Saccheria Flli Franceschetti SpA (MIL:SAC) Days Payable : 70.93 (As of Jun. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Saccheria Flli Franceschetti SpA Days Payable?

Saccheria Flli Franceschetti SpA's average Accounts Payable for the six months ended in Jun. 2024 was €2.83 Mil. Saccheria Flli Franceschetti SpA's Cost of Goods Sold for the six months ended in Jun. 2024 was €7.28 Mil. Hence, Saccheria Flli Franceschetti SpA's Days Payable for the six months ended in Jun. 2024 was 70.93.

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

MIL:SAC' s Days Payable Range Over the Past 10 Years
Min: 46.84 Med: 50.74 Max: 64.75
Current: 64.45

During the past 4 years, Saccheria Flli Franceschetti SpA's highest Days Payable was 64.75. The lowest was 46.84. And the median was 50.74.

MIL:SAC's Days Payable is ranked better than
55.24% of 382 companies
in the Packaging & Containers industry
Industry Median: 58.46 vs MIL:SAC: 64.45

Saccheria Flli Franceschetti SpA's Days Payable increased from Jun. 2023 (48.18) to Jun. 2024 (70.93). It may suggest that Saccheria Flli Franceschetti SpA delayed paying its suppliers.

Saccheria Flli Franceschetti SpA Days Payable Historical Data

The historical data trend for Saccheria Flli Franceschetti 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.

Saccheria Flli Franceschetti SpA Days Payable Chart

Saccheria Flli Franceschetti SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

46.84

51.46

50.02

64.75

Saccheria Flli Franceschetti SpA Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial			54.09	64.52	48.18	58.89	70.93

Competitive Comparison of Saccheria Flli Franceschetti SpA's Days Payable

For the Packaging & Containers subindustry, Saccheria Flli Franceschetti 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.

Saccheria Flli Franceschetti SpA's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Saccheria Flli Franceschetti SpA's Days Payable distribution charts can be found below:

* The bar in red indicates where Saccheria Flli Franceschetti SpA's Days Payable falls into.

Save Embed

;

Save Embed

;

Saccheria Flli Franceschetti 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.

Saccheria Flli Franceschetti 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
=	( (2.511	+	2.548)	/	2 )	/	14.258	*	365
=	2.5295					/	14.258	*	365
=	64.75

Saccheria Flli Franceschetti SpA's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (2.548	+	3.11)	/	2 )	/	7.279	*	365 / 2
=	2.829					/	7.279	*	365 / 2
=	70.93

Saccheria Flli Franceschetti SpA Days Payable Related Terms

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

Saccheria Flli Franceschetti SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Saccheria Flli Franceschetti SpA (MIL:SAC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Stazione Vecchia, 80, Provaglio d'Iseo, Brescia, ITA, 25050

Website

https://www.saccheriafranceschetti.com

Saccheria Flli Franceschetti SpA operates in the Packaging and Containers industry. It designs, manufactures, and markets sacks and big bags and packing cloths big bags, small bags, box bags, fertilizer bags, couriers, and fabrics, intended for collection.

Saccheria Flli Franceschetti SpA Headlines

No Headlines