AA Tech SpA (MIL:AAT) Days Payable : 187.50 (As of Dec. 2023)

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What is AA Tech SpA Days Payable?

AA Tech SpA's average Accounts Payable for the six months ended in Dec. 2023 was €0.43 Mil. AA Tech SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €0.84 Mil. Hence, AA Tech SpA's Days Payable for the six months ended in Dec. 2023 was 93.75.

The historical rank and industry rank for AA Tech SpA's Days Payable or its related term are showing as below:

MIL:AAT' s Days Payable Range Over the Past 10 Years
Min: 187.5 Med: 914.08 Max: 1452.98
Current: 187.5

During the past 3 years, AA Tech SpA's highest Days Payable was 1452.98. The lowest was 187.50. And the median was 914.08.

MIL:AAT's Days Payable is ranked better than
82.69% of 2531 companies
in the Software industry
Industry Median: 50.16 vs MIL:AAT: 187.50

AA Tech SpA's Days Payable declined from Dec. 2021 (1,452.98) to Dec. 2023 (187.50). It may suggest that AA Tech SpA accelerated paying its suppliers.

AA Tech SpA Days Payable Historical Data

The historical data trend for AA Tech SpA'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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AA Tech SpA Days Payable Chart

AA Tech SpA Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

1,452.98

914.08

187.50

AA Tech SpA Semi-Annual Data
	Dec21	Dec22	Dec23
Days Payable	1,452.98	914.08	187.50

Competitive Comparison of AA Tech SpA's Days Payable

For the Software - Infrastructure subindustry, AA Tech SpA'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.

AA Tech SpA's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, AA Tech SpA's Days Payable distribution charts can be found below:

* The bar in red indicates where AA Tech SpA's Days Payable falls into.

AA Tech SpA 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.

AA Tech SpA'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
=	( (0.536	+	0.326)	/	2 )	/	0.839	*	365
=	0.431					/	0.839	*	365
=	187.50

AA Tech SpA'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: Dec. 2022 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.536	+	0.326)	/	2 )	/	0.839	*	365 / 2
=	0.431					/	0.839	*	365 / 2
=	93.75

AA Tech SpA Days Payable Related Terms

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AA Tech SpA (MIL:AAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AA Tech SpA (MIL:AAT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Giovanni Lanza 57, Fondi, ITA, 04022

Website

https://www.aatech.it

AA Tech SpA is an innovative venture tech builder in the digital sector, with the constant aim of identifying new technologies in the aforementioned sectors in Italy. In particular, the Company, through a process of continuous innovation, intends to seek innovative solutions that create new opportunities for generating value, with the intention, after their creation and validation, of making these companies autonomous. One of its subsidiaries Previon a Fintech company that provides open banking services for compulsory and complementary pension funds.