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A.b.p. Nocivelli SpA (FRA:9UZ) Days Payable : 40.94 (As of Dec. 2023)


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What is A.b.p. Nocivelli SpA Days Payable?

A.b.p. Nocivelli SpA's average Accounts Payable for the six months ended in Dec. 2023 was €6.30 Mil. A.b.p. Nocivelli SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €28.08 Mil. Hence, A.b.p. Nocivelli SpA's Days Payable for the six months ended in Dec. 2023 was 40.94.

The historical rank and industry rank for A.b.p. Nocivelli SpA's Days Payable or its related term are showing as below:

FRA:9UZ' s Days Payable Range Over the Past 10 Years
Min: 32.61   Med: 46.7   Max: 138.39
Current: 43.49

During the past 5 years, A.b.p. Nocivelli SpA's highest Days Payable was 138.39. The lowest was 32.61. And the median was 46.70.

FRA:9UZ's Days Payable is ranked worse than
62.93% of 901 companies
in the Oil & Gas industry
Industry Median: 60.98 vs FRA:9UZ: 43.49

A.b.p. Nocivelli SpA's Days Payable increased from Dec. 2022 (38.00) to Dec. 2023 (40.94). It may suggest that A.b.p. Nocivelli SpA delayed paying its suppliers.


A.b.p. Nocivelli SpA Days Payable Historical Data

The historical data trend for A.b.p. Nocivelli 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.

* Premium members only.

A.b.p. Nocivelli SpA Days Payable Chart

A.b.p. Nocivelli SpA Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
138.39 36.47 46.70 64.79 32.61

A.b.p. Nocivelli SpA Semi-Annual Data
Jun19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only 73.25 65.00 38.00 37.73 40.94

Competitive Comparison of A.b.p. Nocivelli SpA's Days Payable

For the Oil & Gas Refining & Marketing subindustry, A.b.p. Nocivelli 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.


A.b.p. Nocivelli SpA's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, A.b.p. Nocivelli SpA's Days Payable distribution charts can be found below:

* The bar in red indicates where A.b.p. Nocivelli SpA's Days Payable falls into.



A.b.p. Nocivelli 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.

A.b.p. Nocivelli SpA's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (6.126 + 4.009) / 2 ) / 56.724*365
=5.0675 / 56.724*365
=32.61

A.b.p. Nocivelli 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
=( (4.009 + 8.586) / 2 ) / 28.075*365 / 2
=6.2975 / 28.075*365 / 2
=40.94

* 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.


A.b.p. Nocivelli SpA Days Payable Related Terms

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A.b.p. Nocivelli SpA (FRA:9UZ) Business Description

Traded in Other Exchanges
Address
Via Padana Superiore 67, Castegnato, ITA, 25045
A.b.p. Nocivelli SpA is engaged in the trading of petroleum products and lubricants. It offers storage, distribution, and customer services. Additionally, the firm provides Facility Management services.

A.b.p. Nocivelli SpA (FRA:9UZ) Headlines

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