Iniziative Bresciane SpA (MIL:IB) Days Payable : 166.77 (As of Dec. 2023)

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What is Iniziative Bresciane SpA Days Payable?

Iniziative Bresciane SpA's average Accounts Payable for the six months ended in Dec. 2023 was €6.36 Mil. Iniziative Bresciane SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €6.96 Mil. Hence, Iniziative Bresciane SpA's Days Payable for the six months ended in Dec. 2023 was 166.77.

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

MIL:IB' s Days Payable Range Over the Past 10 Years
Min: 139.52 Med: 342.88 Max: 456.44
Current: 238.66

During the past 11 years, Iniziative Bresciane SpA's highest Days Payable was 456.44. The lowest was 139.52. And the median was 342.88.

MIL:IB's Days Payable is ranked better than
76.8% of 388 companies
in the Utilities - Independent Power Producers industry
Industry Median: 77.405 vs MIL:IB: 238.66

Iniziative Bresciane SpA's Days Payable declined from Dec. 2022 (689.96) to Dec. 2023 (166.77). It may suggest that Iniziative Bresciane SpA accelerated paying its suppliers.

Iniziative Bresciane SpA Days Payable Historical Data

The historical data trend for Iniziative Bresciane 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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Iniziative Bresciane SpA Days Payable Chart

Iniziative Bresciane SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

295.06

431.78

456.44

448.02

233.14

Iniziative Bresciane SpA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															497.91	680.52	689.96	437.61	166.77

Competitive Comparison of Iniziative Bresciane SpA's Days Payable

For the Utilities - Renewable subindustry, Iniziative Bresciane 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.

Iniziative Bresciane SpA's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Iniziative Bresciane SpA's Days Payable distribution charts can be found below:

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

Iniziative Bresciane 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.

Iniziative Bresciane 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
=	( (6.129	+	6.149)	/	2 )	/	9.611	*	365
=	6.139					/	9.611	*	365
=	233.14

Iniziative Bresciane 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
=	( (6.575	+	6.149)	/	2 )	/	6.962	*	365 / 2
=	6.362					/	6.962	*	365 / 2
=	166.77

Iniziative Bresciane SpA Days Payable Related Terms

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Iniziative Bresciane SpA (MIL:IB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Iniziative Bresciane SpA (MIL:IB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Piazza Vittoria 19, Breno, Brescia, ITA, 25043

Website

http://www.iniziativebrescianespa.it

Iniziative Bresciane SpA is an engineering and construction company. The company design, constructs and operates small and medium-sized hydroelectric plants. The company operates in Italy and its hydroelectric plants are mainly located in the provinces of Brescia, Bergamo, and Cremona.

Iniziative Bresciane SpA (MIL:IB) Headlines

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