Parmalat SpA (Parmalat SpA) Days Payable : 64.16 (As of Jun. 2018)

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What is Parmalat SpA Days Payable?

Parmalat SpA's average Accounts Payable for the six months ended in Jun. 2018 was $1,010 Mil. Parmalat SpA's Cost of Goods Sold for the six months ended in Jun. 2018 was $2,873 Mil. Hence, Parmalat SpA's Days Payable for the six months ended in Jun. 2018 was 64.16.

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

PMLAY' s Days Payable Range Over the Past 10 Years
Min: 48.76 Med: 55.57 Max: 64.48
Current: 57.88

During the past 13 years, Parmalat SpA's highest Days Payable was 64.48. The lowest was 48.76. And the median was 55.57.

PMLAY's Days Payable is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 46.18 vs PMLAY: 57.88

Parmalat SpA's Days Payable increased from Jun. 2017 (58.89) to Jun. 2018 (64.16). It may suggest that Parmalat SpA delayed paying its suppliers.

Parmalat SpA Days Payable Historical Data

The historical data trend for Parmalat 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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Parmalat SpA Days Payable Chart

Parmalat SpA Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Days Payable

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50.31

52.20

51.45

59.10

57.99

Parmalat SpA Semi-Annual Data
	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18
Days Payable	Get a 7-Day Free Trial															55.88	55.23	58.89	55.44	64.16

Competitive Comparison of Parmalat SpA's Days Payable

For the Packaged Foods subindustry, Parmalat 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.

Parmalat SpA's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Parmalat SpA's Days Payable distribution charts can be found below:

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

Parmalat 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.

Parmalat SpA's Days Payable for the fiscal year that ended in Dec. 2017 is calculated as

	Days Payable (A: Dec. 2017 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2016 )	+	Accounts Payable (A: Dec. 2017 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2017 )	*	Days in Period
=	( (986.92	+	1051.834)	/	2 )	/	6416.45	*	365
=	1019.377					/	6416.45	*	365
=	57.99

Parmalat SpA's Days Payable for the quarter that ended in Jun. 2018 is calculated as:

	Days Payable (Q: Jun. 2018 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2017 )	+	Accounts Payable (Q: Jun. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2018 )	*	Days in Period
=	( (1051.834	+	968.224)	/	2 )	/	2872.78	*	365 / 2
=	1010.029					/	2872.78	*	365 / 2
=	64.16

Parmalat SpA Days Payable Related Terms

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Parmalat SpA (Parmalat SpA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Parmalat SpA (GREY:PMLAY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via delle Nazioni Unite 4, Collecchio, ITA, 43044

Website

http://www.parmalat.com

Parmalat SpA primarily produces, markets, and distributes milk products and fruit-based drinks under a number of brand names such as Bern, Lactis, Gold, and Solac. The company's products are categorised into milk products such as fresh milk, milk powders, condensed milk and cream; cheese and other fresh products such as yogurt, desserts, and butter; and fruit beverages such as juices, nectars, and tea. The milk sales contribute the majority of the total revenue. Parmalat has operations throughout the world with five geographic operating segments: Europe, North America, Latin America, Africa, and Oceania. Among all the countries in which the firm operates, Italy contributes the vast majority of total sales.

Parmalat SpA (Parmalat SpA) Headlines

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