La SIA SpA (MIL:LASIA) Days Payable : 101.94 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is La SIA SpA Days Payable?

La SIA SpA's average Accounts Payable for the six months ended in Dec. 2023 was €1.91 Mil. La SIA SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €6.83 Mil. Hence, La SIA SpA's Days Payable for the six months ended in Dec. 2023 was 50.97.

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

MIL:LASIA' s Days Payable Range Over the Past 10 Years
Min: 85.55 Med: 101.94 Max: 109.84
Current: 101.94

During the past 3 years, La SIA SpA's highest Days Payable was 109.84. The lowest was 85.55. And the median was 101.94.

MIL:LASIA's Days Payable is ranked better than
70.23% of 2523 companies
in the Software industry
Industry Median: 48.75 vs MIL:LASIA: 101.94

La SIA SpA's Days Payable declined from Dec. 2021 (109.84) to Dec. 2023 (101.94). It may suggest that La SIA SpA accelerated paying its suppliers.

La SIA SpA Days Payable Historical Data

The historical data trend for La SIA 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.

La SIA SpA Days Payable Chart

La SIA SpA Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

109.84

85.55

101.94

La SIA SpA Semi-Annual Data
	Dec21	Dec22	Dec23
Days Payable	109.84	85.55	101.94

Competitive Comparison of La SIA SpA's Days Payable

For the Software - Infrastructure subindustry, La SIA 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.

La SIA SpA's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, La SIA SpA's Days Payable distribution charts can be found below:

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

La SIA 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.

La SIA 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
=	( (1.512	+	2.301)	/	2 )	/	6.826	*	365
=	1.9065					/	6.826	*	365
=	101.94

La SIA 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: Dec. 2022 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1.512	+	2.301)	/	2 )	/	6.826	*	365 / 2
=	1.9065					/	6.826	*	365 / 2
=	50.97

La SIA SpA Days Payable Related Terms

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

La SIA SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » La SIA SpA (MIL:LASIA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

XB9:Germany

Address

Corso Sempione 55, Milan, ITA, 20149

Website

https://www.lasia.it

La SIA SpA is an Italian payment institution part of the Nexi group. It is the Principal Member of the main national and international payment circuits which are Bancomat, VISA, Mastercard, Union Pay and JCB. The company offers the citizens the possibility of paying postal bills through distribution channels which are both physical and virtual which is managed by banks or by the large organised distribution network. It also offers the development, marketing (sale and/or rental) and management/maintenance of IT products and services relating to payment instruments and, more generally, to connection to electronic circuits.

La SIA SpA Headlines

No Headlines