TSMCF (Tesmec SpA) Days Payable : 229.00 (As of Sep. 2024)

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What is Tesmec SpA Days Payable?

Tesmec SpA's average Accounts Payable for the three months ended in Sep. 2024 was $96.3 Mil. Tesmec SpA's Cost of Goods Sold for the three months ended in Sep. 2024 was $38.4 Mil. Hence, Tesmec SpA's Days Payable for the three months ended in Sep. 2024 was 229.00.

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

TSMCF' s Days Payable Range Over the Past 10 Years
Min: 125.18 Med: 173.05 Max: 208.93
Current: 186.2

During the past 13 years, Tesmec SpA's highest Days Payable was 208.93. The lowest was 125.18. And the median was 173.05.

TSMCF's Days Payable is ranked better than
84.26% of 2929 companies
in the Industrial Products industry
Industry Median: 75.78 vs TSMCF: 186.20

Tesmec SpA's Days Payable declined from Sep. 2023 (249.00) to Sep. 2024 (229.00). It may suggest that Tesmec SpA accelerated paying its suppliers.

Tesmec SpA Days Payable Historical Data

The historical data trend for Tesmec 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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Tesmec SpA Days Payable Chart

Tesmec SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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179.52

187.53

217.30

199.72

182.92

Tesmec SpA Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															249.00	165.24	325.70	125.93	229.00

Competitive Comparison of Tesmec SpA's Days Payable

For the Specialty Industrial Machinery subindustry, Tesmec 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.

Tesmec SpA's Days Payable Distribution in the Industrial Products Industry

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

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

Tesmec 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.

Tesmec 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
=	( (78.578	+	90.34)	/	2 )	/	168.529	*	365
=	84.459					/	168.529	*	365
=	182.92

Tesmec SpA's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (96.766	+	95.838)	/	2 )	/	38.374	*	365 / 4
=	96.302					/	38.374	*	365 / 4
=	229.00

Tesmec SpA Days Payable Related Terms

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Tesmec SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tesmec SpA (OTCPK:TSMCF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TES:Italy 2GV:Germany

Address

Via Zanica 17/O, Grassobbio, Bergamo, ITA, 24050

Website

https://www.tesmec.com

Tesmec SpA manufactures and sells products, technologies, and integrated solutions for the construction, maintenance, and efficiency of infrastructures. related to the transport and distribution of energy, data, and material (oil and derivatives, gas, water) like overhead and underground networks, traditional and high-speed railway lines, energy cables, and pipelines. Its operating segments are the Energy segment, the Trencher segment, and the Rail segment. The majority of the company's revenue is generated from the Trencher segment.

Tesmec SpA Headlines

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