Digital360 SpA (MIL:DIG) Days Payable : 74.75 (As of Jun. 2023)

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What is Digital360 SpA Days Payable?

Digital360 SpA's average Accounts Payable for the six months ended in Jun. 2023 was €8.62 Mil. Digital360 SpA's Cost of Goods Sold for the six months ended in Jun. 2023 was €21.05 Mil. Hence, Digital360 SpA's Days Payable for the six months ended in Jun. 2023 was 74.75.

The historical rank and industry rank for Digital360 SpA's Days Payable or its related term are showing as below:

MIL:DIG' s Days Payable Range Over the Past 10 Years
Min: 76.62 Med: 91.05 Max: 149.49
Current: 149.49

During the past 7 years, Digital360 SpA's highest Days Payable was 149.49. The lowest was 76.62. And the median was 91.05.

MIL:DIG's Days Payable is not ranked
in the Media - Diversified industry.
Industry Median: 82.14 vs MIL:DIG: 149.49

Digital360 SpA's Days Payable declined from Dec. 2021 (109.78) to Jun. 2023 (74.75). It may suggest that Digital360 SpA accelerated paying its suppliers.

Digital360 SpA Days Payable Historical Data

The historical data trend for Digital360 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.

Digital360 SpA Days Payable Chart

Digital360 SpA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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76.62

83.79

91.91

111.56

Digital360 SpA Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Jun23
Days Payable	Get a 7-Day Free Trial									89.23	105.58	109.78	111.80	74.75

Competitive Comparison of Digital360 SpA's Days Payable

For the Advertising Agencies subindustry, Digital360 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.

Digital360 SpA's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Digital360 SpA's Days Payable distribution charts can be found below:

* The bar in red indicates where Digital360 SpA's Days Payable falls into.

Digital360 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.

Digital360 SpA's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (6.69	+	10.829)	/	2 )	/	0	*	365
=	8.7595					/	0	*	365
=	N/A

Digital360 SpA's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (8.013	+	9.226)	/	2 )	/	21.045	*	365 / 2
=	8.6195					/	21.045	*	365 / 2
=	74.75

Digital360 SpA Days Payable Related Terms

Thank you for viewing the detailed overview of Digital360 SpA's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Digital360 SpA (MIL:DIG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Digital360 SpA (MIL:DIG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Copernico 38, Milan, ITA, 20125

Website

http://www.digital360.it

Digital360 SpA is a multi-channel platform providing editorial content, Communications and Marketing Services, lead generation, Events and Webinars and Advisory, advocacy and coaching services to companies, public authorities and technology suppliers.

Digital360 SpA (MIL:DIG) Headlines

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