Masi Agricola SpA (MIL:MASI) Days Payable : 103.13 (As of Jun. 2023)

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What is Masi Agricola SpA Days Payable?

Masi Agricola SpA's average Accounts Payable for the six months ended in Jun. 2023 was €11.89 Mil. Masi Agricola SpA's Cost of Goods Sold for the six months ended in Jun. 2023 was €21.04 Mil. Hence, Masi Agricola SpA's Days Payable for the six months ended in Jun. 2023 was 103.13.

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

MIL:MASI' s Days Payable Range Over the Past 10 Years
Min: 72.75 Med: 83.07 Max: 148.52
Current: 90.5

During the past 10 years, Masi Agricola SpA's highest Days Payable was 148.52. The lowest was 72.75. And the median was 83.07.

MIL:MASI's Days Payable is ranked better than
55.67% of 203 companies
in the Beverages - Alcoholic industry
Industry Median: 80.27 vs MIL:MASI: 90.50

Masi Agricola SpA's Days Payable declined from Jun. 2022 (114.80) to Jun. 2023 (103.13). It may suggest that Masi Agricola SpA accelerated paying its suppliers.

Masi Agricola SpA Days Payable Historical Data

The historical data trend for Masi Agricola 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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Masi Agricola SpA Days Payable Chart

Masi Agricola SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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82.47

98.83

99.45

95.55

94.83

Masi Agricola 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														85.51	114.80	96.46	103.13	77.39

Competitive Comparison of Masi Agricola SpA's Days Payable

For the Beverages - Wineries & Distilleries subindustry, Masi Agricola 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.

Masi Agricola SpA's Days Payable Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Masi Agricola SpA's Days Payable distribution charts can be found below:

* The bar in red indicates where Masi Agricola SpA's Days Payable falls into.

Masi Agricola 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.

Masi Agricola 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
=	( (13.903	+	12.681)	/	2 )	/	50.775	*	365
=	13.292					/	50.775	*	365
=	95.55

Masi Agricola 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
=	( (12.681	+	11.097)	/	2 )	/	21.039	*	365 / 2
=	11.889					/	21.039	*	365 / 2
=	103.13

Masi Agricola SpA Days Payable Related Terms

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