BasicNet SpA (MIL:BAN) Days Payable : 157.46 (As of Dec. 2023)

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What is BasicNet SpA Days Payable?

BasicNet SpA's average Accounts Payable for the six months ended in Dec. 2023 was €89.1 Mil. BasicNet SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €103.2 Mil. Hence, BasicNet SpA's Days Payable for the six months ended in Dec. 2023 was 157.46.

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

MIL:BAN' s Days Payable Range Over the Past 10 Years
Min: 108.22 Med: 147.32 Max: 180.63
Current: 180.63

During the past 13 years, BasicNet SpA's highest Days Payable was 180.63. The lowest was 108.22. And the median was 147.32.

MIL:BAN's Days Payable is ranked better than
89.92% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 56.64 vs MIL:BAN: 180.63

BasicNet SpA's Days Payable declined from Dec. 2022 (168.08) to Dec. 2023 (157.46). It may suggest that BasicNet SpA accelerated paying its suppliers.

BasicNet SpA Days Payable Historical Data

The historical data trend for BasicNet 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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BasicNet SpA Days Payable Chart

BasicNet SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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108.22

147.03

155.58

161.26

172.40

BasicNet SpA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															135.50	202.16	168.08	218.23	157.46

Competitive Comparison of BasicNet SpA's Days Payable

For the Apparel Retail subindustry, BasicNet 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.

BasicNet SpA's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, BasicNet SpA's Days Payable distribution charts can be found below:

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

BasicNet 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.

BasicNet 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
=	( (100.074	+	76.959)	/	2 )	/	187.407	*	365
=	88.5165					/	187.407	*	365
=	172.40

BasicNet 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
=	( (101.203	+	76.959)	/	2 )	/	103.244	*	365 / 2
=	89.081					/	103.244	*	365 / 2
=	157.46

BasicNet SpA Days Payable Related Terms

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BasicNet SpA (MIL:BAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » BasicNet SpA (MIL:BAN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BCJ:Germany

Address

Largo Maurizio Vitale, 1, Torino, ITA, 10152

Website

http://www.basicnet.com

BasicNet SpA is an Italian company which is engaged in distribution and development of leisurewear and sportswear, footwear and accessories for various brands including Kappa, Robe di Kappa, Jesus Jeans, Lanzera, K-Way, Superga, AB Besson, Sabelt, and Briko. The company also develops service activities such as the creation of new software for the online management of all supply chain processes, product research, and development, communication and sourcing for the distribution of its products through a global network of independent licensees. Its business is divided into two segments namely Clothing, footwear and accessories, Property.

BasicNet SpA (MIL:BAN) Headlines

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