E-Globe SpA (MIL:EGB) Days Payable : 53.20 (As of Dec. 2022)

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What is E-Globe SpA Days Payable?

E-Globe SpA's average Accounts Payable for the six months ended in Dec. 2022 was €2.75 Mil. E-Globe SpA's Cost of Goods Sold for the six months ended in Dec. 2022 was €18.87 Mil. Hence, E-Globe SpA's Days Payable for the six months ended in Dec. 2022 was 26.60.

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

MIL:EGB' s Days Payable Range Over the Past 10 Years
Min: 46.57 Med: 49.89 Max: 53.2
Current: 53.2

During the past 2 years, E-Globe SpA's highest Days Payable was 53.20. The lowest was 46.57. And the median was 49.89.

MIL:EGB's Days Payable is ranked worse than
67.77% of 1604 companies
in the Construction industry
Industry Median: 74.18 vs MIL:EGB: 53.20

E-Globe SpA's Days Payable increased from . 20 (0.00) to Dec. 2022 (53.20). It may suggest that E-Globe SpA delayed paying its suppliers.

E-Globe SpA Days Payable Historical Data

The historical data trend for E-Globe 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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E-Globe SpA Days Payable Chart

E-Globe SpA Annual Data

Trend

Dec21

Dec22

Days Payable

46.57

53.20

E-Globe SpA Semi-Annual Data
	Dec21	Dec22
Days Payable	46.57	53.20

Competitive Comparison of E-Globe SpA's Days Payable

For the Building Products & Equipment subindustry, E-Globe 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.

E-Globe SpA's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, E-Globe SpA's Days Payable distribution charts can be found below:

* The bar in red indicates where E-Globe SpA's Days Payable falls into.

E-Globe 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.

E-Globe 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
=	( (1.436	+	4.064)	/	2 )	/	18.869	*	365
=	2.75					/	18.869	*	365
=	53.20

E-Globe SpA's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

	Days Payable (Q: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2021 )	+	Accounts Payable (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (1.436	+	4.064)	/	2 )	/	18.869	*	365 / 2
=	2.75					/	18.869	*	365 / 2
=	26.60

E-Globe SpA Days Payable Related Terms

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E-Globe SpA (MIL:EGB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » E-Globe SpA (MIL:EGB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Loc. Lipuda industrial area, Cirò Marina, ITA, 88811

Website

https://www.e-globe.it

E-Globe SpA is an Italian Based Company which designs and distributes State of the art thermo-hydraulic and conditioning systems. The Company specializes in the sale of air conditioners, fan coils, electric pumps, solar panels, boilers and stoves. The company is associated with various brands such as ABB, aquatherm, ariston, Baxi, and carrier.

E-Globe SpA (MIL:EGB) Headlines

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