Abc Co SpA (MIL:ABC) Days Payable : 155.90 (As of Dec. 2023)

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What is Abc Co SpA Days Payable?

Abc Co SpA's average Accounts Payable for the six months ended in Dec. 2023 was €0.17 Mil. Abc Co SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €0.20 Mil. Hence, Abc Co SpA's Days Payable for the six months ended in Dec. 2023 was 155.90.

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

MIL:ABC' s Days Payable Range Over the Past 10 Years
Min: 75.38 Med: 331.24 Max: 7339
Current: 76.51

During the past 12 years, Abc Co SpA's highest Days Payable was 7339.00. The lowest was 75.38. And the median was 331.24.

MIL:ABC's Days Payable is ranked better than
52.85% of 456 companies
in the Asset Management industry
Industry Median: 72.135 vs MIL:ABC: 76.51

Abc Co SpA's Days Payable declined from Jun. 2021 (288.16) to Dec. 2023 (155.90). It may suggest that Abc Co SpA accelerated paying its suppliers.

Abc Co SpA Days Payable Historical Data

The historical data trend for Abc Co 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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Abc Co SpA Days Payable Chart

Abc Co SpA Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec22

Dec23

Days Payable

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75.38

1,651.44

169.46

78.00

Abc Co SpA Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial															338.93	288.16	47.10	155.90	40.85

Competitive Comparison of Abc Co SpA's Days Payable

For the Asset Management subindustry, Abc Co 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.

Abc Co SpA's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Abc Co SpA's Days Payable distribution charts can be found below:

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

Abc Co 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.

Abc Co 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
=	( (0.172	+	0.137)	/	2 )	/	0.723	*	365
=	0.1545					/	0.723	*	365
=	78.00

Abc Co 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
=	( (0.203	+	0.137)	/	2 )	/	0.199	*	365 / 2
=	0.17					/	0.199	*	365 / 2
=	155.90

Abc Co SpA Days Payable Related Terms

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Abc Co SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Abc Co SpA (MIL:ABC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Aldo Moro, 3/A, Biella, ITA, 13900

Website

http://www.compagniadellaruota.com

Abc Co SpA is a capital vehicle and a benefit company that deals with the serial launch of listed and unlisted financial vehicles or instruments, to carry out business combinations with targets that reflect pre-established criteria and metrics as well as investing directly in listed companies, quotande or private deals.

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