Eligo SpA (MIL:ELG) Days Payable : 86.08 (As of Jun. 2023)

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What is Eligo SpA Days Payable?

Eligo SpA's average Accounts Payable for the six months ended in Jun. 2023 was €0.79 Mil. Eligo SpA's Cost of Goods Sold for the six months ended in Jun. 2023 was €1.68 Mil. Hence, Eligo SpA's Days Payable for the six months ended in Jun. 2023 was 86.08.

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

MIL:ELG' s Days Payable Range Over the Past 10 Years
Min: 107.84 Med: 154.28 Max: 154.28
Current: 107.84

During the past 2 years, Eligo SpA's highest Days Payable was 154.28. The lowest was 107.84. And the median was 154.28.

MIL:ELG's Days Payable is not ranked
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 69.13 vs MIL:ELG: 107.84

Eligo SpA's Days Payable increased from Jun. 2022 (0.00) to Jun. 2023 (86.08). It may suggest that Eligo SpA delayed paying its suppliers.

Eligo SpA Days Payable Historical Data

The historical data trend for Eligo 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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Eligo SpA Days Payable Chart

Eligo SpA Annual Data

Trend

Dec21

Dec22

Days Payable

154.28

Eligo SpA Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23
Days Payable	-	-	134.55	86.08

Competitive Comparison of Eligo SpA's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Eligo 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.

Eligo SpA's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Eligo SpA's Days Payable distribution charts can be found below:

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

Eligo 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.

Eligo 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
=	( (0	+	0.738)	/	1 )	/	1.746	*	365
=	0.738					/	1.746	*	365
=	154.28

Eligo SpA's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.738	+	0.845)	/	2 )	/	1.678	*	365 / 2
=	0.7915					/	1.678	*	365 / 2
=	86.08

Eligo SpA Days Payable Related Terms

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Eligo SpA (MIL:ELG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Eligo SpA (MIL:ELG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Marco D'Oggiono, 1, Milano, ITA

Website

https://www.eligo.it

Eligo SpA is dedicated to regaining the original roots of the timeless beauty of Italian, based on the imagination of craftsmen and the elegance of Italian design, with the mission of recapturing the original roots of its beauty. Eligo's partners include artisan's workshops, long-established italian companies, such as Berti Knives, Busatti Fabrics, and Valobra Soaps. The company's projects represent the key concepts of italian living and bring the brand vision into interior design projects.

Eligo SpA (MIL:ELG) Headlines

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