TrenDevice SpA (MIL:TD) Days Payable: 32.47 (As of Jun. 2024)


What is TrenDevice SpA Days Payable?

TrenDevice SpA MIL:TD Days Payable is 32.47 as of Jun. 2024.

TrenDevice SpA's average Accounts Payable for the six months ended in Jun. 2024 was €1.15 Mil. TrenDevice SpA's Cost of Goods Sold for the six months ended in Jun. 2024 was €6.45 Mil. Hence, TrenDevice SpA's Days Payable for the six months ended in Jun. 2024 was 32.47.

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

MIL:TD's Days Payable is not ranked *
in the Retail - Cyclical industry.
Industry Median: 51.625
* Ranked among companies with meaningful Days Payable only.

TrenDevice SpA's Days Payable increased from Jun. 2023 (26.24) to Jun. 2024 (32.47). It may suggest that TrenDevice SpA delayed paying its suppliers.

TrenDevice SpA Days Payable Historical Data

* Premium members only.

The historical data trend for TrenDevice 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.

TrenDevice SpA Days Payable Chart

TrenDevice SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 26.67 38.98 19.46 13.20 28.54

TrenDevice SpA Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.08 14.88 26.24 26.91 32.47

MIL:TD vs TSCO, ULTA, WSM: Days Payable Comparison

For the Specialty Retail subindustry, TrenDevice 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.

TrenDevice SpA Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, TrenDevice SpA's Days Payable distribution charts can be found below:

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


TrenDevice 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.

TrenDevice 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
=( (0.768 + 1.577) / 2 ) / 14.995*365
=1.1725 / 14.995*365
=28.54

TrenDevice 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
=( (1.577 + 0.717) / 2 ) / 6.447*365 / 2
=1.147 / 6.447*365 / 2
=32.47

* 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 32.47 mean?
TrenDevice SpA (MIL:TD) has a Days Payable of 32.47 as of Jun. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on TrenDevice SpA and its competitors.
Is TrenDevice SpA's Days Payable too high?
TrenDevice SpA's current Days Payable is 32.47. The Retail - Cyclical industry median Days Payable is 51.63. TrenDevice SpA's value of 32.47 is 37.1% below this industry median.
How does TrenDevice SpA's Days Payable compare to TSCO and ULTA?
TrenDevice SpA's Days Payable of 32.47 can be compared against companies in the Retail - Cyclical industry. The industry median Days Payable is 51.63. TrenDevice SpA's value of 32.47 is 37.1% below this benchmark. 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 a Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.63, based on 1,098 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. TrenDevice SpA's current Days Payable of 32.47 is 37.1% below 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 TrenDevice SpA and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TrenDevice SpA's current Days Payable is 32.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TrenDevice SpA stock overvalued right now?
TrenDevice SpA (MIL:TD) has a current Days Payable of 32.47. The current Days Payable is 32.47 and 37.1% below the Retail - Cyclical industry median of 51.63. 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 TrenDevice SpA (MIL:TD), the current Days Payable is 32.47 as of Jun. 2024. 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.

TrenDevice SpA Business Description

Address Via Niccolo Copernico 38, Milan, ITA, 20125
TrenDevice SpA is engaged in the refurbishing and marketing of electronic products such as computers, smartphones, tablets, smartwatches, and others. It also offers maintenance and repair services.