Revenga Ingenieros (XMAD:RSS) Days Payable: 453.67 (As of Jun. 2024)


XMAD:RSS Revenga Ingenieros SA XMAD:RSS
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What is Revenga Ingenieros Days Payable?

Revenga Ingenieros XMAD:RSS 10 Days Payable is 453.67 as of Jun. 2024. GuruFocus rates XMAD:RSS with a GF Score™ of 10/100.

Revenga Ingenieros's average Accounts Payable for the six months ended in Jun. 2024 was €8.78 Mil. Revenga Ingenieros's Cost of Goods Sold for the six months ended in Jun. 2024 was €3.53 Mil. Hence, Revenga Ingenieros's Days Payable for the six months ended in Jun. 2024 was 453.67.

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

XMAD:RSS's Days Payable is not ranked *
in the Software industry.
Industry Median: 53.955
* Ranked among companies with meaningful Days Payable only.

Revenga Ingenieros's Days Payable declined from Jun. 2023 (643.52) to Jun. 2024 (453.67). It may suggest that Revenga Ingenieros accelerated paying its suppliers.

Revenga Ingenieros Days Payable Historical Data

* Premium members only.

The historical data trend for Revenga Ingenieros'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.

Revenga Ingenieros Days Payable Chart

Revenga Ingenieros Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Payable
220.92 158.07 170.52 295.74

Revenga Ingenieros Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24
Days Payable Get a 7-Day Free Trial 0.00 0.00 643.52 149.50 453.67

XMAD:RSS vs IBM, ACN, FI: Days Payable Comparison

For the Information Technology Services subindustry, Revenga Ingenieros'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.

Revenga Ingenieros Days Payable vs Software Industry

For the Software industry and Technology sector, Revenga Ingenieros's Days Payable distribution charts can be found below:

* The bar in red indicates where Revenga Ingenieros's Days Payable falls into.


XMAD:RSS
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Revenga Ingenieros SA XMAD:RSS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Revenga Ingenieros 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.

Revenga Ingenieros'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
=( (14.778 + 8.165) / 2 ) / 14.158*365
=11.4715 / 14.158*365
=295.74

Revenga Ingenieros'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
=( (8.165 + 9.39) / 2 ) / 3.531*365 / 2
=8.7775 / 3.531*365 / 2
=453.67

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 453.67 mean?
Revenga Ingenieros (XMAD:RSS) has a Days Payable of 453.67 as of Jun. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Revenga Ingenieros and its competitors.
Is Revenga Ingenieros' Days Payable too high?
Revenga Ingenieros' current Days Payable is 453.67. The Software industry median Days Payable is 53.96. Revenga Ingenieros' value of 453.67 is 740.8% above this industry median. Overall, Revenga Ingenieros has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Revenga Ingenieros' Days Payable compare to IBM and ACN?
Revenga Ingenieros' Days Payable of 453.67 can be compared against companies in the Software industry. The industry median Days Payable is 53.96. Revenga Ingenieros' value of 453.67 is 740.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Software company?
The median Days Payable among Software companies is 53.96, based on 2,604 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Revenga Ingenieros's current Days Payable of 453.67 is 740.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Revenga Ingenieros and its competitors. For the Software industry, the median Days Payable is 53.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Revenga Ingenieros's current Days Payable is 453.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Revenga Ingenieros stock overvalued right now?
Revenga Ingenieros (XMAD:RSS) has a current Days Payable of 453.67. The current Days Payable is 453.67 and 740.8% above the Software industry median of 53.96. Revenga Ingenieros' overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Revenga Ingenieros (XMAD:RSS), the current Days Payable is 453.67 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Revenga Ingenieros Business Description

Address Calle Fragua 6, Tres Cantos, Madrid, ESP, 28760
Revenga Ingenieros SA is a company engaged in the development of comprehensive solutions for telecommunications, information technologies, electronic security and railway systems. The technologies that support the company's activity are grouped into four parts such as Railway systems includes point heaters, level crossing protection, train monitoring systems, etc, Telecommunications networks includes implementing all types of telecommunications networks, both passive elements and equipment (SDH, DWDM, MPLS, WIFI/WIMAX, LTE, etc.). Information technologies provides voice, data and video solutions and Electronic security involves access management and detection through RFID, video surveillance, video analysis, biometrics, vehicle identification, detector systems, etc.
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