Ops Italia SpA (MIL:OPS) Days Payable: 2,028.33 (As of Jun. 2025) — 41% Below Median


What is Ops Italia SpA Days Payable?

Ops Italia SpA MIL:OPS Days Payable is 2,028.33 as of Jun. 2025, which is 41% below its 10-year median of 3,440.29. The stock has 5 warning signs investors should review. Among 481 Utilities - Regulated companies, Ops Italia SpA ranks better than 96.26% on this metric.

Ops Italia SpA's average Accounts Payable for the six months ended in Jun. 2025 was €1.02 Mil. Ops Italia SpA's Cost of Goods Sold for the six months ended in Jun. 2025 was €0.09 Mil. Hence, Ops Italia SpA's Days Payable for the six months ended in Jun. 2025 was 2,028.33.

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

MIL:OPS' s Days Payable Range Over the Past 10 Years
Min: 26.37   Med: 3440.29   Max: 6239.43
Current: 626.9

During the past 13 years, Ops Italia SpA's highest Days Payable was 6239.43. The lowest was 26.37. And the median was 3440.29.

MIL:OPS's Days Payable is ranked better than
96.26% of 481 companies
in the Utilities - Regulated industry
Industry Median: 70.61 vs MIL:OPS: 626.90

Ops Italia SpA's Days Payable increased from Jun. 2024 (261.74) to Jun. 2025 (2,028.33). It may suggest that Ops Italia SpA delayed paying its suppliers.


Ops Italia SpA Days Payable Historical Data

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The historical data trend for Ops Italia 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.

Ops Italia SpA Days Payable Chart

Ops Italia SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,370.39 2,510.18 26.37 55.66 252.56

Ops Italia SpA Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 57.75 123.79 261.74 245.42 2,028.33

MIL:OPS vs ATO, NI, UGI: Days Payable Comparison

For the Utilities - Regulated Gas subindustry, Ops Italia 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.


Ops Italia SpA Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Ops Italia SpA's Days Payable distribution charts can be found below:

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



Ops Italia 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.

Ops Italia SpA's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (0.309 + 0.603) / 2 ) / 0.659*365
=0.456 / 0.659*365
=252.56

Ops Italia SpA's Days Payable for the quarter that ended in Jun. 2025 is calculated as:

Days Payable (Q: Jun. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Jun. 2025 )) / count ) / Cost of Goods Sold (Q: Jun. 2025 )*Days in Period
=( (0.603 + 1.442) / 2 ) / 0.092*365 / 2
=1.0225 / 0.092*365 / 2
=2,028.33

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 2,028.33 mean?
Ops Italia SpA (MIL:OPS) has a Days Payable of 2,028.33 as of Jun. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ops Italia SpA and its competitors. This is 41% below median its historical median of 3,440.29. Over the past decade, Ops Italia SpA's Days Payable has ranged from 26.37 to 6,239.43. According to the industry distribution chart, Ops Italia SpA ranks #18 out of 481 companies in the Utilities - Regulated industry, placing it in the top 3.7%.
Is Ops Italia SpA's Days Payable too high?
Ops Italia SpA's current Days Payable of 2,028.33 is 41% below median its 10-year median of 3,440.29. Over the past 10 years, this metric has ranged from a low of 26.37 to a high of 6,239.43. The Utilities - Regulated industry median Days Payable is 70.61. Ops Italia SpA's value of 2,028.33 is 2772.6% above this industry median. Based on the distribution chart, Ops Italia SpA ranks #18 out of 481 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers.
How does Ops Italia SpA's Days Payable compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Ops Italia SpA ranks #18 out of 481 companies for Days Payable. This places Ops Italia SpA in the top 4% of its industry — outperforming the majority of peers. The industry median Days Payable is 70.61. Ops Italia SpA's value of 2,028.33 is 2772.6% above this benchmark. Historically, Ops Italia SpA's own Days Payable has ranged from 26.37 to 6,239.43 over the past decade. While the company's 10-year median is 3,440.29 vs. the industry median of 70.61, Ops Italia SpA has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.61, based on 481 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ops Italia SpA's current Days Payable of 2,028.33 is 2772.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ops Italia SpA and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ops Italia SpA's current Days Payable is 2,028.33, which is 41% below median its own 10-year median of 3,440.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ops Italia SpA stock overvalued right now?
Based on GuruFocus' analysis, Ops Italia SpA (MIL:OPS) is currently considered Possible Value Trap. The stock's GF Value™ is €0.40, compared to a current price of €0.10 — trading 75% below its estimated fair value. The current Days Payable is 2,028.33, which is 41% below median its 10-year median of 3,440.29 and 2772.6% above the Utilities - Regulated industry median of 70.61. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Ops Italia SpA (MIL:OPS), the current Days Payable is 2,028.33 as of Jun. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ops Italia SpA Business Description

Address Via Ariberto 21, Milan, ITA, 20123
Ops Italia SpA is a holding company specializing in the wholesale distribution of natural gas. The company also operates as an IPP (Independent Power Producer) of energy from photovoltaic renewable sources. The company has three sectors: Electricity; Natural gas; and Alternative energy vectors.