Davide Campari-Milano NV (MIL:CPR) Days Payable : 148.46 (As of Dec. 2023)

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What is Davide Campari-Milano NV Days Payable?

Davide Campari-Milano NV's average Accounts Payable for the three months ended in Dec. 2023 was €521 Mil. Davide Campari-Milano NV's Cost of Goods Sold for the three months ended in Dec. 2023 was €320 Mil. Hence, Davide Campari-Milano NV's Days Payable for the three months ended in Dec. 2023 was 148.46.

The historical rank and industry rank for Davide Campari-Milano NV's Days Payable or its related term are showing as below:

MIL:CPR' s Days Payable Range Over the Past 10 Years
Min: 105.57 Med: 119.1 Max: 160.98
Current: 160.98

During the past 13 years, Davide Campari-Milano NV's highest Days Payable was 160.98. The lowest was 105.57. And the median was 119.10.

MIL:CPR's Days Payable is ranked better than
77.23% of 202 companies
in the Beverages - Alcoholic industry
Industry Median: 80.705 vs MIL:CPR: 160.98

Davide Campari-Milano NV's Days Payable declined from Dec. 2022 (157.64) to Dec. 2023 (148.46). It may suggest that Davide Campari-Milano NV accelerated paying its suppliers.

Davide Campari-Milano NV Days Payable Historical Data

The historical data trend for Davide Campari-Milano NV'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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Davide Campari-Milano NV Days Payable Chart

Davide Campari-Milano NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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115.67

137.56

149.14

154.05

159.17

Davide Campari-Milano NV Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															157.64	177.71	163.12	160.35	148.46

Competitive Comparison of Davide Campari-Milano NV's Days Payable

For the Beverages - Wineries & Distilleries subindustry, Davide Campari-Milano NV'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.

Davide Campari-Milano NV's Days Payable Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Davide Campari-Milano NV's Days Payable distribution charts can be found below:

* The bar in red indicates where Davide Campari-Milano NV's Days Payable falls into.

Davide Campari-Milano NV 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.

Davide Campari-Milano NV'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
=	( (541.6	+	521.1)	/	2 )	/	1218.5	*	365
=	531.35					/	1218.5	*	365
=	159.17

Davide Campari-Milano NV'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	521.1)	/	1 )	/	320.3	*	365 / 4
=	521.1					/	320.3	*	365 / 4
=	148.46

Davide Campari-Milano NV Days Payable Related Terms

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Davide Campari-Milano NV (MIL:CPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Davide Campari-Milano NV (MIL:CPR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

DVCMY:USA DVDCF:USA CPRm:UK 0ROY:UK 58H:Germany 58H:Germany

Address

Via Franco Sacchetti 20, Sesto San Giovanni, Milan, ITA, 20099

Website

https://www.camparigroup.com

Davide Campari-Milano, or Campari, is the Italian-headquartered parent of the Campari Group and is the world's leading manufacturer of liqueurs, according to Euromonitor, with a volume share of 10% in 2022. The company's liqueur portfolio includes aperitifs Aperol, Campari, Cinzano Vermouth, and Grand Marnier. The remainder of the portfolio spans a wide range of categories, including global priority brands Skyy vodka and Wild Turkey bourbon, and niche brands such as Appleton Estate Rum, Bulldog gin, and Espolon tequila. Campari also produces and markets a range of champagne and sparkling wines.Campari is controlled by Lagfin S.C.A., a Luxembourg-based holding company, which holds 54% of the share capital and over 60% of the voting rights. A further 43% of the equity is free float.

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