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Aton Green Storage SpA (FRA:6E6) Days Payable : 151.38 (As of Jun. 2024)


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What is Aton Green Storage SpA Days Payable?

Aton Green Storage SpA's average Accounts Payable for the six months ended in Jun. 2024 was €3.85 Mil. Aton Green Storage SpA's Cost of Goods Sold for the six months ended in Jun. 2024 was €4.64 Mil. Hence, Aton Green Storage SpA's Days Payable for the six months ended in Jun. 2024 was 151.38.

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

FRA:6E6' s Days Payable Range Over the Past 10 Years
Min: 41.88   Med: 62.04   Max: 142.5
Current: 65.95

During the past 6 years, Aton Green Storage SpA's highest Days Payable was 142.50. The lowest was 41.88. And the median was 62.04.

FRA:6E6's Days Payable is ranked worse than
57.49% of 2929 companies
in the Industrial Products industry
Industry Median: 75.78 vs FRA:6E6: 65.95

Aton Green Storage SpA's Days Payable increased from Jun. 2023 (19.46) to Jun. 2024 (151.38). It may suggest that Aton Green Storage SpA delayed paying its suppliers.


Aton Green Storage SpA Days Payable Historical Data

The historical data trend for Aton Green Storage 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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Aton Green Storage SpA Days Payable Chart

Aton Green Storage SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 47.39 70.11 69.36 41.88 54.71

Aton Green Storage SpA Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 60.84 48.91 19.46 38.99 151.38

Competitive Comparison of Aton Green Storage SpA's Days Payable

For the Electrical Equipment & Parts subindustry, Aton Green Storage 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.


Aton Green Storage SpA's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Aton Green Storage SpA's Days Payable distribution charts can be found below:

* The bar in red indicates where Aton Green Storage SpA's Days Payable falls into.



Aton Green Storage 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.

Aton Green Storage 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
=( (2.978 + 4.087) / 2 ) / 23.569*365
=3.5325 / 23.569*365
=54.71

Aton Green Storage SpA's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (4.087 + 3.617) / 2 ) / 4.644*365 / 2
=3.852 / 4.644*365 / 2
=151.38

* 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.


Aton Green Storage SpA Days Payable Related Terms

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Aton Green Storage SpA Business Description

Traded in Other Exchanges
Address
Via Guido Rossa, 5, Spilamberto, Modena, ITA, 41057
Aton Green Storage SpA is an Italian company in the market for the engineering and production of storage systems for photovoltaic systems - Battery Energy Storage System. Its products include RA. Store-K, RA.Store-3, Zon.IS, G.Store, H.Store, Z.Store for new and existing plants; and Axis.T. for electric vehicle charging.

Aton Green Storage SpA Headlines

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