UCapital24 SpA (MIL:U24) Days Payable : 67.65 (As of Dec. 2023)

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What is UCapital24 SpA Days Payable?

UCapital24 SpA's average Accounts Payable for the six months ended in Dec. 2023 was €0.38 Mil. UCapital24 SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €1.02 Mil. Hence, UCapital24 SpA's Days Payable for the six months ended in Dec. 2023 was 67.65.

The historical rank and industry rank for UCapital24 SpA's Days Payable or its related term are showing as below:

MIL:U24' s Days Payable Range Over the Past 10 Years
Min: 68.72 Med: 203.32 Max: 2893.09
Current: 125.87

During the past 7 years, UCapital24 SpA's highest Days Payable was 2893.09. The lowest was 68.72. And the median was 203.32.

MIL:U24's Days Payable is ranked better than
52.27% of 528 companies
in the Capital Markets industry
Industry Median: 105.34 vs MIL:U24: 125.87

UCapital24 SpA's Days Payable declined from Dec. 2022 (125.29) to Dec. 2023 (67.65). It may suggest that UCapital24 SpA accelerated paying its suppliers.

UCapital24 SpA Days Payable Historical Data

The historical data trend for UCapital24 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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UCapital24 SpA Days Payable Chart

UCapital24 SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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1,005.08

68.72

268.43

138.20

130.81

UCapital24 SpA Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial								401.00	124.94	125.29	303.97	67.65

Competitive Comparison of UCapital24 SpA's Days Payable

For the Capital Markets subindustry, UCapital24 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.

UCapital24 SpA's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, UCapital24 SpA's Days Payable distribution charts can be found below:

* The bar in red indicates where UCapital24 SpA's Days Payable falls into.

UCapital24 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.

UCapital24 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
=	( (0.623	+	0.331)	/	2 )	/	1.331	*	365
=	0.477					/	1.331	*	365
=	130.81

UCapital24 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
=	( (0.423	+	0.331)	/	2 )	/	1.017	*	365 / 2
=	0.377					/	1.017	*	365 / 2
=	67.65

UCapital24 SpA Days Payable Related Terms

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UCapital24 SpA (MIL:U24) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » UCapital24 SpA (MIL:U24) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

C.so Metteotti, 1, Milan, ITA, 20121

Website

https://www.ucapital24.com

UCapital24 SpA is a financial and economic social network. The company is engaged in providing economic and financial information and training services. It offers services through Platform, which is accessible via the website and mobile app.

UCapital24 SpA (MIL:U24) Headlines

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