Servizi Italia SpA (LTS:0NJ3) Days Payable : 255.11 (As of Mar. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Servizi Italia SpA Days Payable?

Servizi Italia SpA's average Accounts Payable for the three months ended in Mar. 2024 was €86.8 Mil. Servizi Italia SpA's Cost of Goods Sold for the three months ended in Mar. 2024 was €31.1 Mil. Hence, Servizi Italia SpA's Days Payable for the three months ended in Mar. 2024 was 255.11.

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

LTS:0NJ3' s Days Payable Range Over the Past 10 Years
Min: 228.5 Med: 246.66 Max: 263.05
Current: 249.31

During the past 13 years, Servizi Italia SpA's highest Days Payable was 263.05. The lowest was 228.50. And the median was 246.66.

LTS:0NJ3's Days Payable is ranked better than
90.15% of 924 companies
in the Business Services industry
Industry Median: 47.71 vs LTS:0NJ3: 249.31

Servizi Italia SpA's Days Payable increased from Mar. 2023 (231.06) to Mar. 2024 (255.11). It may suggest that Servizi Italia SpA delayed paying its suppliers.

Servizi Italia SpA Days Payable Historical Data

The historical data trend for Servizi 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.

* Premium members only.

Servizi Italia SpA Days Payable Chart

Servizi Italia SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

248.08

263.05

248.29

228.50

247.64

Servizi 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															231.06	250.36	251.90	238.39	255.11

Competitive Comparison of Servizi Italia SpA's Days Payable

For the Specialty Business Services subindustry, Servizi 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.

Servizi Italia SpA's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Servizi Italia SpA's Days Payable distribution charts can be found below:

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

Servizi 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.

Servizi 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
=	( (85.077	+	87.631)	/	2 )	/	127.278	*	365
=	86.354					/	127.278	*	365
=	247.64

Servizi 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
=	( (87.631	+	85.998)	/	2 )	/	31.052	*	365 / 4
=	86.8145					/	31.052	*	365 / 4
=	255.11

Servizi Italia SpA Days Payable Related Terms

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

Servizi Italia SpA (LTS:0NJ3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Servizi Italia SpA (LTS:0NJ3) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SRI:Italy SRIm:UK

Address

Via San Pietro 59/B, Castellina di Soragna, ITA, 43019

Website

https://www.servizitaliagroup.com

Servizi Italia SpA is an Italy-based company. Together with its subsidiaries, the firm operates in three segments including Wash hire, Linen sterilisation, and Sterilisation of surgical instruments. Wash hire segment includes planning and provision of integrated hire, reconditioning and logistics services for textile items, mattresses, and accessories. Linen sterilisation includes the planning and rental of sterile medical devices. Sterilisation of surgical instruments includes planning and provision of washing, packaging and sterilisation services for surgical instruments and accessories. The majority of the revenues are generated from the Wash Hire segment. The group operates in Turkey, Brazil, and Italy, out of which the majority of the revenue comes from Italy.

Servizi Italia SpA (LTS:0NJ3) Headlines

No Headlines