Gruppo Green Power SpA (MIL:GGP) Days Payable: 110.43 (As of Jun. 2020)


MIL:GGP Gruppo Green Power SpA MIL:GGP
4 GF Score
Price €4.59
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What is Gruppo Green Power SpA Days Payable?

Gruppo Green Power SpA MIL:GGP 4 Days Payable is 110.43 as of Jun. 2020. GuruFocus rates MIL:GGP with a GF Score™ of 4/100.

Gruppo Green Power SpA's average Accounts Payable for the six months ended in Jun. 2020 was €2.30 Mil. Gruppo Green Power SpA's Cost of Goods Sold for the six months ended in Jun. 2020 was €3.80 Mil. Hence, Gruppo Green Power SpA's Days Payable for the six months ended in Jun. 2020 was 110.43.

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

MIL:GGP's Days Payable is not ranked *
in the Semiconductors industry.
Industry Median: 53.06
* Ranked among companies with meaningful Days Payable only.

Gruppo Green Power SpA's Days Payable increased from Jun. 2019 (87.44) to Jun. 2020 (110.43). It may suggest that Gruppo Green Power SpA delayed paying its suppliers.

Gruppo Green Power SpA Days Payable Historical Data

* Premium members only.

The historical data trend for Gruppo Green Power 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.

Gruppo Green Power SpA Days Payable Chart

Gruppo Green Power SpA Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Days Payable
Get a 7-Day Free Trial Premium Member Only 82.88 131.20 127.52 119.59 77.47

Gruppo Green Power SpA Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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 132.04 94.21 87.44 87.65 110.43

MIL:GGP vs ENPH, SEDG, FSLR: Days Payable Comparison

For the Solar subindustry, Gruppo Green Power 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.

Gruppo Green Power SpA Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Gruppo Green Power SpA's Days Payable distribution charts can be found below:

* The bar in red indicates where Gruppo Green Power SpA's Days Payable falls into.


MIL:GGP
4GF Score
Gruppo Green Power SpA MIL:GGP
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Gruppo Green Power 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.

Gruppo Green Power SpA's Days Payable for the fiscal year that ended in Dec. 2019 is calculated as

Days Payable (A: Dec. 2019 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2018 ) + Accounts Payable (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (3.018 + 2.506) / 2 ) / 13.013*365
=2.762 / 13.013*365
=77.47

Gruppo Green Power SpA's Days Payable for the quarter that ended in Jun. 2020 is calculated as:

Days Payable (Q: Jun. 2020 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2019 ) + Accounts Payable (Q: Jun. 2020 )) / count ) / Cost of Goods Sold (Q: Jun. 2020 )*Days in Period
=( (2.506 + 2.089) / 2 ) / 3.797*365 / 2
=2.2975 / 3.797*365 / 2
=110.43

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 110.43 mean?
Gruppo Green Power SpA (MIL:GGP) has a Days Payable of 110.43 as of Jun. 2020. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Gruppo Green Power SpA and its competitors.
Is Gruppo Green Power SpA's Days Payable too high?
Gruppo Green Power SpA's current Days Payable is 110.43. The Semiconductors industry median Days Payable is 53.06. Gruppo Green Power SpA's value of 110.43 is 108.1% above this industry median. Overall, Gruppo Green Power SpA has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Gruppo Green Power SpA's Days Payable compare to ENPH and SEDG?
Gruppo Green Power SpA's Days Payable of 110.43 can be compared against companies in the Semiconductors industry. The industry median Days Payable is 53.06. Gruppo Green Power SpA's value of 110.43 is 108.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Semiconductors company?
The median Days Payable among Semiconductors companies is 53.06, based on 997 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gruppo Green Power SpA's current Days Payable of 110.43 is 108.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Gruppo Green Power SpA and its competitors. For the Semiconductors industry, the median Days Payable is 53.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gruppo Green Power SpA's current Days Payable is 110.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gruppo Green Power SpA stock overvalued right now?
Gruppo Green Power SpA (MIL:GGP) has a current Days Payable of 110.43. The current Days Payable is 110.43 and 108.1% above the Semiconductors industry median of 53.06. Gruppo Green Power SpA's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Gruppo Green Power SpA (MIL:GGP), the current Days Payable is 110.43 as of Jun. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Gruppo Green Power SpA Business Description

Address Via Varotara 57, Mirano, ITA, 30035
Gruppo Green Power SpA provides services related to energy from renewable resources, such as water, sun, wind and geothermal energy. It offers photovoltaic systems, mini wind solar thermal systems and services.
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