M2iS (XPAR:ALMII) Days Payable : 97.86 (As of Dec. 2023)

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What is M2iS Days Payable?

M2iS's average Accounts Payable for the six months ended in Dec. 2023 was €9.00 Mil. M2iS's Cost of Goods Sold for the six months ended in Dec. 2023 was €16.78 Mil. Hence, M2iS's Days Payable for the six months ended in Dec. 2023 was 97.86.

The historical rank and industry rank for M2iS's Days Payable or its related term are showing as below:

XPAR:ALMII' s Days Payable Range Over the Past 10 Years
Min: 85.78 Med: 171.72 Max: 219.72
Current: 87.11

During the past 8 years, M2iS's highest Days Payable was 219.72. The lowest was 85.78. And the median was 171.72.

XPAR:ALMII's Days Payable is ranked better than
65.48% of 2526 companies
in the Software industry
Industry Median: 50.42 vs XPAR:ALMII: 87.11

M2iS's Days Payable increased from Dec. 2022 (97.36) to Dec. 2023 (97.86). It may suggest that M2iS delayed paying its suppliers.

M2iS Days Payable Historical Data

The historical data trend for M2iS'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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M2iS Days Payable Chart

M2iS Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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174.10

219.72

130.39

85.78

87.81

M2iS Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial											79.45	74.83	97.36	78.31	97.86

Competitive Comparison of M2iS's Days Payable

For the Information Technology Services subindustry, M2iS'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.

M2iS's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, M2iS's Days Payable distribution charts can be found below:

* The bar in red indicates where M2iS's Days Payable falls into.

M2iS 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.

M2iS'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
=	( (9.806	+	8.877)	/	2 )	/	38.832	*	365
=	9.3415					/	38.832	*	365
=	87.81

M2iS'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
=	( (9.119	+	8.877)	/	2 )	/	16.78	*	365 / 2
=	8.998					/	16.78	*	365 / 2
=	97.86

M2iS Days Payable Related Terms

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M2iS (XPAR:ALMII) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » M2i SAS (XPAR:ALMII) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

146-148 rue de Picpus, Paris, FRA, 75012

Website

http://www.m2iformation.fr

M2i SAS is a France-based company that offers training courses specialized in the field of information technology (IT), office automation, multimedia, and graphic arts. The platforms operated by the company include M2i diploma training, miiC Community Portal, Academiic and M2i Location.

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