Maire SpA (CHIX:MAIREM) Days Payable : 242.42 (As of Mar. 2024)

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What is Maire SpA Days Payable?

Maire SpA's average Accounts Payable for the three months ended in Mar. 2024 was €2,653 Mil. Maire SpA's Cost of Goods Sold for the three months ended in Mar. 2024 was €999 Mil. Hence, Maire SpA's Days Payable for the three months ended in Mar. 2024 was 242.42.

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

CHIX:MAIREm' s Days Payable Range Over the Past 10 Years
Min: 154.04 Med: 237.52 Max: 331.18
Current: 269.5

During the past 13 years, Maire SpA's highest Days Payable was 331.18. The lowest was 154.04. And the median was 237.52.

CHIX:MAIREm's Days Payable is ranked better than
87.85% of 1605 companies
in the Construction industry
Industry Median: 73.78 vs CHIX:MAIREm: 269.50

Maire SpA's Days Payable declined from Mar. 2023 (302.93) to Mar. 2024 (242.42). It may suggest that Maire SpA accelerated paying its suppliers.

Maire SpA Days Payable Historical Data

The historical data trend for Maire 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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Maire SpA Days Payable Chart

Maire SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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245.29

331.18

298.87

289.01

274.59

Maire SpA 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															302.93	308.98	270.52	266.45	242.42

Competitive Comparison of Maire SpA's Days Payable

For the Engineering & Construction subindustry, Maire 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.

Maire SpA's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Maire SpA's Days Payable distribution charts can be found below:

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

Maire 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.

Maire 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
=	( (2295.802	+	2625.845)	/	2 )	/	3271.039	*	365
=	2460.8235					/	3271.039	*	365
=	274.59

Maire SpA'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
=	( (2625.845	+	2680.657)	/	2 )	/	998.713	*	365 / 4
=	2653.251					/	998.713	*	365 / 4
=	242.42

Maire SpA Days Payable Related Terms

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Maire SpA (CHIX:MAIREM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Maire SpA (CHIX:MAIREm) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MAIRE:Italy 0QEP:UK 3OY1:Germany

Address

Via Gaetano De Castillia 6A, Milan, ITA, 20124

Website

https://www.mairetecnimont.com

Maire Tecnimont SpA is an Italy-based company that provides engineering and construction services and products through its subsidiary. The company operates through two segments. The Hydrocarbons business unit segment designs and constructs plants, for the natural gas chain involving separation, treatment, liquefaction, transport, storage, regasification and compression, and pumping stations. The Green Energy business unit segment is involved in undertaking mechanical plastics recycling and the promotion of recycled chemicals.

Maire SpA (CHIX:MAIREM) Headlines

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