Warner Music Group (WMG)
Payables turnover
| Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 3,632,000 | 3,452,000 | 3,369,000 | 3,369,000 | 3,355,000 | 3,346,000 | 3,366,000 | 3,296,000 | 3,177,000 | 3,131,000 | 3,047,000 | 3,023,000 | 3,080,000 | 3,033,000 | 2,948,000 | 2,874,000 | 2,742,000 | 2,596,000 | 2,442,000 | 2,354,000 |
| Payables | US$ in thousands | 257,000 | 241,000 | 347,000 | 189,000 | 289,000 | 200,000 | 306,000 | 246,000 | 300,000 | 249,000 | 282,000 | 220,000 | 268,000 | 265,000 | 320,000 | 274,000 | 302,000 | 226,000 | 235,000 | 214,000 |
| Payables turnover | 14.13 | 14.32 | 9.71 | 17.83 | 11.61 | 16.73 | 11.00 | 13.40 | 10.59 | 12.57 | 10.80 | 13.74 | 11.49 | 11.45 | 9.21 | 10.49 | 9.08 | 11.49 | 10.39 | 11.00 |
September 30, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $3,632,000K ÷ $257,000K
= 14.13
Peer comparison
Sep 30, 2025