Doxee SpA (MIL:DOX) Days Payable : 88.54 (As of Dec. 2023)

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What is Doxee SpA Days Payable?

Doxee SpA's average Accounts Payable for the six months ended in Dec. 2023 was €7.70 Mil. Doxee SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €15.88 Mil. Hence, Doxee SpA's Days Payable for the six months ended in Dec. 2023 was 88.54.

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

MIL:DOX' s Days Payable Range Over the Past 10 Years
Min: 105.46 Med: 183 Max: 1225.45
Current: 107.79

During the past 7 years, Doxee SpA's highest Days Payable was 1225.45. The lowest was 105.46. And the median was 183.00.

MIL:DOX's Days Payable is ranked better than
71.3% of 2523 companies
in the Software industry
Industry Median: 49.74 vs MIL:DOX: 107.79

Doxee SpA's Days Payable declined from Dec. 2022 (104.13) to Dec. 2023 (88.54). It may suggest that Doxee SpA accelerated paying its suppliers.

Doxee SpA Days Payable Historical Data

The historical data trend for Doxee 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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Doxee SpA Days Payable Chart

Doxee SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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1,225.45

346.33

183.00

143.71

105.46

Doxee SpA Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial								89.21	187.42	104.13	142.15	88.54

Competitive Comparison of Doxee SpA's Days Payable

For the Software - Infrastructure subindustry, Doxee 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.

Doxee SpA's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Doxee SpA's Days Payable distribution charts can be found below:

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

Doxee 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.

Doxee 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
=	( (7.314	+	7.503)	/	2 )	/	25.641	*	365
=	7.4085					/	25.641	*	365
=	105.46

Doxee SpA'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (7.901	+	7.503)	/	2 )	/	15.875	*	365 / 2
=	7.702					/	15.875	*	365 / 2
=	88.54

Doxee SpA Days Payable Related Terms

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Doxee SpA (MIL:DOX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Doxee SpA (MIL:DOX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Viale Virgilio, n. 48 / B, Modena, ITA

Website

https://www.doxee.com

Doxee SpA is an Italian software company. It offers customer communications management, digital customer experience, and dematerialization based on cloud technologies. The company's product lines include Document Experience which consists of the production and distribution of multi-channel and digital document storage; the Paperless Experience line includes electronic billing, standard digital preservation, electronic ordering, and other products; and the Interactive Experience line is engaged in production and distribution of interactive micro-sites and personalized videos. The firm offers products via software, platform, and on-premise form.