Autostrade Meridionali (MIL:AUTME) Days Payable : 2,243.89 (As of Dec. 2023)

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What is Autostrade Meridionali Days Payable?

Autostrade Meridionali's average Accounts Payable for the six months ended in Dec. 2023 was €7.27 Mil. Autostrade Meridionali's Cost of Goods Sold for the six months ended in Dec. 2023 was €0.59 Mil. Hence, Autostrade Meridionali's Days Payable for the six months ended in Dec. 2023 was 2,243.89.

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

MIL:AUTME' s Days Payable Range Over the Past 10 Years
Min: 418.98 Med: 522.28 Max: 3706.48
Current: 3698.38

During the past 13 years, Autostrade Meridionali's highest Days Payable was 3706.48. The lowest was 418.98. And the median was 522.28.

MIL:AUTME's Days Payable is ranked better than
99.13% of 1606 companies
in the Construction industry
Industry Median: 73.785 vs MIL:AUTME: 3698.38

Autostrade Meridionali's Days Payable declined from Dec. 2022 (2,386.75) to Dec. 2023 (2,243.89). It may suggest that Autostrade Meridionali accelerated paying its suppliers.

Autostrade Meridionali Days Payable Historical Data

The historical data trend for Autostrade Meridionali'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.

* Premium members only.

Autostrade Meridionali Days Payable Chart

Autostrade Meridionali Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

486.22

418.98

426.21

1,071.49

3,706.48

Autostrade Meridionali 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															303.95	575.52	2,386.75	5,097.31	2,243.89

Competitive Comparison of Autostrade Meridionali's Days Payable

For the Engineering & Construction subindustry, Autostrade Meridionali'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.

Autostrade Meridionali's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Autostrade Meridionali's Days Payable distribution charts can be found below:

* The bar in red indicates where Autostrade Meridionali's Days Payable falls into.

Autostrade Meridionali 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.

Autostrade Meridionali'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
=	( (22.005	+	2.407)	/	2 )	/	1.202	*	365
=	12.206					/	1.202	*	365
=	3,706.48

Autostrade Meridionali'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
=	( (12.126	+	2.407)	/	2 )	/	0.591	*	365 / 2
=	7.2665					/	0.591	*	365 / 2
=	2,243.89

Autostrade Meridionali Days Payable Related Terms

Thank you for viewing the detailed overview of Autostrade Meridionali's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Autostrade Meridionali (MIL:AUTME) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Autostrade Meridionali (MIL:AUTME) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Giovanni Porzio, 4, Napoli, NA, ITA, 80143

Website

http://www.autostrademeridionali.it

Autostrade Meridionali is an Italy based company engaged in the maintenance of the A3 Napoli-Salerno motorway. Its activities include the maintenance of flooring, green works, road markings and signs, plants, tracks, and station buildings.

Autostrade Meridionali (MIL:AUTME) Headlines

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