Tamburi Investment Partners SpA (MIL:TIP) Days Payable : 9.50 (As of Mar. 2024)

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What is Tamburi Investment Partners SpA Days Payable?

Tamburi Investment Partners SpA's average Accounts Payable for the three months ended in Mar. 2024 was €0.62 Mil. Tamburi Investment Partners SpA's Cost of Goods Sold for the three months ended in Mar. 2024 was €5.95 Mil. Hence, Tamburi Investment Partners SpA's Days Payable for the three months ended in Mar. 2024 was 9.50.

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

MIL:TIP' s Days Payable Range Over the Past 10 Years
Min: 6.26 Med: 37.59 Max: 176.42
Current: 40.67

During the past 13 years, Tamburi Investment Partners SpA's highest Days Payable was 176.42. The lowest was 6.26. And the median was 37.59.

MIL:TIP's Days Payable is ranked worse than
68.09% of 467 companies
in the Asset Management industry
Industry Median: 73 vs MIL:TIP: 40.67

Tamburi Investment Partners SpA's Days Payable declined from Mar. 2023 (13.77) to Mar. 2024 (9.50). It may suggest that Tamburi Investment Partners SpA accelerated paying its suppliers.

Tamburi Investment Partners SpA Days Payable Historical Data

The historical data trend for Tamburi Investment Partners 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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Tamburi Investment Partners SpA Days Payable Chart

Tamburi Investment Partners SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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55.80

57.11

21.65

38.06

37.12

Tamburi Investment Partners SpA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															13.77	-	4.38	-	9.50

Competitive Comparison of Tamburi Investment Partners SpA's Days Payable

For the Asset Management subindustry, Tamburi Investment Partners 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.

Tamburi Investment Partners SpA's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Tamburi Investment Partners SpA's Days Payable distribution charts can be found below:

* The bar in red indicates where Tamburi Investment Partners SpA's Days Payable falls into.

Tamburi Investment Partners 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.

Tamburi Investment Partners 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
=	( (0.698	+	0.541)	/	2 )	/	6.092	*	365
=	0.6195					/	6.092	*	365
=	37.12

Tamburi Investment Partners SpA's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0.541	+	0.698)	/	2 )	/	5.953	*	365 / 4
=	0.6195					/	5.953	*	365 / 4
=	9.50

Tamburi Investment Partners SpA Days Payable Related Terms

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Tamburi Investment Partners SpA (MIL:TIP) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

0G9J:UK T1I:Germany

Address

Via Pontaccio 10, Milan, ITA, 20121

Website

https://www.tipspa.it

Tamburi Investment Partners SpA is an independent investment merchant bank. It is engaged in minority investments and advisory in corporate finance transactions. The company involves in listed and unlisted companies as a shareholder for the transactions below certain benchmarks and also in corporate finance operations in particular acquisitions and sales through the division.