SG Co SpA (MIL:SGC) Days Payable : 59.89 (As of Dec. 2023)

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What is SG Co SpA Days Payable?

SG Co SpA's average Accounts Payable for the six months ended in Dec. 2023 was €4.69 Mil. SG Co SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €14.29 Mil. Hence, SG Co SpA's Days Payable for the six months ended in Dec. 2023 was 59.89.

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

MIL:SGC' s Days Payable Range Over the Past 10 Years
Min: 55.69 Med: 66.98 Max: 148.12
Current: 60.13

During the past 8 years, SG Co SpA's highest Days Payable was 148.12. The lowest was 55.69. And the median was 66.98.

MIL:SGC's Days Payable is ranked better than
58.81% of 925 companies
in the Business Services industry
Industry Median: 47.75 vs MIL:SGC: 60.13

SG Co SpA's Days Payable increased from Dec. 2022 (52.43) to Dec. 2023 (59.89). It may suggest that SG Co SpA delayed paying its suppliers.

SG Co SpA Days Payable Historical Data

The historical data trend for SG Co 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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SG Co SpA Days Payable Chart

SG Co SpA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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72.34

148.12

109.34

66.90

63.89

SG Co SpA Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial										84.03	85.09	52.43	55.63	59.89

Competitive Comparison of SG Co SpA's Days Payable

For the Specialty Business Services subindustry, SG Co 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.

SG Co SpA's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, SG Co SpA's Days Payable distribution charts can be found below:

* The bar in red indicates where SG Co SpA's Days Payable falls into.

SG Co 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.

SG Co 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
=	( (2.145	+	6.019)	/	2 )	/	23.319	*	365
=	4.082					/	23.319	*	365
=	63.89

SG Co 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
=	( (3.36	+	6.019)	/	2 )	/	14.289	*	365 / 2
=	4.6895					/	14.289	*	365 / 2
=	59.89

SG Co SpA Days Payable Related Terms

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SG Co SpA (MIL:SGC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SG Co SpA (MIL:SGC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Piazza Guglielmo Oberdan 2/a, Milan, ITA, 20129

Website

http://www.sg-company.it

SG Co SpA is a business service provider. The company provides offers services in the communication industry which include live and digital communication. The group enables event production M.I.C.E. (meetings, incentives, conferences, and exhibitions), corporate e-digital advertising, video and audio production, motion graphic e-sound design, shopper, and brand activation, and street and customer marketing.