Ferretti SpA (MIL:YACHT) Days Payable : 163.42 (As of Jun. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Ferretti SpA Days Payable?

Ferretti SpA's average Accounts Payable for the six months ended in Jun. 2024 was €404 Mil. Ferretti SpA's Cost of Goods Sold for the six months ended in Jun. 2024 was €451 Mil. Hence, Ferretti SpA's Days Payable for the six months ended in Jun. 2024 was 163.42.

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

MIL:YACHT' s Days Payable Range Over the Past 10 Years
Min: 131.42 Med: 160.68 Max: 183.54
Current: 164.9

During the past 6 years, Ferretti SpA's highest Days Payable was 183.54. The lowest was 131.42. And the median was 160.68.

MIL:YACHT's Days Payable is ranked better than
87.79% of 1278 companies
in the Vehicles & Parts industry
Industry Median: 65.905 vs MIL:YACHT: 164.90

Ferretti SpA's Days Payable increased from Jun. 2023 (143.91) to Jun. 2024 (163.42). It may suggest that Ferretti SpA delayed paying its suppliers.

Ferretti SpA Days Payable Historical Data

The historical data trend for Ferretti 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.

Ferretti SpA Days Payable Chart

Ferretti SpA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

176.32

191.55

127.12

131.90

157.65

Ferretti SpA Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial					132.09	157.66	143.91	169.07	163.42

Competitive Comparison of Ferretti SpA's Days Payable

For the Recreational Vehicles subindustry, Ferretti 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.

Ferretti SpA's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ferretti SpA's Days Payable distribution charts can be found below:

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

Ferretti 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.

Ferretti 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
=	( (289.653	+	393.915)	/	2 )	/	791.332	*	365
=	341.784					/	791.332	*	365
=	157.65

Ferretti 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
=	( (393.915	+	413.732)	/	2 )	/	450.972	*	365 / 2
=	403.8235					/	450.972	*	365 / 2
=	163.42

Ferretti SpA Days Payable Related Terms

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

Ferretti SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ferretti SpA (MIL:YACHT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

09638:Hong Kong F3T1:Germany

Address

Via Ansaldo, 7, Forli, ITA, 47122

Website

https://www.ferrettigroup.com

Ferretti SpA is an Italy based company. The company is engaged in the Sale of yachts to order (sale of composite yachts, made-to-measure yachts and super yachts) and the Sale of used boats.

Ferretti SpA Headlines

No Headlines