TMP Group SpA (MIL:TMP) Days Payable : 0.00 (As of Jun. 2023)

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What is TMP Group SpA Days Payable?

TMP Group SpA's average Accounts Payable for the three months ended in Jun. 2023 was €1.46 Mil. TMP Group SpA's Cost of Goods Sold for the three months ended in Jun. 2023 was €0.00 Mil.

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

MIL:TMP' s Days Payable Range Over the Past 10 Years
Min: 168.16 Med: 180.28 Max: 375.85
Current: 375.85

During the past 3 years, TMP Group SpA's highest Days Payable was 375.85. The lowest was 168.16. And the median was 180.28.

MIL:TMP's Days Payable is ranked better than
87.92% of 927 companies
in the Media - Diversified industry
Industry Median: 79.27 vs MIL:TMP: 375.85

TMP Group SpA's Days Payable declined from Dec. 2021 (197.95) to Jun. 2023 (0.00). It may suggest that TMP Group SpA accelerated paying its suppliers.

TMP Group SpA Days Payable Historical Data

The historical data trend for TMP Group 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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TMP Group SpA Days Payable Chart

TMP Group SpA Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

182.70

180.28

168.16

TMP Group SpA Quarterly Data
	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			-	161.14	184.02	-	-

Competitive Comparison of TMP Group SpA's Days Payable

For the Advertising Agencies subindustry, TMP Group 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.

TMP Group SpA's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, TMP Group SpA's Days Payable distribution charts can be found below:

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

TMP Group 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.

TMP Group 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
=	( (1.637	+	1.835)	/	2 )	/	3.768	*	365
=	1.736					/	3.768	*	365
=	168.16

TMP Group SpA'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
=	( (1.637	+	1.273)	/	2 )	/	0	*	365 / 4
=	1.455					/	0	*	365 / 4
=	N/A

TMP Group SpA Days Payable Related Terms

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TMP Group SpA (MIL:TMP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » TMP Group SpA (MIL:TMP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Tortona, 27, Milan, ITA, 20144

Website

https://www.tmpgroup.it

TMP Group SpA operates as a media company. It supports companies in the Manufactory, Fin-tech, Sport, and Fashion and Design industries in the management of positioning projects, business innovation, identity, and digital transformation through Digital Marketing, Experience and Events, Production, and Metaverse and NFT activities.