VNE SpA (MIL:VNE) Days Payable : 144.62 (As of Dec. 2022)

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What is VNE SpA Days Payable?

VNE SpA's average Accounts Payable for the six months ended in Dec. 2022 was €3.99 Mil. VNE SpA's Cost of Goods Sold for the six months ended in Dec. 2022 was €10.08 Mil. Hence, VNE SpA's Days Payable for the six months ended in Dec. 2022 was 72.31.

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

MIL:VNE' s Days Payable Range Over the Past 10 Years
Min: 144.62 Med: 144.62 Max: 144.62
Current: 144.62

During the past 2 years, VNE SpA's highest Days Payable was 144.62. The lowest was 144.62. And the median was 144.62.

MIL:VNE's Days Payable is ranked better than
76.26% of 2936 companies
in the Industrial Products industry
Industry Median: 76.705 vs MIL:VNE: 144.62

VNE SpA's Days Payable increased from . 20 (0.00) to Dec. 2022 (144.62). It may suggest that VNE SpA delayed paying its suppliers.

VNE SpA Days Payable Historical Data

The historical data trend for VNE 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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VNE SpA Days Payable Chart

VNE SpA Annual Data

Trend

Dec21

Dec22

Days Payable

144.62

VNE SpA Semi-Annual Data
	Dec21	Dec22
Days Payable	-	144.62

Competitive Comparison of VNE SpA's Days Payable

For the Specialty Industrial Machinery subindustry, VNE 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.

VNE SpA's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, VNE SpA's Days Payable distribution charts can be found below:

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

VNE 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.

VNE 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
=	( (3.497	+	4.487)	/	2 )	/	10.075	*	365
=	3.992					/	10.075	*	365
=	144.62

VNE SpA's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

	Days Payable (Q: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2021 )	+	Accounts Payable (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (3.497	+	4.487)	/	2 )	/	10.075	*	365 / 2
=	3.992					/	10.075	*	365 / 2
=	72.31

VNE SpA Days Payable Related Terms

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VNE SpA (MIL:VNE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » VNE SpA (MIL:VNE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Biagioni, 371 loc. Querceta, Seravezza (Lu), ITA, 55047

Website

https://www.vne.it

VNE SpA produces hardware and software for the management of banknotes, coins and more generally payments and transactions through cash and cashless systems, offering a wide range of customized products and boasting a production of over 7,000 machines a year. It creates, samples and produces all its appliances internally. The company offers consulting and commercial assistance all over the world through a stable and efficient operating network; moreover, it guarantees qualified and immediate maintenance and technical assistance anywhere on every type of machine. The main markets where the company operates internationally are gambling, retail & vending, casino & ticket and wherever there is a need to manage payments or automated transactions.