Fae Technology SpA (MIL:FAE) Days Payable : 98.65 (As of Jun. 2024)

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What is Fae Technology SpA Days Payable?

Fae Technology SpA's average Accounts Payable for the six months ended in Jun. 2024 was €17.55 Mil. Fae Technology SpA's Cost of Goods Sold for the six months ended in Jun. 2024 was €32.47 Mil. Hence, Fae Technology SpA's Days Payable for the six months ended in Jun. 2024 was 98.65.

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

MIL:FAE' s Days Payable Range Over the Past 10 Years
Min: 89.76 Med: 97.53 Max: 109.38
Current: 109.38

During the past 4 years, Fae Technology SpA's highest Days Payable was 109.38. The lowest was 89.76. And the median was 97.53.

MIL:FAE's Days Payable is ranked better than
73.19% of 2398 companies
in the Hardware industry
Industry Median: 68.685 vs MIL:FAE: 109.38

Fae Technology SpA's Days Payable declined from Jun. 2023 (125.07) to Jun. 2024 (98.65). It may suggest that Fae Technology SpA accelerated paying its suppliers.

Fae Technology SpA Days Payable Historical Data

The historical data trend for Fae Technology 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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Fae Technology SpA Days Payable Chart

Fae Technology SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

95.31

89.76

99.75

102.31

Fae Technology SpA Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial			111.65	110.18	125.07	115.71	98.65

Competitive Comparison of Fae Technology SpA's Days Payable

For the Electronic Components subindustry, Fae Technology 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.

Fae Technology SpA's Days Payable Distribution in the Hardware Industry

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

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

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Fae Technology 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.

Fae Technology 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
=	( (11.03	+	15.717)	/	2 )	/	47.712	*	365
=	13.3735					/	47.712	*	365
=	102.31

Fae Technology 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
=	( (15.717	+	19.391)	/	2 )	/	32.474	*	365 / 2
=	17.554					/	32.474	*	365 / 2
=	98.65

Fae Technology SpA Days Payable Related Terms

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Fae Technology SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Fae Technology SpA (MIL:FAE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via C. Battisti, 136, Gazzaniga (BG), ITA, 24025

Website

https://www.fae.technology

Fae Technology SpA operates in design, PoC development, industrial design, prototyping, manufacturing, and solution delivery in embedded electronics and custom electronics products.

Fae Technology SpA Headlines

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