GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Gambero Rosso SpA (MIL:GAMB) » Definitions » Days Payable

Gambero Rosso SpA (MIL:GAMB) Days Payable : 169.32 (As of Dec. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Gambero Rosso SpA Days Payable?

Gambero Rosso SpA's average Accounts Payable for the six months ended in Dec. 2023 was €4.36 Mil. Gambero Rosso SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €4.70 Mil. Hence, Gambero Rosso SpA's Days Payable for the six months ended in Dec. 2023 was 169.32.

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

MIL:GAMB' s Days Payable Range Over the Past 10 Years
Min: 173.05   Med: 245.68   Max: 334.74
Current: 173.05

During the past 10 years, Gambero Rosso SpA's highest Days Payable was 334.74. The lowest was 173.05. And the median was 245.68.

MIL:GAMB's Days Payable is ranked better than
73.65% of 926 companies
in the Media - Diversified industry
Industry Median: 79.395 vs MIL:GAMB: 173.05

Gambero Rosso SpA's Days Payable declined from Dec. 2022 (177.91) to Dec. 2023 (169.32). It may suggest that Gambero Rosso SpA accelerated paying its suppliers.


Gambero Rosso SpA Days Payable Historical Data

The historical data trend for Gambero Rosso 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.

Gambero Rosso SpA Days Payable Chart

Gambero Rosso SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 226.80 270.12 263.01 191.98 176.93

Gambero Rosso SpA Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 179.40 190.82 177.91 172.86 169.32

Competitive Comparison of Gambero Rosso SpA's Days Payable

For the Publishing subindustry, Gambero Rosso 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.


Gambero Rosso SpA's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Gambero Rosso SpA's Days Payable distribution charts can be found below:

* The bar in red indicates where Gambero Rosso SpA's Days Payable falls into.



Gambero Rosso 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.

Gambero Rosso 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
=( (4.8 + 4.419) / 2 ) / 9.509*365
=4.6095 / 9.509*365
=176.93

Gambero Rosso 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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (4.306 + 4.419) / 2 ) / 4.702*365 / 2
=4.3625 / 4.702*365 / 2
=169.32

* 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.


Gambero Rosso SpA Days Payable Related Terms

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


Gambero Rosso SpA (MIL:GAMB) Business Description

Traded in Other Exchanges
N/A
Address
Via Ottavio Gasparri, 13/17, Roma, ITA, 00152
Gambero Rosso SpA is an Italian publishing group. It operates in two operating segments: Food and wine, Publishing. The company publishes monthly magazines, the weekly Tre Bicchieri and the programs of Gambero Rosso Channel. Whereas in Food and wine, it operates in variety of courses.