Piquadro SpA (MIL:PQ) Days Payable : 122.26 (As of Sep. 2023)

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What is Piquadro SpA Days Payable?

Piquadro SpA's average Accounts Payable for the six months ended in Sep. 2023 was €34.6 Mil. Piquadro SpA's Cost of Goods Sold for the six months ended in Sep. 2023 was €51.7 Mil. Hence, Piquadro SpA's Days Payable for the six months ended in Sep. 2023 was 122.26.

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

MIL:PQ' s Days Payable Range Over the Past 10 Years
Min: 96.58 Med: 121.59 Max: 176.32
Current: 116.74

During the past 13 years, Piquadro SpA's highest Days Payable was 176.32. The lowest was 96.58. And the median was 121.59.

MIL:PQ's Days Payable is ranked better than
82.55% of 1020 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.16 vs MIL:PQ: 116.74

Piquadro SpA's Days Payable declined from Sep. 2022 (150.32) to Sep. 2023 (122.26). It may suggest that Piquadro SpA accelerated paying its suppliers.

Piquadro SpA Days Payable Historical Data

The historical data trend for Piquadro 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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Piquadro SpA Days Payable Chart

Piquadro SpA Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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136.43

176.32

154.28

134.15

119.98

Piquadro SpA Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial															141.64	150.32	121.26	122.26	108.71

Competitive Comparison of Piquadro SpA's Days Payable

For the Footwear & Accessories subindustry, Piquadro 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.

Piquadro SpA's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Piquadro SpA's Days Payable distribution charts can be found below:

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

Piquadro 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.

Piquadro SpA's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (41.401	+	36.233)	/	2 )	/	105.612	*	365
=	38.817					/	105.612	*	365
=	134.15

Piquadro SpA's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (36.233	+	32.978)	/	2 )	/	51.656	*	365 / 2
=	34.6055					/	51.656	*	365 / 2
=	122.26

Piquadro SpA Days Payable Related Terms

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Piquadro SpA (MIL:PQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Piquadro SpA (MIL:PQ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

4LZ:Germany

Address

Localita Sassuriano, 246, Silla di Gaggio Montano, Bologna, ITA, 40041

Website

https://www.piquadro.com

Piquadro SpA operates in the leather goods market. The company designs, manufactures and markets goods under its own brand name. Its products include women's bags, travel bags, briefcases, belts, wallets, key rings, cigar cases among others. The company's operating segment includes Piquadro; The Bridge and Lancel. It generates maximum revenue from the Lancel segment. Geographically, it derives a majority of revenue from Europe and also has a presence in Italy and the Rest of the World.

Piquadro SpA (MIL:PQ) Headlines

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