Valtecne SPA (MIL:VLT) Days Payable : 170.26 (As of Jun. 2023)

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What is Valtecne SPA Days Payable?

Valtecne SPA's average Accounts Payable for the six months ended in Jun. 2023 was €7.21 Mil. Valtecne SPA's Cost of Goods Sold for the six months ended in Jun. 2023 was €7.73 Mil. Hence, Valtecne SPA's Days Payable for the six months ended in Jun. 2023 was 170.26.

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

MIL:VLT' s Days Payable Range Over the Past 10 Years
Min: 167.45 Med: 182.5 Max: 198.9
Current: 198.9

During the past 3 years, Valtecne SPA's highest Days Payable was 198.90. The lowest was 167.45. And the median was 182.50.

MIL:VLT's Days Payable is ranked better than
86.26% of 2932 companies
in the Industrial Products industry
Industry Median: 76.415 vs MIL:VLT: 198.90

Valtecne SPA's Days Payable increased from Jun. 2022 (133.33) to Jun. 2023 (170.26). It may suggest that Valtecne SPA delayed paying its suppliers.

Valtecne SPA Days Payable Historical Data

The historical data trend for Valtecne 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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Valtecne SPA Days Payable Chart

Valtecne SPA Annual Data

Trend

Dec20

Dec21

Dec22

Days Payable

182.50

167.45

195.76

Valtecne SPA Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial			129.79	199.90	133.33	257.92	170.26

Competitive Comparison of Valtecne SPA's Days Payable

For the Specialty Industrial Machinery subindustry, Valtecne 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.

Valtecne SPA's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Valtecne SPA's Days Payable distribution charts can be found below:

* The bar in red indicates where Valtecne SPA's Days Payable falls into.

Valtecne 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.

Valtecne SPA's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (4.539	+	6.532)	/	2 )	/	10.321	*	365
=	5.5355					/	10.321	*	365
=	195.76

Valtecne 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
=	( (6.532	+	7.897)	/	2 )	/	7.733	*	365 / 2
=	7.2145					/	7.733	*	365 / 2
=	170.26

Valtecne SPA Days Payable Related Terms

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