Vincenzo Zucchi SpA (LTS:0DFF) Days Payable: 516.48 (As of Sep. 2024)


LTS:0DFF Vincenzo Zucchi SpA LTS:0DFF
4 GF Score
Price €1.84
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What is Vincenzo Zucchi SpA Days Payable?

Vincenzo Zucchi SpA LTS:0DFF 4 Days Payable is 516.48 as of Sep. 2024. GuruFocus rates LTS:0DFF with a GF Score™ of 4/100.

Vincenzo Zucchi SpA's average Accounts Payable for the three months ended in Sep. 2024 was €41.58 Mil. Vincenzo Zucchi SpA's Cost of Goods Sold for the three months ended in Sep. 2024 was €7.35 Mil. Hence, Vincenzo Zucchi SpA's Days Payable for the three months ended in Sep. 2024 was 516.48.

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

LTS:0DFF's Days Payable is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 54.045
* Ranked among companies with meaningful Days Payable only.

Vincenzo Zucchi SpA's Days Payable increased from Sep. 2023 (211.05) to Sep. 2024 (516.48). It may suggest that Vincenzo Zucchi SpA delayed paying its suppliers.

Vincenzo Zucchi SpA Days Payable Historical Data

* Premium members only.

The historical data trend for Vincenzo Zucchi 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.

Vincenzo Zucchi SpA Days Payable Chart

Vincenzo Zucchi SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 219.59 186.30 180.74 144.44 354.63

Vincenzo Zucchi SpA Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 201.47 257.61 505.75 516.48 415.84

LTS:0DFF vs AIN: Days Payable Comparison

For the Textile Manufacturing subindustry, Vincenzo Zucchi 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.

Vincenzo Zucchi SpA Days Payable vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vincenzo Zucchi SpA's Days Payable distribution charts can be found below:

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


LTS:0DFF
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Vincenzo Zucchi SpA LTS:0DFF
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Vincenzo Zucchi 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.

Vincenzo Zucchi 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
=( (24.536 + 22.94) / 2 ) / 59.988*365
=23.738 / 59.988*365
=144.44

Vincenzo Zucchi SpA's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (39.35 + 43.819) / 2 ) / 7.347*365 / 4
=41.5845 / 7.347*365 / 4
=516.48

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 516.48 mean?
Vincenzo Zucchi SpA (LTS:0DFF) has a Days Payable of 516.48 as of Sep. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Vincenzo Zucchi SpA and its competitors.
Is Vincenzo Zucchi SpA's Days Payable too high?
Vincenzo Zucchi SpA's current Days Payable is 516.48. The Manufacturing - Apparel & Accessories industry median Days Payable is 54.05. Vincenzo Zucchi SpA's value of 516.48 is 855.6% above this industry median. Overall, Vincenzo Zucchi SpA has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Vincenzo Zucchi SpA's Days Payable compare to AIN?
Vincenzo Zucchi SpA's Days Payable of 516.48 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Days Payable is 54.05. Vincenzo Zucchi SpA's value of 516.48 is 855.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Manufacturing - Apparel & Accessories company?
The median Days Payable among Manufacturing - Apparel & Accessories companies is 54.05, based on 1,016 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vincenzo Zucchi SpA's current Days Payable of 516.48 is 855.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Vincenzo Zucchi SpA and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Payable is 54.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vincenzo Zucchi SpA's current Days Payable is 516.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vincenzo Zucchi SpA stock overvalued right now?
Vincenzo Zucchi SpA (LTS:0DFF) has a current Days Payable of 516.48. The current Days Payable is 516.48 and 855.6% above the Manufacturing - Apparel & Accessories industry median of 54.05. Vincenzo Zucchi SpA's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Vincenzo Zucchi SpA (LTS:0DFF), the current Days Payable is 516.48 as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Vincenzo Zucchi SpA Business Description

Address Via Legnano, 24, Rescaldina, Milan, ITA, 20027
Vincenzo Zucchi SpA is an Italy-based company and through its subsidiaries is engaged in the manufacturing and marketing of household items. The company offers products for the bedroom, furniture, bathroom, Beach, kitchen, and table.
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