Biesse SpA (MIL:BSS) Days Payable : 183.91 (As of Jun. 2024)

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What is Biesse SpA Days Payable?

Biesse SpA's average Accounts Payable for the three months ended in Jun. 2024 was €161.8 Mil. Biesse SpA's Cost of Goods Sold for the three months ended in Jun. 2024 was €80.3 Mil. Hence, Biesse SpA's Days Payable for the three months ended in Jun. 2024 was 183.91.

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

MIL:BSS' s Days Payable Range Over the Past 10 Years
Min: 156 Med: 197.8 Max: 250.2
Current: 156

During the past 13 years, Biesse SpA's highest Days Payable was 250.20. The lowest was 156.00. And the median was 197.80.

MIL:BSS's Days Payable is ranked better than
78.83% of 2934 companies
in the Industrial Products industry
Industry Median: 75.85 vs MIL:BSS: 156.00

Biesse SpA's Days Payable increased from Jun. 2023 (179.78) to Jun. 2024 (183.91). It may suggest that Biesse SpA delayed paying its suppliers.

Biesse SpA Days Payable Historical Data

The historical data trend for Biesse 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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Biesse SpA Days Payable Chart

Biesse SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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171.20

182.06

168.62

181.30

159.98

Biesse SpA Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															202.29	109.19	183.63	183.91	190.61

Competitive Comparison of Biesse SpA's Days Payable

For the Specialty Industrial Machinery subindustry, Biesse 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.

Biesse SpA's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Biesse SpA's Days Payable distribution charts can be found below:

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

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Biesse 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.

Biesse 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
=	( (181.996	+	135.281)	/	2 )	/	361.932	*	365
=	158.6385					/	361.932	*	365
=	159.98

Biesse 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: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (167.892	+	155.746)	/	2 )	/	80.291	*	365 / 4
=	161.819					/	80.291	*	365 / 4
=	183.91

Biesse SpA Days Payable Related Terms

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Biesse SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Biesse SpA (MIL:BSS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0DUK:UK BI2:Germany

Address

Via della Meccanica, 16, Pesaro, ITA, 61122

Website

https://www.biesse.com

Biesse SpA operates in the market for machinery and systems for processing wood, glass, marble and stone. The group is organized into two operating segments being Machines and Systems in that it involves-production, distribution, installation, and after-sales service of wood, glass, stone, and advanced materials processing machines, grinders. Also it operates in Mechatronics which involves-production and distribution of industrial mechanical and electronic components. It generates maximum revenue from the Machines and Systems segment. Geographically, it derives a majority of revenue from Western Europe and also has a presence in Asia-Pacific; Eastern Europe; North America and the Rest of the World.

Biesse SpA Headlines

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