GVS SpA (MIL:GVS) Days Payable : 61.05 (As of Dec. 2023)

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What is GVS SpA Days Payable?

GVS SpA's average Accounts Payable for the three months ended in Dec. 2023 was €36.6 Mil. GVS SpA's Cost of Goods Sold for the three months ended in Dec. 2023 was €54.7 Mil. Hence, GVS SpA's Days Payable for the three months ended in Dec. 2023 was 61.05.

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

MIL:GVS' s Days Payable Range Over the Past 10 Years
Min: 56.71 Med: 74.09 Max: 87.53
Current: 81.03

During the past 7 years, GVS SpA's highest Days Payable was 87.53. The lowest was 56.71. And the median was 74.09.

MIL:GVS's Days Payable is ranked better than
52.76% of 2936 companies
in the Industrial Products industry
Industry Median: 76.705 vs MIL:GVS: 81.03

GVS SpA's Days Payable declined from Dec. 2022 (75.06) to Dec. 2023 (61.05). It may suggest that GVS SpA accelerated paying its suppliers.

GVS SpA Days Payable Historical Data

The historical data trend for GVS 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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GVS SpA Days Payable Chart

GVS SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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63.28

56.71

67.92

76.22

87.53

GVS 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															99.91	79.61	78.15	61.05	76.31

Competitive Comparison of GVS SpA's Days Payable

For the Pollution & Treatment Controls subindustry, GVS 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.

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

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

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

GVS 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.

GVS 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
=	( (57.944	+	38.452)	/	2 )	/	200.976	*	365
=	48.198					/	200.976	*	365
=	87.53

GVS 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (34.772	+	38.452)	/	2 )	/	54.719	*	365 / 4
=	36.612					/	54.719	*	365 / 4
=	61.05

GVS SpA Days Payable Related Terms

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GVS SpA (MIL:GVS) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

0GV5:UK 4YQ:Germany

Address

Via Roma 50, Zola Predosa, Bologna, ITA, 40069

Website

https://www.gvs.com

GVS SpA is a manufacturer of filter solutions for applications in the Healthcare and Life Sciences, Energy and Mobility and Health and Safety sectors. Its products include healthcare liquid; healthcare air and gas; microfiltration; microbiology; environmental monitoring; disc and sheet membranes; molecular biology; technical documentation; fuel and diesel injector filters; ABS / ESP - braking filters; steering and transmission filters; fuel tank filters; ventilation membrane; throttle body; SCR tecnology - urea filter; among others.

GVS SpA (MIL:GVS) Headlines

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