts Payable for the six months ended in Jun. 2023 was €2.15 Mil. Klassik Radio AG's Cost of Goods Sold for the six months ended in Jun. 2023 was €3.52 Mil. Hence, Klassik Radio AG's Days Payable for the six months ended in Jun. 2023 was 111.40.

The historical rank and industry rank for Klassik Radio AG's Days Payable or its related term are showing as below:

XTER:KA8' s Days Payable Range Over the Past 10 Years
Min: 17.75 Med: 44.26 Max: 104.35
Current: 104.35

During the past 13 years, Klassik Radio AG's highest Days Payable was 104.35. The lowest was 17.75. And the median was 44.26.

XTER:KA8's Days Payable is ranked better than
59.22% of 927 companies
in the Media - Diversified industry
Industry Median: 81.28 vs XTER:KA8: 104.35

Klassik Radio AG's Days Payable increased from Jun. 2022 (81.98) to Jun. 2023 (111.40). It may suggest that Klassik Radio AG delayed paying its suppliers.

Klassik Radio AG Days Payable Historical Data

The historical data trend for Klassik Radio 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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Klassik Radio AG Days Payable Chart

Klassik Radio AG Annual Data

Trend

Sep13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

38.24

44.52

42.13

17.75

47.53

Klassik Radio AG Semi-Annual Data
	Sep13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial															81.01	88.20	81.98	86.18	111.40

Competitive Comparison of Klassik Radio AG's Days Payable

For the Broadcasting subindustry, Klassik Radio 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.

Klassik Radio AG's Days Payable Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Klassik Radio AG's Days Payable falls into.

Klassik Radio 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.

Klassik Radio AG's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.322	+	1.663)	/	2 )	/	7.621	*	365
=	0.9925					/	7.621	*	365
=	47.53

Klassik Radio AG's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (1.663	+	2.632)	/	2 )	/	3.518	*	365 / 2
=	2.1475					/	3.518	*	365 / 2
=	111.40

Klassik Radio AG Days Payable Related Terms

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Klassik Radio AG (XTER:KA8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Klassik Radio AG (XTER:KA8) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

KA8:Germany KA8:Germany

Address

Mediatower Imhofstrasse 12, Imhofstrasse 12, Augsburg, DEU, 86159

Website

http://www.klassikradioag.de

Klassik Radio AG is an independent radio holding company. Located on the FM radio network and specialising in classical music, it's operational business is divided between radio stations and merchandising.

Executives

Ulrich R.j. Kubak

Board of Directors

Klassik Radio AG (XTER:KA8) Headlines

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