Elica SpA (LTS:0EA2) Days Payable : 182.20 (As of Dec. 2023)

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What is Elica SpA Days Payable?

Elica SpA's average Accounts Payable for the six months ended in Dec. 2023 was €123.1 Mil. Elica SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €123.3 Mil. Hence, Elica SpA's Days Payable for the six months ended in Dec. 2023 was 182.20.

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

LTS:0EA2' s Days Payable Range Over the Past 10 Years
Min: 148.65 Med: 166.03 Max: 183.12
Current: 176.24

During the past 13 years, Elica SpA's highest Days Payable was 183.12. The lowest was 148.65. And the median was 166.03.

LTS:0EA2's Days Payable is ranked better than
91.56% of 403 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 69.13 vs LTS:0EA2: 176.24

Elica SpA's Days Payable declined from Dec. 2022 (188.86) to Dec. 2023 (182.20). It may suggest that Elica SpA accelerated paying its suppliers.

Elica SpA Days Payable Historical Data

The historical data trend for Elica 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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Elica SpA Days Payable Chart

Elica SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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155.95

183.12

170.26

163.21

168.99

Elica 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															161.15	181.95	188.86	177.86	182.20

Competitive Comparison of Elica SpA's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Elica 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.

Elica SpA's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Elica SpA's Days Payable distribution charts can be found below:

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

Elica 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.

Elica 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
=	( (139.571	+	107.025)	/	2 )	/	266.308	*	365
=	123.298					/	266.308	*	365
=	168.99

Elica 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
=	( (139.168	+	107.025)	/	2 )	/	123.301	*	365 / 2
=	123.0965					/	123.301	*	365 / 2
=	182.20

Elica SpA Days Payable Related Terms

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Elica SpA (LTS:0EA2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Elica SpA (LTS:0EA2) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ELC:Italy

Address

Via Ermanno Casoli No, 2, Fabriano, Ancona, ITA, 60044

Website

https://www.elica.com

Elica SpA is engaged in the design, manufacturing, and sale of kitchen range hoods for domestic use as well as design, manufacture, and sale of motors for central heating boilers. In addition, the company produces and sells hobs, ovens, and sterilizers. The company offers its products under the Elica, Gutmann, Turboair, Jetair, Ariafina, Arietta, Puti, and Fime brand names. Geographically the business activity functions through the region of Europe + CIS (Russia), America, and Asia, and the Rest of the World.

Elica SpA (LTS:0EA2) Headlines

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