Met.Extra Group (MIL:MET) Days Payable : 22.86 (As of Jun. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Met.Extra Group Days Payable?

Met.Extra Group's average Accounts Payable for the six months ended in Jun. 2023 was €3.33 Mil. Met.Extra Group's Cost of Goods Sold for the six months ended in Jun. 2023 was €26.61 Mil. Hence, Met.Extra Group's Days Payable for the six months ended in Jun. 2023 was 22.86.

The historical rank and industry rank for Met.Extra Group's Days Payable or its related term are showing as below:

MIL:MET' s Days Payable Range Over the Past 10 Years
Min: 12.88 Med: 560.77 Max: 2006.51
Current: 24.89

During the past 13 years, Met.Extra Group's highest Days Payable was 2006.51. The lowest was 12.88. And the median was 560.77.

MIL:MET's Days Payable is ranked worse than
77.78% of 468 companies
in the Asset Management industry
Industry Median: 68.825 vs MIL:MET: 24.89

Met.Extra Group's Days Payable increased from Jun. 2022 (14.28) to Jun. 2023 (22.86). It may suggest that Met.Extra Group delayed paying its suppliers.

Met.Extra Group Days Payable Historical Data

The historical data trend for Met.Extra Group'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.

Met.Extra Group Days Payable Chart

Met.Extra Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

152.56

64.18

38.34

513.12

12.88

Met.Extra Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial															190.50	5,861.06	14.28	24.36	22.86

Competitive Comparison of Met.Extra Group's Days Payable

For the Asset Management subindustry, Met.Extra Group'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.

Met.Extra Group's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Met.Extra Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Met.Extra Group's Days Payable falls into.

Met.Extra Group 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.

Met.Extra Group's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.506	+	2.501)	/	2 )	/	42.61	*	365
=	1.5035					/	42.61	*	365
=	12.88

Met.Extra Group's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (2.501	+	4.166)	/	2 )	/	26.607	*	365 / 2
=	3.3335					/	26.607	*	365 / 2
=	22.86

Met.Extra Group Days Payable Related Terms

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

Met.Extra Group (MIL:MET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Met.Extra Group (MIL:MET) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Corso Monforte 7, Milano, ITA, 20122

Website

https://www.titanmet.it

Met.Extra Group, formerly TitanMet SpA is an Italian investment company. Its objective is to carry out a wide-ranging strategic project aimed at future investments in assets or financial instruments that do not involve the acquisition of control in the realities of interest. It is also involved in the development of synergies and implementation of subsequent integrations, acquisitions, spin-offs, and other interventions, as well as provides advisory services.