Italian Exhibition Group SpA (MIL:IEG) Days Payable : 140.83 (As of Sep. 2024)

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What is Italian Exhibition Group SpA Days Payable?

Italian Exhibition Group SpA's average Accounts Payable for the three months ended in Sep. 2024 was €43.5 Mil. Italian Exhibition Group SpA's Cost of Goods Sold for the three months ended in Sep. 2024 was €28.2 Mil. Hence, Italian Exhibition Group SpA's Days Payable for the three months ended in Sep. 2024 was 140.83.

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

MIL:IEG' s Days Payable Range Over the Past 10 Years
Min: 120.93 Med: 156.26 Max: 221.75
Current: 120.93

During the past 8 years, Italian Exhibition Group SpA's highest Days Payable was 221.75. The lowest was 120.93. And the median was 156.26.

MIL:IEG's Days Payable is ranked better than
63.44% of 930 companies
in the Media - Diversified industry
Industry Median: 83.56 vs MIL:IEG: 120.93

Italian Exhibition Group SpA's Days Payable declined from Sep. 2023 (182.86) to Sep. 2024 (140.83). It may suggest that Italian Exhibition Group SpA accelerated paying its suppliers.

Italian Exhibition Group SpA Days Payable Historical Data

The historical data trend for Italian Exhibition Group 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.

Italian Exhibition Group SpA Days Payable Chart

Italian Exhibition Group SpA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

140.98

205.60

204.30

138.09

134.99

Italian Exhibition Group SpA Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															182.86	112.69	101.18	152.74	140.83

Competitive Comparison of Italian Exhibition Group SpA's Days Payable

For the Advertising Agencies subindustry, Italian Exhibition Group 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.

Italian Exhibition Group SpA's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Italian Exhibition Group SpA's Days Payable distribution charts can be found below:

* The bar in red indicates where Italian Exhibition Group SpA's Days Payable falls into.

Italian Exhibition Group 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.

Italian Exhibition Group 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
=	( (42.807	+	43.318)	/	2 )	/	116.436	*	365
=	43.0625					/	116.436	*	365
=	134.99

Italian Exhibition Group SpA's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (42.93	+	44.035)	/	2 )	/	28.174	*	365 / 4
=	43.4825					/	28.174	*	365 / 4
=	140.83

Italian Exhibition Group SpA Days Payable Related Terms

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Italian Exhibition Group SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Italian Exhibition Group SpA (MIL:IEG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Emilia 155, Rimini, ITA, 47921

Website

https://www.iegexpo.it

Italian Exhibition Group SpA is an Italy based company involved in organising trade fairs. It specializes in organizing events in five categories: Food & Beverage; Jewellery & Fashion; Tourism, Hospitality & Lifestyle; Wellness & Leisure and Green & Technology.

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