Cy4gate SpA (MIL:CY4) Days Payable : 92.23 (As of Dec. 2023)

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What is Cy4gate SpA Days Payable?

Cy4gate SpA's average Accounts Payable for the six months ended in Dec. 2023 was €13.97 Mil. Cy4gate SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €27.64 Mil. Hence, Cy4gate SpA's Days Payable for the six months ended in Dec. 2023 was 92.23.

The historical rank and industry rank for Cy4gate SpA's Days Payable or its related term are showing as below:

MIL:CY4' s Days Payable Range Over the Past 10 Years
Min: 63.62 Med: 90.49 Max: 136.12
Current: 80.31

During the past 6 years, Cy4gate SpA's highest Days Payable was 136.12. The lowest was 63.62. And the median was 90.49.

MIL:CY4's Days Payable is ranked better than
62.74% of 2536 companies
in the Software industry
Industry Median: 50.01 vs MIL:CY4: 80.31

Cy4gate SpA's Days Payable increased from Dec. 2022 (57.33) to Dec. 2023 (92.23). It may suggest that Cy4gate SpA delayed paying its suppliers.

Cy4gate SpA Days Payable Historical Data

The historical data trend for Cy4gate 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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Cy4gate SpA Days Payable Chart

Cy4gate SpA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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127.39

102.93

136.12

63.62

78.05

Cy4gate SpA Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial						109.42	56.08	57.33	71.73	92.23

Competitive Comparison of Cy4gate SpA's Days Payable

For the Software - Infrastructure subindustry, Cy4gate 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.

Cy4gate SpA's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Cy4gate SpA's Days Payable distribution charts can be found below:

* The bar in red indicates where Cy4gate SpA's Days Payable falls into.

Cy4gate 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.

Cy4gate 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
=	( (10.571	+	14.378)	/	2 )	/	58.335	*	365
=	12.4745					/	58.335	*	365
=	78.05

Cy4gate 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
=	( (13.558	+	14.378)	/	2 )	/	27.638	*	365 / 2
=	13.968					/	27.638	*	365 / 2
=	92.23

Cy4gate SpA Days Payable Related Terms

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Cy4gate SpA (MIL:CY4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cy4gate SpA (MIL:CY4) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

68H:Germany

Address

Via Coponia 8, Rome, ITA, 00131

Website

https://www.cy4gate.com

Cy4gate SpA is engaged in developing and selling cyber intelligence and cyber security products. It has two main business lines: the division Cyber Intelligence and the Cybersecurity division, dividing its offer between products and services in both business lines. Specifically, Cyber Intelligence is composed of Decision intelligence propriety products and Forensic Intelligence and Data Analysis products. The Cybersecurity division is composed of the development of products and technologies for Cybersecurity and Cybersecurity consultation, training, and services.

Cy4gate SpA (MIL:CY4) Headlines

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