Compagnia Dei Caraibi SpA (MIL:1 TIME) Days Payable : 89.93 (As of Jun. 2023)

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What is Compagnia Dei Caraibi SpA Days Payable?

Compagnia Dei Caraibi SpA's average Accounts Payable for the six months ended in Jun. 2023 was €11.13 Mil. Compagnia Dei Caraibi SpA's Cost of Goods Sold for the six months ended in Jun. 2023 was €22.58 Mil. Hence, Compagnia Dei Caraibi SpA's Days Payable for the six months ended in Jun. 2023 was 89.93.

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

MIL:1 TIME' s Days Payable Range Over the Past 10 Years
Min: 64.74 Med: 78.97 Max: 97.94
Current: 82.42

During the past 4 years, Compagnia Dei Caraibi SpA's highest Days Payable was 97.94. The lowest was 64.74. And the median was 78.97.

MIL:1 TIME's Days Payable is ranked better than
50.73% of 205 companies
in the Beverages - Alcoholic industry
Industry Median: 80.27 vs MIL:1 TIME: 82.42

Compagnia Dei Caraibi SpA's Days Payable increased from Jun. 2022 (66.15) to Jun. 2023 (89.93). It may suggest that Compagnia Dei Caraibi SpA delayed paying its suppliers.

Compagnia Dei Caraibi SpA Days Payable Historical Data

The historical data trend for Compagnia Dei Caraibi 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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Compagnia Dei Caraibi SpA Days Payable Chart

Compagnia Dei Caraibi SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Payable

87.11

97.94

70.82

64.74

Compagnia Dei Caraibi SpA Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial			86.70	62.01	66.15	66.13	89.93

Competitive Comparison of Compagnia Dei Caraibi SpA's Days Payable

For the Beverages - Wineries & Distilleries subindustry, Compagnia Dei Caraibi 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.

Compagnia Dei Caraibi SpA's Days Payable Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Compagnia Dei Caraibi SpA's Days Payable distribution charts can be found below:

* The bar in red indicates where Compagnia Dei Caraibi SpA's Days Payable falls into.

Compagnia Dei Caraibi 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.

Compagnia Dei Caraibi SpA's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (6.409	+	7.963)	/	2 )	/	40.512	*	365
=	7.186					/	40.512	*	365
=	64.74

Compagnia Dei Caraibi SpA's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (7.963	+	14.287)	/	2 )	/	22.577	*	365 / 2
=	11.125					/	22.577	*	365 / 2
=	89.93

Compagnia Dei Caraibi SpA Days Payable Related Terms

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Compagnia Dei Caraibi SpA (MIL:1 TIME) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Compagnia Dei Caraibi SpA (MIL:1 TIME) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Ribes, 3, Colleretto Giacosa, ITA, 10100

Website

https://www.compagniadeicaraibi.com

Compagnia Dei Caraibi SpA is engaged in the import, development, brand building and distribution of premium spirits, wines and soft drinks premium and ultra premium from all over the world.

Compagnia Dei Caraibi SpA (MIL:1 TIME) Headlines

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