Sicily By Car SpA (MIL:SBC) Days Payable : 90.23 (As of Dec. 2023)

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What is Sicily By Car SpA Days Payable?

Sicily By Car SpA's average Accounts Payable for the six months ended in Dec. 2023 was €33.7 Mil. Sicily By Car SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €68.1 Mil. Hence, Sicily By Car SpA's Days Payable for the six months ended in Dec. 2023 was 90.23.

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

MIL:SBC' s Days Payable Range Over the Past 10 Years
Min: 64.36 Med: 116.37 Max: 1111.73
Current: 140.88

During the past 3 years, Sicily By Car SpA's highest Days Payable was 1111.73. The lowest was 64.36. And the median was 116.37.

MIL:SBC's Days Payable is ranked better than
82.3% of 921 companies
in the Business Services industry
Industry Median: 47.69 vs MIL:SBC: 140.88

Sicily By Car SpA's Days Payable increased from Dec. 2022 (38.71) to Dec. 2023 (90.23). It may suggest that Sicily By Car SpA delayed paying its suppliers.

Sicily By Car SpA Days Payable Historical Data

The historical data trend for Sicily By Car 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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Sicily By Car SpA Days Payable Chart

Sicily By Car SpA Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

1,111.73

64.36

116.37

Sicily By Car SpA Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	-	771.78	38.71	1,542.81	90.23

Competitive Comparison of Sicily By Car SpA's Days Payable

For the Rental & Leasing Services subindustry, Sicily By Car 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.

Sicily By Car SpA's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sicily By Car SpA's Days Payable distribution charts can be found below:

* The bar in red indicates where Sicily By Car SpA's Days Payable falls into.

Sicily By Car 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.

Sicily By Car 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
=	( (15.081	+	30.302)	/	2 )	/	71.171	*	365
=	22.6915					/	71.171	*	365
=	116.37

Sicily By Car 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
=	( (37.028	+	30.302)	/	2 )	/	68.09	*	365 / 2
=	33.665					/	68.09	*	365 / 2
=	90.23

Sicily By Car SpA Days Payable Related Terms

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Sicily By Car SpA (MIL:SBC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sicily By Car SpA (MIL:SBC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

5LC:Germany

Address

Via Galileo Galilei, 10H, Bolzano, ITA, 39100

Website

https://www.sicilybycar.it

Sicily By Car SpA operates in the Italian short-term rental market with 55 rental offices directly located at the main Italian airports and cities. The company allows to choose among: Private hire (cheap, compact, medium, standard, convertible, estate and 9-seater cars), Commercial vehicles, Electric car rentals, Boat rental.

Sicily By Car SpA (MIL:SBC) Headlines

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