Ediliziacrobatica SpA (MIL:EDAC) Days Payable : 94.99 (As of Dec. 2023)

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What is Ediliziacrobatica SpA Days Payable?

Ediliziacrobatica SpA's average Accounts Payable for the six months ended in Dec. 2023 was €18.6 Mil. Ediliziacrobatica SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €35.7 Mil. Hence, Ediliziacrobatica SpA's Days Payable for the six months ended in Dec. 2023 was 94.99.

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

MIL:EDAC' s Days Payable Range Over the Past 10 Years
Min: 47.01 Med: 78.86 Max: 119.19
Current: 83.29

During the past 8 years, Ediliziacrobatica SpA's highest Days Payable was 119.19. The lowest was 47.01. And the median was 78.86.

MIL:EDAC's Days Payable is ranked better than
70.27% of 925 companies
in the Business Services industry
Industry Median: 47.73 vs MIL:EDAC: 83.29

Ediliziacrobatica SpA's Days Payable increased from Dec. 2022 (66.29) to Dec. 2023 (94.99). It may suggest that Ediliziacrobatica SpA delayed paying its suppliers.

Ediliziacrobatica SpA Days Payable Historical Data

The historical data trend for Ediliziacrobatica 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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Ediliziacrobatica SpA Days Payable Chart

Ediliziacrobatica SpA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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119.19

107.83

68.52

61.78

89.20

Ediliziacrobatica SpA Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial										66.07	82.94	66.29	64.10	94.99

Competitive Comparison of Ediliziacrobatica SpA's Days Payable

For the Specialty Business Services subindustry, Ediliziacrobatica 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.

Ediliziacrobatica SpA's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ediliziacrobatica SpA's Days Payable distribution charts can be found below:

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

Ediliziacrobatica 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.

Ediliziacrobatica 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
=	( (9.336	+	23.881)	/	2 )	/	67.962	*	365
=	16.6085					/	67.962	*	365
=	89.20

Ediliziacrobatica 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
=	( (13.309	+	23.881)	/	2 )	/	35.724	*	365 / 2
=	18.595					/	35.724	*	365 / 2
=	94.99

Ediliziacrobatica SpA Days Payable Related Terms

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Ediliziacrobatica SpA (MIL:EDAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ediliziacrobatica SpA (MIL:EDAC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ALEAC:France

Address

Via Turati 29, Milan, ITA, 20121

Website

https://ediliziacrobatica.com

Ediliziacrobatica SpA is the leading company in the construction sector for rope or rope work. It carries out operations without the use of scaffolding or aerial platforms using the innovative and cutting-edge technique of the double safety rope that allows the customer quality services with excellent standards and significant cost reduction. The company offers renovation, restoration, cleaning, installation and maintenance interventions services.

Ediliziacrobatica SpA (MIL:EDAC) Headlines

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