iGrandiViaggi SpA (MIL:IGV) Days Payable : 46.97 (As of Jul. 2024)

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What is iGrandiViaggi SpA Days Payable?

iGrandiViaggi SpA's average Accounts Payable for the three months ended in Jul. 2024 was €8.45 Mil. iGrandiViaggi SpA's Cost of Goods Sold for the three months ended in Jul. 2024 was €16.42 Mil. Hence, iGrandiViaggi SpA's Days Payable for the three months ended in Jul. 2024 was 46.97.

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

MIL:IGV' s Days Payable Range Over the Past 10 Years
Min: 50.27 Med: 56.77 Max: 82.2
Current: 65.68

During the past 13 years, iGrandiViaggi SpA's highest Days Payable was 82.20. The lowest was 50.27. And the median was 56.77.

MIL:IGV's Days Payable is ranked better than
53.25% of 755 companies
in the Travel & Leisure industry
Industry Median: 57.91 vs MIL:IGV: 65.68

iGrandiViaggi SpA's Days Payable declined from Jul. 2023 (49.19) to Jul. 2024 (46.97). It may suggest that iGrandiViaggi SpA accelerated paying its suppliers.

iGrandiViaggi SpA Days Payable Historical Data

The historical data trend for iGrandiViaggi 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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iGrandiViaggi SpA Days Payable Chart

iGrandiViaggi SpA Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Days Payable

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57.19

82.20

78.18

66.68

62.87

iGrandiViaggi SpA Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
Days Payable	Get a 7-Day Free Trial															49.19	57.44	89.80	57.85	46.97

Competitive Comparison of iGrandiViaggi SpA's Days Payable

For the Resorts & Casinos subindustry, iGrandiViaggi 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.

iGrandiViaggi SpA's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, iGrandiViaggi SpA's Days Payable distribution charts can be found below:

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

iGrandiViaggi 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.

iGrandiViaggi SpA's Days Payable for the fiscal year that ended in Oct. 2023 is calculated as

	Days Payable (A: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Oct. 2022 )	+	Accounts Payable (A: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2023 )	*	Days in Period
=	( (9.096	+	7.458)	/	2 )	/	48.055	*	365
=	8.277					/	48.055	*	365
=	62.87

iGrandiViaggi SpA's Days Payable for the quarter that ended in Jul. 2024 is calculated as:

	Days Payable (Q: Jul. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Apr. 2024 )	+	Accounts Payable (Q: Jul. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jul. 2024 )	*	Days in Period
=	( (4.919	+	11.984)	/	2 )	/	16.42	*	365 / 4
=	8.4515					/	16.42	*	365 / 4
=	46.97

iGrandiViaggi SpA Days Payable Related Terms

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iGrandiViaggi SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » iGrandiViaggi SpA (MIL:IGV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Della Moscova, 36, Milan, ITA, 20121

Website

http://www.igrandiviaggi.it

iGrandiViaggi SpA owns and manages hotels and resorts in Italy. It operates in Mexico, Oman, United States, UAE, Thailand, Qatar, Kenya, Greece, and Zanzibar.