Lemon Sistemi SpA (MIL:LS) Days Payable : 97.82 (As of Dec. 2023)

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What is Lemon Sistemi SpA Days Payable?

Lemon Sistemi SpA's average Accounts Payable for the six months ended in Dec. 2023 was €3.30 Mil. Lemon Sistemi SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €6.16 Mil. Hence, Lemon Sistemi SpA's Days Payable for the six months ended in Dec. 2023 was 97.82.

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

MIL:LS' s Days Payable Range Over the Past 10 Years
Min: 115.15 Med: 137.48 Max: 206.31
Current: 120.75

During the past 3 years, Lemon Sistemi SpA's highest Days Payable was 206.31. The lowest was 115.15. And the median was 137.48.

MIL:LS's Days Payable is ranked better than
81.85% of 964 companies
in the Semiconductors industry
Industry Median: 51.61 vs MIL:LS: 120.75

Lemon Sistemi SpA's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (97.82). It may suggest that Lemon Sistemi SpA delayed paying its suppliers.

Lemon Sistemi SpA Days Payable Historical Data

The historical data trend for Lemon Sistemi 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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Lemon Sistemi SpA Days Payable Chart

Lemon Sistemi SpA Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

206.31

115.15

137.48

Lemon Sistemi SpA Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23
Days Payable	-	-	145.31	97.82

Competitive Comparison of Lemon Sistemi SpA's Days Payable

For the Solar subindustry, Lemon Sistemi 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.

Lemon Sistemi SpA's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Lemon Sistemi SpA's Days Payable distribution charts can be found below:

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

Lemon Sistemi 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.

Lemon Sistemi 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
=	( (2.215	+	4.481)	/	2 )	/	8.889	*	365
=	3.348					/	8.889	*	365
=	137.48

Lemon Sistemi 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
=	( (2.126	+	4.481)	/	2 )	/	6.163	*	365 / 2
=	3.3035					/	6.163	*	365 / 2
=	97.82

Lemon Sistemi SpA Days Payable Related Terms

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Lemon Sistemi SpA (MIL:LS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Lemon Sistemi SpA (MIL:LS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via IV Novembre, Balestrate, ITA, 6090041

Website

https://www.lemonsistemi.it

Lemon Sistemi SpA is an Italian company that specializes in solar energy systems. It focuses on designing, installing, and maintaining photovoltaic systems for homes and businesses. Its product portfolio includes Sunpower photovoltaic, Solar Thermal, Renewable heating systems, Storage systems, and Electric car charging stations.

Lemon Sistemi SpA (MIL:LS) Headlines

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