Italian Wine Brands SpA (MIL:IWB) Days Payable : 104.33 (As of Dec. 2023)

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What is Italian Wine Brands SpA Days Payable?

Italian Wine Brands SpA's average Accounts Payable for the six months ended in Dec. 2023 was €112.2 Mil. Italian Wine Brands SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €196.3 Mil. Hence, Italian Wine Brands SpA's Days Payable for the six months ended in Dec. 2023 was 104.33.

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

MIL:IWB' s Days Payable Range Over the Past 10 Years
Min: 108.7 Med: 125.16 Max: 146.01
Current: 120.31

During the past 9 years, Italian Wine Brands SpA's highest Days Payable was 146.01. The lowest was 108.70. And the median was 125.16.

MIL:IWB's Days Payable is ranked better than
64.85% of 202 companies
in the Beverages - Alcoholic industry
Industry Median: 77.99 vs MIL:IWB: 120.31

Italian Wine Brands SpA's Days Payable declined from Dec. 2022 (122.10) to Dec. 2023 (104.33). It may suggest that Italian Wine Brands SpA accelerated paying its suppliers.

Italian Wine Brands SpA Days Payable Historical Data

The historical data trend for Italian Wine Brands 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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Italian Wine Brands SpA Days Payable Chart

Italian Wine Brands SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

123.08

108.70

131.94

146.01

125.16

Italian Wine Brands SpA Semi-Annual Data
	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													95.13	147.76	122.10	133.65	104.33

Competitive Comparison of Italian Wine Brands SpA's Days Payable

For the Beverages - Wineries & Distilleries subindustry, Italian Wine Brands 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 Wine Brands SpA's Days Payable Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Italian Wine Brands SpA's Days Payable distribution charts can be found below:

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

Italian Wine Brands 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 Wine Brands 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
=	( (136.717	+	113.79)	/	2 )	/	365.274	*	365
=	125.2535					/	365.274	*	365
=	125.16

Italian Wine Brands 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
=	( (110.696	+	113.79)	/	2 )	/	196.347	*	365 / 2
=	112.243					/	196.347	*	365 / 2
=	104.33

Italian Wine Brands SpA Days Payable Related Terms

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Italian Wine Brands SpA (MIL:IWB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Italian Wine Brands SpA (MIL:IWB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MR3:Germany

Address

Viale Abruzzi 94, Milan, ITA, 20131

Website

https://www.italianwinebrands.it

Italian Wine Brands SpA through its subsidiaries is engaged in the production and distribution of wine in Italy. The group works through two different sales channels namely Distance Selling and Wholesale. The company also offers gourmet food products, coffee, and extra virgin olive oil, to Terre dei Gigli and Italian Art Cafe brands. The company operates in Europe and rest of the world.