Cloudia Research SpA (MIL:AGAIN) Days Payable : 35.17 (As of Jun. 2024)

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What is Cloudia Research SpA Days Payable?

Cloudia Research SpA's average Accounts Payable for the six months ended in Jun. 2024 was €0.58 Mil. Cloudia Research SpA's Cost of Goods Sold for the six months ended in Jun. 2024 was €3.03 Mil. Hence, Cloudia Research SpA's Days Payable for the six months ended in Jun. 2024 was 35.17.

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

MIL:AGAIN' s Days Payable Range Over the Past 10 Years
Min: 23.4 Med: 24.4 Max: 37.02
Current: 35.6

During the past 3 years, Cloudia Research SpA's highest Days Payable was 37.02. The lowest was 23.40. And the median was 24.40.

MIL:AGAIN's Days Payable is ranked worse than
60.81% of 2516 companies
in the Software industry
Industry Median: 50.345 vs MIL:AGAIN: 35.60

Cloudia Research SpA's Days Payable increased from Jun. 2023 (25.60) to Jun. 2024 (35.17). It may suggest that Cloudia Research SpA delayed paying its suppliers.

Cloudia Research SpA Days Payable Historical Data

The historical data trend for Cloudia Research 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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Cloudia Research SpA Days Payable Chart

Cloudia Research SpA Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

37.02

23.40

24.40

Cloudia Research SpA Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial			25.19	22.38	25.60	31.21	35.17

Competitive Comparison of Cloudia Research SpA's Days Payable

For the Information Technology Services subindustry, Cloudia Research 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.

Cloudia Research SpA's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Cloudia Research SpA's Days Payable distribution charts can be found below:

* The bar in red indicates where Cloudia Research SpA's Days Payable falls into.

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Cloudia Research 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.

Cloudia Research 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
=	( (0.253	+	0.402)	/	2 )	/	4.9	*	365
=	0.3275					/	4.9	*	365
=	24.40

Cloudia Research 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
=	( (0.402	+	0.764)	/	2 )	/	3.025	*	365 / 2
=	0.583					/	3.025	*	365 / 2
=	35.17

Cloudia Research SpA Days Payable Related Terms

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Cloudia Research SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cloudia Research SpA (MIL:AGAIN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Ettore Ciccotti 3, Milano, ITA, 20161

Website

https://www.cloudiaresearch.com

Cloudia Research SpA operates in the IT sector, providing services aimed at the digital transformation of business activity. It is engaged in digital transformation process, designing and providing innovative and customized solutions that allows to implement automated and interconnected IT management systems, which replace previous systems, improving operational efficiency and competitiveness.

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