Italian Sea Group (MIL:TISG) Days Payable : 144.71 (As of Dec. 2023)

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What is Italian Sea Group Days Payable?

Italian Sea Group's average Accounts Payable for the six months ended in Dec. 2023 was €82.0 Mil. Italian Sea Group's Cost of Goods Sold for the six months ended in Dec. 2023 was €103.4 Mil. Hence, Italian Sea Group's Days Payable for the six months ended in Dec. 2023 was 144.71.

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

MIL:TISG' s Days Payable Range Over the Past 10 Years
Min: 118.14 Med: 140.19 Max: 174.99
Current: 138.74

During the past 6 years, Italian Sea Group's highest Days Payable was 174.99. The lowest was 118.14. And the median was 140.19.

MIL:TISG's Days Payable is ranked better than
74.04% of 759 companies
in the Travel & Leisure industry
Industry Median: 58.02 vs MIL:TISG: 138.74

Italian Sea Group's Days Payable increased from Dec. 2022 (134.12) to Dec. 2023 (144.71). It may suggest that Italian Sea Group delayed paying its suppliers.

Italian Sea Group Days Payable Historical Data

The historical data trend for Italian Sea Group'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.

* Premium members only.

Italian Sea Group Days Payable Chart

Italian Sea Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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118.14

130.06

141.34

139.03

145.14

Italian Sea Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial					137.84	129.98	134.12	126.88	144.71

Competitive Comparison of Italian Sea Group's Days Payable

For the Leisure subindustry, Italian Sea Group'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.

Italian Sea Group's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Italian Sea Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Italian Sea Group's Days Payable falls into.

Italian Sea Group 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.

Italian Sea Group'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
=	( (78.77	+	90.568)	/	2 )	/	212.92	*	365
=	84.669					/	212.92	*	365
=	145.14

Italian Sea Group'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
=	( (73.463	+	90.568)	/	2 )	/	103.435	*	365 / 2
=	82.0155					/	103.435	*	365 / 2
=	144.71

Italian Sea Group Days Payable Related Terms

Thank you for viewing the detailed overview of Italian Sea Group's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Italian Sea Group (MIL:TISG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Italian Sea Group (MIL:TISG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

6QN:Germany

Address

Viale Cristoforo Colombo, 4Bis, Marina di Carrara, ITA, 54033

Website

https://www.theitalianseagroup.com

Italian Sea Group is engaged in designing, manufacturing, and sales of custom-made luxury superyachts. The yachts offered by the company include Quinta Essentia, Entourage, Planet Nine, and Tremenda among others.

Italian Sea Group (MIL:TISG) Headlines

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