Centrale del Latte d'Italia SpA (CHIX:CLIM) Days Payable : 101.18 (As of Mar. 2024)

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What is Centrale del Latte d'Italia SpA Days Payable?

Centrale del Latte d'Italia SpA's average Accounts Payable for the three months ended in Mar. 2024 was €72.9 Mil. Centrale del Latte d'Italia SpA's Cost of Goods Sold for the three months ended in Mar. 2024 was €65.7 Mil. Hence, Centrale del Latte d'Italia SpA's Days Payable for the three months ended in Mar. 2024 was 101.18.

The historical rank and industry rank for Centrale del Latte d'Italia SpA's Days Payable or its related term are showing as below:

CHIX:CLIm' s Days Payable Range Over the Past 10 Years
Min: 92.78 Med: 119.97 Max: 164.37
Current: 96.58

During the past 13 years, Centrale del Latte d'Italia SpA's highest Days Payable was 164.37. The lowest was 92.78. And the median was 119.97.

CHIX:CLIm's Days Payable is ranked better than
81.33% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 46.12 vs CHIX:CLIm: 96.58

Centrale del Latte d'Italia SpA's Days Payable increased from Mar. 2023 (95.26) to Mar. 2024 (101.18). It may suggest that Centrale del Latte d'Italia SpA delayed paying its suppliers.

Centrale del Latte d'Italia SpA Days Payable Historical Data

The historical data trend for Centrale del Latte d'Italia 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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Centrale del Latte d'Italia SpA Days Payable Chart

Centrale del Latte d'Italia SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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117.36

117.97

92.78

104.68

102.65

Centrale del Latte d'Italia SpA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															95.26	94.61	106.71	93.39	101.18

Competitive Comparison of Centrale del Latte d'Italia SpA's Days Payable

For the Packaged Foods subindustry, Centrale del Latte d'Italia 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.

Centrale del Latte d'Italia SpA's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Centrale del Latte d'Italia SpA's Days Payable distribution charts can be found below:

* The bar in red indicates where Centrale del Latte d'Italia SpA's Days Payable falls into.

Centrale del Latte d'Italia 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.

Centrale del Latte d'Italia 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
=	( (74.111	+	78.317)	/	2 )	/	271.001	*	365
=	76.214					/	271.001	*	365
=	102.65

Centrale del Latte d'Italia SpA's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (78.317	+	67.418)	/	2 )	/	65.715	*	365 / 4
=	72.8675					/	65.715	*	365 / 4
=	101.18

Centrale del Latte d'Italia SpA Days Payable Related Terms

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Centrale del Latte d'Italia SpA (CHIX:CLIM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Centrale del Latte d'Italia SpA (CHIX:CLIm) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CLI:Italy

Address

Via Filadelfia, 220, Turin, ITA, 10137

Website

https://www.centralelatte.torino.it

Centrale del Latte d'Italia SpA is engaged in processing, transforming, and selling milk and dairy products, fresh vegetables, and packaged products. The business company operates in segments that include Fresh Milk, Extended Shelf Life Milk, UHT Milk, Yogurt, Fourth range products, Bulk Milk and Cream, Non-dairy products, and Other Packaged Products. The Fresh Milk segment generates maximum revenue for the company.

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