GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Defence Tech Holding SpA (MIL:DTH) » Definitions » Days Payable

Defence Tech Holding SpA (MIL:DTH) Days Payable : 55.77 (As of Jun. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Defence Tech Holding SpA Days Payable?

Defence Tech Holding SpA's average Accounts Payable for the six months ended in Jun. 2023 was €1.69 Mil. Defence Tech Holding SpA's Cost of Goods Sold for the six months ended in Jun. 2023 was €5.53 Mil. Hence, Defence Tech Holding SpA's Days Payable for the six months ended in Jun. 2023 was 55.77.

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

MIL:DTH' s Days Payable Range Over the Past 10 Years
Min: 34.2   Med: 43.29   Max: 261.89
Current: 41.66

During the past 4 years, Defence Tech Holding SpA's highest Days Payable was 261.89. The lowest was 34.20. And the median was 43.29.

MIL:DTH's Days Payable is ranked worse than
73.4% of 297 companies
in the Aerospace & Defense industry
Industry Median: 75.31 vs MIL:DTH: 41.66

Defence Tech Holding SpA's Days Payable increased from Jun. 2022 (28.52) to Jun. 2023 (55.77). It may suggest that Defence Tech Holding SpA delayed paying its suppliers.

Defence Tech Holding SpA Days Payable Historical Data

The historical data trend for Defence Tech Holding 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.

* Premium members only.

Defence Tech Holding SpA Days Payable Chart

Defence Tech Holding SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Days Payable
261.89 46.35 34.20 40.23

Defence Tech Holding SpA Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Days Payable Get a 7-Day Free Trial 27.11 29.31 28.52 35.61 55.77

Competitive Comparison of Defence Tech Holding SpA's Days Payable

For the Aerospace & Defense subindustry, Defence Tech Holding 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.

Defence Tech Holding SpA's Days Payable Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Defence Tech Holding SpA's Days Payable distribution charts can be found below:

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


Defence Tech Holding 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.

Defence Tech Holding SpA'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
=( (1.023 + 1.815) / 2 ) / 12.874*365
=1.419 / 12.874*365
=40.23

Defence Tech Holding SpA'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
=( (1.815 + 1.567) / 2 ) / 5.534*365 / 2
=1.691 / 5.534*365 / 2
=55.77

* 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.

Defence Tech Holding SpA Days Payable Related Terms

Thank you for viewing the detailed overview of Defence Tech Holding SpA's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Defence Tech Holding SpA (MIL:DTH) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Defence Tech Holding SpA (MIL:DTH) » Definitions » Days Payable
Comparable Companies
MIL:OS MIL:AVIO MIL:PAG RTX BA LMT XPAR:AIR NOC GD XPAR:SAF TDG LSE:BA. LHX XPAR:HO LSE:RR. HEI.A HWM SHSE:600760 SHSE:600150 XPAR:AM
Traded in Other Exchanges
65F:Germany
Address
Via Giacomo Peroni, 452, Rome, ITA, 00131
Website
https://www.defencetech.it
Defence Tech Holding SpA operates in the cyber security, big data, intelligence, space and national defense sectors through the design, construction and certification of information management systems.