Fos SpA (MIL:FOS) Days Payable : 116.15 (As of Jun. 2024)

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What is Fos SpA Days Payable?

Fos SpA's average Accounts Payable for the six months ended in Jun. 2024 was €2.98 Mil. Fos SpA's Cost of Goods Sold for the six months ended in Jun. 2024 was €4.68 Mil. Hence, Fos SpA's Days Payable for the six months ended in Jun. 2024 was 116.15.

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

MIL:FOS' s Days Payable Range Over the Past 10 Years
Min: 59.95 Med: 88.57 Max: 193.95
Current: 90.15

During the past 8 years, Fos SpA's highest Days Payable was 193.95. The lowest was 59.95. And the median was 88.57.

MIL:FOS's Days Payable is ranked better than
65.97% of 2554 companies
in the Software industry
Industry Median: 51.74 vs MIL:FOS: 90.15

Fos SpA's Days Payable declined from Jun. 2023 (186.29) to Jun. 2024 (116.15). It may suggest that Fos SpA accelerated paying its suppliers.

Fos SpA Days Payable Historical Data

The historical data trend for Fos 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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Fos SpA Days Payable Chart

Fos SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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88.57

172.18

193.95

150.64

90.83

Fos SpA Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Payable	Get a 7-Day Free Trial										165.50	186.29	116.32	116.15	74.13

Competitive Comparison of Fos SpA's Days Payable

For the Information Technology Services subindustry, Fos 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.

Fos SpA's Days Payable Distribution in the Software Industry

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

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

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Fos 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.

Fos 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
=	( (4.707	+	2.904)	/	2 )	/	9.221	*	365
=	3.8055					/	9.221	*	365
=	150.64

Fos 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
=	( (2.904	+	3.048)	/	2 )	/	4.676	*	365 / 2
=	2.976					/	4.676	*	365 / 2
=	116.15

Fos SpA Days Payable Related Terms

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Fos SpA Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Porlezza 16, Milan, ITA, 20100

Website

https://www.gruppofos.it

Fos SpA is an Italian technological industry offering services of system integration and software development, applicative and infrastructural outsourcing, research activities, development and prototyping of technological solutions, and services for telecommunications. The company's services are provided both in a service mode for the maintenance of systems and new developments at the customer's premises and through the design and realization of tailored on demand solutions (software applications, db and systemic assistance, cyber security, cloud computing, digital workspace and hardware supply).

Fos SpA Headlines

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