Vantea Smart SpA (MIL:VNT) Days Payable : 112.12 (As of Jun. 2023)

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What is Vantea Smart SpA Days Payable?

Vantea Smart SpA's average Accounts Payable for the six months ended in Jun. 2023 was €3.70 Mil. Vantea Smart SpA's Cost of Goods Sold for the six months ended in Jun. 2023 was €6.03 Mil. Hence, Vantea Smart SpA's Days Payable for the six months ended in Jun. 2023 was 112.12.

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

MIL:VNT' s Days Payable Range Over the Past 10 Years
Min: 42.72 Med: 63.16 Max: 185.91
Current: 185.91

During the past 4 years, Vantea Smart SpA's highest Days Payable was 185.91. The lowest was 42.72. And the median was 63.16.

MIL:VNT's Days Payable is ranked better than
82.46% of 2531 companies
in the Software industry
Industry Median: 50.13 vs MIL:VNT: 185.91

Vantea Smart SpA's Days Payable increased from Jun. 2022 (60.59) to Jun. 2023 (112.12). It may suggest that Vantea Smart SpA delayed paying its suppliers.

Vantea Smart SpA Days Payable Historical Data

The historical data trend for Vantea Smart 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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Vantea Smart SpA Days Payable Chart

Vantea Smart SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

103.27

63.16

42.72

204.60

Vantea Smart SpA Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			53.37	60.59	83.98	112.12	484.54

Competitive Comparison of Vantea Smart SpA's Days Payable

For the Information Technology Services subindustry, Vantea Smart 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.

Vantea Smart SpA's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Vantea Smart SpA's Days Payable distribution charts can be found below:

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

Vantea Smart 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.

Vantea Smart 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
=	( (6.093	+	4.437)	/	2 )	/	44.986	*	365
=	5.265					/	44.986	*	365
=	42.72

Vantea Smart 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
=	( (4.437	+	2.966)	/	2 )	/	6.025	*	365 / 2
=	3.7015					/	6.025	*	365 / 2
=	112.12

Vantea Smart SpA Days Payable Related Terms

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Vantea Smart SpA (MIL:VNT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Vantea Smart SpA (MIL:VNT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Tiburtina 1231, Rome, ITA, 00131

Website

https://www.vantea.com

Vantea Smart SpA is an Information Technology company that operates mainly in the Cybersecurity sector. It also offers consultancy in the field of System Integration and Software Development and Project development and Product development activities.