Franchetti SpA (MIL:FCH) Days Payable : 154.70 (As of Dec. 2023)

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What is Franchetti SpA Days Payable?

Franchetti SpA's average Accounts Payable for the six months ended in Dec. 2023 was €1.12 Mil. Franchetti SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €1.33 Mil. Hence, Franchetti SpA's Days Payable for the six months ended in Dec. 2023 was 154.70.

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

MIL:FCH' s Days Payable Range Over the Past 10 Years
Min: 96.14 Med: 130.93 Max: 155.92
Current: 146.93

During the past 4 years, Franchetti SpA's highest Days Payable was 155.92. The lowest was 96.14. And the median was 130.93.

MIL:FCH's Days Payable is ranked better than
76.59% of 1606 companies
in the Construction industry
Industry Median: 73.785 vs MIL:FCH: 146.93

Franchetti SpA's Days Payable increased from Dec. 2022 (103.34) to Dec. 2023 (154.70). It may suggest that Franchetti SpA delayed paying its suppliers.

Franchetti SpA Days Payable Historical Data

The historical data trend for Franchetti 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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Franchetti SpA Days Payable Chart

Franchetti SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

154.16

96.14

107.70

155.92

Franchetti SpA Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			-	114.09	103.34	129.34	154.70

Competitive Comparison of Franchetti SpA's Days Payable

For the Engineering & Construction subindustry, Franchetti 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.

Franchetti SpA's Days Payable Distribution in the Construction Industry

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

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

Franchetti 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.

Franchetti 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
=	( (0.846	+	1.342)	/	2 )	/	2.561	*	365
=	1.094					/	2.561	*	365
=	155.92

Franchetti 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
=	( (0.906	+	1.342)	/	2 )	/	1.326	*	365 / 2
=	1.124					/	1.326	*	365 / 2
=	154.70

Franchetti SpA Days Payable Related Terms

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Franchetti SpA (MIL:FCH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Franchetti SpA (MIL:FCH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

D0E:Germany

Address

Vi Piazzale della Vittoria 7, Arzignano, ITA, I-36071

Website

https://www.franchetti.tech

Franchetti SpA is a civil and environmental engineering company specializes in the inspection, analysis and maintenance of high-value elements, such as bridges and complex transport networks.