ENovia spa (MIL:E9IA) Days Payable : 121.05 (As of Jun. 2023)

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What is ENovia spa Days Payable?

ENovia spa's average Accounts Payable for the six months ended in Jun. 2023 was €3.85 Mil. ENovia spa's Cost of Goods Sold for the six months ended in Jun. 2023 was €5.80 Mil. Hence, ENovia spa's Days Payable for the six months ended in Jun. 2023 was 121.05.

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

MIL:E9IA' s Days Payable Range Over the Past 10 Years
Min: 97.02 Med: 128.11 Max: 153.87
Current: 97.5

During the past 3 years, ENovia spa's highest Days Payable was 153.87. The lowest was 97.02. And the median was 128.11.

MIL:E9IA's Days Payable is not ranked
in the Hardware industry.
Industry Median: 68.08 vs MIL:E9IA: 97.50

ENovia spa's Days Payable increased from Jun. 2022 (110.61) to Jun. 2023 (121.05). It may suggest that ENovia spa delayed paying its suppliers.

ENovia spa Days Payable Historical Data

The historical data trend for ENovia 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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ENovia spa Days Payable Chart

ENovia spa Annual Data

Trend

Dec20

Dec21

Dec22

Days Payable

128.11

153.87

97.02

ENovia spa Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial			93.40	278.04	110.61	89.48	121.05

Competitive Comparison of ENovia spa's Days Payable

For the Scientific & Technical Instruments subindustry, ENovia 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.

ENovia spa's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, ENovia spa's Days Payable distribution charts can be found below:

* The bar in red indicates where ENovia spa's Days Payable falls into.

ENovia 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.

ENovia 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
=	( (4.15	+	4.758)	/	2 )	/	16.756	*	365
=	4.454					/	16.756	*	365
=	97.02

ENovia 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: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (4.758	+	2.94)	/	2 )	/	5.803	*	365 / 2
=	3.849					/	5.803	*	365 / 2
=	121.05

ENovia spa Days Payable Related Terms

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ENovia spa (MIL:E9IA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ENovia spa (MIL:E9IA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via San Martino 12, Milan, ITA, 20122

Website

https://www.e-novia.it

ENovia spa applies processes and methods to transform Intellectual Property into technology-based enterprises. Its products are Vehicular Robotics and Collaborative robotics.

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