IVS Group (CHIX:IVSM) Days Payable : 147.66 (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is IVS Group Days Payable?

IVS Group's average Accounts Payable for the three months ended in Mar. 2024 was €133.8 Mil. IVS Group's Cost of Goods Sold for the three months ended in Mar. 2024 was €82.7 Mil. Hence, IVS Group's Days Payable for the three months ended in Mar. 2024 was 147.66.

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

CHIX:IVSm' s Days Payable Range Over the Past 10 Years
Min: 143.14 Med: 171.49 Max: 237.61
Current: 149.57

During the past 13 years, IVS Group's highest Days Payable was 237.61. The lowest was 143.14. And the median was 171.49.

CHIX:IVSm's Days Payable is ranked better than
86.69% of 1082 companies
in the Retail - Cyclical industry
Industry Median: 54.44 vs CHIX:IVSm: 149.57

IVS Group's Days Payable increased from Mar. 2023 (142.23) to Mar. 2024 (147.66). It may suggest that IVS Group delayed paying its suppliers.

IVS Group Days Payable Historical Data

The historical data trend for IVS Group'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.

* Premium members only.

IVS Group Days Payable Chart

IVS Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

170.57

224.16

237.61

174.57

143.14

IVS Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															142.23	144.53	164.73	144.39	147.66

Competitive Comparison of IVS Group's Days Payable

For the Specialty Retail subindustry, IVS Group'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.

IVS Group's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, IVS Group's Days Payable distribution charts can be found below:

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

IVS Group 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.

IVS Group'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
=	( (128.269	+	134.138)	/	2 )	/	334.568	*	365
=	131.2035					/	334.568	*	365
=	143.14

IVS Group's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (134.138	+	133.475)	/	2 )	/	82.691	*	365 / 4
=	133.8065					/	82.691	*	365 / 4
=	147.66

IVS Group Days Payable Related Terms

Thank you for viewing the detailed overview of IVS Group's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

IVS Group (CHIX:IVSM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » IVS Group SA (CHIX:IVSm) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

IVS:Italy

Address

Via dell`Artigianato, 25, Seriate, Bergamo, ITA, 24068

Website

https://www.ivsgroup.it

IVS Group SA is into vending machine business engaged in operating in four segments; Vending sector offers the sale and supply of goods, food, and beverages via automated and semiautomated vending machines, Reselling sector includes sales of vending machines and food to small companies operating in the vending business, Ho.Re.Ca sector comprises sales through the specific distribution channel of the hotel, and restaurant to companies selling food and beverages, and Coin sector comprises management of metallic money (coins) (collection, packaging, and delivery), e-money, and payment services businesses. The company derives a majority of its revenue from Italy.

IVS Group (CHIX:IVSM) Headlines

No Headlines