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Dexelance SpA (MIL:DEX) Days Payable : 103.08 (As of Dec. 2023)


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What is Dexelance SpA Days Payable?

Dexelance SpA's average Accounts Payable for the three months ended in Dec. 2023 was €44.8 Mil. Dexelance SpA's Cost of Goods Sold for the three months ended in Dec. 2023 was €39.7 Mil. Hence, Dexelance SpA's Days Payable for the three months ended in Dec. 2023 was 103.08.

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

MIL:DEX' s Days Payable Range Over the Past 10 Years
Min: 86.9   Med: 95.52   Max: 110.3
Current: 86.9

During the past 4 years, Dexelance SpA's highest Days Payable was 110.30. The lowest was 86.90. And the median was 95.52.

MIL:DEX's Days Payable is ranked better than
62.99% of 408 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 66.98 vs MIL:DEX: 86.90

Dexelance SpA's Days Payable declined from Dec. 2022 (122.04) to Dec. 2023 (103.08). It may suggest that Dexelance SpA accelerated paying its suppliers.


Dexelance SpA Days Payable Historical Data

The historical data trend for Dexelance 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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Dexelance SpA Days Payable Chart

Dexelance SpA Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Payable
110.30 94.66 96.38 91.15

Dexelance SpA Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 122.04 80.79 78.51 83.59 103.08

Competitive Comparison of Dexelance SpA's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Dexelance 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.


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

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

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



Dexelance 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.

Dexelance 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
=( (37.369 + 51.271) / 2 ) / 177.483*365
=44.32 / 177.483*365
=91.15

Dexelance 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
=( (38.405 + 51.271) / 2 ) / 39.693*365 / 4
=44.838 / 39.693*365 / 4
=103.08

* 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.


Dexelance SpA Days Payable Related Terms

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Dexelance SpA (MIL:DEX) Business Description

Traded in Other Exchanges
Address
Corso Venezia, 29, Milan, ITA, 20121
Italian Design Brands SpA is a luxury homeware group. It develops and promotes an Italian hub for high-quality furniture and design.