Seco SpA (MIL:IOT) Days Payable : 85.12 (As of Sep. 2024)

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What is Seco SpA Days Payable?

Seco SpA's average Accounts Payable for the three months ended in Sep. 2024 was €34.6 Mil. Seco SpA's Cost of Goods Sold for the three months ended in Sep. 2024 was €37.1 Mil. Hence, Seco SpA's Days Payable for the three months ended in Sep. 2024 was 85.12.

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

MIL:IOT' s Days Payable Range Over the Past 10 Years
Min: 111.61 Med: 129.41 Max: 149.45
Current: 111.61

During the past 6 years, Seco SpA's highest Days Payable was 149.45. The lowest was 111.61. And the median was 129.41.

MIL:IOT's Days Payable is ranked better than
79.12% of 972 companies
in the Semiconductors industry
Industry Median: 52.37 vs MIL:IOT: 111.61

Seco SpA's Days Payable declined from Sep. 2023 (103.92) to Sep. 2024 (85.12). It may suggest that Seco SpA accelerated paying its suppliers.

Seco SpA Days Payable Historical Data

The historical data trend for Seco 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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Seco SpA Days Payable Chart

Seco SpA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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135.21

119.73

140.09

122.63

123.61

Seco SpA Quarterly Data
	Dec18	Dec19	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															103.92	172.86	115.46	110.31	85.12

Competitive Comparison of Seco SpA's Days Payable

For the Semiconductors subindustry, Seco 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.

Seco SpA's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Seco SpA's Days Payable distribution charts can be found below:

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

Seco 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.

Seco 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
=	( (44.009	+	36.402)	/	2 )	/	118.724	*	365
=	40.2055					/	118.724	*	365
=	123.61

Seco 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
=	( (37.375	+	31.832)	/	2 )	/	37.095	*	365 / 4
=	34.6035					/	37.095	*	365 / 4
=	85.12

Seco SpA Days Payable Related Terms

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Seco SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Seco SpA (MIL:IOT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

7GV:Germany

Address

Via Achille Grandi No. 20, Arezzo, ITA

Website

https://www.seco.com

Seco SpA is engaged in providing solutions ranging from the single microcomputer to integrated systems and software platforms. It supplies a variety of industrial sectors including healthcare, industrial automation, logistics, and transportation. The company product portfolio includes Modules, Single Board Computer and Fanless Embedded Computers.