Cembre SpA (MIL:CMB) Days Payable : 56.52 (As of Mar. 2024)

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What is Cembre SpA Days Payable?

Cembre SpA's average Accounts Payable for the three months ended in Mar. 2024 was €16.3 Mil. Cembre SpA's Cost of Goods Sold for the three months ended in Mar. 2024 was €26.3 Mil. Hence, Cembre SpA's Days Payable for the three months ended in Mar. 2024 was 56.52.

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

MIL:CMB' s Days Payable Range Over the Past 10 Years
Min: 59.32 Med: 77.69 Max: 87.03
Current: 59.32

During the past 13 years, Cembre SpA's highest Days Payable was 87.03. The lowest was 59.32. And the median was 77.69.

MIL:CMB's Days Payable is ranked worse than
62.14% of 2937 companies
in the Industrial Products industry
Industry Median: 76.66 vs MIL:CMB: 59.32

Cembre SpA's Days Payable declined from Mar. 2023 (66.16) to Mar. 2024 (56.52). It may suggest that Cembre SpA accelerated paying its suppliers.

Cembre SpA Days Payable Historical Data

The historical data trend for Cembre 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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Cembre SpA Days Payable Chart

Cembre SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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73.47

75.14

67.56

68.41

61.41

Cembre SpA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															66.16	63.81	54.74	50.43	56.52

Competitive Comparison of Cembre SpA's Days Payable

For the Electrical Equipment & Parts subindustry, Cembre 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.

Cembre SpA's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cembre SpA's Days Payable distribution charts can be found below:

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

Cembre 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.

Cembre 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
=	( (18.643	+	14.414)	/	2 )	/	98.242	*	365
=	16.5285					/	98.242	*	365
=	61.41

Cembre SpA's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (14.414	+	18.169)	/	2 )	/	26.3	*	365 / 4
=	16.2915					/	26.3	*	365 / 4
=	56.52

Cembre SpA Days Payable Related Terms

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Cembre SpA (MIL:CMB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Cembre SpA (MIL:CMB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

J0L:Germany

Address

Via Serenissima 9, Brescia, ITA, 25135

Website

https://www.cembre.it

Cembre SpA along with its subsidiaries, is a manufacturer of electric connectors and related tools. Its geographic segments consist of Italy, Europe, and Rest of World. The product range includes Electrical connectors, installation tooling and equipment, cable glands and accessories, thermal transfer system, mechanical tools, and railroad products.

Cembre SpA (MIL:CMB) Headlines

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