DigiTouch SpA (MIL:DGT) Days Payable : 162.94 (As of Jun. 2024)

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What is DigiTouch SpA Days Payable?

DigiTouch SpA's average Accounts Payable for the six months ended in Jun. 2024 was €6.82 Mil. DigiTouch SpA's Cost of Goods Sold for the six months ended in Jun. 2024 was €7.63 Mil. Hence, DigiTouch SpA's Days Payable for the six months ended in Jun. 2024 was 162.94.

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

MIL:DGT' s Days Payable Range Over the Past 10 Years
Min: 124.94 Med: 145.12 Max: 227.2
Current: 133.55

During the past 10 years, DigiTouch SpA's highest Days Payable was 227.20. The lowest was 124.94. And the median was 145.12.

MIL:DGT's Days Payable is ranked better than
67.48% of 947 companies
in the Media - Diversified industry
Industry Median: 82.46 vs MIL:DGT: 133.55

DigiTouch SpA's Days Payable declined from Jun. 2023 (164.81) to Jun. 2024 (162.94). It may suggest that DigiTouch SpA accelerated paying its suppliers.

DigiTouch SpA Days Payable Historical Data

The historical data trend for DigiTouch 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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DigiTouch SpA Days Payable Chart

DigiTouch SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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124.94

176.69

127.00

128.98

151.31

DigiTouch SpA Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial															128.09	110.23	164.81	116.81	162.94

Competitive Comparison of DigiTouch SpA's Days Payable

For the Advertising Agencies subindustry, DigiTouch 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.

DigiTouch SpA's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, DigiTouch SpA's Days Payable distribution charts can be found below:

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

DigiTouch 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.

DigiTouch 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
=	( (8.589	+	7.204)	/	2 )	/	19.049	*	365
=	7.8965					/	19.049	*	365
=	151.31

DigiTouch 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
=	( (7.204	+	6.428)	/	2 )	/	7.634	*	365 / 2
=	6.816					/	7.634	*	365 / 2
=	162.94

DigiTouch SpA Days Payable Related Terms

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DigiTouch SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » DigiTouch SpA (MIL:DGT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Viale Vittorio Veneto 22, Milan, ITA, 20124

Website

https://www.gruppodigitouch.it

DigiTouch SpA is an Italian company providing digital marketing services for various businesses. Along with its subsidiaries, the company operates in the following business segments; Marketing Services, Technolgy Services, and E-commerce Services. Maximum revenue is derived from its Technology Services segment which offers digital factory, cloud-scale up, and other tech services to different businesses. The Marketing Services segment offers different digital and omnichannel marketing solutions such as search engine optimization, content marketing, research, and marketing technology solutions that enable various brands to generate value at every stage of the communication funnel, and the E-commerce services segment develops and designs E-commerce to Marketplace platforms for brands.