Safilo Group SpA (Safilo Group SpA) Days Payable : 146.44 (As of Dec. 2023)

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What is Safilo Group SpA Days Payable?

Safilo Group SpA's average Accounts Payable for the six months ended in Dec. 2023 was $182 Mil. Safilo Group SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was $226 Mil. Hence, Safilo Group SpA's Days Payable for the six months ended in Dec. 2023 was 146.44.

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

SAFLY' s Days Payable Range Over the Past 10 Years
Min: 135.8 Med: 151.86 Max: 164.88
Current: 142.64

During the past 13 years, Safilo Group SpA's highest Days Payable was 164.88. The lowest was 135.80. And the median was 151.86.

SAFLY's Days Payable is ranked better than
75.29% of 789 companies
in the Medical Devices & Instruments industry
Industry Median: 72.79 vs SAFLY: 142.64

Safilo Group SpA's Days Payable declined from Dec. 2022 (153.84) to Dec. 2023 (146.44). It may suggest that Safilo Group SpA accelerated paying its suppliers.

Safilo Group SpA Days Payable Historical Data

The historical data trend for Safilo Group 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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Safilo Group SpA Days Payable Chart

Safilo Group SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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137.41

148.32

151.51

147.23

144.52

Safilo Group SpA Semi-Annual Data
	Jun14	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															175.77	147.53	153.84	133.42	146.44

Competitive Comparison of Safilo Group SpA's Days Payable

For the Medical Instruments & Supplies subindustry, Safilo Group 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.

Safilo Group SpA's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Safilo Group SpA's Days Payable distribution charts can be found below:

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

Safilo Group 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.

Safilo Group 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
=	( (191.421	+	187.685)	/	2 )	/	478.731	*	365
=	189.553					/	478.731	*	365
=	144.52

Safilo Group 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
=	( (175.362	+	187.685)	/	2 )	/	226.228	*	365 / 2
=	181.5235					/	226.228	*	365 / 2
=	146.44

Safilo Group SpA Days Payable Related Terms

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Safilo Group SpA (Safilo Group SpA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Safilo Group SpA (OTCPK:SAFLY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SAFLF:USA SFL:Italy 0NJ5:UK S5U5:Germany

Address

Settima Strada, 15, Padua, ITA, 35129

Website

https://www.safilogroup.com

Safilo Group SpA makes sunglasses and prescription eyewear. It is engaged in design, production, and wholesale distribution of its products through a network of independent distributors and commercial subsidiaries. Its products are sold through the Carrera, Smith, Polaroid and Oxydo brands, as well as a range of other licensed brands. The company operates solely through the wholesale segment channels and divides itself into the following four geographical segments: Italy, Europe, America, and Asia. The company earns most of its revenue from the America business segment.

Safilo Group SpA (Safilo Group SpA) Headlines

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