Almawave SpA (MIL:AIW) Days Payable : 229.84 (As of Dec. 2023)

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What is Almawave SpA Days Payable?

Almawave SpA's average Accounts Payable for the six months ended in Dec. 2023 was €33.49 Mil. Almawave SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €26.59 Mil. Hence, Almawave SpA's Days Payable for the six months ended in Dec. 2023 was 229.84.

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

MIL:AIW' s Days Payable Range Over the Past 10 Years
Min: 246.4 Med: 265.08 Max: 349.33
Current: 257.29

During the past 7 years, Almawave SpA's highest Days Payable was 349.33. The lowest was 246.40. And the median was 265.08.

MIL:AIW's Days Payable is ranked better than
86.37% of 2531 companies
in the Software industry
Industry Median: 50.36 vs MIL:AIW: 257.29

Almawave SpA's Days Payable declined from Dec. 2022 (312.57) to Dec. 2023 (229.84). It may suggest that Almawave SpA accelerated paying its suppliers.

Almawave SpA Days Payable Historical Data

The historical data trend for Almawave 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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Almawave SpA Days Payable Chart

Almawave SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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247.29

304.84

349.33

301.94

253.57

Almawave SpA Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial						332.42	326.10	312.57	299.98	229.84

Competitive Comparison of Almawave SpA's Days Payable

For the Information Technology Services subindustry, Almawave 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.

Almawave SpA's Days Payable Distribution in the Software Industry

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

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

Almawave 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.

Almawave 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
=	( (29.615	+	33.849)	/	2 )	/	45.677	*	365
=	31.732					/	45.677	*	365
=	253.57

Almawave 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
=	( (33.129	+	33.849)	/	2 )	/	26.591	*	365 / 2
=	33.489					/	26.591	*	365 / 2
=	229.84

Almawave SpA Days Payable Related Terms

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Almawave SpA (MIL:AIW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Almawave SpA (MIL:AIW) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

101:Germany

Address

188/190, Via di Casal Boccone, Rome, ITA, 00137

Website

https://www.almawave.com/en

Almawave SpA is an Italian player in artificial intelligence and natural language analysis. It brings breed technologies and exhaustive Big data-oriented services to support the digital enhancement of enterprises and public administrations. The company's platform leverages cutting-edge proprietary technologies and applied services for Big Data, Data Science, Machine Learning, AI Architecture, and Integration, to interpret text and voice in over 30 languages, interacting in multi-channel mode, analyzing data and information with a view to knowledge development and automation.

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