Toscana Aeroporti SpA (MIL:TYA) Days Payable : 218.42 (As of Dec. 2023)

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What is Toscana Aeroporti SpA Days Payable?

Toscana Aeroporti SpA's average Accounts Payable for the three months ended in Dec. 2023 was €35.5 Mil. Toscana Aeroporti SpA's Cost of Goods Sold for the three months ended in Dec. 2023 was €14.8 Mil. Hence, Toscana Aeroporti SpA's Days Payable for the three months ended in Dec. 2023 was 218.42.

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

MIL:TYA' s Days Payable Range Over the Past 10 Years
Min: 73.99 Med: 104.3 Max: 179.01
Current: 133.93

During the past 13 years, Toscana Aeroporti SpA's highest Days Payable was 179.01. The lowest was 73.99. And the median was 104.30.

MIL:TYA's Days Payable is ranked better than
88.37% of 929 companies
in the Transportation industry
Industry Median: 39.02 vs MIL:TYA: 133.93

Toscana Aeroporti SpA's Days Payable declined from Dec. 2022 (675.94) to Dec. 2023 (218.42). It may suggest that Toscana Aeroporti SpA accelerated paying its suppliers.

Toscana Aeroporti SpA Days Payable Historical Data

The historical data trend for Toscana Aeroporti 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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Toscana Aeroporti SpA Days Payable Chart

Toscana Aeroporti SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

107.86

153.59

179.01

167.91

145.01

Toscana Aeroporti SpA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															675.94	137.88	113.32	98.31	218.42

Competitive Comparison of Toscana Aeroporti SpA's Days Payable

For the Airports & Air Services subindustry, Toscana Aeroporti 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.

Toscana Aeroporti SpA's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Toscana Aeroporti SpA's Days Payable distribution charts can be found below:

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

Toscana Aeroporti 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.

Toscana Aeroporti 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
=	( (36.703	+	35.595)	/	2 )	/	90.99	*	365
=	36.149					/	90.99	*	365
=	145.01

Toscana Aeroporti SpA's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (35.473	+	35.595)	/	2 )	/	14.845	*	365 / 4
=	35.534					/	14.845	*	365 / 4
=	218.42

Toscana Aeroporti SpA Days Payable Related Terms

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Toscana Aeroporti SpA (MIL:TYA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Toscana Aeroporti SpA (MIL:TYA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via del Termine n. 11, Florence, ITA, 50127

Website

http://www.toscana-aeroporti.com

Toscana Aeroporti S.p.A. is engaged in the management of the airport of Pisa and Florence in Italy. The company manages handling activities and provides warehousing, freight forwarding, and air courier services.

Toscana Aeroporti SpA (MIL:TYA) Headlines

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