Carel Industries SpA (FRA:CIG) Days Payable : 92.77 (As of Dec. 2024)

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What is Carel Industries SpA Days Payable?

Carel Industries SpA's average Accounts Payable for the three months ended in Dec. 2024 was €59.4 Mil. Carel Industries SpA's Cost of Goods Sold for the three months ended in Dec. 2024 was €58.5 Mil. Hence, Carel Industries SpA's Days Payable for the three months ended in Dec. 2024 was 92.77.

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

FRA:CIG' s Days Payable Range Over the Past 10 Years
Min: 97.42 Med: 105.99 Max: 123.73
Current: 105.07

During the past 11 years, Carel Industries SpA's highest Days Payable was 123.73. The lowest was 97.42. And the median was 105.99.

FRA:CIG's Days Payable is ranked better than
71.82% of 2402 companies
in the Hardware industry
Industry Median: 68.825 vs FRA:CIG: 105.07

Carel Industries SpA's Days Payable declined from Dec. 2023 (101.20) to Dec. 2024 (92.77). It may suggest that Carel Industries SpA accelerated paying its suppliers.

Carel Industries SpA Days Payable Historical Data

The historical data trend for Carel Industries 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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Carel Industries SpA Days Payable Chart

Carel Industries SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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106.01

105.97

104.39

97.42

108.04

Carel Industries SpA Quarterly Data
	Dec17	Mar18	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															101.20	115.59	110.85	97.86	92.77

Competitive Comparison of Carel Industries SpA's Days Payable

For the Electronic Components subindustry, Carel Industries 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.

Carel Industries SpA's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Carel Industries SpA's Days Payable distribution charts can be found below:

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

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Carel Industries 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.

Carel Industries SpA's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (74.931	+	62.689)	/	2 )	/	232.464	*	365
=	68.81					/	232.464	*	365
=	108.04

Carel Industries SpA's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (56.185	+	62.689)	/	2 )	/	58.463	*	365 / 4
=	59.437					/	58.463	*	365 / 4
=	92.77

Carel Industries SpA Days Payable Related Terms

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Carel Industries SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Carel Industries SpA (FRA:CIG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CRL:Italy CRLm:UK 0YQA:UK

Address

Via Dell'Industria, 11, Brugine, Padova, ITA, 35020

Website

https://www.carel.com

Carel Industries SpA manufactures control systems and humidification for air conditioning and refrigeration. The group provides control solutions for the commercial, industrial and residential air-conditioning and refrigeration (HVAC/R) markets. Its operating geographical segments are Europe, the Middle East and Africa, North America, South America, and APAC. The company's industrial applications for the air-conditioning sector are designed for data centers. Its products include programmable controls, room terminals, Isothermal Humidifiers, Sensors and protection devices, Sensors and protection devices, and others.