Equita Group SpA (CHIX:EQUIM) Days Payable : 342.11 (As of Sep. 2023)

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What is Equita Group SpA Days Payable?

Equita Group SpA's average Accounts Payable for the three months ended in Sep. 2023 was €59.92 Mil. Equita Group SpA's Cost of Goods Sold for the three months ended in Sep. 2023 was €15.98 Mil. Hence, Equita Group SpA's Days Payable for the three months ended in Sep. 2023 was 342.11.

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

CHIX:EQUIm' s Days Payable Range Over the Past 10 Years
Min: 147.85 Med: 168.41 Max: 510.2
Current: 510.2

During the past 8 years, Equita Group SpA's highest Days Payable was 510.20. The lowest was 147.85. And the median was 168.41.

CHIX:EQUIm's Days Payable is ranked better than
71.56% of 524 companies
in the Capital Markets industry
Industry Median: 98.105 vs CHIX:EQUIm: 510.20

Equita Group SpA's Days Payable declined from Sep. 2022 (497.07) to Sep. 2023 (342.11). It may suggest that Equita Group SpA accelerated paying its suppliers.

Equita Group SpA Days Payable Historical Data

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

Equita Group SpA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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163.43

168.41

189.40

453.90

509.03

Equita Group SpA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															-	499.51	712.11	342.11	-

Competitive Comparison of Equita Group SpA's Days Payable

For the Capital Markets subindustry, Equita 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.

Equita Group SpA's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Equita Group SpA's Days Payable distribution charts can be found below:

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

Equita 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.

Equita Group 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
=	( (22.381	+	59.646)	/	2 )	/	32.981	*	365
=	41.0135					/	32.981	*	365
=	453.90

Equita Group SpA's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (59.919	+	0)	/	1 )	/	15.982	*	365 / 4
=	59.919					/	15.982	*	365 / 4
=	342.11

Equita Group SpA Days Payable Related Terms

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Equita Group SpA (CHIX:EQUIM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Equita Group SpA (CHIX:EQUIm) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

EQUI:Italy

Address

Via Filippo Turati, 9, Milano, ITA, 20121

Website

https://www.equita.eu

Equita Group SpA is an Italy-based independent advisory and capital market company. It operates through four businesses. The sales and trading business line render proprietary trading services mainly to banks, insurance and asset management companies, retirement funds and other market operators. Its proprietary trading business administers trading activities such as risk arbitrage and special situations, market maker, specialist, brokerage and directional trading. The investment banking business offers advisory services to mid-cap companies. Its alternative asset management business provides services to third-party portfolio management.

Equita Group SpA (CHIX:EQUIM) Headlines

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