Caltagirone SpA (MIL:CALT) Days Payable : 176.18 (As of Dec. 2023)

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What is Caltagirone SpA Days Payable?

Caltagirone SpA's average Accounts Payable for the six months ended in Dec. 2023 was €356 Mil. Caltagirone SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €369 Mil. Hence, Caltagirone SpA's Days Payable for the six months ended in Dec. 2023 was 176.18.

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

MIL:CALT' s Days Payable Range Over the Past 10 Years
Min: 164.25 Med: 219.59 Max: 316.59
Current: 183.61

During the past 13 years, Caltagirone SpA's highest Days Payable was 316.59. The lowest was 164.25. And the median was 219.59.

MIL:CALT's Days Payable is ranked better than
86.76% of 370 companies
in the Building Materials industry
Industry Median: 67.875 vs MIL:CALT: 183.61

Caltagirone SpA's Days Payable increased from Dec. 2022 (160.64) to Dec. 2023 (176.18). It may suggest that Caltagirone SpA delayed paying its suppliers.

Caltagirone SpA Days Payable Historical Data

The historical data trend for Caltagirone 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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Caltagirone SpA Days Payable Chart

Caltagirone SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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218.57

203.70

194.27

164.25

196.94

Caltagirone SpA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															191.44	152.95	160.64	177.69	176.18

Competitive Comparison of Caltagirone SpA's Days Payable

For the Building Materials subindustry, Caltagirone 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.

Caltagirone SpA's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Caltagirone SpA's Days Payable distribution charts can be found below:

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

Caltagirone 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.

Caltagirone 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
=	( (413.605	+	390.924)	/	2 )	/	745.543	*	365
=	402.2645					/	745.543	*	365
=	196.94

Caltagirone SpA's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (320.582	+	390.924)	/	2 )	/	368.513	*	365 / 2
=	355.753					/	368.513	*	365 / 2
=	176.18

Caltagirone SpA Days Payable Related Terms

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Caltagirone SpA (MIL:CALT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Caltagirone SpA (MIL:CALT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Barberini, 28, Roma, ITA, 00187

Website

http://www.caltagironespa.it

Caltagirone SpA is a holding company which owns the Group's activities in the areas of large construction projects, cement, real estate, finance, and publishing. It generates a majority of its revenue from cement. Geographically operates through the region of Italy.