BFC Media SpA (MIL:BFC) Days Payable : 44.88 (As of Dec. 2022)

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What is BFC Media SpA Days Payable?

BFC Media SpA's average Accounts Payable for the six months ended in Dec. 2022 was €2.52 Mil. BFC Media SpA's Cost of Goods Sold for the six months ended in Dec. 2022 was €10.23 Mil. Hence, BFC Media SpA's Days Payable for the six months ended in Dec. 2022 was 44.88.

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

MIL:BFC's Days Payable is not ranked ^*
in the Media - Diversified industry.
Industry Median: 79.27
* Ranked among companies with meaningful Days Payable only.

BFC Media SpA's Days Payable declined from Dec. 2021 (62.67) to Dec. 2022 (44.88). It may suggest that BFC Media SpA accelerated paying its suppliers.

BFC Media SpA Days Payable Historical Data

The historical data trend for BFC Media 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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BFC Media SpA Days Payable Chart

BFC Media SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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73.37

78.04

69.11

49.22

51.75

BFC Media SpA Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Days Payable	Get a 7-Day Free Trial												50.51	68.88	62.67	41.08	44.88

Competitive Comparison of BFC Media SpA's Days Payable

For the Publishing subindustry, BFC Media 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.

BFC Media SpA's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, BFC Media SpA's Days Payable distribution charts can be found below:

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

BFC Media 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.

BFC Media 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
=	( (1.512	+	3.381)	/	2 )	/	17.257	*	365
=	2.4465					/	17.257	*	365
=	51.75

BFC Media SpA's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

	Days Payable (Q: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2022 )	+	Accounts Payable (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (1.651	+	3.381)	/	2 )	/	10.23	*	365 / 2
=	2.516					/	10.23	*	365 / 2
=	44.88

BFC Media SpA Days Payable Related Terms

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BFC Media SpA (MIL:BFC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » BFC Media SpA (MIL:BFC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Melchiorre Gioia, 55, Milan, ITA, 20124

Website

https://www.bfcmedia.com

BFC Media SpA is an independent publishing house based in Milan that provides information on personal business and investment products, relating to the world of asset management and distribution. The company's brands include Forbes, Bluerating, Gooruf, ITE among others.