Immobiliare Grande Distribuzione SiiQ SpA (MIL:IGD) Days Payable : 135.96 (As of Dec. 2023)

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What is Immobiliare Grande Distribuzione SiiQ SpA Days Payable?

Immobiliare Grande Distribuzione SiiQ SpA's average Accounts Payable for the three months ended in Dec. 2023 was €22.4 Mil. Immobiliare Grande Distribuzione SiiQ SpA's Cost of Goods Sold for the three months ended in Dec. 2023 was €15.1 Mil. Hence, Immobiliare Grande Distribuzione SiiQ SpA's Days Payable for the three months ended in Dec. 2023 was 135.96.

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

MIL:IGD' s Days Payable Range Over the Past 10 Years
Min: 140.58 Med: 192.16 Max: 253.27
Current: 208

During the past 13 years, Immobiliare Grande Distribuzione SiiQ SpA's highest Days Payable was 253.27. The lowest was 140.58. And the median was 192.16.

MIL:IGD's Days Payable is ranked better than
67.69% of 523 companies
in the REITs industry
Industry Median: 128.55 vs MIL:IGD: 208.00

Immobiliare Grande Distribuzione SiiQ SpA's Days Payable increased from Dec. 2022 (89.92) to Dec. 2023 (135.96). It may suggest that Immobiliare Grande Distribuzione SiiQ SpA delayed paying its suppliers.

Immobiliare Grande Distribuzione SiiQ SpA Days Payable Historical Data

The historical data trend for Immobiliare Grande Distribuzione SiiQ 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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Immobiliare Grande Distribuzione SiiQ SpA Days Payable Chart

Immobiliare Grande Distribuzione SiiQ SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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226.31

230.40

225.37

210.12

253.27

Immobiliare Grande Distribuzione SiiQ SpA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															89.92	212.25	134.88	1,637.97	135.96

Competitive Comparison of Immobiliare Grande Distribuzione SiiQ SpA's Days Payable

For the REIT - Diversified subindustry, Immobiliare Grande Distribuzione SiiQ 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.

Immobiliare Grande Distribuzione SiiQ SpA's Days Payable Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Immobiliare Grande Distribuzione SiiQ SpA's Days Payable distribution charts can be found below:

* The bar in red indicates where Immobiliare Grande Distribuzione SiiQ SpA's Days Payable falls into.

Immobiliare Grande Distribuzione SiiQ 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.

Immobiliare Grande Distribuzione SiiQ 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
=	( (24.591	+	24.608)	/	2 )	/	35.451	*	365
=	24.5995					/	35.451	*	365
=	253.27

Immobiliare Grande Distribuzione SiiQ 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (20.245	+	24.608)	/	2 )	/	15.052	*	365 / 4
=	22.4265					/	15.052	*	365 / 4
=	135.96

Immobiliare Grande Distribuzione SiiQ SpA Days Payable Related Terms

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

Immobiliare Grande Distribuzione SiiQ SpA (MIL:IGD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Immobiliare Grande Distribuzione SiiQ SpA (MIL:IGD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0STP:UK IF81:Germany

Address

via Trattati Comunitari, Europei 1957-2007, 13, Bologna, ITA, 40127

Website

https://www.gruppoigd.it

Immobiliare Grande Distribuzione SiiQ SpA is a real estate company that manages and develops shopping centers in Italy. It operates in three main business segments which include core business properties, services, and trading. It generates a majority of its revenue from the core business properties segment. The company provides various services related to the real estate sector, including the promotion of newly opened, expanded, or restructured centers, rotation of existing retailers, and facility management services, such as security, cleaning, and ordinary maintenance.

Immobiliare Grande Distribuzione SiiQ SpA (MIL:IGD) Headlines

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