Gismondi 1754 SpA (MIL:GIS) Days Payable : 114.77 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Gismondi 1754 SpA Days Payable?

Gismondi 1754 SpA's average Accounts Payable for the six months ended in Dec. 2023 was €3.77 Mil. Gismondi 1754 SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €5.99 Mil. Hence, Gismondi 1754 SpA's Days Payable for the six months ended in Dec. 2023 was 114.77.

The historical rank and industry rank for Gismondi 1754 SpA's Days Payable or its related term are showing as below:

MIL:GIS' s Days Payable Range Over the Past 10 Years
Min: 79.56 Med: 112.42 Max: 168.75
Current: 120.42

During the past 6 years, Gismondi 1754 SpA's highest Days Payable was 168.75. The lowest was 79.56. And the median was 112.42.

MIL:GIS's Days Payable is ranked better than
81.94% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 54.49 vs MIL:GIS: 120.42

Gismondi 1754 SpA's Days Payable declined from Dec. 2022 (150.35) to Dec. 2023 (114.77). It may suggest that Gismondi 1754 SpA accelerated paying its suppliers.

Gismondi 1754 SpA Days Payable Historical Data

The historical data trend for Gismondi 1754 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.

Gismondi 1754 SpA Days Payable Chart

Gismondi 1754 SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

155.64

168.75

112.42

79.56

105.09

Gismondi 1754 SpA Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial							70.77	94.36	150.35	120.15	114.77

Competitive Comparison of Gismondi 1754 SpA's Days Payable

For the Luxury Goods subindustry, Gismondi 1754 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.

Gismondi 1754 SpA's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Gismondi 1754 SpA's Days Payable distribution charts can be found below:

* The bar in red indicates where Gismondi 1754 SpA's Days Payable falls into.

Gismondi 1754 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.

Gismondi 1754 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
=	( (1.996	+	4.02)	/	2 )	/	10.447	*	365
=	3.008					/	10.447	*	365
=	105.09

Gismondi 1754 SpA's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (3.464	+	4.071)	/	2 )	/	5.991	*	365 / 2
=	3.7675					/	5.991	*	365 / 2
=	114.77

Gismondi 1754 SpA Days Payable Related Terms

Thank you for viewing the detailed overview of Gismondi 1754 SpA's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Gismondi 1754 SpA (MIL:GIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Gismondi 1754 SpA (MIL:GIS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Galata, 72-74r, Genoa, ITA

Website

https://www.gismondi1754.com

Gismondi 1754 SpA is engaged in creation, production and marketing of jewelry. The company manufactures rings, necklaces, earrings, and pendants. Its brands are Essenza, Noi, Aura, Era, Dedalo, and Prato Fiorito.