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Reway Group SpA (MIL:RWY) Days Payable : 142.82 (As of Jun. 2023)


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What is Reway Group SpA Days Payable?

Reway Group SpA's average Accounts Payable for the six months ended in Jun. 2023 was €20.9 Mil. Reway Group SpA's Cost of Goods Sold for the six months ended in Jun. 2023 was €26.7 Mil. Hence, Reway Group SpA's Days Payable for the six months ended in Jun. 2023 was 142.82.

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

MIL:RWY' s Days Payable Range Over the Past 10 Years
Min: 133.36   Med: 153.29   Max: 175.36
Current: 175.36

During the past 3 years, Reway Group SpA's highest Days Payable was 175.36. The lowest was 133.36. And the median was 153.29.

MIL:RWY's Days Payable is ranked better than
79.93% of 1604 companies
in the Construction industry
Industry Median: 74.965 vs MIL:RWY: 175.36

Reway Group SpA's Days Payable increased from Jun. 2022 (123.01) to Jun. 2023 (142.82). It may suggest that Reway Group SpA delayed paying its suppliers.


Reway Group SpA Days Payable Historical Data

The historical data trend for Reway Group 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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Reway Group SpA Days Payable Chart

Reway Group SpA Annual Data
Trend Dec21 Dec22 Dec23
Days Payable
173.21 133.36 210.84

Reway Group SpA Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable - 123.01 136.11 142.82 168.40

Competitive Comparison of Reway Group SpA's Days Payable

For the Infrastructure Operations subindustry, Reway Group 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.


Reway Group SpA's Days Payable Distribution in the Construction Industry

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

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



Reway Group 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.

Reway Group 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
=( (21.042 + 23.625) / 2 ) / 61.124*365
=22.3335 / 61.124*365
=133.36

Reway Group 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
=( (23.625 + 18.103) / 2 ) / 26.661*365 / 2
=20.864 / 26.661*365 / 2
=142.82

* 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.


Reway Group SpA Days Payable Related Terms

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Reway Group SpA (MIL:RWY) Business Description

Traded in Other Exchanges
N/A
Address
Via Canalescuro, Licciana Oak Plan Nardi, Massa and Carrara, ITA
Reway Group SpA is engaged in the preservation and restoration of the infrastructure. The company deal with the Hydrodemolition of concrete, Mechanical milling, Injections, Steel and aluminum coatings, Waterproofing, Special restoration mortars, Painting, Construction of drains, Construction of nailing, and Lighting coating.

Reway Group SpA (MIL:RWY) Headlines

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