GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Allcore spa (MIL:CORE) » Definitions » Days Payable

Allcore spa (MIL:CORE) Days Payable : 57.44 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Allcore spa Days Payable?

Allcore spa's average Accounts Payable for the six months ended in Dec. 2023 was €5.24 Mil. Allcore spa's Cost of Goods Sold for the six months ended in Dec. 2023 was €16.64 Mil. Hence, Allcore spa's Days Payable for the six months ended in Dec. 2023 was 57.44.

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

MIL:CORE' s Days Payable Range Over the Past 10 Years
Min: 43.85   Med: 59.09   Max: 67.4
Current: 60.59

During the past 5 years, Allcore spa's highest Days Payable was 67.40. The lowest was 43.85. And the median was 59.09.

MIL:CORE's Days Payable is ranked better than
59.22% of 922 companies
in the Business Services industry
Industry Median: 47.445 vs MIL:CORE: 60.59

Allcore spa's Days Payable declined from Dec. 2022 (59.79) to Dec. 2023 (57.44). It may suggest that Allcore spa accelerated paying its suppliers.


Allcore spa Days Payable Historical Data

The historical data trend for Allcore 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.

Allcore spa Days Payable Chart

Allcore spa Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
59.09 54.65 43.85 67.40 60.68

Allcore spa Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only 31.93 60.26 59.79 64.14 57.44

Competitive Comparison of Allcore spa's Days Payable

For the Specialty Business Services subindustry, Allcore 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.


Allcore spa's Days Payable Distribution in the Business Services Industry

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

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



Allcore 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.

Allcore 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
=( (4.943 + 5.351) / 2 ) / 30.959*365
=5.147 / 30.959*365
=60.68

Allcore spa'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
=( (5.122 + 5.351) / 2 ) / 16.639*365 / 2
=5.2365 / 16.639*365 / 2
=57.44

* 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.


Allcore spa Days Payable Related Terms

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


Allcore spa (MIL:CORE) Business Description

Traded in Other Exchanges
N/A
Address
Via San Gregorio N. 55, Milan, ITA, 20124
Allcore spa is an Italy-based company engaged in tax optimization and business consulting for small and medium-sized enterprises.