GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Enervit SpA (MIL:ENV) » Definitions » Days Payable

Enervit SpA (MIL:ENV) Days Payable : 222.49 (As of Jun. 2023)


View and export this data going back to 2009. Start your Free Trial

What is Enervit SpA Days Payable?

Enervit SpA's average Accounts Payable for the six months ended in Jun. 2023 was €17.27 Mil. Enervit SpA's Cost of Goods Sold for the six months ended in Jun. 2023 was €14.17 Mil. Hence, Enervit SpA's Days Payable for the six months ended in Jun. 2023 was 222.49.

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

MIL:ENV' s Days Payable Range Over the Past 10 Years
Min: 202.24   Med: 258.72   Max: 444.98
Current: 444.98

During the past 13 years, Enervit SpA's highest Days Payable was 444.98. The lowest was 202.24. And the median was 258.72.

MIL:ENV's Days Payable is ranked better than
96.87% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.77 vs MIL:ENV: 444.98

Enervit SpA's Days Payable declined from Dec. 2021 (235.63) to Jun. 2023 (222.49). It may suggest that Enervit SpA accelerated paying its suppliers.


Enervit SpA Days Payable Historical Data

The historical data trend for Enervit 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.

Enervit SpA Days Payable Chart

Enervit SpA Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 263.07 265.56 271.39 271.82 202.24

Enervit SpA Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 232.30 214.68 235.63 217.71 222.49

Competitive Comparison of Enervit SpA's Days Payable

For the Packaged Foods subindustry, Enervit 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.


Enervit SpA's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Enervit SpA's Days Payable distribution charts can be found below:

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



Enervit 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.

Enervit SpA's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (9.783 + 11.232) / 2 ) / 18.964*365
=10.5075 / 18.964*365
=202.24

Enervit 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
=( (16.936 + 17.607) / 2 ) / 14.167*365 / 2
=17.2715 / 14.167*365 / 2
=222.49

* 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.


Enervit SpA Days Payable Related Terms

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


Enervit SpA (MIL:ENV) Business Description

Traded in Other Exchanges
N/A
Address
Viale Achille Papa, 30, Milan, ITA, 20149
Enervit SpA is engaged in the research, development, production, marketing, and export of sports food supplements and functional nutrition products. It manufactures and distributes products satisfying specific needs, both for those involved in sports at the professional level and their wellbeing. The company brands include Enervit Sport, EnerZona, Enervit Protein, and Enervit Gymline Muscle.