CrowdFundMe SpA (MIL:CFM) Days Payable : 82.31 (As of Jun. 2024)

View and export this data going back to 2019. Start your Free Trial

What is CrowdFundMe SpA Days Payable?

CrowdFundMe SpA's average Accounts Payable for the six months ended in Jun. 2024 was €0.35 Mil. CrowdFundMe SpA's Cost of Goods Sold for the six months ended in Jun. 2024 was €0.79 Mil. Hence, CrowdFundMe SpA's Days Payable for the six months ended in Jun. 2024 was 82.31.

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

MIL:CFM' s Days Payable Range Over the Past 10 Years
Min: 79.27 Med: 111.34 Max: 190.25
Current: 79.27

During the past 7 years, CrowdFundMe SpA's highest Days Payable was 190.25. The lowest was 79.27. And the median was 111.34.

MIL:CFM's Days Payable is ranked better than
54.27% of 457 companies
in the Asset Management industry
Industry Median: 72.35 vs MIL:CFM: 79.27

CrowdFundMe SpA's Days Payable declined from Jun. 2023 (84.22) to Jun. 2024 (82.31). It may suggest that CrowdFundMe SpA accelerated paying its suppliers.

CrowdFundMe SpA Days Payable Historical Data

The historical data trend for CrowdFundMe 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.

* Premium members only.

CrowdFundMe SpA Days Payable Chart

CrowdFundMe SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

111.34

86.39

94.36

115.98

89.86

CrowdFundMe SpA Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial									74.73	101.86	84.22	80.91	82.31

Competitive Comparison of CrowdFundMe SpA's Days Payable

For the Asset Management subindustry, CrowdFundMe 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.

CrowdFundMe SpA's Days Payable Distribution in the Asset Management Industry

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

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

CrowdFundMe 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.

CrowdFundMe 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
=	( (0.417	+	0.39)	/	2 )	/	1.639	*	365
=	0.4035					/	1.639	*	365
=	89.86

CrowdFundMe 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
=	( (0.39	+	0.319)	/	2 )	/	0.786	*	365 / 2
=	0.3545					/	0.786	*	365 / 2
=	82.31

CrowdFundMe SpA Days Payable Related Terms

Thank you for viewing the detailed overview of CrowdFundMe SpA's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

CrowdFundMe SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » CrowdFundMe SpA (MIL:CFM) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Legnano 28, Milano, ITA, 20121

Website

https://www.crowdfundme.it

CrowdFundMe SpA is an equity crowdfunding portal that supports companies, supporting both the investor and the entrepreneur with all the tools and guarantees necessary to promote the success of the proposed projects.

CrowdFundMe SpA Headlines

No Headlines